Head Of Letter Of Credit Management

American International Group, Inc. (AIG)

New York, US
Base: $83,000-103,000; bonus/equity: not specified...
Global letter of credit portfolio management
Statutory and contractual compliance oversight
Lifecycle management of loc transactions
The role leads the end-to-end governance and administration of the organization's Global Letter of Credit portfolio ensuring accurate execution and compliance

Job Summary

  • The role leads the end-to-end governance and administration of the organization's Global Letter of Credit portfolio ensuring accurate execution and compliance.
  • Candidates will oversee the full lifecycle of LOC transactions including issuance, amendments, cancellations, and expiry monitoring while maintaining strong internal controls.
  • AIG offers a comprehensive Total Rewards Program focused on health, wellbeing, financial security, and professional development for its global team members.

Matching Summary

The role leads the end-to-end governance and administration of the organization's Global Letter of Credit portfolio ensuring accurate execution and compliance.

Salary

Base: $83,000-103,000; Bonus/Equity: Not specified; Benefits: Comprehensive Total Rewards Program including health and financial security

Skills & Requirements

Must-have

  • Global Letter of Credit portfolio management
  • Statutory and contractual compliance oversight
  • Lifecycle management of LOC transactions
  • Internal controls and audit-ready documentation
  • Team leadership and mentorship for analysts

Nice-to-have

  • Continuous improvement initiatives in treasury
  • Strong operational workflow definition
  • Cross-functional partnership with Risk teams
  • Inclusive culture and collaboration focus

Key Requirements

  • Experience leading treasury operations teams
  • Expertise in LOC statutory and non-statutory requirements
  • Ability to manage complex banking partner relationships

Work Rights

Not specified

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