Bci Miami · 1 week ago
Letters of Credit/Loans Specialist
Miami, FL
Full-time
Onsite
Senior Level
5+ years expBci Miami is a leading financial services provider focused on innovations and personalized client experiences. The Letters of Credit Specialist is responsible for processing Letters of Credit and collections, ensuring accurate documentation and customer relations throughout the process.
BankingFinancial Services
Responsibilities
Letters of Credit functions (OFAC verifications, offerings, issuance, confirmation, advice, processing payments, amendments, discounts, acceptances, reimbursements, investigations, tracers, cancellations and fillings
Letters of Credit documentation– document checker
Documentary Collections- all functions
Customer relations– correspondence
Letter of credit and collections report revision daily
Verify letters of credit applications for accurate terms and rate, appropriate approvals, documents and disclosures, appropriate credit authorization and disbursal amounts
Enter verified application information tickets into the system
Prepare required offering tickets, and general ledger entries
Prepare and distribute Collateralized lending reports
Responsible for NetX 360- Collateralized lending report (daily)
Verify amendment requests, prepares offering tickets when is required and obtains credit authorization when necessary
Control past due drafts, expired letters of credit, and month end duties entries, statistics
Factoring and forfeiting transactions
Assist with inventory of legal documents in custody
Document scanning
Safeguard of LC documents
Prepare customer and agent relations– correspondence
Review daily reports (Icold) of past due loans acceptances, Internal DDA accounts
Assist with calculations and answers branch and customer inquiries
Assist with training as needed
Filing and other organization of information
Must have regular and predictable attendance and work the hours and/or shifts assigned, particularly during regular business hours, to communicate with colleagues, supervisors, and customers with whom interaction is required to accomplish and complete work assignments and meet company goals within established deadlines
Must maintain courteous, professional and effective internal and external working relationships
Must provide timely and appropriate responses to requests for information and/or customer complaints or concerns and provide appropriate follow-up to ensure issues are resolved
Ability to understand, speak (fluently), read and write English and Spanish
Ability to write routine reports and correspondence
Ability to multitask and work under pressure
Effectively speaking before groups of customers or employees
Assume evolving duties and responsibilities of position
Work all hours required to fulfill job duties and responsibilities including weekends, evenings and holidays as needed)
Travel as required
Provide coverage for other positions as requested
Ability to carry and lift boxes and/or other objects that may weigh between 10 and 25 pounds
Perform additional duties and responsibilities as assigned by management
Qualification
Required
Ability to understand, speak (fluently), read and write English and Spanish
Ability to write routine reports and correspondence
Ability to multitask and work under pressure
Effectively speaking before groups of customers or employees
Must have regular and predictable attendance and work the hours and/or shifts assigned
Must maintain courteous, professional and effective internal and external working relationships
Must provide timely and appropriate responses to requests for information and/or customer complaints or concerns
Ability to carry and lift boxes and/or other objects that may weigh between 10 and 25 pounds
Bachelor's degree or equivalent from four-year College
5 – 7 years' work experience with Letters of Credit
Ability to operate IBM compatible personal computers
Fluency with Microsoft Word, Microsoft Excel, Microsoft PowerPoint and Google
Working knowledge of SWIFT
Preferred
Datapro E-IBS is preferred but not required
Company
Bci Miami
Bci Miami is the US branch of Banco de Credito e Inversiones, a Chilean bank that has been for more than 75 years in the market.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Frances Melendez, SHRM-CP
Banking Officer - HR Business Partner
Company data provided by crunchbase