Key Responsibilities

Receive all the related documents to LCs and notify the importer who reviews and uses them to take possession of the goods from the port.

Receive IBC’s applications or FX requests that indicate that customer needs to pay the value of IBCs document using the bank’s resources.

Check the letter of credit’s and IBCs terms, conditions and goods description to ensure that it is in compliance with the bank’s policies and Sharia.

Review and ensure that the following points are clearly indicated in LCs or IBCs to ensure that all data are complete and accurate:

Applicant’s and beneficiary’s full names and addresses

Amount and currency

Terms of payment and delivery

Origin and port of shipment and destination, partial and transshipment

L/C’s number

Value of shipped goods

Goods description and authorization to debit A/C

Client’s approval to pay any shipping fees, penalties or fines

All required documents and additional conditions mentioned in the LC application/annex

Receive and check any amendment in the letter of credit, either through “SWIFT” or “Airmail” in order to check its level of authenticity.

Check the client’s position and take part in setting approvals for any increase or extension.

Check the availability of sufficient balance in the client’s account to ensure that it covers the required commission and charges.

Check black list for the involved parties or countries to ensure that they are outside the list and reduce the overall level of risk.

Prepare letters of credit in accordance with the terms specified and transmit them to the advising bank in addition to requesting the same bank in order to get credit advice.

Prepare and check monthly exhibit for all the outstanding opened letters of credit.

Prepare CBE reports on weekly basis, outstanding letters of credit, letters of credit on monthly basis and the original shipping documents.

Deliver confirmation letter and attachments to customer delegated representative against signature on a copy of the letter.

Send SWIFT copies to the related branch to be delivered to customers.

Execute debiting and crediting processes in the bank’s “NOSTRO” on the Trade Wind System.

• Process all items in order to achieve quality standards of service and accuracy.
• Processes all trade and documentary collection instruments under the supervision of both senior officer and team leader.

Communicate with the trade department via mail in order to confirm that the equivalent funds exist in the customer’s account.

• Respond to any daily inquiries and requests received from branches and other units under the supervision of both senior officer and team leader.

Re-scrutinize the documents and obtain approvals for data on “Trade Wind” as well as any additional necessary approvals or signatures as per delegation matrix.

Scan the covering schedule and send it via e-mail to the branch operations officer or the branch trade officer in order to be signed at the branch and dispatched to the collecting bank by courier.

Keep the original instructions to be sent to stores for archiving and kept according to the retention period.

• Keep customer file in fireproof cabinet under dual control.
• Register the documents in a special register.
• Prepare MIS accurately in order to meet the target time.
• Execute UAT testing and review the results to ensure correct implementation.
• Investigate to solve received complaints in cooperation with Consumer Rights Protection – Compliance & Governance – in accordance with the policies and procedures and identified SLA.
• And any other assigned Tasks.

Minimum Qualification

sBachelor degre

e
Minimum Experienc

• e:Junior Officer: 1-2 years of relevant experien
• ceOfficer: 2-5 years of relevant experien
• ceSenior Officer: 5+ years of relevant experien

ce
Job-Specific Knowledge & Skill

• s: Preferred previous internship experience/ university activiti
• es.Very good command of MS Word & MS Exc

el.