We are currently looking for Officer (Processor-Trade Finance) for our UAE operations
Education:
- Diploma / Bachelors Degree
Professional / Technical Qualifications / Diplomas:
- Conversant with basic banking and trade finance terminologies
- Knowledge on UCP (latest version) Inco-terms ISBP URC (latest version) Uniform Rules for reimbursement URR (latest version) URDG and ICC opinions and preferably CDCS (Certified Documentary Credit Specialist)
Experience:
- 2 - 3 years experience in trade finance or in banking
Other Skills Required for the Job:
- Good Communication skills
- High proficiency in business writing
- Strong analytical and problem solving skills
- Working knowledge of IT applications
- Customer Service
- Team Work
- Proficiency in MS-Office Word Excel Power Point
- Ability to multi-task and capability to deal with pressure
- Familiar with the banks policies and procedures
Duties and Responsibilities:
- Ensure the customer applications / requests received are time-stamped duly completed and signed.
- Process trade transactions (end-to-end) as per the existing Standard Operating Procedures ensuring all activities are completed within the agreed turn-around times with a high degree of accuracy.
- Process Letters of Credits Guarantees and Collections in accordance with international rules and regulations in a way that supports the business units and ensures a good working relationship with Banks clients.
- Ensure to prepare a checklist for all transactions and appropriate approvals are obtained for any deviations from the Standard Operating Procedures.
- Maintain files and update correspondences by recording systematically to ensure efficient retrieval of documents.
- Identify bugs/flaws and propose improvements in systems/ processes to enhance efficiency.
- Secure thorough knowledge on processing of all Trade products and self-train to perform assigned tasks effectively.
- Monitor charges and commissions by maintaining records either manually or via systems for follow-up and recovery.
- Monitor and review Nostro statements on incoming funds for settlement and charges.
- Provide privileged client service to all internal and external queries responding to all emails and phone calls.
- Provide technical advice and consultancy services to internal and external clients by safeguarding bank and customers against fraud and money laundering transactions.
- Pass manual vouchers for transactions if necessary.
Joining time frame: 2 weeks (maximum 1 month)
Remote Work :
No
Employment Type :
Full-time
Key Skills Customer Service,Bank Products,Client Transactions,Customer Transactions,Loan Portfolio,Customer Accounts,Client Relationships,Account Maintenance,Client Inquiries,Financial Products,Credit Card,Business Relationships,Client Service,Portfolio
Experience: years
Vacancy: 1