Letter of Credit Officer jobs in Youngstown, 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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Credit Analyst
  • Credit Analyst
  • Canfield, OH FULL_TIME
  • To use all information in creating a clear picture of the customer’s financial position. This is vital to the Lenders; it allows them to make well informed decisions before entering into a lending relationship with the customer.

    ESSENTIAL DUTIES and RESPONSIBILITIES include, but are not limited to the following:

    • Compose analysis based on historic, projected, and stressed financial information. This analysis will clearly illustrate the customer’s ability to re-pay the requested amount, and is accomplished by creating cash flow statements for each participant and writing an analysis of their performance over the past three (3) years.
    • Project the customer’s performance for the next year by using customer prepared projections, analyst prepared projections, or a combination thereof.
    • Effectively communicate with the lenders to clearly understand all factors contributing to the loan request.
    • Generate questions to the lender for the purpose of completing the credit presentation, accuracy of cash flow, and to resolve any other discrepancies in the underwriting.
    • Translate and interpret financial data from tax returns, compilations, reviews, and audited statements; personal statements; and other financial statements to create spreads utilizing WebEquity software.
    • Access Kroll Factual Data to obtain and analyze Tri-Merge Credit Bureau reports on individual participants in the request
    • Utilize web sources, such as the Ohio Secretary of State or the Mahoning County Auditor to retrieve other necessary information
    • Access Fiserv/Viewpoint to research the customer’s complete deposit and loan relationship with the Bank
    • Recognize the level of analysis that is appropriate for the request
    • Retrieve industry information through First Research and demographic information through SNL financial via the Internet.
    • Perform reviews for Special Assets’ commercial relationships
    • Establish/organize all loan information in credit file
    • Attend meetings with lenders and clients as needed
    • Accurately risk grade borrowers, co-borrowers, and guarantors
    • Ensure proper aggregate exposure and coding of credit facilities, both new and existing
    • Review appraisals and environmental reports to ensure accurate collateral analysis
    • Understand various business entities structures and required documents needed for verification
    • Understand and apply credit policies and procedures
    • Attend and participate in weekly staff meetings and training
    • Special projects assigned by Commercial Credit Manager as needed
    • Complete all mandatory and elective training, including BSA (Bank Secrecy Act) and Anti-Money Laundering procedures. Maintain compliance with all appropriate rules and regulations
    • Regular, predictable attendance is an essential requirement of this position

    EDUCATION and/or EXPERIENCE:

    • Bachelor’s degree (BA) in Accounting or Finance from four (4) year college or university
    • Minimum of one (1) year commercial credit analyst experience
    • Strong background in working with financial statement and advanced understanding of the information available on financial statement and how they related to the customer’s business operations and ability to repay loan.
    • Knowledge of Word, Excel, and Outlook and Internet navigation/research is expected
    • Ability to clearly and effectively communicate both verbally and in writing

    Farmers National Banc Corp. is an Equal Opportunity Employer: disability/veteran

    Education

    Required
    • Bachelors or better in Finance or related field

    Skills

    Required
    • Microsoft Excel
    • Credit Analysis
    Preferred
    • Risk Management
    • Commercial Lending

    Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

    The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

  • 9 Days Ago

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Member Services Representative - Struthers CU, a Division of Bridge Credit Union
  • Bridge Credit Union
  • Struthers, OH PART_TIME
  • Here at Bridge Credit Union, we strive to serve our communities with excellence at every opportunity by expanding our borders and creating new and improved ways to serve. Without our dedicated staff, ...
  • 13 Days Ago

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Credit Analyst
  • Farmers National Bank of Canfield
  • Canfield, OH FULL_TIME
  • DescriptionTo use all information in creating a clear picture of the customer's financial position. This is vital to the Lenders; it allows them to make well informed decisions before entering into a ...
  • Just Posted

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Credit Operations Specialist
  • PPG Industries, Inc
  • Cranberry, PA FULL_TIME
  • TheCredit Operations Specialistmanages the Credit Back Office (CBO) teams for our internal credit team members and our 3rd party vendor for CBO and collections and management of a zone within the Arch...
  • 19 Days Ago

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Credit Back Office Specialist
  • PPG Industries, Inc
  • Cranberry, PA FULL_TIME
  • As aCredit Back Office Specialist, you will be a member of the Accounts Receivable department reporting to the Credit Back Office Supervisor. You will provide Credit and Cash Application support to en...
  • Just Posted

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National Sales Manager Credit Card Processing
  • Valor Merchant Services
  • Youngstown, OH FULL_TIME
  • We need a Sales Manager who can manage our growing team of sales reps and help us make more money! You'll be in charge of streamlining the sales process, making sure that we're following protocol, and...
  • 3 Days Ago

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

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Faculty Non-Tenure Track-9 Mo CATS- Mechanical Engineering Technology
  • Kent State University
  • Warren, OH
  • Faculty Non-Tenure Track-9 Mo CATS- Mechanical Engineering Technology Position #000158 Trumbull Campus, Warren, OH Kent ...
  • 3/28/2024 12:00:00 AM

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Outside Sales Representative
  • Carter Lumber Company
  • New Castle, PA
  • **Carter Lumber** **Outside Sales Representative** **Sales - New Castle, PA - Full Time** A Carter Lumber Outside Sales ...
  • 3/28/2024 12:00:00 AM

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Accounting & Office Assistant
  • Worthington Products Inc
  • East Canton, OH
  • Job Description Job Description Manage and improve accounting processes and other accounting/bookkeeping duties while pr...
  • 3/28/2024 12:00:00 AM

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Financial advisor - Financial Sales Professional
  • MassMutual Pittsburgh
  • Boardman, OH
  • Job Description Job Description Non-Captive How will you help grow our Practice? You will… Prepare and submit insurance ...
  • 3/28/2024 12:00:00 AM

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VP, Acquisition Solutions
  • Synchrony Financial
  • Canton, OH
  • Job Description: Role Summary/Purpose: The VP, Acquisition Solutions role will be responsible for leading strategic init...
  • 3/27/2024 12:00:00 AM

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Financial Representative
  • The Western and Southern Life Insurance Company
  • Youngstown, OH
  • Explore Your Future at Western & Southern Life Do you have a desire to be part of a team of talented people who are driv...
  • 3/27/2024 12:00:00 AM

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Financial Representative
  • The Western and Southern Life Insurance Company
  • Hermitage, PA
  • Explore Your Future at Western & Southern Life Do you have a desire to be part of a team of talented people who are driv...
  • 3/27/2024 12:00:00 AM

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Internal Revenue Agent (Reviewer - Examiner) 12 MONTH ROSTER - AMENDED
  • Department Of The Treasury
  • Youngstown, OH
  • Duties WHAT IS THE WHISTLEBLOWER OFFICE (WBO) DIVISION? A description of the business units can be found at: https://www...
  • 3/27/2024 12:00:00 AM

Youngstown is a city in and the county seat of Mahoning County in the U.S. state of Ohio, with small portions extending into Trumbull County. According to the 2010 Census, Youngstown had a city proper population of 66,982, while the Youngstown-Warren-Boardman, OH-PA Metropolitan Statistical Area it anchors contained 565,773 people in Mahoning and Trumbull counties in Ohio, and Mercer County in Pennsylvania. Youngstown is located on the Mahoning River, approximately 65 miles (105 km) southeast of Cleveland and 61 miles (100 km) northwest of Pittsburgh. Despite having its own media market, Young...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Letter of Credit Officer jobs
$48,283 to $79,995
Youngstown, 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