Mashreq
Website:
mashreq.com
Company:
https://www.linkedin.com/company/mashreq-uae
Seniority: Not Applicable
Industries: Banking
Job details:
Job Purposes - The incumbent will be responsible for Payments, Risk participation and Other Miscellaneous activities as per Bank’s internal policies, SOP’s as well as ICC guidelines and authorising the transactions in the processing system. The coverage will be all the areas of Trade Finance for various business segments
Key Result Areas - All processing should be as per SOP/OPM’s and UCP/ISBP/ISP as applicable and charges recovery to be as per the extant guidelines.
- Perform sanction checking of relevant parties in documents
- Handle Commodity Trade Operations documents
- Responsible for authorizing/inputting transactions into the system and prepare/authorize relevant SWIFT messages
- Ad-hoc tasks given by the Team Head
- Ensure errors/knowledge gaps are shared with line manager/team to address customer service issues.
- No revenue leakage due to miss out in charges collection
- No outstanding reconciliation entries pending in Nostro or Internal accounts
Knowledge, Skills and Experience - Bachelor's Degree
- At least 2-4 years of relevant working experiences in Trade Operations
- Expert level knowledge in Understanding of Export LC Payments, Discounting’s and Risk participations
- Expert level knowledge of accounting entries and UATs.
- Understanding of amortization principles
- Good communication skills, Team Management and interpersonal skills
- Proficiency in MS Office (Word and Excel)
- Attentive to details, good analytical skills and interpersonal skills
- Able to work under pressure, excellent organizational skills and good team player.
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