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Letter of Credit & Specialty Coordinator
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Full-time
- Job SummaryThis individual will be responsible for supporting all functional activities of the Letter of Credit portfolios for Commercial and Small Business Lending across the Northwest Bank footprint.
- Individual will also assist the Specialty Loan Operations, which currently includes deals originated via Corporate Finance, Sponsor Finance, Sports Finance, Restaurant Franchise and Secondary Market lending areas.
- Must manage time constraints and meet both internal and external customer expectations while applying superior analytical skills and advanced Letter of Credit and loan documentation knowledge to each transaction.
- Structure the terms and conditions of each Letter of Credit and amendment while preparing all required operations' checklists, system forms and instruction for proper compliance, legal, and core system risk mitigation.
- Coordinate and curative actions required by independent reviewExamine standby Letter of Credit documents presented for payment in accordance with global/standard banking rules of practice and law to determine payment or refusal.
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