Montreal, QC, Canada (On-site)

Contract (1 year 1 day)

Published 2 months ago

UCP Publication 600/ISP98, and Bank credit/compliance procedures

swift

Skills :

• Minimum of 3 years of SBLC, Commercial Letter of Credit and/or Guarantees in Trade Finance
• Knowledge of UCP 600/ISP 98/URDG 758
• Knowledge of all regulatory guidelines i.e. sanctions, OFAC compliance, anti-boycott and others
• Knowledge of SWIFT
• Minimal education level required :High school / Secondary school / A levels / AS levels / IB
• Effective written and verbal communication sills
• Knowledge of standby letters of credit would be an asset
• Knowledge of Syndicated Letter of Credits would be an asset
• CDCS Certification
• ACBS system knowledge
• TI+ (Trade innovations) system knowledge
• Experience in Letter of Credit billing process (commission calculation, reconciliation of records, etc)

Responsibilities:

• Ensure that letter of credit transactions are in conformity with client instructions, UCP Publication 600/ISP98, and the Bank’s credit/ compliance procedures.
• Ensure timely processing of sensitive transactions and report to management any unusual or intricate transactions requiring review, discussion and or approval.
• Provide assistance/support to internal clients on technical aspects and practices of letters of credit
• Prepare and execute required letter of credit documents using TI+, Microsoft Word, or ACBS, as needed.
• Respond to pending inquiries, discrepancies and resolution of documents filed, ensure that all items are actively traced via correspondence with respective parties, tickler schedule and actively follow-up until payment is secured and transaction is finalized.
• Ensure that Letters of Credit file contains relevant supporting documentation i.e. copy of executed letter of credit/ amendments and completed compliance checklist, when required.
• Ensure timely disbursement of funds, as required for LC drawings, and record transaction through the Bank’s accounting system (ACBS) for accurate accounting and reporting.
• Ensure SWIFT messages for LC transactions are processed properly

The pay range that the employer in good faith reasonably expects to pay for this position is $28.40/hour - $44.58/hour. Our benefits include medical, dental, vision and retirement benefits. Applications will be accepted on an ongoing basis.

Tundra Technical Solutions is among North America’s leading providers of Staffing and Consulting Services. Our success and our clients’ success are built on a foundation of service excellence. We are an equal opportunity employer, and we do not discriminate on the basis of race, religion, color, national origin, sex, sexual orientation, age, veteran status, disability, genetic information, or other applicable legally protected characteristic. Qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable law, including the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act. Unincorporated LA County workers: we reasonably believe that criminal history may have a direct, adverse and negative relationship with the following job duties, potentially resulting in the withdrawal of a conditional offer of employment: client provided property, including hardware (both of which may include data) entrusted to you from theft, loss or damage; return all portable client computer hardware in your possession (including the data contained therein) upon completion of the assignment, and; maintain the confidentiality of client proprietary, confidential, or non-public information. In addition, job duties require access to secure and protected client information technology systems and related data security obligations.