• Gulf Bank Kuwait Careers | LG Officer

    Gulf Bank Kuwait Careers | LG Officer

    Location: Kuwait City, Kuwait

    Job Description

    Gulf Bank of Kuwait is currently recruiting for the role of LG Officer

    To perform various standard and specialized processing /clerical duties regarding LC, LG, Collection & Bills in order to initiate processing, liquidation, discounting and acceptance.

    Duties and Responsibilities

    Your main responsibilities in this role include the following:

    • 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.

    Job Requirements

    • Diploma in related studies / Higher Secondary School Certificate

    • International Customs and Practices (UCP600, URR725, ISBP2007, ISP98, URDG758 & URC 522) and Swift formats.

    • 2 - 4 yrs in Documentary Credit

    Job Details

    Company: Gulf Bank of Kuwait

    Employment Type: Full-time

    Job Location: Kuwait City, Kuwait