General information
Entity
About Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB)
Crédit Agricole CIB is the corporate and investment bank of the Crédit Agricole group, the 10th largest banking group in the world *.
We support major companies and financial institutions in their development and the financing of their projects.
As pioneers in responsible finance, social and environmental commitments are at the heart of our activities.
Joining our teams means working in a multicultural environment, both dynamic and stimulating, where you will contribute to developing a sustainable economy.
We support employees throughout their journey: you will develop your skills and access various mobility opportunities among the diversity of our businesses in more than 30 international locations.
Our culture is built on collaboration, innovation and openness, where everyone is valued and empowered.
By working every day in the interest of society, Crédit Agricole CIB aligns with the Group values committed to diversity and inclusion and placing people at the heart of all its transformations.
All our jobs are open to people with disabilities. We welcome applications from candidates of all backgrounds and experiences.
Ready to take part in our mission ?
*By balance sheet size - The Banker, Juillet 2025
Reference
2026-113721
Update date
29/06/2026
Job description
Business type
Types of Jobs - Operations
Job title
US Analyst - Letter of Credit Analyst
Contract type
Fixed-Term Contract
Term (in months)
24
Expected start date
27/07/2026
Management position
No
Job summary
LETTER OF CREDIT ANALYST
Department: International Trade & Transaction Banking | Reports to: Head of Letter of Credit Operations
US ANALYST PROGRAM
The US Analyst program offers an opportunity for recent college graduates interested in finance and corporate/investment banking to actively participate in this fast-paced and challenging industry. The standard analyst program is two years, with analysts hired on an initial one-year contract. The goal of the analyst program is to develop top candidates into Full-Time Associate positions at the end of the two year period. We provide our analysts with the tools necessary for professional growth and career advancement.
ROLE SUMMARY
Process and maintain the Bank's letters of credit portfolio, including issuance, confirmation, and advising of Standby/Guarantees and Import/Export letters of credit. Ensure compliance with client instructions, UCP 600/ISP98, and Bank policies while supporting clients and internal teams on technical aspects of trade finance.
KEY RESPONSIBILITIES
- Process letter of credit transactions in conformity with client instructions, UCP 600/ISP98, and Bank credit/compliance procedures
- Review draft letters of credit and coordinate resolution of issues with clients
- Prepare and execute letter of credit documents using LCMS, Microsoft Word, and ACBS
- Record standby/commercial letter of credit activity in ACBS, LCMS, and SWIFT Alliance
- Monitor daily maturity reports and ensure timely action on maturing transactions
- Track pending inquiries, discrepancies, and document resolution; follow up until payment is secured
- Process SWIFT messages for LC transactions and ensure documentation compliance
- Coordinate clearing and reconciliation of open cash items and daily exceptions with CBO Control Unit
- Ensure timely disbursement of funds for LC drawings and accurate recording in ACBS
- Review past due fee reports for accuracy and timely management reporting
- Escalate compliance matters to Management and Compliance as needed
KEY CONTACTS
Internal: Control & Reconciliation, IT Support, ITB Front/Middle Offices, Compliance, Finance
External: Clients
Position location
Geographical area
America, United States Of America
City
NEW YORK
Candidate criteria
Minimal education level
Bachelor Degree / BSc Degree or equivalent
Level of minimal experience
0-2 years
Experience
REQUIREMENTS
Essential:
- Bachelor's degree (recent graduate)
- Strong knowledge of Microsoft applications
- Detail-oriented with strong organizational skills
- Ability to manage multiple priorities in a fast-paced environment
- Must be eligible to work in the US without visa sponsorship now or in the future
Desirable:
- Familiarity with trade finance or international banking
Exposure to banking systems or financial software
Languages
English