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
