• QNB Bank careers | Officer Trade Finance Operations, Kuwait

    QNB Bank careers | Officer Trade Finance Operations, Kuwait

    Location: Kuwait
    Published:

    Job Description

    You will work on Trade Operations (Import, Export Letters of Credit, Guarantees and Bills for collection) outline standards to ensure high quality of service to customers on time. You will be responsible as well for complying with the International Chamber of Commerce rules and to Bank’s policies and procedures. In addition you'll process Import and 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 Bank’s clients.

    Furthermore, ensuring that the trade finance activities are conducted strictly with banking credit line granted to the customer, organizing, supervising and directing activities of bills processing, import and export financing, establishment of letter of credit and attends to customer’s inquiries. Also observe all related applications and documents presented by customer are in accordance with the Policy as well as supervise work of all bills staff to ensure all activities of the business unit are carried out in compliance with policies, rules and regulations.

    Duties and Responsibilities

    Your main responsibilities in this role include the following:

    • Assist in meeting units’ budget, controlling costs and achieving targeted levels of processing volumes.

    • Act within the limits of the powers delegated to the incumbent

    • Maintain activities in accordance with Service Level Agreements (SLAs) with internal departments/ units to achieve improvements in turn-around time, with respect to corporate credit processing.

    • Build and maintain strong and effective relationship with all other related departments and units to achieve the Group’s goals/objectives.

    • Provide timely and accurate information to the external and internal auditors and the Compliance function as and when required

    • Ensure Services of Foreign Trade Operations are delivered in a timely, efficient and cost effective manner.

    • Review and check customer’s application and process all completed document on each applicable stage as well as work on dispatching funding request to Funding Section, check repayment advice in order to ensure the transaction of both import and export businesses are processed timely and correctly and comply with both Internal and external (SAFE) policies

    • Follow up overdue import/export bills and deal with customers to resolve problems relating to discrepancies spotted on import/export bills

    • Ensure consistency in processes, controls and standards for each of the identified areas of work to eliminate all possible risks to bank and the customers.

    • Support the Corporate Banking Team efforts to provide efficient and prompt services to our customers in order to increase volume of business and income.

    • Liaise with internal and external customers in order to ensure that their needs are met in a timely and accurate manner.

    • Maintain high professional approach and relations with correspondent banks to ensure maximum co-operation in problem resolution or responses to inquiries.

    • Provide technical advice and consultancy services to customers, help to plan training seminars to the employees of prime customers in order to safeguard our customers against fraud and money laundering transactions.

    • Keep abreast of changes and ensure that International Chamber of Commerce Rules practices in Foreign Trade Operations and QNB Policies and Procedures are strictly adhered.

    • Prepare and submit reports to Senior Management to monitor workflow and income.

    • Conduct the record maintenance/ filing of signed application, all supporting documents etc. to be in proper place.

    • All other ad hoc duties and/or activities related to QNB that management may request of the employee from time to time

    • Ensures high standards of confidentiality and ethics to safeguard any commercially sensitive or personal information


    Job Requirements

    • University graduate preferably with a Major in Banking, Finance, Accounting, Economics, Business Administration or Information Technology (related field of study).

    • At least 2 years relevant experience in Foreign Trade Operations (Import, Export Letters of Credit, Guarantees and Bills for collection).

    • Technical knowledge of International Chamber of Commerce Rules, relating to Foreign Trade.

    Job Specific Skills

    • Operations (UCP, ISP, URR, Incoterms, URDG and URC, current revisions).

    • Good oral and written communication skills both local and English language.

    • Understanding of systems.

    • Good understanding of the type of products and services required and expected by customers.

    • Up-to-date knowledge of changing procedures & systems.

    • High attention to details and ability to multi-task.

    • High organization skills and ability to work independently using good business judgment

    Job Details

    Company/Organization: Qatar National Bank - QNB

    Employment Type: Full-time Job

    Job Functions: Operations, Finance

    Job Location: Kuwait

    Application Deadline: 05 January 2019

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