Letter of Credit Specialist - Los Angeles, CA

Associates at California Bank & Trust work in a relationship-centered culture where they are provided with the tools, training, and opportunities to build the best possible relationships with our clients and with each other. Our workplace culture values each associate’s unique experiences, background and perspectives and provides a collaborative environment for all employees to grow and thrive.      

As a premier California-focused financial services company dedicated to serving its communities, families, and businesses (small, mid-sized and large), CB&T has been active for 70 years and has more than 80 full-service branch offices across the state. This dedication has helped the bank earn recognition as a perennial powerhouse in yearly voting for “Best Bank” and “Best Commercial Bank” from the readers of San Diego Union-Tribune and Orange County Register. Additionally, as a division of Zions Bancorporation, the bank has collected multiple Greenwich Excellence Awards for “Overall Client Satisfaction” in Small Business & Middle Market Excellence Awards.  

We are looking for a Letter of Credit Specialist in Los Angeles, CA. 

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).  

• Processes Import/Export Documentary Collections, 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 1+ 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.  

• Working knowledge of trade finance transactions, letter of credit issuance and documents, collections and compliance regulations.  

• Knowledge of and understands SWIFT and FedWIRE transactions.  

• Good customer service, communication and interpersonal skills in order to interact effectively with clients and all levels of Bank personnel.  

• Good analytical and problem-solving skills.  

• Must be detail-oriented and accurate in a deadline-driven, multitask-oriented environment.  

• Basic 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 Paternal 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 

• 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 

• Employee Ambassador preferred banking products 

This position is eligible to earn a base salary in the range of $50,000 – $73,000 annually depending on job-related factors such as level of experience.