Senior Associate Trade Operations.
About This Role
Job Summary The job holder is responsible for the functioning of all work related to Imports letter of Credit.
Key Accountabilities
- Process all day-to-day activities related to the Import letters of Credit.
- Process issuance of letters of Credit, amendments, correspondences, Insurance entries, expiries, cancellations and maintenance of relevant records.
- Institutional Operations Accurate LC commission, acceptance commissions and all other charges related to imports applied and amount amortized as per bank amortization policy.
- EOD report reconciliation.
- Routing of swifts through swift alliance
- Updating of reports for timely circulation
- Aborted transaction report check
- TI interface report check
Other Accountabilities
- Reconciliation and clearing of suspense entries.
- Month end balancing.
- Arrange for the appropriate referral, if any, in line with the stipulated DOA.
- Attend customers’ calls and emails inquiries about Import letters of Credit.
- Ensure timely dispatch of Imports related instruments and advice to customers/banks as applicable.
- Reconcile relevant Nostro accounts.
- Prepare Imports folders and further supervise the related filing and archiving as appropriate.
- AML/KYC guidelines adherence in team.
Perform any other related tasks assigned by superiors of the unit management.
Key Interactions Competencies
- Adaptability/Flexibility
- Budgets/Cost Control
- Communication
- Dependability
- Integrity/Ethics
- Interpersonal Skills
- Job Knowledge
- Listening Skills
- Problem Solving/Analysis
- Product Knowledge
- Teamwork
Skills
- Ability to interact with internal and external stakeholders
- Ability to work under pressure
- Awareness of local cultural and social factors, and labour law provisions
Education
- Bachelor degree or equivalent
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