Home
/
Comprehensive
/
Letters of Credit Specialist I
Letters of Credit Specialist I-April 2024
Detroit
Apr 2, 2026
About Letters of Credit Specialist I

  Lending and Trade Services Operations SpecialistThe Operations Specialist role will be responsible for supporting all functional and workflow activities in the creation and review of our Letters of Credit and Documentary Collection files. These include but not limited to Standby Letters of Credit, Commercial letters of credit for Import and Export, Documentary and Direct Send Collections and Bankers' Acceptances. This role will collaborate with various internal and external partners to respond to inquiries and resolution of documentation exceptions. LTS support the global and commercial lending product offerings within all designated commercial, retail, and wealth business lines.

  Please Note: This is a hybrid position; 3 days/week onsite per manager discretion.

  Position CompetenciesSuccessful incumbents must possess strong communication, interpersonal, time management, critical thinking and problem-solving skills. The candidate must have proven ability to work independently, customer focus, political savvy, drive for result and effectively deal with ambiguity and decision quality.Position Responsibilities:Execute and drive operational excellence - Perform services activities to achieve established operation, executive and client target metrics that include:Monitor, create, assign, and distribute work and requests received.Conduct comprehensive analysis of Documentary Collection, Export, Import and Standby Letter of Credit transactions.Validate data on Letter of Credit application, agreements and credit approval documentation for completeness and adherence to banking policies/regulations.Perform Customer Onboarding Activities Perform all required document safekeeping, mailing and imaging activities.Develop and update policies and procedures related to support responsibilities.Enhance the ExperienceMaintain and continually improve business partner service and customer experience satisfaction for services delivered.Answer clearly and concisely all email and phone inquiries within established service levels.Handle and resolve complex customer inquiries and/or processing issues.Meet with business partners when assistance is requested.Identify areas of improvement or objective for enhancing customer experience.Risk ManagementEnsure compliance with all respective regulatory requirements and guidelines.Ensure all activities are completed according to established policy and procedures.Ensure adherence to all customer authentication and release of sensitive informationpolicies and procedures in hybrid/remote working environment.

  Position Qualifications:Associate's Degree, Business Administration, or 4 Years of experience in Financial Services or Commercial Lending or International Finance or Letters of Credit or International Trade4 years of experience in utilizing Microsoft Office products3 years of experience with Commercial Lending knowledge including lending documentation3 years of experience in commercial lending systems3 years of experience in customer service and resolution handling3 years of experience in identifying, evaluating, and determining risks and consequences for decision making (with consultation as necessary)

  Comerica Bank Center (CBC)9:00am - 6:00pm Monday - Friday (This position offers a hybrid work model that includes onsite and remote days as determined by the manager.)

  Comerica is proud to be an Equal Opportunity Employer - veterans/individuals with disabilities, committed to workplace diversity.

Comments
Welcome to zdrecruit comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
SIMILAR JOBS
Sr. Manager, Revenue Recognition - Hybrid
Senior Manager, Revenue Recognition: I n the role of Senior Manager, Revenue Recognition, you will be reporting to the Sr. Director of Revenue Operations and will be a subject matter expert assisting
Reporter/MMJ
Are you looking for a good opportunity to grow as a storyteller, reporter and anchor? Do you want to cover stories important to your community? Join the team at WTWO for more experience, more camarad
System Engineer - Mobile SaaS Federal Operations
Job Description Are you a creative person who loves a challenge? Solve the complex puzzles you’ve been dreaming of as our Engineer. If you have a passion for innovation in tech, we want you on our te
Registered Nurse RN - Behavioral Health
Details Department: Behavioral Health Schedule: PRN Hospital: Ascension St. Vinvent's East - Trussville Location: Birmingham, AL Benefits Paid time off (PTO) Various health insurance options & we
Nestle Tollhouse Production Operator
Foods people love. Brands people trust. And a career that nourishes your future like no other. If you're driven by the passion to do something meaningful that changes lives, Nestlé is the place for y
Channel Sales Engineer
OVERVIEW: Are you a jack-of-all-trades problem solver who is driven to make customers happy and is excited to join a rapidly growing startup? Kixie is offering an incredible opportunity to join a sma
Female Spa Locker Room Attendant
Location Barton Creek Resort & Spa Barton Creek Resort & Spa's success is due to its dedicated, intelligent and self-motivated family of associates who work together to maintain the company's
Mobile Service Technician
The Mobile Service Technician is responsible for maintaining the fleet for clients and to handle service calls at client locations. Provide service to our customers while maintaining exceptional cust
Armed Security Officer
Job Description Metro One is the nation’s premier Loss Prevention and Security Organization, with more than 100 National Clients and 3,000 security personnel. Our employees are largely security offic
Treatment Service Technician
Treatment Service Technician Great Falls, MT • Youth Services Description TREATMENT SERVICE TECHNICIAN YOUTH RESIDENTIAL SERVICES WAGE: $15.00 - $16.56 per hour Competitive Benefits Package HELPING P
Copyright 2023-2026 - www.zdrecruit.com All Rights Reserved