Letter of Credit Officer jobs in Nassau, NY

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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Chief Financial Officer (CFO)
  • Sunmark Credit Union
  • Latham, NY FULL_TIME
  • At Sunmark Credit Union, we strive to build brighter financial futures and communities. With our "Good Vibes" culture, we build relationships with our members and look for solutions for all their financial needs. 

    As a member of the Executive Leadership Team, the Chief Financial Officer (CFO) will provide leadership, strategic vision and business management to drive overall outcomes to achieve growth and success of the credit union. 

    This position will work onsite at our Latham, NY office. Starting compensation will range between $225-275k based on experience.

    The primary focus will be to oversee all operations of the credit union as assigned by the CEO.   Responsible for the maintenance, updates, and analysis of the Asset Liability model.  Prepares all required Asset Liability and other financial reports, leads the financial discussion at the Asset Liability Committee (ALCO) meetings and makes recommendations to the Committee.  Keeps all model assumptions current and documented. Responsible for the annual budgeting process.  Works with department heads to provide direction and coordination as well as monthly budget review.  Regularly creates and submits reports on:  Allowance for Loan Loss adequacy, cash flow status, ALM reports, and monthly board reports. Performs research, and makes recommendations for Credit Union Investment portfolio purchases, sales, and swaps.  Reviews and develops strategic plans in relationship to the overall goals of the credit union. Maintains an active role within the communities that Sunmark represents, attending important community events.  Responsible and/or delegates the credit union’s investment portfolio and cash flow functions. Works with all credit union vendors in obtaining valued services at a reasonable price. Works closely and takes the lead when communicating with the internal, independent and NCUA examiners relating to all areas within the accounting/finance department.  Responsible for clearing related audit findings and exceptions and providing updated reports to the President/CEO.

    Seeking candidates with a college degree BA/MBA with an Accounting/Finance focus and a minimum of 8 years’ experience in financial management, having knowledge of Asset Liability Management and permissible investments. Proven ability to manage a team, strong written/verbal communication skills and computer proficiency within MS Office especially within Excel. Aptitude for working at a highly confidential level and meet deadlines.

    Sunmark Credit Union is an equal opportunity employer and considers all applicants for employment without regard to race, color, creed, religion, sex (including pregnancy, childbirth or related medical conditions), sexual orientation, gender identity or expression, age, national origin, marital status, citizenship, physical and mental disability, criminal record, genetic information, predisposition or carrier status, status with respect to receiving public assistance, domestic violence victim status, a disabled, special, recently separated, active duty wartime, campaign badge, Armed Forces service medal veteran, or any other characteristics protected under applicable law.     

    About the Company:
    Sunmark Credit Union



    Industry:
    Banking


  • 18 Days Ago

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Credit and Collections Representative
  • W.B. Mason Company, Inc
  • Albany, NY FULL_TIME
  • Overview An interesting and challenging opportunity awaits you. W.B. Mason is a company rich with history and for over 100 years has been driven to satisfy the customer. We are the largest independent...
  • 18 Days Ago

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Commercial Credit Analyst
  • Pioneer Savings Bank
  • Albany, NY FULL_TIME
  • TITLE: Commercial Credit Analyst LOCATION: Headquarters REPORTS TO: Commercial Credit Officer CLASSIFICATION: Full Time, Exempt PAY GRADE: EX 55 ($58,459 - $85,000 annually) AVAILABILITY: Monday-Frida...
  • 1 Day Ago

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Credit Risk Analyst
  • New York ISO
  • Rensselaer, NY FULL_TIME
  • The NYISO’s Finance department invites applications for a full-time Credit Risk Analyst. The Credit Risk Analyst will assess and review credit portfolios of NYISO Market Participants and assist in con...
  • 1 Day Ago

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Commercial Credit Underwriter 2
  • Community Bank System, Inc.
  • Albany, NY FULL_TIME
  • OverviewAt Community Bank System, Inc. (CBSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Ban...
  • 1 Month Ago

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Risk Generalist
  • Sunmark Credit Union
  • Latham, NY FULL_TIME
  • People Helping People, that is what Sunmark Credit Union is all about!Why join the Sunmark Squad? Sunmark is a local credit union making a big difference in our community. For 85 years, we strive to b...
  • 16 Days Ago

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0 Letter of Credit Officer jobs found in Nassau, NY area

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Senior Manager, Information Security Office (ISO) Consultant
  • Capital One
  • Albany, NY
  • Center 3 (19075), United States of America, McLean, Virginia Senior Manager, Information Security Office (ISO) Consultan...
  • 4/25/2024 12:00:00 AM

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Senior Accountant, Accountant Trainee 1 (NY HELPS), (Six Positions), Box RSU Senior Accountants
  • StateJobsNY
  • Albany, NY
  • MINIMUM QUALIFICATIONS: NY HELPS This title is part of the New York Hiring for Emergency Limited Placement Statewide Pro...
  • 4/24/2024 12:00:00 AM

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Real Property Analyst 1 (NY HELPS)
  • StateJobsNY
  • Latham, NY
  • This title is part of the New York Hiring for Emergency Limited Placement Statewide Program (NY HELPS). For the duration...
  • 4/22/2024 12:00:00 AM

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Senior Accountant/Senior Accountant Trainee 1/2 (NY HELPS)
  • StateJobsNY
  • Rensselaer, NY
  • Transfer: One year of permanent competitive or 55b/c service in this title or in a title eligible for 70.1 transfer. Ope...
  • 4/21/2024 12:00:00 AM

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Accountant Trainee 1 or Senior Accountant (NY HELPS)
  • StateJobsNY
  • Albany, NY
  • This title is part of the New York Hiring for Emergency Limited Placement Statewide Program (NY HELPS). For the duration...
  • 4/21/2024 12:00:00 AM

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Economic Development Program Specialist 2 (NY HELPS)
  • StateJobsNY
  • Albany, NY
  • MINIMUM QUALIFICATIONS: This title is part of the New York Hiring for Emergency Limited Placement Statewide Program (NY ...
  • 4/21/2024 12:00:00 AM

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Auditor 1/Auditor Trainee 1/Auditor Trainee 2 (NY HELPS)
  • StateJobsNY
  • Albany, NY
  • This title is part of the New York Hiring for Emergency Limited Placement Statewide Program (NY HELPS). For the duration...
  • 4/21/2024 12:00:00 AM

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Commercial Closing Attorney
  • Sunmark Credit Union
  • Latham, NY
  • Job Description Job Description People Helping People, that is what Sunmark Credit Union is all about! We are looking fo...
  • 4/21/2024 12:00:00 AM

Nassau, the name of several places in New York State, may refer to: Nassau (village), New York Nassau (town), New York Nassau County, New York Nassau Island, former name of Long Island...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Letter of Credit Officer jobs
$56,356 to $93,376
Nassau, New York area prices
were up 1.5% 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