Officer (Processor-Trade Finance)

Job Description We are currently looking for Officer (Processor-Trade Finance) for our UAE operations Education: • Diploma / Bachelor’s 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 bank’s 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 Bank's 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)