Dgo Letter of Credit Technician

1 week ago


Montréal, Canada Crédit Agricole CIB Full time

**Description du poste**:
Summary

The Letter of Credit Specialist is responsible for maintaining and processing the Bank’s letters of credit portfolio, specifically the issuance, confirmation, and advising Standby/Guarantees and Import/Export letters of credit.

Key Responsibilities

Ensure that letter of credit transactions are in conformity with client instructions, UCP Publication 600/ISP98, and the Bank’s credit/ compliance procedures.

Review Draft Letters of Credit and coordinate any issues with client

Ensure timely processing of sensitive transactions and report to management any unusual or intricate transactions requiring review, discussion and or approval.

Provide assistance/support to clients and corporate groups on technical aspects and practices of letters of credit.

Prepare and execute required letter of credit documents using LCMS, Microsoft Word, or ACBS, as needed.

Review daily maturity report to ensure action has been taken on applicable, for maturing transactions.

Properly record standby/commercial letters of credit activity in ACBS and LCMS, Swift Alliance as required.

Monitor pending inquiries, discrepancies and resolution of documents filed, ensure that all items are actively traced via correspondence with respective parties, tickler schedule and actively follow-up until payment is secured and transaction is finalized.

Ensure amendment notices/confirmations are completed and forwarded to clients or commercial group by the L/C Administrator.

Coordinate clearing/reconciling of open cash items and daily exceptions reported by the CBO Control Unit for L/C portfolio.

Ensure that Letters of Credit file contains relevant supporting documentation i.e. copy of executed letter of credit/ amendments and completed compliance checklist, when required.

Ensure timely disbursement of funds, as required for LC drawings, and record transaction through the Bank’s accounting system (ACBS) for accurate accounting and reporting.

Ensure SWIFT messages for LC transactions are processed properly.

Ensure all documentation for Documentary and Standby Letter of Credits are compliant. Escalate any compliance matters to both Management and Compliance.

Review past due fee report for LC portfolio to insure accuracy and timely presentation for management reporting

Management and Reporting

Key Internal contacts

Control & Reconciliation team

Various IT supports

International Trade and Transaction Banking (ITB) Front and Middle Offices

Compliance

Finance

Key External contacts

Clients, as required
- Poste avec management
- Non
- Niveau d'étude minimum
- Bac + 3 / L3
- Formation / Spécialisation
- Minimum of 5 years commercial and standby letters of credit experience
- Niveau d'expérience minimum
- 6 - 10 ans
- Compétences recherchées
- Team player Good presentation skills Good writing skills Good time management skills Good and constructive interaction with clients and colleagues
Knowledge of UCP 600/ISP 98/URDG 758 Examination of all relevant trade finance documents Knowledge of all regulatory guidelines i.e. sanctions, OFAC compliance, anti-boycott and others Knowledge of SWIFT Word/Excel proficiency Capacity to develop others Capacity to delegate Capacity to cooperate / work across discipline Capacity to take on board the strategy of Credit Agricole CIB and participate in actions to deliver
CDCS Certification Knowledge of ACBS Knowledge of Trade Innovations
- Outils informatiques
- TI Plus
- **Entreprise Crédit Agricole CIB**:



  • Montréal, Canada Crédit Agricole CIB Full time

    Job description **Business type**: Types of Jobs - Operations **Job title**: DGO Letter of Credit Technician **Contract type**: Permanent Contract **Management position**: No **Job summary**: - Summary The Letter of Credit Specialist is responsible for maintaining and processing the Bank’s letters of credit portfolio, specifically the issuance,...


  • Montréal, Canada UAP Inc. Full time

    **Company Description** You are good with numbers and looking to join a team with a variety of interests and hobbies?** At UAP, we believe we don’t just deliver car and heavy vehicle parts all around the country; we also help keep Canadians moving **forward**. To do so, we have a team of finance experts to make sure everything balances. Join a special...


  • Montréal, Canada UAP Inc. Full time

    Company Description **Be part of a community of authentic, proud and trusted people** At UAP, we believe we don’t just deliver car and heavy vehicle parts all around the country; we also help keep Canadians **moving forward**. This makes for a special kind of workplace. We have the experience and strength of our 100-year legacy and the desire to always do...


  • Montréal, Canada Royal Bank of Canada Full time

    **Job Summary** **What is the opportunity?** As Manager, Credit Structures, you will be a credit professional providing innovative credit solutions, professional value-added advice, and credit expertise to Private Banking clients. You will be responsible for Private Banking client credit relationships and focused on winning as One RBC by introducing...


  • Montréal, Canada Global Payments Canada Full time

    **Summary of This Role** Routinely monitors existing merchant accounts and relationships for potential risk exposure to the company and assists management in mitigating losses. Effectively interacts with merchants, sales representatives, Senior Credit Review Analysts and Management to achieve timely review of accounts, in mitigating loss and in protecting...


  • Montréal, Canada Global Payments Full time

    Every day, Global Payments makes it possible for millions of people to move money between buyers and sellers using our payments solutions for credit, debit, prepaid and merchant services. Our worldwide team helps over 3 million companies, more than 1,300 financial institutions and over 600 million cardholders grow with confidence and achieve amazing results....


