Base: $83,000-103,000; bonus/equity: not specified...
Global letter of credit portfolio management
End-to-end governance and administration
Operational controls for treasury activities
The Head of Letter of Credit Management is responsible for leading the end-to-end governance, administration, and oversight of the organization’s Global Letter of Credit (LOC) portfolio
Job Summary
The Head of Letter of Credit Management is responsible for leading the end-to-end governance, administration, and oversight of the organization’s Global Letter of Credit (LOC) portfolio.
Key responsibilities include overseeing the Global LOC management function, defining the operating framework, policies, and controls for LOC administration, and driving continuous improvement initiatives.
AIG offers a comprehensive Total Rewards Program focused on health, wellbeing, financial security, and professional development, valuing in-person collaboration as a vital part of its culture.
Matching Summary
The Head of Letter of Credit Management is responsible for leading the end-to-end governance, administration, and oversight of the organization’s Global Letter of Credit (LOC) portfolio.
Salary
Base: $83,000-103,000; Bonus/Equity: Not specified; Benefits: US Benefits
Skills & Requirements
Must-have
Global Letter of Credit portfolio management
End-to-end governance and administration
Operational controls for treasury activities
Issuance, amendments, and cancellations
Expiry monitoring and renewals
Internal controls and audit-ready documentation
Nice-to-have
Continuous improvement initiatives
Risk identification and mitigation
In-person collaboration culture
Culture of inclusion and belonging
Key Requirements
Leadership and mentorship of treasury analysts
Experience with statutory and non-statutory Letters of Credit
Compliance with treasury policies and regulatory requirements