Purpose:
-To perform various standard and specialized processing /clerical duties regarding LC, LG, Collection & Bills in order to initiate processing, liquidation, discounting and acceptance.
Accountabilities:
• Processing: Initiate processing of LC, LG, Collection & Bills in the system to generate LC/LG Instrument / Arrival notifications and / or refusal advices to correspondent for discrepant documents and thereby obtain accurate financial data related to LC/LG/Coll and documents.
•Settlement Processing: Process settlement of collection, bills & claims following approved policies and procedures and ensuring approval according to credit delegation.
•Data Entry: Clear outstanding entries in Nostro accounts and close utilized LG/LCs on the system, so that data is well organized.
• Customer Relations: Attend customer queries and respond with required information, ensuring adequate closure for all related queries.
• Document Management: Release documents to customer by acknowledgment of receipt and maintain adequate follow-up with customers on discrepant documents concerning their refusal / acceptance of documents.
Generic Accountabilities:
•Operational Compliance: Adhere to the directives of Line Manager.
• Corporate Governance: Follow all relevant operational procedures and instructions so that work is carried out in a controlled and consistent manner.
• Risk Management: Conform to risk policies and procedures to minimize the error ratios and customer frauds.
•AML Compliance: Comply with AML and other policies. Ensure to stay updated on all existing rules and changes thereto.
Education, Knowledge, Experience and Skills:
•Education / Qualifications: Diploma in related studies / Higher Secondary School Certificate
•Knowledge: International Customs and Practices (UCP600, URR725, ISBP2007, ISP98, URDG758 & URC 522) and Swift formats.
•Experience: 2 - 4 yrs in Documentary Credit Operations
•Generic & Specific Skills:
•Communication
•Risk Management
•Computer Literacy
•Planning
Apply Online
-To perform various standard and specialized processing /clerical duties regarding LC, LG, Collection & Bills in order to initiate processing, liquidation, discounting and acceptance.
Accountabilities:
• Processing: Initiate processing of LC, LG, Collection & Bills in the system to generate LC/LG Instrument / Arrival notifications and / or refusal advices to correspondent for discrepant documents and thereby obtain accurate financial data related to LC/LG/Coll and documents.
•Settlement Processing: Process settlement of collection, bills & claims following approved policies and procedures and ensuring approval according to credit delegation.
•Data Entry: Clear outstanding entries in Nostro accounts and close utilized LG/LCs on the system, so that data is well organized.
• Customer Relations: Attend customer queries and respond with required information, ensuring adequate closure for all related queries.
• Document Management: Release documents to customer by acknowledgment of receipt and maintain adequate follow-up with customers on discrepant documents concerning their refusal / acceptance of documents.
Generic Accountabilities:
•Operational Compliance: Adhere to the directives of Line Manager.
• Corporate Governance: Follow all relevant operational procedures and instructions so that work is carried out in a controlled and consistent manner.
• Risk Management: Conform to risk policies and procedures to minimize the error ratios and customer frauds.
•AML Compliance: Comply with AML and other policies. Ensure to stay updated on all existing rules and changes thereto.
Education, Knowledge, Experience and Skills:
•Education / Qualifications: Diploma in related studies / Higher Secondary School Certificate
•Knowledge: International Customs and Practices (UCP600, URR725, ISBP2007, ISP98, URDG758 & URC 522) and Swift formats.
•Experience: 2 - 4 yrs in Documentary Credit Operations
•Generic & Specific Skills:
•Communication
•Risk Management
•Computer Literacy
•Planning
Apply Online
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