International Banking Officer

Exact compensation may vary based on skills, experience and/or education, and location.  This position is also eligible for an annual bonus.

SUMMARY 

The International Banking Officer will be responsible for the day-to-day processes pertaining to the department’s activities.  Generally, functions performed have high monetary exposure and risk involving large dollar volumes.

ESSENTIAL DUTIES AND RESPONSIBILITIES 

• Complies with and stays abreast of all policies and procedures, federal and state laws applicable to the job.
• Issues and Amends Import Letters of Credit.
• Negotiates Import documents.
• Issues Acceptance under Import Letter of Credit.
• Issues Shipside Bonds and Airway Bill Releases
• Process Import LC Payments and Ensures BA payments are processed on time, at maturity.
• Advises and Amends Export Letters of Credit.
• Negotiates Export documents.
• Process Export LC Payments
• Cancels Expired or Unused Import and Export Letters of Credit.
• Import LC and BAs Monthly Balancing
• Ensures Outstanding Import LCs and BAs balance with GL Accounts and Sub-Notes
• Maintains Import LC Maintenance Files (Current RCEs, Continuing LC Agreements, Additional Information) 
• Blackline Reconciliation of GL Accounts
• Prepares and maintains the Customer Profile Files
• Assist with providing information and guidance to Import and Export Prospects
• Provides training and ongoing support to the International Collections Specialist 
• Assist with Standby LC operations
• Review all SWIFT MT094 messages and communicate information when necessary.
• Provides, presents, and promotes The Citizens Experience to all external and internal customers.
• Assist the other associates in the department, as needed, to complete the daily work.
• Other duties as assigned.

SUPERVISORY RESPONSIBILITIES 

This job has no supervisory responsibilities. 

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1.  Knowledge of Trade products.

2.  Understanding of Trade Finance structure at Citizens Business Bank.

3.  Experience with Letters of Credit.

4.  Knowledge and experience with Uniform Customs and Practices 500 and ISP 98.

4.  Knowledge and experience with Foreign Documentary Collection 200.

6.  A working knowledge of the International SWIFT System 

EDUCATION and/or EXPERIENCE 

Bachelor’s degree (B.S.) or equivalent; or four to ten years related experience and/or training; or equivalent combination of education and experience.

LANGUAGE SKILLS 

Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.  Ability to write reports, business correspondence, and procedure manuals.   Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.

MATHEMATICAL SKILLS 

Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry.  Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.

REASONING ABILITY

Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

Computer Skills

To perform this job successfully, an individual should have knowledge of Microsoft Suite software, as well as GFX, Navigator, and Swift. 

Certificates, Licenses, Registrations

Current driver's license

OTHER SKILLS and ABILITIES

• Knowledge of Trade products.
• Understanding of Trade Finance structure.
• Experience with Letters of Credit.
• Knowledge and experience with Uniform Customs and Practices 500 and ISP 98.
• Knowledge and experience with Foreign Documentary Collection 200.
• A working knowledge of the International SWIFT System 

Other Qualifications

Must be able to travel ten percent of the time.

PHYSICAL DEMANDS

While performing the duties of this Job, the employee is regularly required to use hands and fingers to handle or feel; and talk or hear. The employee is frequently required to sit and reach with hands and arms. The employee is occasionally required to stand; walk and stoop, kneel, crouch, or crawl.  The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision.

WORK ENVIRONMENT 

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually quiet.

Salary Range:$23.93 To $32.31 Hourly

Exact compensation may vary based on skills, experience and/or education, and location.  This position is also eligible for an annual bonus.