Letter of Credit Associate

At Alpha Bank we are shaping the future of banking in Greece.   Through our large-scale Transformation Program, we are changing the way we operate, the way we deliver results and the way we service our Customers.   We understand our Customers’ needs and design experiences around them. We work in partnership and invite diversity of skills and perspectives. We are forward-thinking and drive continuous improvement. We make things happen; we execute quickly and focus on what is essential.   If you are a change enthusiast who sets ambitious goals and works with a sense of purpose, we want to get to know you   Join our team #AlphaBank   #WeAreAlpha #EnablingProgress #AlphaCulture #ValuesThatLead #OneTeamOnePurpose   Purpose As a Letter of Credit Associate, you will be responsible for the implementation of all the activities and all supportive activities that are required for the issuance amendment, and forfeiture of the Letters of Credit.  What you will be doing   Manage the receipt of requests for the issuance, amendment, and forfeiture of Letters of Credit and checks their compliance with the Bank’s policies and legal framework. Monitor the documentation required for the issuance, amendment, and forfeiture of the Letters of Credit are collected and all necessary clarifications are obtained.  Ensure that the Bank’s system is properly updated regarding the documentation required for the execution of the issuance, monitoring, and forfeiture of Letters of Credit.  Cooperate with the Bank's competent Business Areas in the event of forfeiture of Letters of Credit, and monitors that the appropriate actions are taken. Maintain accurate and up-to-date records concerning the timely collection of the outstanding commissions as approved in the terms of the Letters of Credit. Support and assist Team members in various tasks related to the issuance, amendment, and forfeiture of Letters of Credit.   What you need to have   A Bachelor’s Degree in Economics, Finance, Business Administration or STEM At least two (2) years of experience in financial services   

What we offer
It’s all about our people. At Alpha Bank, you will enjoy:   A friendly and collaborative working environment that supports taking initiative and action A culture that centers around learning and continuous development and encourages everyone to bring their best self to work The opportunity to challenge your thinking through your participation in complex tasks and transformation projects Being part of a large organization with a leading role in the Greek economy and a strong presence in the community Flexible working options A competitive salary and benefits   All applications will be acknowledged and treated in utmost confidence.