Analyst, Operations - Letters of Credit
Ally Financial
New York
Workplace: OnsiteFull timeUSD 65,000 - 115,000 annuallyFunction: Banking, Lending & CreditExperience: 1+ yearsEducation: high_schoolSkills: ["Communication","Interpersonal skills","Organizational skills","Analytical thinking","Time management"]Handle end-to-end letters of credit operations, specializing in irrevocable standby LCs for middle-market leveraged deals. Process LC applications, approvals, issuance, amendments, evergreen monitoring, and outbound wire setup while performing OFAC screening. Support daily funding and servicing requirements, complete LC reconciliations and month-end/quarter-end reporting, and participate in disaster recovery readiness. Work with Ally and other issuing banks as the issuing bank (Ally Bank).
