Letter of Credit Officer jobs in Illinois

Letter of Credit Officer obtains necessary information to process and complete letters of credit and related financial transactions. Verifies all documentation for accuracy and completeness. Being a Letter of Credit Officer ensures all credit data is evaluated and adheres to bank policies and procedures in order to approve or deny applications. Provides support to lending officers and trade specialists. Additionally, Letter of Credit Officer may require a bachelor's degree. Typically reports to a manager or head of a unit/department. The Letter of Credit Officer gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Letter of Credit Officer typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)

F
Insurance Officer
  • Farm Credit Network
  • Monmouth, IL FULL_TIME
  • Compeer Financial is seeking collaborative, innovative and dynamic professionals to be a part of our Top Workplace culture!

    Tell me more about this opportunity.

    Position Overview:

    This position markets and sells Compeer Financials insurance products to clients and prospective clients and generate new business in agricultural risk services with new and existing clients while building strong relationships with clients and prospects. Combines agricultural and business knowledge with the in-depth understanding of the client’s operation to provide innovative and workable alternatives to solve problems the client and prospective client face. Frequently meets clients “on the farm” to discuss insurance products. Collaborates with the team and provides insurance expertise throughout the organization.

    Essential Functions:

    Aggressively market insurance products and expertise, by building relationships with clients, prospects a nd influencers which lead to new business and referrals.
    Maintain client relationships through frequent interactions and periodic sales calls.
    Deliver “value added” insurance services to the client.
    Maintain prospect files, establish ongoing prospecting plans and activities, and meet sales goals for Compeer’s insurance business.
    Work to achieve the objectives set by the team for new business development within the designated marketplace.
    Complete required documentation including applications, production reports, acreage reporting and claims for clients.
    Review coverage selection with clients throughout the year to ensure reporting of any potential claims.
    Monitor claims and ensures timely settlement of claims for clients and Approved Insurance Providers.
    Maintain a comprehensive understanding of crop insurance products available through Compeer Financial and all related FCS eligibility regulations.
    Remain current on product details and program changes.
    Agricultural business resource to clients, build on industry knowledge, including the areas of soil/crop management, fertilizers, seed hybrids, farm implements, new farm technology, animal husbandry and other specific agricultural basic knowledge pertinent to the geographical region or territory.
    Effectively communicate risk management strategies that can be achieved through products to meet client needs.

    Minimum Qualifications & Required Knowledge, Skills and Abilities:

    Bachelor’s degree in business administration, finance, economics, agriculture or an equivalent combination of education and experience sufficient to perform the essential functions of the job.
    Minimum experience required is based upon size, scope and complexity of the position. Experience in agribusiness/farming industry or similar experience in agriculture credit or closely related field required.
    Current state insurance license to sell crop insurance preferred.
    General knowledge of crop insurance programs and information, grain marketing, finance and macroeconomics.
    General knowledge of accounting principles and practices.
    General knowledge of Compeer’s insurance products and services, as well as credit operations.
    General knowledge of farm production methods, farm products, and farm business management/finance.
    Knowledge of finance, macroeconomics and competitive products and services.
    Analytical and problem solving skills.
    Effective negotiating and selling skills.
    Computer skills including MS Office applications (Word, Excel, Access, Outlook, etc.) and other related accounting applications.
    Strong organizational skills.
    Strong client service and interpersonal skills in dealing with both internal and external clients.
    Oral and written communication skills, sufficient to excha nge information effectively with peers, clients and leadership.
    Ability to protect the confidentiality, security, and integrity of the organization’s brand.


    Who is Compeer Financial?
    Compeer Financial exists to champion the hopes and dreams of rural America. By joining our team, you will help empower those in agriculture and rural communities to achieve their goals and expand their possibilities. We embrace business agility and innovative approaches to serving our clients and communities.

    Why join our team?

    Amazing team members who are passionate about serving agriculture and rural America.
    Investment in our team members’ education, growth and development.
    Engagement in our communities through giving back and volunteerism.
    Flexible, collaborative and dynamic work environment.
    Great benefits:

    Medical, Dental, Vision insurance
    401K (3% Compeer contribution & up to an additional 6% match)
    Paid time off (vacation, sick leave, holidays, volunteer time)


    Find out why our team members choose Compeer Financial by watching this video.

    How do I apply?
    Qualified candidates, please apply online at www.compeer.com/careers.

