Trade Finance Specialist

Regions Bank • Birmingham, AL

9h

About The Position

At Regions, the Trade Finance Specialist will process standby letters of credit, commercial letters of credit, documentary collections, shared national credits, participations, funds, and pay off loans to clients under EX-IM bank working capital guarantee and other insured loan products according to industry standards and publications that governs said products.

Requirements

• High School Diploma or GED
• Three (3) years of banking experience
• Ability to work under pressure
• Detail oriented with strong emphasis on producing an accurate and professional product
• Proficient in Microsoft Office (Excel, Word, PowerPoint, Etc)
• Strong verbal, written, and organizational skills
• This position requires the tracking of time and is eligible for overtime under the non-exempt FLSA classification for hours worked in excess of 40 per week.

Nice To Haves

• Bachelor's degree

Responsibilities

• Ensures client needs are met and/or exceeded within established service level agreement
• Issues, amends, and pays standby letters of credit, commercial letters of credit, and documentary collections according to industry standards
• Processes loan requests and monitors borrowing bases under working capital guarantees and EX-IM bank policies within defined coverages
• Process any credits returned for cancellation
• Ensures policies regarding regulatory, credit, and operational risk mitigation is adhered to

Benefits

• Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates.
• Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.
• Paid Vacation/Sick Time
• 401K with Company Match
• Medical, Dental and Vision Benefits
• Disability Benefits
• Health Savings Account
• Flexible Spending Account
• Life Insurance
• Parental Leave
• Employee Assistance Program
• Associate Volunteer Program
• Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED