Senior Standby Letter of Credit Specialist

Senior Standby Letter of Credit Specialist page is loaded## Senior Standby Letter of Credit Specialist locations:
Saint Paul, MN:
Atlanta, GA:
Gresham, OR:
Los Angeles, CAtime type:
Full time posted on:
Posted 13 Days Agotime left to apply:
End Date:
February 23, 2026 (30+ days left to apply) job requisition :
At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed.  We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career.

Try new things, learn new skills and discover what you excel at—all from Day One.##
** Job Description
** Responsible for providing consultation and guidance regarding standby letter of credit services provided by GTSS to GTSS staff, clients and business partners in addition to performing a variety of duties relating to the processing of transactions necessary to support the banks standby letter of credit portfolio in accordance with applicable regulations, policies and procedures. Services include issuing, amending, advising, confirming and releasing standby letters of credit accordance with organizational policies and guidelines.
** Key Responsibilities**:
* Structure Standby Letter of Credit terms and text to meet the needs of specific client transactions.
* Capable of drafting the more complex Standby Letters of Credit including Syndicated Letters of Credit, Direct-Pay Letters of Credit supporting Industrial Revenue Bonds, Counter and Counter-Counter Standby Letters or Credit. Ensures needed regulatory compliance and credit approvals are obtained prior to issuing and/or releasing Standby LCs.
* Examines documents for payment under Standby Letters of Credit for compliance with Letter of Credit terms.
* Works closely with Relationship Managers, clients, beneficiaries, internal and external Counsel as needed to structure and finalize complex Standby Letters of Credit
* Advises management on developments that impact the department
** Basic Qualifications
*** Bachelor’s degree, or equivalent work experience
* Six or more years of related experience
** Preferred Skills/Experience
*** In-Depth knowledge of complex Standby Letters of Credit
* ** At least 6 years
** of Standby Letters of Credit exposure
* Thorough knowledge of policies, plans, procedures, products and regulatory requirements for assigned business unit
* Ability to conduct an analysis of a business need, including scheduling meetings, planning agendas and conferring with business line leaders
* Strong understanding of project management and testing methodology and procedures
* Ability to develop test schedules, review testing plans, track test issues and report on test results
* Strong analytical and forecasting skills
* Ability to manage multiple tasks/projects and deadlines simultaneously
* Ability to work as part of a project team

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our .
** 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 (some may vary based on role, location or hours):
* 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 lawU.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to…