Letter of Credit Officer jobs in Columbus, OH

Letter of Credit Officer obtains necessary information to process and complete letters of credit and related financial transactions. Verifies all documentation for accuracy and completeness. Being a Letter of Credit Officer ensures all credit data is evaluated and adheres to bank policies and procedures in order to approve or deny applications. Provides support to lending officers and trade specialists. Additionally, Letter of Credit Officer may require a bachelor's degree. Typically reports to a manager or head of a unit/department. The Letter of Credit Officer gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Letter of Credit Officer typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)

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Commercial Business Development Officer
  • KEMBA Financial Credit Union
  • Columbus, OH FULL_TIME
  • Title: Commercial Business Development Officer III

    Reports to: Business Services and SBA Lending Manager

    Supervises: None

    Status: Exempt

    Objective

    Commercial Business Development Officer is responsible for actively developing business contacts within the community and providing business banking solutions with loan, deposit, and ancillary products to meet or exceed budgeted goals. Responsible for receiving, reviewing, evaluating, and pre-qualifying business loan requests. Meets with and manages member and potential member needs through a holistic relationship management approach, which includes understanding their business and personal needs as well. Meets with members to explain KEMBA’s products and services and to present them as possible solutions. Collects loan information and documentation. Serves members and prospective members promptly and professionally. Provides general Credit Union information and cross- sells services. Assists internal and external Business Services personnel as needed.

    Duties and Responsibilities

    • Assumes responsibility for the effective and professional completion of assigned business loan functions:
      • Interviews, takes applications, and processes preliminary documentation on business loan requests. Discusses loan alternatives, credit criteria, interest rates and loan documentation in such a manner as to elicit positive responses from members
      • Analyzes and evaluates loan requests and prepares written submission for consideration by the Business Loan Committee or underwriter. Identifies problems or potential problems with credit information and coordinates with the necessary party to resolve the problems
      • Assists in review of construction loan advances on commercial properties, as needed.
      • Conducts property inspections as assigned as well as annual site visits
      • Follows-up and collects updated documents needed to renew matured loans
      • Assists in the collection of delinquent accounts as required
      • Completes lending functions in accordance with established Credit Union policies and legal requirements
      • Works with businesses to establish and grow deposit relationships
      • Offers business credit cards and merchant card services to all eligible business members.
      • Works within a Market Area Team toward meeting multiple-product goals including business and personal products.
    • Assumes responsibility for establishing and maintaining effective and professional business relations with members and trade professionals:
      • Answers questions and resolves requests
      • Keeps borrowers informed of Credit Union loan policies and services
      • Meets with applicants whose loans are denied and explains reasons and alternatives, as needed
      • Maintains and projects the Credit Union’s professional reputation
      • Cultivates Credit Union presence in the community by regularly representing Credit Union at business group meetings, Chambers of Commerce, networking groups, etc. in the Credit Union’s major markets
    • Assumes responsibility for establishing and maintaining effective communication, coordination and working relations with Credit Union personnel and with management:
      • Coordinates functions with related departments and branches and provides support as needed
      • Assists Business Development personnel and provides support with Select Employee Groups (SEGs) as needed
      • Keeps management informed of area activities and of any significant problems.
      • Attends and participates in meetings and committees as required
      • Completes required reports and records
    • Assumes responsibility for related duties as required or assigned:
      • Cross-sells Credit Union services
      • Stays informed regarding changes in lending standards and related legal requirements
      • Completes special projects as assigned
    • Assists in development of new products/services
    • Assists in development of new and less experience Commercial Business Officers
    • Assists in other areas as directed by Credit Union management
    • Develops an understanding of Credit Union history, philosophy, organization, policies, and operational procedures
    • On a self-directed basis, continues to improve individual level of competency through training and certification on established educational programs

    Required Qualifications

    • Undergraduate degree in Business or a related field, or equivalent combination of training and work experience
    • Understanding of financial analysis and determination of credit worthiness
    • Business banking or commercial lending experience
    • Excellent communication and public relations skills
    • Strong analytical abilities

    Physical Demands

    The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

    While performing the duties of the job, the employee is regularly required to sit; use hands to manipulate, handle, or feel and talk or hear. The employee is frequently required to reach with hands and arms. The employee is occasionally required to stand and walk. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision and ability to adjust focus.

