Letter of Credit Specialist- In-Office Salt Lake, UT

Zions Bancorporation is one of the nation’s premier financial services companies operating as a collection of great banks under local brands and management teams in high-growth western markets. Zions is regularly recognized by American Banker as one of the “Best Banks to Work For” and as having a top banking team in its list of “The Most Powerful Women in Banking.” Our customers consistently vote us as the best bank in our local markets., We value our employees, and we are committed to search out, recognize and create fulfilling opportunities for outstanding people within our organization, rewarding them for their contributions to our success. We recognize that banking is a “local” business, and that to be successful, we must have very strong ties to the communities we serve and strong relationships with our customers.

With benefits starting on day one, 12 bank holidays, profit sharing and company-matched 401(k) contributions, Zions is dedicated to being an employer of choice in our communities. At Zions, the possibilities are endless. You bring the talent; we bring the opportunity.

We are looking for a Letter of Credit Specialist in Salt Lake City, UT.

Essential Functions:

• Responsible for day-to-day processing of Letter of Credit, Collection and Trade Finance transactions to facilitate revenue generation and business development.
• Responsible for one or more of the following; Issuance of Standby and Commercial Letter(s) of Credit upon proper credit approval/receipt of required application documentation, advising Export Letter(s) of Credit to customers, examines documents presented under all types of L/C's for compliance to terms/conditions and pays as directed.
• Monitors Standby Letter(s) of Credit auto renewal(s).
• Trade Finance Loans and fees on all products.
• Provides counsel to customers/branch personnel on technical aspects of products/processes.
• Input(s) all transactions into the trade finance system.
• Assists with reporting as needed.
• Other duties as assigned

Qualifications:

Requires a high school degree or equivalent and 2 year of related international trade and/or letter of credit operations experience within a financial institution or other directly related experience. A combination of education and experience may meet job requirements

• Advanced knowledge of trade finance transactions, letter of credit issuance and documents, collections and compliance regulations.
• Advanced knowledge of and understands SWIFT and FedWIRE transactions.
• Excellent customer service, communication and interpersonal skills in order to interact effectively with clients and all levels of Bank personnel.
• Advanced analytical and problem solving skills.
• Must be detail-oriented and accurate in a deadline-driven, multitask-oriented environment.
• Advanced computer experience required, e.g..
• Microsoft Word, Excel, Outlook and PowerPoint.

Benefits:

• Medical, Dental and Vision Insurance - START DAY ONE!
• Life and Disability Insurance, Paid Parental Leave and Adoption Assistance.
• Health Savings (HSA), Flexible Spending (FSA) and dependent care accounts.
• Paid Training, Paid Time Off (PTO) and 11 Paid Federal Holidays, and any applicable state holidays.
• 401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience.
• Mental health benefits including coaching and therapy sessions.
• Tuition Reimbursement for qualifying employees enrolled in an accredited degree program related to the needs of the business, maximum of $5,250 per calendar year, employees are eligible for the program upon hire.
• Employee Ambassador preferred banking products.

Salary : $5,250