Head Of Letter Of Credit Management

077

New York, US
Base: $83,000-103,000; bonus/equity: not specified...
Lead global letter of credit management function
Oversee loc lifecycle including issuance and expiry
Ensure compliance with statutory and contractual requirements
The role is responsible for leading the end-to-end governance, administration, and oversight of the organization's Global Letter of Credit portfolio

Job Summary

  • The role is responsible for leading the end-to-end governance, administration, and oversight of the organization's Global Letter of Credit portfolio.
  • Candidates will define operating frameworks, policies, and controls while ensuring accurate execution of LOC transactions and regulatory compliance.
  • AIG offers a competitive benefits package and values in-person collaboration to foster a supportive and connected work environment.

Matching Summary

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

Salary

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

Skills & Requirements

Must-have

  • Lead global letter of credit management function
  • Oversee LOC lifecycle including issuance and expiry
  • Ensure compliance with statutory and contractual requirements
  • Maintain internal controls and audit-ready documentation
  • Partner with Risk, Compliance, and Audit teams

Nice-to-have

  • Drive continuous improvement initiatives for process efficiency
  • Strong operational controls across treasury activities
  • Mentor and develop team of treasury analysts
  • Experience in banking partner validation processes

Key Requirements

  • Leadership experience in treasury or LOC management
  • Knowledge of statutory and non-statutory LOC regulations
  • Ability to manage cross-functional partnerships with Risk and Audit

Work Rights

Not specified

Tailored Resume

Cover Letter