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Trade Finance Letter Of Guarantee Officer Kuwait City

Kuwait City
2021-05-31 07:00:41
Trade Finance Letter Of Guarantee Officer Kuwait City
Job Detail
• Job Id

JD210879
• Job Type:

Full Time
• Salary:

Not mentioned
• Employment Status

Permanent
• JobLocation

Kuwait - Kuwait, Kuwait
• Education

Secondary School
• Experience

2 - 4 Years Years
• Apply By

Apr 11,2020
• Job PostingDate

Jan 12, 2020

Job Description

Toperform various standard and specialized processing clerical dutiesregarding LC, LG, Collection & Bills in order to initiateprocessing, liquidation, discounting and acceptance.
Accountabilities:
Processing: Initiate processing ofLC, LG, Collection & Bills in the system to generate LC LGInstrument Arrival notifications and or refusal advices tocorrespondent for discrepant documents and thereby obtain accuratefinancial data related to LC LG Coll and documents.
Settlement Processing: Process settlement of collection, bills& claims following approved policies and procedures andensuring approval according to credit delegation.
DataEntry: Clear outstanding entries in Nostro accounts and closeutilized LG LCs on... the system, so that data is wellorganized.
Customer Relations: Attend customer queriesand respond with required information, ensuring adequate closurefor all related queries.
Document Management: Releasedocuments to customer by acknowledgment of receipt and maintainadequate follow-up with customers on discrepant documentsconcerning their refusal acceptance of documents.
Operational Compliance: Adhere to the directives of LineManager.
Corporate Governance: Follow all relevantoperational procedures and instructions so that work is carried outin a controlled and consistent manner.
Risk Management:Conform to risk policies and procedures to minimize the errorratios and customer frauds.
AML Compliance: Comply withAML and other policies. Ensure to stay updated on all existingrules and changes thereto.
Education, Knowledge,Experience and Skills:
Education Qualifications:Diploma in related studies Higher Secondary SchoolCertificate
Knowledge: International Customs andPractices (UCP600, URR725, ISBP2007, ISP98, URDG758 & URC522) and Swift formats.
Experience: 2 - 4 yrs inDocumentary Credit Operations
Generic &Specific Skills:
Communication
RiskManagement
Computer Literacy
Planning
Kuwait City Kuwait
Trade Finance Letter Of Guarantee Officer Kuwait City Gulf Bank Kuwait City
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