Jobs / United States / US Bank National Association
Standby Letter of Credit Specialist - Operations
US Bank National Association · 🇺🇸 3 Locations
Sponsorship verdict
Sponsorship possible
One solid signal, not two — worth applying, and worth asking about sponsorship early.
- Employer is on a government sponsor recordUSCIS Data Hub records 294 H-1B approvals for this employer in FY2023. Source: USCIS H-1B Employer Data Hub (US Citizenship and Immigration Services).
- The posting doesn’t mention sponsorshipSilence isn’t a refusal — ask the recruiter before investing much time.
- No salary bar for this routeH-1B has no fixed salary bar: the employer must pay at least the prevailing wage for the role and area. Cap-subject employers enter a lottery weighted by wage level. Source: https://www.federalregister.gov/documents/2025/12/29/2025-23853/weighted-selection-process-for-registrants-and-petitioners-seeking-to-file-cap-subject-h-1b, rules effective 2026-02-27.
- Confirmed live todayWhen a source last listed this job as open.
US H-1B: cap-subject employers enter a lottery weighted by wage level — Level I gets 1 entry, Level IV gets 4 (DHS projected selection odds ≈15% at Level I to ≈61% at Level IV). Universities and non-profit research employers are cap-exempt. The $100,000 fee for new petitions from abroad is currently blocked by a court order (appeal pending).
A verdict summarises public evidence; it is not legal advice and never a guarantee — the employer and the immigration authority decide. Sign in to factor in where you can already work.
Or apply yourself on the official page →
Sponsor Radar — US Bank National Association
USCIS Data Hub records 294 H-1B approvals for this employer in FY2023. Source: USCIS H-1B Employer Data Hub (US Citizenship and Immigration Services).
Past sponsorship or register membership never guarantees sponsorship for this vacancy or for you. Full Sponsor Radar for US Bank National Association →
About the role
At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One. Job Description Bring Your Standby Letter of Credit Expertise to a Team Where It Matters At U.S. Bank, we're committed to helping our clients and communities make smarter financial decisions while enabling the growth and success of businesses around the world. As a Standby Letter of Credit Specialist, you'll play a vital role in supporting sophisticated commercial and corporate clients by managing complex standby letter of credit transactions that help drive business forward. This is not a traditional operations role. We are seeking a highly skilled standby letter of credit professional who thrives on navigating complex transactions, collaborating with business partners, and serving as a trusted subject matter expert. If you enjoy balancing client needs, regulatory requirements, and risk management while working on challenging and impactful transactions, we'd love to meet you. What You'll Do As a key member of Global Trade & Standby Services (GTSS), you will manage and administer a portfolio of standby letters of credit throughout the full transaction lifecycle. You'll partner with Relationship Managers, Credit, Compliance, Legal, clients, beneficiaries, and other stakeholders to deliver exceptional service and sound risk management. Key Responsibilities • Draft, structure, and negotiate standby letter of credit language and terms while ensuring alignment with bank standards and client requirements. • Manage the complete standby letter of credit lifecycle, including issuance, amendments, renewals, advising, confirmations, draws, and releases. • Support complex standby letter of credit structures, including syndicated facilities, direct-pay and IRB support transactions, counter standby letters of credit, and counter-counter standby letters of credit. • Verify required credit approvals and facility availability before processing transactions. • Apply industry rules and standards including ISP98 and UCP 600 to support transaction execution and client guidance. • Review draw presentations and associated documentation for compliance with letter of credit terms. • Identify discrepancies, communicate findings, and coordinate timely resolutions with stakeholders. • Serve as a trusted point of contact for clients, beneficiaries, Relationship Managers, Legal, Compliance, and internal business partners. • Monitor a high-volume portfolio while maintaining accuracy, service excellence, and operational controls. • Escalate exceptions, operational risks, and urgent issues while providing meaningful insights on portfolio trends and activity. What Makes This Role Exciting Work on Complex, High-Impact Transactions You'll support sophisticated standby letter of credit structures that require critical thinking, technical expertise, and collaboration across multiple business lines. Be the Subject Matter Expert Your knowledge and judgment will help shape transaction structures, mitigate risk, and support clients in achieving their business goals. Build Valuable Partnerships Collaborate daily with Relationship Managers, Credit Officers, Legal Counsel, Compliance teams, clients, beneficiaries, and industry professionals. Expand Your Career Develop deep expertise in a specialized area of international an