Connecting clients to markets – and talent to opportunity

With 4,300 employees and over 400,000 retail and institutional clients from more than 80 offices spread across five continents, we’re a Fortune-100, Nasdaq-listed provider, connecting clients to the global markets – focusing on innovation, human connection, and providing world-class products and services to all types of investors.

Whether you want to forge a career connecting our retail clients to potential trading opportunities, or ingrain yourself in the world of institutional investing, The StoneX Group is made up of four segments that offer endless potential for progression and growth.

Commercial: With boots on the ground authenticity at the heart of everything we do, our comprehensive array of commercial products and services enable you to work directly with our clients, across hedging, risk management, execution and clearing, OTC products, commodity finance and more.

The Letter of Credit Analyst is a key member of the Trade Finance team, responsible for the accurate, timely, and compliant processing of import and export Letters of Credit (L/Cs).
This role requires a good understanding of international trade finance, banking practices, and regulatory frameworks, with a focus on risk mitigation and smooth transaction execution.

The Analyst ensures that the L/C transactions are issued, amended, and managed in line with contractual terms, UCP 600, and internal procedures, while coordinating effectively with banks, operations, and internal stakeholders.

Primary duties will include:

LC Processing and Compliance:

- Ensure all terms and conditions of export and import L/C are met by verifying documentation thoroughly.

- Manage the allocation and verification of L/C to the banks, ensuring compliance with UCP 600 and other relevant international trade rules.

- Monitor the receipt of export L/C drafts and finalized documents, requesting amendments as necessary.

Coordination and Communication:

- Liaise with banks to allocate L/Cs and obtain confirmation approvals, including pricing quotations.

- Collaborate with the Operations department to ensure documents from origins and internally required documents are prepared accurately and in compliance.

Transaction Management:

- Prepare and send import L/C issuing requests to the banks, ensuring accuracy and timeliness.

- Monitor receipt of down payments for sales on a documentary collection basis and ensure correct processing of shipping instructions.

Record Keeping:

- Maintain meticulous records of all transactions within the company's system to ensure accuracy and compliance with record-keeping standards.

Issues Resolution:

- Act as a liaison between the bank, agents, or clients to resolve any discrepancies or issues related to L/C transactions.

- Bachelor’s degree in Finance, International Trade, Business Administration, or related fields.

- Fluent in English (written and spoken), any other language is an asset

- Experience in handling trade finance instruments, particularly letters of credit.

- Knowledge of international trade rules, including UCP 600.

- Knowledge in trade finance and compliance software systems.