SUMMARY:

Issuance andAmendments of Letters of Credit (Standby letter of credit, commercial letter ofcredit)

RESPONSIBILITIES:

·Issuance and amendment of Standby Letter of Credit, Commercial Letterof Credit received from the Front Office or the customer checking the letter ofcredit application and letter of credit terms for compliance with internationalgoverning rules [UCP, ISP98, U.S. Regulatory matters].

·Review/Prepare/Process the Standby Letter of Credit, Commercial Letterof Credit via mail/email/SWIFT and update the Standby Letter of Credit,Commercial Letter of Credit transaction in the Trade Finance system

·Register all transactions in the online document storage system withall supporting documents including registering the evergreen renewal terms andpending beneficiary consents as required

·Monitor and Control evergreen notification dates and all beneficiaryconsents

·Review and Prepare Letter of Credit invoices to the customer asrequired including processing the transaction in the Standby Letter of Creditsystem and confirming payment is received.

·Obtain a basic understanding of the applicable rules and regulationsthat govern the Bank. Understand that all questions and/or clarification aboutsuch rules and regulations should be directed to the Americas ComplianceDivision. Attend Annual Compliance Training presented by the AmericasCompliance Division. Read and respond as necessary to all compliance-relatedreference and directive materials received. Comply with the Bank's "Codeof Conduct".

Requirements

QUAILFICATIONS:

·College diploma or equivalent.

·5 Years of Standby Letter of Credit experience

·Working knowledge of the "UCP" currently in effect.

·TRADE FINANCE

·INVOICES

·SWIFT

·OFAC