U.S. Bank

Standby Letter of Credit Advisor - Operations

U.S. Bank$86K — $101K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • High school diploma or equivalent required.
  • Eight or more years of relevant work experience required.
  • Extensive experience in standby letters of credit with strong deal structuring expertise preferred.
  • Strong knowledge of ISP98 and UCP600 standards preferred.
  • Exceptional verbal and written communication skills highly valued.

Responsibilities

  • Provide expert guidance on structuring complex standby letter of credit transactions.
  • Review and interpret legal documentation to ensure compliance with bank risk standards.
  • Partner with internal teams to advise on deal structure and transaction execution.
  • Deliver exceptional customer service by effectively guiding partners through processes.
  • Communicate confidently in discussions involving complex client situations.
  • Serve as a key resource for non-standard requests, providing recommendations and solutions.
  • Support onboarding of complex clients by advising on documentation and requirements.

Benefits

  • Healthcare coverage (medical, dental, vision)
  • Life insurance options available
  • Short-term and long-term disability coverage
  • Parental leave and pregnancy disability benefits
  • 401(k) plan with employer contributions
  • Paid vacation based on tenure, ranging from two to five weeks
  • Up to 11 paid holidays per year
  • Adoption assistance is provided
  • Accrued sick and safe leave up to 80 hours annually
Full Job Description
Job Description

Inspire, excel and grow with us

U.S. Bank is hiring in our Global Trade & Standby Services (GTSS) department for a Standby Letter of Credit Advisor.

The Standby Letter of Credit Advisor serves as a subject matter expert, providing guidance on structuring requests, reviewing legal documentation, and delivering a high level of customer service through clear, professional communication with internal and external partners.

Key Responsibilities:
  • Provide expert guidance on the structuring of complex standby letter of credit transactions, including issuance, amendments, and risk considerations
  • Review and interpret credit agreements, reimbursement agreements, and related legal documentation to ensure alignment with SBLC terms and bank risk standards
  • Partner closely with Relationship Managers, Legal, and Credit teams to advise on deal structure and support successful transaction execution
  • Deliver best-in-class customer service by clearly explaining requirements, setting expectations, and guiding partners through the standby LC process
  • Communicate effectively and confidently, particularly in verbal discussion involving complex or sensitive client scenarios
  • Serve as a key resource for complex or non-standard requests, providing recommendation and solutions while ensuring adherence to policy
  • Support onboarding of complex or sensitive clients by partnering with Relationship Managers, Portfolio Managers, and Credit teams to advise on documentation, structure, and set up requirements


Location
  • Charlotte, NC
  • St. Paul, MN
  • Portland, OR


Basic Qualifications
  • High school diploma or equivalent
  • Eight or more years of relevant work experience


Preferred Skills/Experience
  • Extensive experience in standby letters of credit, with strong expertise in complex deal structuring
  • Strong knowledge of standby letter of credit rules, including ISP98 and UCP600
  • Deep understanding of credit agreements, reimbursement agreements, and related legal documentation
  • Exceptional verbal and written communication skills, with the ability to clearly articulate complex concepts to a variety of stakeholders
  • Proven ability to deliver a high level of customer service in a fast paced, client focused environment
  • Strong risk awareness and ability to provide sound recommendations in complex or time sensitive situations
  • Ability to influence and guide partners without direct authority


Location Expectations

This role requires working from a U.S. Bank location three (3) or more days per week.

Benefits:

Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:
  • Healthcare (medical, dental, vision)
  • Basic term and optional term life insurance
  • Short-term and long-term disability
  • Pregnancy disability and parental leave
  • 401(k) and employer-funded retirement plan
  • Paid vacation (from two to five weeks depending on salary grade and tenure)
  • Up to 11 paid holiday opportunities
  • Adoption assistance
  • Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law


Review our full benefits available by employment status here.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $86,360.00 - $101,600.00

Posting may be closed earlier due to high volume of applicants.

About U.S. Bank

U.S. Department of the Treasury is a government agency responsible for promoting economic prosperity and ensuring financial security. The department is responsible for a wide range of activities such as advising on economic and financial issues, encouraging sustainable economic growth, and fostering improved governance in financial institutions.

U.S. Bank Careers

Join the dynamic team at U.S. Bank, one of the nation's top banking institutions, where your career journey is as promising as the services we provide to our customers. At U.S. Bank, we are committed to fostering a culture of innovation, leadership, and diversity that is unmatched in the industry.

Explore Job Opportunities and Growth

At U.S. Bank, we offer a variety of job opportunities that cater to a range of skills and professional interests. Whether you are looking for a position in finance, technology, customer service, or management, U.S. Bank is hiring talented individuals who are eager to contribute to our mission and grow with us.

Internship Programs

Kickstart your career with U.S. Bank’s internship programs. These opportunities are designed for ambitious students who want to gain hands-on experience and develop essential skills in a real-world setting. Our internships provide a platform to engage with experienced professionals and explore potential career paths within the company.

Benefits and Employment Perks

Choosing a career at U.S. Bank means more than just employment. We offer comprehensive benefits designed to enhance your life and well-being. From health and wellness programs to retirement plans, we ensure our team members are supported both personally and professionally.

Our Commitment to Diversity and Inclusion

Diversity and inclusion are at the core of our values at U.S. Bank. We are dedicated to creating an environment where all employees feel valued and included. Our diversity training programs are part of our commitment to an inclusive workplace, where everyone can thrive.

Leadership and Professional Development

Leadership at U.S. Bank is about more than guiding teams – it's about inspiring them. We invest in leadership training and professional development programs that help our employees become the best in their fields. By fostering a culture of learning and growth, we prepare our team members to take on new challenges and leadership roles.

Networking and Innovation

Networking at U.S. Bank goes hand in hand with innovation. Our employees are encouraged to connect with colleagues and industry leaders through various networking events and professional groups. This collaborative environment fuels innovation and allows us to stay ahead in a competitive industry.

Join Our Team

Are you ready to take the next step in your career? Explore the open positions at U.S. Bank and find where your skills and passions align with our needs. Prepare your resume, sharpen your interview skills, and get ready to join a team where your career can flourish.

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Learn more about U.S. Bank
Size
68,796 employees
Market Cap
$66.2 billion
Industry
Net Income
$4.9 billion
5 Year Trend
+0.5%
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