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Letter Credit Jobs (NOW HIRING)

Credit Agricole CIB

Head of Letter of Credit Operations US ANALYST PROGRAM The US Analyst program offers an opportunity for recent college graduates interested in finance and corporate/investment banking to actively ...

Delta Capita

Letter of Credit Servicing

Dallas, TX · On-site

Review counter-standby Letter of Credit drafts before releasing them to correspondent banks * Assess communications with correspondent banks to ensure accuracy and consistency * Coordinate and manage ...

M&T Bank

Letter of Credit Specialist I

Bridgeport, CT · On-site

$25.07 - $41.79/hr

Processes and supports Letter of Credit transactions in adherence to ICC (International Chamber of Commerce) guidelines to minimize risk to the Bank. Primary Responsibilities: * Process amendments of ...

M&T Bank

Letter of Credit Specialist I

Baltimore, MD · On-site

$25.07 - $41.79/hr

Processes and supports Letter of Credit transactions in adherence to ICC (International Chamber of Commerce) guidelines to minimize risk to the Bank. Primary Responsibilities: * Process amendments of ...

New

M&T Bank

Letter of Credit Specialist I

Bridgeport, CT · On-site

$25.07 - $41.79/hr

Processes and supports Letter of Credit transactions in adherence to ICC (International Chamber of Commerce) guidelines to minimize risk to the Bank. Primary Responsibilities: * Process amendments of ...

M&T Bank

Letter of Credit Specialist I

Baltimore, MD · On-site

$25.07 - $41.79/hr

Processes and supports Letter of Credit transactions in adherence to ICC (International Chamber of Commerce) guidelines to minimize risk to the Bank. Primary Responsibilities: * Process amendments of ...

New

M&T Bank

Letter of Credit Specialist I

Bridgeport, CT · On-site

$25.07 - $41.79/hr

Processes and supports Letter of Credit transactions in adherence to ICC (International Chamber of Commerce) guidelines to minimize risk to the Bank. Primary Responsibilities: * Process amendments of ...

M&T Bank

Letter of Credit Specialist I

Bridgeport, CT · On-site

$25.07 - $41.79/hr

Processes and supports Letter of Credit transactions in adherence to ICC (International Chamber of Commerce) guidelines to minimize risk to the Bank. Primary Responsibilities: * Process amendments of ...

Yoh, A Day & Zimmermann Company

NY · On-site

$100K/yr

Responsible for structuring Letter of Credit & Guarantees vetting by collaborating with the Clients, Legal, Product, Risk & Compliance. * Contribute to workflow optimization and process improvement ...

New

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How much do letter credit jobs pay per hour?

As of Sep 14, 2026, the average hourly pay for letter credit in the United States is $20.43, according to ZipRecruiter salary data. Most workers in this role earn between $18.27 and $22.36 per hour, depending on experience, location, and employer.

What is a letter credit?

A Letter of Credit (LC) job typically involves handling and processing financial instruments used in international trade to guarantee payment between buyers and sellers. Professionals in this role work with banks, importers, exporters, and financial institutions to ensure compliance with trade regulations and financial agreements. Responsibilities may include preparing, reviewing, and verifying LC documents, coordinating with stakeholders, and mitigating risks related to international transactions. Strong knowledge of banking procedures, trade finance, and document review is essential for success in this role.

What are the typical daily responsibilities of a letter credit specialist?

Letter of Credit Specialists are responsible for reviewing and issuing documentary credits, verifying compliance of documents, and ensuring all transactions align with banking and international trade regulations. On a daily basis, they interact closely with clients, exporters, importers, and internal banking teams to resolve discrepancies and guide parties through the credit process. They also monitor timelines, manage amendments, and maintain accurate records to ensure smooth trade finance operations. This role requires strong organizational skills and the ability to handle multiple priorities while providing excellent customer service.

What are the key skills and qualifications needed to thrive in the letter credit position, and why are they important?

To excel as a Letter of Credit Specialist, you need a solid understanding of international trade finance, banking procedures, and relevant regulations, often supported by a degree in finance, accounting, or international business. Familiarity with trade finance software, SWIFT messaging systems, and ICC rules (such as UCP 600) is essential, and professional certifications like CDCS are highly valued. Strong attention to detail, analytical thinking, and effective communication skills set top performers apart in this role. These competencies ensure accurate processing, mitigate risks, and facilitate seamless transactions in global trade operations.

What are the roles in a letter of credit?

A letter of credit involves several key roles: the applicant (buyer), who requests the credit; the issuing bank, which provides the guarantee; the beneficiary (seller), who receives payment; and sometimes a confirming bank, which adds its guarantee. These roles ensure that payment is made only when the specified terms and conditions are met, requiring knowledge of banking procedures and documentation standards.

What can I do with a letter of credit?

A letter of credit is a financial document used in international trade to guarantee payment to a seller once specific conditions are met. It helps facilitate secure transactions between buyers and sellers, often requiring knowledge of banking procedures and compliance with terms. Professionals handling letters of credit need to understand trade finance, documentation, and banking regulations.
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Letter Credit jobs near you
Infographic showing various Letter Credit job openings in the United States as of September 2026, with employment types broken down into 1% Internship, 81% Full Time, and 18% Part Time. Highlights an 93% Physical, 1% Hybrid, and 6% Remote job distribution, with an average salary of $42,501 per year, or $20.4 per hour.

US Analyst - Letter of Credit Analyst

Manhattan, NY • On-site

Crédit Agricole Group
See more jobs at Crédit Agricole Groupexternal

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Posted 13 days ago

Job description

LETTER OF CREDIT ANALYST

Department: International Trade & Transaction Banking | Reports to: Head of Letter of Credit Operations

US ANALYST PROGRAM

The US Analyst program offers an opportunity for recent college graduates interested in finance and corporate/investment banking to actively participate in this fast-paced and challenging industry. The standard analyst program is two years, with analysts hired on an initial one-year contract. The goal of the analyst program is to develop top candidates into Full-Time Associate positions at the end of the two year period. We provide our analysts with the tools necessary for professional growth and career advancement.

ROLE SUMMARY

Process and maintain the Bank's letters of credit portfolio, including issuance, confirmation, and advising of Standby/Guarantees and Import/Export letters of credit. Ensure compliance with client instructions, UCP 600/ISP98, and Bank policies while supporting clients and internal teams on technical aspects of trade finance.

KEY RESPONSIBILITIES
  • Process letter of credit transactions in conformity with client instructions, UCP 600/ISP98, and Bank credit/compliance procedures
  • Review draft letters of credit and coordinate resolution of issues with clients
  • Prepare and execute letter of credit documents using LCMS, Microsoft Word, and ACBS
  • Record standby/commercial letter of credit activity in ACBS, LCMS, and SWIFT Alliance
  • Monitor daily maturity reports and ensure timely action on maturing transactions
  • Track pending inquiries, discrepancies, and document resolution; follow up until payment is secured
  • Process SWIFT messages for LC transactions and ensure documentation compliance
  • Coordinate clearing and reconciliation of open cash items and daily exceptions with CBO Control Unit
  • Ensure timely disbursement of funds for LC drawings and accurate recording in ACBS
  • Review past due fee reports for accuracy and timely management reporting
  • Escalate compliance matters to Management and Compliance as needed
KEY CONTACTS

Internal: Control & Reconciliation, IT Support, ITB Front/Middle Offices, Compliance, Finance

External: Clients

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