Job Overview
Job Description
Key Accountabilities
Process all the day to day activities related to the letters of Guarantees.
Process issuance of letters of Guarantees, amendments, claims, expiries, and cancellations.
Processing of all Arabic Guarantees E2E process.
Ensure applicable pricing rates applied in line with the stipulated FCR.
Arrange for the appropriate referral, if any, in line with the stipulated DOA
Attend customers’ calls and emails inquiries with regard to guarantees business.
Other Accountabilities
Handle inquiries from correspondent banks.
Ensure timely dispatch of guarantees related instruments and advices to customers/banks as applicable.
Prepare swift messages related to payment of correspondent bank charges and encashment of guarantees.
Follow up on monthly, quarterly, semi-annually, and annually guarantees commission.
Reconcile relevant Nostro/Vostro accounts.
Prepare guarantees folders and further supervise the related filing and archiving as appropriate.
Follows up for awaiting approval transactions.
Maintain CFR conditions into TI
Perform any other related tasks assigned by superiors of the unit management.
Skills
Key Interactions
Transaction Banking
Credit
Risk
Legal
Credit Admin
Reconciliation
MIS & QCB reporting
AML & CFT unit
Competencies
Adaptability/Flexibility
Budgets/Cost Control
Communication
Dependability
Integrity/Ethics
Interpersonal Skills
Job Knowledge
Listening Skills
Problem Solving/Analysis
Product Knowledge
Teamwork
Education
Bachelor degree in Banking/Business or equivalent