Senior Officer Import
5 days ago
Role Summary
you will be able to process Export Letters of Credit in accordance with international rules and regulations in a way that supports the business units and ensures a good working relationship with the Group’s clientsRole Description
Comply with all relevant policies/ procedures to enable timely identification and resolution of processing errors/ duplicate processing/ suspicious transactions and thereby help avoid the incidence of financial/ reputation loss for the Group.
- Provide adequate and efficient Export L/Cs Issuance services to internal customers and thereby help them serve external customers in a more efficient manner, resulting in increased external customer satisfaction levels.
- Build and maintain strong relationships with all the other related departments to achieve the Group’s goals/ objectives.
- Provide adequate technical support and assistance with respect to Export L/Cs related transactions, as and when required.
- Ensure handling of Export Letters of Credit with strict compliance to Group’s policies and procedures and International Chamber of Commerce Rules.
- Verify accuracy of all transactions before authorizing, in order to secure the position of QNB and its clients.
- Authorize transactions for export letters of credit, amendment, and cancellation, releasing documents, and payment within the limit as per the credit policy.
- Verify Swifts of transactions relating to Export Letters of Credit.
- Provide periodical reports of issued and outstanding Export letters of credit, to the Assistant Manager Export LCs to enable him to monitor the workflow and income.
- Recommend changes and improvements to policies and procedures pertaining to letter of credit issuance and monitoring.
- Negotiate/ deal with complex letter of credit terms for L/Cs at sight, acceptances, transfers and back-to-back L/Cs.
- Support International Branches and Subsidiaries
**Qualifications**:
- Bachelor Degree in Business, Finance or Accounting.
- Minimum 7 years of experience in Foreign Trade Operations
**Required Special Skills**:
- Must have loan servicing industry experience.
- Thorough understanding of Letter of Credit concepts.
- General understanding of lending principles.
- Excellent written and oral communication skills in English (and Arabic preferably).
- Must be detailed and multi-task oriented.
- Organized and able to work independently using good business judgment.
- Excellent communication skills.
- Excellent leadership skills.
- Support International Branches & Subsidiaries
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