Skills and Experiences
Job No: 1900000O
To perform various standard and specialized processing /clerical duties regarding LC, LG, Collection & Bills in order to initiate processing, liquidation, discounting and acceptance.
- 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.
- 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 / 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:
- Risk Management
- Computer Literacy
Primary Location: Kuwait
Job: Entry Level Jobs
Full-time, Day Job
Apply directly by clicking the below link:
LG Officer @ Gulf Bank
To view other jobs posted today Click here