Trade Finance Officer
2 weeks ago
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:- Handling all incoming Swift Messages on daily basis
- Export LC's and Amendment Advising
- Export Bills Acceptance processing
- Weekly Reimbursement Claims for Usance L/c Bills
- