Standby Letter of Credit Operations Analyst - Lenmar Consulting, Inc.

Standby Letter of Credit Operations Analyst
Location: Jersey City, NJ (Onsite, 0% Remote)
Duration: 12+ months
Overview:
We are seeking an experienced professional in Trade Finance Operations with expertise in Standby and Documentary Letters of Credit. This role involves processing trade finance transactions, maintaining compliance with regulatory requirements, and ensuring operational excellence in handling complex financial instruments.
Key Responsibilities:

• Manage issuance and maintenance of standby and documentary letters of credit.
• Examine and process default drawings and direct pay presentations.
• Communicate with internal/external clients on technical issues and resolve disputes.
• Ensure regulatory compliance and adherence to industry practices (UCP 600, ISP98, etc.).
• Perform administrative tasks, including fee calculations and file maintenance.
• Support team leadership with ad-hoc duties and special projects.

Qualifications:

• 5-7+ years of technical experience with standby and documentary letters of credit.
• Strong knowledge of UCP 600, ISP98, and related regulatory frameworks.
• Familiarity with AML, OFAC, and anti-boycott regulations.
• Proficiency in Microsoft Office Suite and trade finance systems.
• Excellent communication and organizational skills.

Preferred:

• Relevant experience in Trade Finance Operations.
• Expertise in drafting technical credit terms and automated processing environments.

If you are detail-oriented and have a passion for ensuring seamless trade finance operations, we encourage you to apply.