Trade Finance Officer - Letter of Credit -Banking

<div><h3>Job Description</h3><p>We are currently looking for Officer (Processor-Trade Finance) for our UAE operations</p><h3>Education</h3><ul><li>Diploma / Bachelor’s Degree</li></ul><h3>Professional / Technical Qualifications / Diplomas</h3><ul><li>Conversant with basic banking and trade finance terminologies</li><li>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)</li></ul><h3>Experience</h3><ul><li>2-3 years’ experience in trade finance or in banking</li></ul><h3>Other Skills Required for the Job</h3><ul><li>Good Communication skills</li><li>High proficiency in business writing</li><li>Strong analytical and problem solving skills</li><li>Working knowledge of IT applications</li><li>Customer Service</li><li>Team Work</li><li>Proficiency in MS-Office – Word, Excel, Power Point</li><li>Ability to multi-task and capability to deal with pressure</li><li>Familiar with the bank’s policies and procedures</li></ul><h3>Duties and Responsibilities</h3><ul><li>Ensure the customer applications / requests received are time-stamped, duly completed and signed.</li><li>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.</li><li>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 Bank's clients.</li><li>Ensure to prepare a checklist for all transactions and appropriate approvals are obtained for any deviations from the Standard Operating Procedures.</li><li>Maintain files and update correspondences by recording systematically to ensure efficient retrieval of documents.</li><li>Identify bugs/flaws and propose improvements in systems/ processes to enhance efficiency.</li><li>Secure thorough knowledge on processing of all Trade products and self-train to perform assigned tasks effectively.</li><li>Monitor charges and commissions by maintaining records either manually or via systems for follow-up and recovery.</li><li>Monitor and review Nostro statements on incoming funds for settlement and charges.</li><li>Provide privileged client service to all internal and external queries responding to all emails and phone calls.</li><li>Provide technical advice and consultancy services to internal and external clients by safeguarding bank and customers against fraud and money laundering transactions.</li><li>Pass manual vouchers for transactions, if necessary.</li></ul><p><b>Joining time frame: 2 weeks (maximum 1 month)</b></p></div>#J-18808-Ljbffr