Letter of Credit Officer jobs in Bergenfield, NJ

LG's Mission is to be #1 by creating a better life for our customers. At LG we make products and services that make lives better, easier and happier through increased functionality and fun. Put simply, we offer the latest innovations to make “Life Good”! As a global leader, we strive for greatness not only in the products we make but in our people. That is why we are currently seeking the newest innovator to join our dynamic team as an Intern on the Credit Team located in Englewood Cliffs, NJ.

Life's Good, Reinvent Your Future

LG's 2024 Summer Internship Program will be a 9 week internship from June 3rd through August 2nd, 2024.

The internship will be based in office at the LG North America Innovation Campus in Englewood Cliffs, NJ and pay an hourly rate of $23.50.

The LG Internship Program is built on the philosophy of ensuring that each intern is given the opportunity to perform robust and meaningful work while gaining real-world experience.

The program will also include each intern working on an individual strategic project for the department and delivering a presentation at the program’s end. 

Responsibilities

• Gather and Analyze credit and/or other data to determine impact on business operations, as appropriate
• Participate in recommendations for credit limits based on availability of credit insurance, LG payment history, trade reference, third party sources and other credit tools, as applicable
• Evaluate and implement internal and external credit scoring models using both traditional and other predictive technologies
• Participate in and contribute to projects to develop recommendations for credit policy, credit/data support systems and provide revenue, cost delinquency and loss forecasts
• Learn and understand the roles and responsibilities of Credit Team, support daily operations as a team member, participate in team meeting and prepare internal reports to management
• Learn about Trade credit Insurance, Hedging payment risk of counterparty, and Managing credit portfolio of customers
• Work with systems and tools such as GERP and BPMS

Qualifications

• Enrollment in a Bachelor's degree program at an accredited College/University
• Rising Junior or Senior in Bachelor's degree program
  
• Finance/Business/Economics related major is preferred
  
• Proficiency in Microsoft Office Suite (Excel, PowerPoint, Word, Teams)
• Excellent interpersonal and communication skills, both written and verbal
• Analytical and well organized

At LG, we aspire to empower people and celebrate differences because we believe diversity will create the unexpected. We provide equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Consistent with our commitment to providing equal opportunity and embracing diversity, LG has implemented affirmative action to ensure applicants are employed and employees are treated without regard to these characteristics. In addition to the above, LG believes that pay transparency is a key part of diversity, equity, and inclusion. Our salary ranges take in account many factors in making compensation decisions including but not limited to skillset, experience, licensure, certifications, internal equity, and other business needs. While we consider geographic pay differentials in final offers, because we operate in many geographies, where applicable, the salary range listed may not reflect all geographic differentials applied.

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