  • 7 Days Ago

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Credit Risk Officer - SBA Lending
  • Northwest Bank
  • Columbus, OH FULL_TIME
  • DescriptionJob Summary The Credit Risk Officer is responsible for reviewing and approving SBA loans and modifications up to a designated limit and for assigned credit products in order to maintain the...
  • 3 Days Ago

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Credit Risk Officer - SBA Lending
  • Northwest Opportunities
  • Columbus, OH FULL_TIME
  • Job Summary The Credit Risk Officer is responsible for reviewing and approving SBA credit requests and actions up to a designated limit and for assigned credit products in order to maintain the desire...
  • 8 Days Ago

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Risk Management - Lead Credit Officer - Vice President
  • JPMC Candidate Experience page
  • Columbus, OH FULL_TIME
  • As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emergi...
  • 1 Month Ago

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Credit Union Branch Manager
  • CES Credit Union
  • Delaware, OH FULL_TIME
  • Credit Union Service Manager Are you passionate about leading and motivating a team to provide exceptional financial services? We're seeking a full-time Credit Union Service Manager to join our friend...
  • 18 Days Ago

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Supervisory Credit Union Examiner
  • US National Credit Union Administration
  • Columbus, OH FULL_TIME
  • Duties RELOCATION STATEMENT: Relocation expenses may be authorized for current promotion eligible NCUA employees relocating to Cincinnati, OH; Cleveland, OH; or Columbus, OH, in accordance with agency...
  • 1 Month Ago

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0 Letter of Credit Officer jobs found in Columbus, OH area

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Customer Experience Associate - Bilingual-Spanish Columbus, OH
  • Upstart Network, Inc.
  • Columbus, OH
  • **Customer Experience Associate - Bilingual-Spanish** at Upstart Columbus, OH By leveraging Upstart's AI platform, Upsta...
  • 3/19/2024 12:00:00 AM

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Manager, Dealer Success
  • Upstart Network, Inc.
  • Columbus, OH
  • **Manager, Dealer Success** at Upstart Remote By leveraging Upstart's AI platform, Upstart-powered banks and credit unio...
  • 3/19/2024 12:00:00 AM

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Manager of Customer Support
  • Upstart Network, Inc.
  • Columbus, OH
  • **Manager of Customer Support** at Upstart Remote By leveraging Upstart's AI platform, Upstart-powered banks and credit ...
  • 3/18/2024 12:00:00 AM

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Senior Technical Product Manager, Auto Retail Remote | Columbus, OH
  • Upstart Network, Inc.
  • Columbus, OH
  • **Senior Technical Product Manager, Auto Retail** at Upstart Remote | Columbus, OH By leveraging Upstart's AI platform, ...
  • 3/18/2024 12:00:00 AM

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Cashier
  • Byers Auto Group
  • Columbus, OH
  • **Cashier** At Byers Automotive, we strive to make every customer a customer for life. As a family owned and operated bu...
  • 3/17/2024 12:00:00 AM

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Associate Operations Manager (Customer Experience team) Columbus, OH
  • Upstart Network, Inc.
  • Columbus, OH
  • **Associate Operations Manager (Customer Experience team)** at Upstart Columbus, OH By leveraging Upstart's AI platform,...
  • 3/17/2024 12:00:00 AM

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Senior Product Manager, Auto Retail Remote | Columbus, OH
  • Upstart Network, Inc.
  • Columbus, OH
  • **Senior Product Manager, Auto Retail** at Upstart Remote | Columbus, OH By leveraging Upstart's AI platform, Upstart-po...
  • 3/16/2024 12:00:00 AM

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Business Analyst, Auto Retail
  • Upstart Network, Inc.
  • Columbus, OH
  • **Business Analyst, Auto Retail** at Upstart Remote By leveraging Upstart's AI platform, Upstart-powered banks and credi...
  • 3/16/2024 12:00:00 AM

The confluence of the Scioto and Olentangy rivers occurs just north-west of Downtown Columbus. Several smaller tributaries course through the Columbus metropolitan area, including Alum Creek, Big Walnut Creek, and Darby Creek. Columbus is considered to have relatively flat topography thanks to a large glacier that covered most of Ohio during the Wisconsin Ice Age. However, there are sizable differences in elevation through the area, with the high point of Franklin County being 1,132 ft (345 m) above sea level near New Albany, and the low point being 670 ft (200 m) where the Scioto River leaves...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Letter of Credit Officer jobs
$50,337 to $83,398
Columbus, Ohio area prices
were up 1.3% from a year ago

Letter of Credit Officer in Great Falls, MT
Verifies and approves air releases and steamship guarantees for Letters of Credit.
December 22, 2019
Letter of Credit Officer in Pittsfield, MA
There are plenty of opportunities to land a Credit Officer position but it won’t just be handed to you.
February 23, 2020
Letter of Credit Officer in Lawrence, MA
This is clearly a very important part of trade and where international trade is taking place, a Letter of Credit Officer is often critical to the trading process.
January 01, 2020