    Compeer Financial is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

  • 8 Days Ago

N
Asset Based Credit Officer
  • National Black MBA Association
  • Chicago, IL FULL_TIME
  • Job DescriptionAt Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we ...
  • 7 Days Ago

S
Chief Credit Officer
  • Servbank
  • Oswego, IL FULL_TIME
  • DescriptionJob Summary:As the Chief Credit Officer (CCO), you will play a pivotal role in shaping and executing Servbank credit strategy while ensuring sound risk management practices. You will lead a...
  • 9 Days Ago

B
Leasing Credit Sr Officer
  • Bank of America
  • Chicago, IL FULL_TIME
  • Job Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we...
  • 18 Days Ago

B
Commercial Credit Officer
  • Bank of America
  • Chicago, IL FULL_TIME
  • Job Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we...
  • 2 Months Ago

S
Business Development Officer
  • Self-Help Credit Union
  • Chicago, IL FULL_TIME
  • Job DetailsDescriptionWHO We Are: Self-Help started in 1980 with a focus on economic inequality especially in communities that have faced systemic barriers in building wealth. At the core of what Self...
  • 8 Days Ago

U
Sr Counsel - Commercial
  • UGI Corporation
  • King Of Prussia, PA
  • Requisition Number: 24103 UGI Corporation (NYSE: UGI) is a holding company that distributes and markets energy products ...
  • 6/12/2024 12:00:00 AM

D
Senior Land Analyst
  • Dream Finders Homes
  • Palm Bay, FL
  • SUMMARY OF POSITION: The primary role of the Land Finance Analyst is to assist the Land and Executive Management teams i...
  • 6/12/2024 12:00:00 AM

J
Billing & Order Entry Specialist with German (Relocate)
  • Johnson Controls International
  • Prague, Hlavni Mesto Praha
  • Are you interested in gaining international work experience? Then Johnson Controls could have the perfect opportunity fo...
  • 6/12/2024 12:00:00 AM

V
Medical Technologist
  • Veterans Health Administration
  • Louisville, KY
  • Summary This position is eligible for the Education Debt Reduction Program (EDRP), a student loan payment reimbursement ...
  • 6/12/2024 12:00:00 AM

T
Accounts Receivable Chargebacks
  • Tempositions, Inc.
  • Hauppauge, NY
  • Description Our client a large consumer product company is seeking an accounts receivable chargebacks associate. The com...
  • 6/10/2024 12:00:00 AM

K
Accounting Analyst
  • Kelly Services
  • Kansas City, MO
  • Job details Accounting Analyst Location: Kansas City, MO Pay Rate: $34/hour Schedule: Part Time 20 hours per week Contra...
  • 6/10/2024 12:00:00 AM

H
Accounting Analyst
  • Hiring Now!
  • Kansas City, MO
  • If you are currently employed at Smithfield, please log into Workday and submit your application through the Jobs Hub. A...
  • 6/8/2024 12:00:00 AM

A
Accounts Receivable Chargebacks - OrderID: 3914
  • AcctPositions
  • Hauppauge, NY
  • Our client a large consumer product company is seeking an accounts receivable chargebacks associate. The company offers ...
  • 6/7/2024 12:00:00 AM

Illinois (/ˌɪlɪˈnɔɪ/ (listen) IL-ih-NOY) is a state in the Midwestern and Great Lakes region of the United States. It has the fifth largest gross domestic product (GDP), the sixth largest population, and the 25th largest land area of all U.S. states. Illinois is often noted as a microcosm of the entire United States. With Chicago in northeastern Illinois, small industrial cities and immense agricultural productivity in the north and center of the state, and natural resources such as coal, timber, and petroleum in the south, Illinois has a diverse economic base, and is a major transportation hu...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Letter of Credit Officer jobs
$52,777 to $87,445

Letter of Credit Officer in Cedar Falls, IA
Crafting a cover letter that catches the attention of hiring managers is paramount to getting the job, and LiveCareer is here to help you stand out from the competition.
January 19, 2020
Letter of Credit Officer in Lubbock, TX
An ideal cover letter for a credit officer job must demonstrate all necessary skills associated with the position.
February 02, 2020
Letter of Credit Officer in Tuscaloosa, AL
In order to do this, it is essential to read the advertisement and then start writing the letter carefully.
February 15, 2020