  • Montréal, Canada National Bank of Canada Full time

    Come showcase your leadership and skills by being one of the seasoned leaders driven by innovation. Our structure and management style offer a high degree of autonomy and accountability in a dynamic work environment. We also offer the opportunity to grow within a strong, national company. Being an IT/Ops Manager at National Bank means working with an...


  • Montréal, Canada Business Development Bank of Canada Full time

    We are banking at another level. Choosing BDC as your employer means working in a healthy, inclusive, and skilled workplace that puts forward the best conditions to bring together unique teams where employees are empowered to act. It also means being at the centre of ambitious economic and financial projects to see further and to do things differently, to...


  • Montréal, QC, Canada Royal Bank of Canada Full time

    **Job Summary** **What is the opportunity?** You will support Relationship Managers (RM) in credit renewal and adjudication of files


  • Montréal, QC, Canada National Bank of Canada Full time

    A career as Associate Director in the Private Investments (Credit) group within Global Funding & Treasury - Financial Markets at National Bank means that you will be actively participating in the investment process for private credit investment opportunities (which include deal analysis, investment due diligence, portfolio monitoring, and proactive research...


  • Montréal, Canada Vault Credit Corporation Full time

    Who we are: Vault is a non-bank owned private lending company offering a wide array of financial services such as mortgages, business loans, equipment leasing as well as many other lending products. Vault has a devoted team of experts with years of experience in both financial services and real estate. We deliver products and services that meet our...


  • Montréal, Canada Vault Credit Corporation Full time

    **Who we are**: Vault is a non-bank owned private lending company offering a wide array of financial services such as mortgages, business loans, equipment leasing as well as many other lending products. Vault has a devoted team of experts with years of experience in both financial services and real estate. We deliver products and services that meet our...

  • Billing Technician

    6 months ago


    Montréal, Canada Joseph Ribkoff Full time

    Joseph Ribkoff designs classic and contemporary garments for fashion-forward women with a youthful state of mind. Each one of our carefully tailored pieces offers the effortless fashion, fit, and quality that we’ve been synonymous with. Over the years, the brand has blossomed into a touchstone for timeless, youthful style. Driven by a passion that has...

  • Accounting Technician

    7 months ago


    Montréal, Canada BellatRx Full time

    **Accounting Technician** **_Looking for your next challenge? _** **_Are you meticulous and detailed oriented? Self-driven and a Self-motivated _** **_multitasker? _** If this sounds like you, then we would like to talk to you about an opportunity to join the accounting team of BellatRx as an **Accounting Technician**. BellatRx is a mid-market,...


  • Montréal, Canada National Bank of Canada Full time

    As a Trade Finance Advisor in the Guarantee and Standby Letter of Credit (LC) Department of Trade Finance Expertise Desk at National Bank, you’ll be a specialist in providing guidance and expertise as well as drafting texts of various types of guarantees e.g.: Bids, performance, advance payment, financial etc. With your coaching skills, your experience in...

  • Accounting Technician

    6 months ago


    Montréal, Canada Like Minded Labs Full time

    **ACCOUNTING TECHNICIAN** **Like Minded Labs** Like Minded Labs(LML) is the tech arm of Like Minded Media Ventures group founded in 2018 by Like Minded Entertainment inc. LML is squarely in a mix of opportunities, from designing innovative video tech for films, concerts and sports, to building custom content management systems across all genres and...


  • Montréal, QC, Canada PSP Investments Full time

    ABOUT US We’re one of Canada’s largest pension investment managers, with CAD$264.9 billion of net assets as at March 31, 2024. We invest funds for the pension plans of the federal public service, the Canadian Forces, the Royal Canadian Mounted Police and the Reserve Force. Headquartered in Ottawa, PSP Investments has its principal business office in...

  • Accounting Technician

    6 months ago


    Montréal, Canada Aux Vivres Full time

    **Accounting Technician main duties and responsibilities** - Prepare company's invoices and send to clients. - Prepare company’s invoice to our restaurants and send all invoice and statement of account to clients. - Provide documents to clients’ request. - Contact clients for overdue invoices. - Deposit cheques from clients on online banking. - Perform...

  • Accounting Technician

    3 weeks ago


    Montréal, Quebec, Québec, Canada Fed Finance Canada Full time

    Hello, I'm Clemence, Recruitment Advisor at Fed Finance, a recruitment firm specializing in finance and accounting. I specialize in assisting SMEs and groups, and work on two types of recruitment: temporary and permanent in the Greater Montreal area.I'm looking for an Accounting Technician for a real estate company based in Montreal, which is...

  • Accounting Technician

    6 months ago


    Montréal, Canada Viscofan Canada Full time

    **Viscofan Canada Inc. - Job Description** The Accounting Technician is responsible for areas relating to Accounts Payable, Receivables, Reconciliations, general accounting and office duties as required. This position will be responsible for developing and maintaining accounting and office spreadsheets as well as performing a wide variety of accounting...