Lead Letter of Credit Analyst - GRID

Job Description Summary

In your role, you will be responsible for analysis of the Export Documentary Letter of Credit execution process metrics across GRID Business
globally. Measuring the efficiency based on the key performance indicators, identifying any potential gaps and support the implementation of
process improvement initiatives that ensure faster cash collection from the LC's.
Monitoring, reporting and supporting on-shore LC execution process across the business.

Job Description

Roles and Responsibilities

• Be an expert on letter of credit structure and language, with particular emphasis on operational terms related to the execution of the order/contract.
• Act as the central point of contact for all Documentary Letters of Credit related topics where all GRID legal entities are beneficiaries and the initial central point of contact for other trade finance instruments (such as Cash Against Documents): provide counseling to region teams; review LC drafts and involve appropriate functions as required (from Treasury, Finance or the Commercial Operations); set up a rigorous operating rhythm with stakeholders; maintain metrics to measure volume and effectiveness of process; provide input for process enhancements.
• Support global Trade Finance projects, on implementing web-based platform to further digitize the LC execution process.
• Coordinate the document preparation activities among the key stakeholders for the export LCs -Regions, Doc Prep Service Provider (TTI), Logistics and project teams. Be an escalation point for GE fulfilment and operational teams, for external parties, such as banks and freight forwarders; maintain oversight on authorized personnel involved in document preparation and instructions to banks.

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