Trade Finance Officer

2 weeks ago


Karachi, Sindh, Pakistan Habib Bank AG Zurich Full time

Direct message the job poster from Habib Bank AG Zurich

*Please note, the job is on-site, however, timings and public holidays will be according to Canadian timings.

Key Responsibilities & Main Duties:

Serving as an Officer of TBS - International Managing Outsource operations of Trade Finance for Canada.

EXPORTS:
  1. Handling all incoming Swift Messages on daily basis
  2. Export LC's and Amendment Advising
  3. Export Bills Acceptance processing
  4. Weekly Reimbursement Claims for Usance L/c Bills
  5. Realization of Export Bills (Based on Nostro statements)
  6. Weekly Follow-ups (Reminder Process)
  7. L/c Confirmation Vetting
  8. Processing of Purchasing/Discounting/Forfaiting/Trade Loan/Confirmation Sell Down Transactions on same value date once Transaction Memos are Approved
  9. Scrutiny And Lodgment of Documents (L/c's and Collections)
IMPORTS:
  1. Vetting and Issuance of Import LC's/ Amendments/Transfer L/c once Application is Scanned by Branch (Received within Cut-Off)
  2. Scrutiny of Import Documents (Received within Cut-Off)
  3. Lodging of Import L/c and Collection Documents (Approved within Cut-Off)
  4. Retirement of Import L/c and Collection Documents (Approved within Cut-Off)
Guarantees (Outward and Inward)
  1. Issuance of LG (Approved within Cut-Off)
  2. Reversal of Expired LG (Approved within Cut-Off)
  3. Amendment/Renewal of LG (Approved within Cut-Off)

- To ensure that all daily activities are completed on same value date.

- Proactively follow up with Foreign Banks and Branch regarding settlement of pending cases

- Miscellaneous Activities (Email and Telephone conversation, General Fund Transfer, L/c And Bill Margin Recovery)

- Assist Team manager in the development and implementation of service quality standards in line with applicable best practices.

Job Specifications

Academic Qualification(s) - Bachelors

Technical / Professional Qualification(s) - CDCS

Relevant Experience - Trade Finance, Structured Products

Technical Knowledge

must be an expert

Knowledge of SystemSeniority level
  • Mid-Senior level
Employment type
  • Full-time
Job function
  • Finance
  • Banking
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