Natixis Corporate & Investment Banking · 4 weeks ago
Letter of Credit Analyst (Must have Letter of Credit experience)
New York, NY
Full-time
Onsite
New Grad, Entry Level
$110K/yr - $145K/yrNatixis Corporate & Investment Banking is seeking a Letter of Credit Analyst responsible for the timely execution of various activities related to Letters of Credit. The role involves issuing, advising, confirming, and processing payments under Letters of Credit while ensuring compliance with legal and regulatory requirements.
Financial Services
Responsibilities
Provide business coverage during the “TradeGO” migration project, scheduled for implementation in 4Q25
Issuance of import Documentary & Standby Letters of Credit and amendments
Advising and confirmation of the export Documentary & Standby Letter of Credit and amendments
Execution of payments under the letters of credit
Execution of the relevant controls to process the transactions, including Compliance checks and Middle/Front Offices’ approvals (when applicable)
Execution of (cash) reconciliation
Invoicing of clients and applying received fees accordingly
Providing daily advises to the clients on the Letters of credit activities
Producing accurate results in a fast-paced environment, sometimes under time constraints
Processing of all transactions in the timely manner
Deliver high quality service to customers in line with agreements and ensure all process, policies and controls are duly followed
Understands and applies legal and regulatory requirements such as anti-boycott regulations, OFAC, AML and red flag indicators
Daily reconciliation of all USD and foreign currency activity
Maintain strong working relationship with Middle and Front offices, Compliance, Finance and other stakeholders
Review & respond to all email inquiries in timely manner
Qualification
Required
Undergraduate degree
Beginner's experience with Letters of Credit
Knowledge of Excel & Word, Loan IQ, and Swift
Effective written and verbal communications as well as a keen sense of detail orientation are also required
Knowledge of Uniform Customs & Practices, ICC Publication 600, and International Standby Practices 1998 (ISP98) ICC Pub 590, Uniform Rules for Bank-to-Bank Reimbursements ICC Pub. 525 and Uniform Rules for Collections ICC Pub 522
Organized, proactive, highly motivated, always exhibits professional conduct
Benefits
Generous benefits package
Discretionary incentive award depending on company and individual performance
Company
Natixis Corporate & Investment Banking
Natixis Corporate & Investment Banking is a financial institution offers banking, finance and capital markets services.
Founded in 2006
5001-10000 employees
Funding
Current Stage
Late StageTotal Funding
$28.34M2024-07-15Debt Financing· $28.34M
Leadership Team
Morin Stephane
Deputy CEO
Olivier Delay
Americas CEO
Recent News
2026-01-19
2026-01-19
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