CONTRACTOR - Letter of Credit Technician (intermediate)
Company: SoHo Dragon represents an Investment Bank client
Location: Hybrid – Jersey City, NJ
Contract: 6 months
Key Responsibilities:
- Examining and negotiating import, standby and export letter of credit documents;
- Advising, issuing, and amending import, standby and export letters of credit;
- Process confirmed letters of credit;
- Process incoming and outgoing collection items;
- Make payment via L/C system;
- Handle investigations for trade products;
- Perform duties as Letter of Credit Technician for specified accounts when coverage is needed (Payment vs. Issuance);
- Act as an advisor to internal and external clients on trade finance-related issues
Profile
Required Qualifications:
- Must have extensive knowledge of UCP600/500, URR725, ISP98, ISBP, URDG and URC522
- Should have automated letter of credit systems knowledge
- Knowledge of SWIFT processing
- Must possess at least 5+ years Letter of Credit technical experience
- Should have knowledge of a facility monitoring and batch input system
- Should have regulatory knowledge with regard to trade finance products, i.e., AML, OFAC, Anti-Boycott
