Archived listing. The details below describe a past opening.
We are looking for a detail-oriented Credit Analyst to support Letter of Credit activities for a private banking environment in Columbus, Ohio. This is a Long-term Contract position requiring regular, on-site participation during standard business hours, with additional time as needed to meet business demands. The role focuses on managing documentation, controls, and cross-functional coordination to ensure transactions are handled accurately, efficiently, and in line with regulatory and internal policy expectations.
Responsibilities:
- Manage the end-to-end handling of standby letters of credit, including issuance, revisions, renewals, transfers, cancellations, drawings, and fee-related activities.
- Examine client-submitted forms and supporting materials to confirm completeness, accuracy, and alignment with policy, approval terms, and trade finance requirements.
- Verify collateral details, credit conditions, and facility approvals before transactions are released for processing.
- Work closely with relationship managers, credit partners, legal, compliance, operations, and trade finance teams to move requests forward within expected timelines.
- Apply internal risk standards and applicable trade regulations to each transaction while maintaining strong operational discipline and control adherence.
- Track work queues and service metrics to help ensure timely completion of requests without compromising quality.
- Research and resolve documentation issues, operational breaks, and client-facing questions by coordinating with the appropriate internal stakeholders.
- Maintain precise records across processing platforms and preserve complete documentation to support audit readiness and traceability.
- Assist with periodic reviews by monitoring expirations, renewals, collateral sufficiency, and outstanding documentation items.
- Contribute to process enhancements, standardization efforts, automation opportunities, and audit or regulatory review activities as needed.
- Experience in credit, banking operations, trade finance, or a related financial services function is preferred.
- Strong ability to review documentation carefully and identify inconsistencies, missing information, or compliance concerns.
- Working knowledge of regulatory, risk, and control expectations within a financial services environment.
- Proficiency with Microsoft Excel, Word, and PowerPoint for tracking, analysis, and reporting.
- Ability to manage multiple priorities effectively while meeting deadlines in a fast-paced, high-volume setting.
- Strong written and verbal communication skills with the ability to collaborate across several internal teams.
- Degree preferred; entry-level candidates with relevant internship, academic, or financial services exposure may also be considered.
- Availability to work on site in Westerville, Ohio during standard business hours, with overtime when business needs require.