Stanby Letter of Credit Specialist

ensuring compliance with international regulations (UCP, ISP98, U.S. Regulatory matters).

• Review, prepare, and process SBLCs and Commercial LCs received from the Front Office or directly from clients, validating letter of credit applications and terms for regulatory compliance.

• Process transactions via mail, email, and SWIFT, ensuring accurate and timely entry and updates in the Trade Finance system.

• Maintain thorough documentation by registering all transactions and supporting documents in the online document storage system, including the management of evergreen renewal terms and monitoring pending beneficiary consents .

• Track and control notification dates for evergreen clauses, ensuring timely requests and responses for beneficiary consents.

• Develop and maintain a working knowledge of international banking rules and regulations, including UCP, ISP98, U.S. regulatory standards, and the Bank's internal Code of Conduct.

• Participate in annual compliance training and diligently review all compliance-related materials provided by the Americas Compliance Division.

• Conduct comprehensive analysis and validation of LC terms to identify and mitigate operational risks, enhancing overall efficiency and compliance.

• Ensure all records and supporting documentation meet auditing and reporting requirements, maintaining a high standard of accuracy.

• Act as the designated point of contact for reporting potentially prohibited transactions (including those related to OFAC regulations) by performing due diligence checks in line with AML and Sanctions screening procedures.

Preferred Qualifications, Skills, and Capabilities

• Bachelor's degree or equivalent experience required .

• Minimum of 3 years of direct experience in Trade Finance Operations, with a focus on Standby Letters of Credit.

• Comprehensive knowledge and practical experience with all types of Documentary Credits and Standby Letters of Credit; in-depth familiarity with I.C.C. rules (UCP600, ISP98, and related publications) is essential.

• Certificate in International Trade & Finance (CITF) and/or Certificate for Documentary Credit Specialist (CDCS) is highly desirable.

• Proven expertise in international trade, trade finance, and documentary credit management.

• Exceptional communication, collaboration, and organizational skills, with the ability to work effectively across departments and with external stakeholders.

• Ability to manage complex processes while maintaining an unwavering commitment to accuracy, compliance, and confidentiality.

Join us to leverage your expertise and play a critical role in supporting global trade operations with precision, compliance, and professionalism.

The expected base salary ranges from $50,000 - $95,000. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licenses obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.

Other requirements

Mizuho has in place a hybrid working program, with varying opportunities for remote work depending on the nature of the role, needs of your department, as well as local laws and regulatory obligations. Roles in some of our departments have greater in-office requirements that will be communicated to you as part of the recruitment process

Company Overview

Mizuho Financial Group, Inc. is the 15th largest bank in the world as measured by total assets of ~$2 trillion. Mizuho's 60,000 employees worldwide offer comprehensive financial services to clients in 35 countries and 800 offices throughout the Americas, EMEA and Asia. Mizuho Americas is a leading provider of corporate and investment banking services to clients in the US, Canada, and Latin America. Through its acquisition of Greenhill, Mizuho provides M&A, restructuring and private capital advisory capabilities across Americas, Europe and Asia. Mizuho Americas employs approximately 3,500 professionals, and its capabilities span corporate and investment banking, capital markets, equity and fixed income sales & trading, derivatives, FX, custody and research. Visit https://www.mizuhoamericas.com .

Mizuho Americas offers a competitive total rewards package.

We are an EEO/AA Employer - M/F/Disability/Veteran.

We participate in the E-Verify program.

We maintain a drug-free workplace and reserve the right to require pre- and post-hire drug testing as permitted by applicable law.

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