Head Of Letter Of Credit Management

AIG

New York, NY, US
Base: $83,000-103,000; bonus/equity: not specified...
Lead global loc management function
Oversee loc lifecycle transactions
Ensure regulatory compliance
The role is responsible for leading the end-to-end governance and administration of the organization's Global Letter of Credit portfolio

Job Summary

  • The role is responsible for leading the end-to-end governance and administration of the organization's Global Letter of Credit portfolio.
  • Candidates will oversee the full lifecycle of LOC transactions including issuance, amendments, decreases, cancellations, and expiry monitoring.
  • AIG offers a comprehensive Total Rewards Program focused on health, wellbeing, financial security, and professional development.

Matching Summary

The role is responsible for leading the end-to-end governance and administration of the organization's Global Letter of Credit portfolio.

Salary

Base: $83,000-103,000; Bonus/Equity: Not specified; Benefits: Comprehensive Total Rewards Program

Skills & Requirements

Must-have

  • Lead global LOC management function
  • Oversee LOC lifecycle transactions
  • Ensure regulatory compliance
  • Manage treasury operational controls
  • Validate LOCs with banking partners

Nice-to-have

  • Continuous improvement initiatives
  • Strong team mentorship skills
  • Cross-functional collaboration experience
  • Audit-ready documentation expertise

Key Requirements

  • Experience in treasury letter of credit activities
  • Leadership experience managing treasury analysts
  • Knowledge of statutory and contractual requirements

Work Rights

Not specified

Tailored Resume

Cover Letter