Letter of Credit Officer jobs in Des Moines, IA

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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Credit officer
  • Bank of America
  • Knoxville, IA FULL_TIME
  • Description

    The Commercial Credit Officer (CCO) is a highly skilled resource, providing expert level advisory guidance in the most complex, integrated debt capital solutions for commercial banking clients.

    Products include lines of credit, term loans, real estate loans, and syndicated loans. The CO manages all of the ancillary credit exposure to clients.

    The CO maintains knowledge of other Bank of America products including Investment Banking and Treasury Management that have credit exposure, and leverages product expertise to deliver the best possible and optimally integrated strategic solution for the client or prospect.

    This role reports to the Commercial Credit Manager or Executive and will be aligned to an Underwriting Team that supports the market.

    This role will specifically support activity for the Knoxville market, serving a broad ranges of clients with annual revenue ranging from $10 million to $2 billion.

    Responsibilities :

    Manages the credit process for a portfolio of clients

    Negotiates credit documentation

    Leads the credit and risk approval processes

    Mentors and supports associates

    Provides capital structure solutions

    Skills :

    Client Solutions Advisory

    Financial Analysis

    Loan Structuring

    Risk Management

    Underwriting

    Account Management

    Credit Documentation Requirements

    Credit and Risk Assessment

    Decision Making

    Issue Management

    Analytical Thinking

    Coaching

    Collaboration

    Critical Thinking

    Customer and Client Focus

    Required Qualifications :

    10 years of solid commercial banking experience

    Experience in financial analysis, structuring, underwriting and portfolio management specifically in Middle Market / Business Banking

    Analytical / technical skills, including financial accounting, modeling and loan structuring

    Strong communication skills; ability to communicate vertically, horizontally, and externally

    Negotiation and Critical Thinking skills

    Minimum Education Requirement : BS / BA Degree Desired

    Shift :

    1st shift (United States of America)

    Hours Per Week :

    Last updated : 2024-04-23

  • Just Posted

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Lead Credit Risk Officer
  • Wells Fargo
  • Des Moines, IA FULL_TIME
  • About this role: As a part of Wells Fargo's second line of defense, Independent Risk Management team covers jobs which lead the design and management of a highly targeted independent credit review (ov...
  • 14 Days Ago

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Financial Services Officer - NO WEEKENDS!
  • Affinity Credit Union
  • Des Moines, IA FULL_TIME
  • In this position, you will have the opportunity to help people with great loan solutions and account products to reach their financial goals. This position requires excellent listening skills, enthusi...
  • Just Posted

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Mortgage Loan Officer
  • Greater Iowa Credit Union
  • Ames, IA FULL_TIME
  • We are currently seeking an experienced Mortgage Loan Officer to be responsible for originating, secondary market, and closed ended residential real estate mortgages within the field of membership. Wo...
  • Just Posted

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Agribusiness Commercial Loan Officer
  • Community 1st Credit Union
  • Pella, IA FULL_TIME
  • Are you passionate about agriculture and financing? Do you thrive in a fast-paced environment where you can unleash your creativity and innovation? As a Full Time Commercial Loan Officer at Community ...
  • 1 Month Ago

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Mortgage Loan Outreach Officer
  • Iowa Community Choice Credit Union
  • Johnston, IA OTHER
  • Job Details Job Location: Johnston - Johnston, IA Position Type: Full Time Salary Range: Undisclosed DescriptionThe Mortgage Loan Outreach Officer will be responsible for reaching out to potential bor...
  • 1 Month Ago

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0 Letter of Credit Officer jobs found in Des Moines, IA area

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Postdoc Research Associate
  • Iowa State University
  • Ames, IA
  • Position Title:Postdoc Research Associate Appointment Type:Post Doc/Trainee Job Description:Summary of Duties and Respon...
  • 4/23/2024 12:00:00 AM

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Postdoctoral Researcher in Mosquito Immunity
  • Iowa State University
  • Ames, IA
  • Postdoctoral Researcher in Mosquito Immunity page is loaded Postdoctoral Researcher in Mosquito Immunity Apply locations...
  • 4/23/2024 12:00:00 AM

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Senior Tax Analyst
  • Iowa State University
  • Ames, IA
  • Position Title: Senior Tax Analyst Job Group: Professional & Scientific Required Minimum Qualifications: Bachelor's and ...
  • 4/23/2024 12:00:00 AM

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Care Attendant-FT Night
  • Cassialife
  • Des Moines, IA
  • **Cassia** **Care Attendant-FT Night** **Village Assisted Living - Des Moines, IA - Full Time** Join our fun loving team...
  • 4/22/2024 12:00:00 AM

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Career Planner
  • State of Iowa
  • Des Moines, IA
  • Salary : $47,008.00 - $69,118.40 Annually Location : Des Moines - 50315 - Polk County, IA Job Type: Full-time Job Number...
  • 4/22/2024 12:00:00 AM

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Assistant/Associate/Full Professor - Aquaculture or Fisheries Ecology and Management
  • Iowa State University
  • Ames, IA
  • Position Title:Assistant/Associate/Full Professor - Aquaculture or Fisheries Ecology and Management Appointment Type:Fac...
  • 4/22/2024 12:00:00 AM

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Women's Fraternity Live In House Director - Iowa State University
  • Alpha Gamma Delta Property Management, LLC
  • Ames, IA
  • About the FHC: The Fraternity Housing Corporation elevates the value of Alpha Gamma Delta membership through the provisi...
  • 4/22/2024 12:00:00 AM

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Member Service Representative
  • Iowa Credit
  • Des Moines, IA
  • Member Service Representative Serve CU - Des Moines 2/4/2022 This position will deliver an exceptional member experience...
  • 4/21/2024 12:00:00 AM

Des Moines (/dɪˈmɔɪn/ (listen)) is the capital and the most populous city in the U.S. state of Iowa. It is also the county seat of Polk County. A small part of the city extends into Warren County. It was incorporated on September 22, 1851, as Fort Des Moines, which was shortened to "Des Moines" in 1857. It is on and named after the Des Moines River, which likely was adapted from the early French name, Rivière des Moines, meaning "River of the Monks". The city's population was 217,521 as of the 2017 population estimate. The five-county metropolitan area is ranked 89th in terms of population in ...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Letter of Credit Officer jobs
$49,831 to $82,566
Des Moines, Iowa area prices
were up 0.8% 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