Letter of Credit Coordinator

Job description / Role

Role Summary:
- Proficient sales professional, responsible for activities and processes that help the sales organization achieve business objectives, and contributes to projects and initiatives.

Essential Responsibilities:
- Proactively manage the entire process of letters of credit from financing to cash collection to
- ensure the optimization of cash flow and decrease of financial risks
- Review and follow-up regarding bank presentations to ensure payments are issued promptly and correctly
- Establish and maintain communication with the appropriate individuals throughout the process (Sales Operations Director, Project Manager, Logistics, Finance, Sales Managers, Customers, Cash Collectors, Banks)
- Analyze and define the root causes of past due in order to meet requirement of cash collection
orientation strategy
- Review all bank discrepancies to determine whether they are acceptable with regards to documentation required for shipping, customs clearance, cash collection etc
- Review letter of credit documents to determine compliance with international and company standards
- Maintains the data and record entry in the L/C tracker

Requirements

Qualifications/Requirements:
- Bachelor's degree from an accredited university or college
- Minimum of 3 years relevant Letter of Credit/Logistics experience

Desired Characteristics
- Strong oral and written communication skills.
- Strong interpersonal and leadership skills.
- Ability to work independently.
- Strong problem-solving skills.
- Ability to handle heavy work volume and to work rapidly under critical time constraints; work well under pressure
- Banking background will be a plus.

Preferred Qualifications:
- Strong oral and written communication skills.
- Strong interpersonal and leadership skills.
- Ability to influence others and lead small teams.
- Ability to work independently.
- Strong problem solving skills.

About Us:
GE (NYSE:GE) drives the world forward by tackling its biggest challenges. By combining world-class engineering with software and analytics, GE helps the world work more efficiently, reliably, and safely. GE people are global, diverse and dedicated, operating with the highest integrity and passion to fulfill GE's mission and deliver for our customers.

About the Company

GE is a diversified technology, media and financial services company, dedicated to creating products that make life better. From aircraft engines and power generation to financial services, medical imaging, television programming and oil and gas, GE operates in more than 100 countries and employs over 300,000 people worldwide.

GE's Oil & Gas business is a leader in the development and delivery of advanced product and service offerings for the global oil and gas industry. As a consequence of the rapid expansion of its technology base, GE's Oil & Gas is capable of addressing the largest and most complex engineering and application challenges entirely from its own worldwide resources. So whether it's the world's largest LNG compression trains, re-injection of high sulfur gas, enhancing the safety and productivity of the world's oil and gas pipelines, or equipment for the production of oil and gas from harsh environments, GE is leading the charge.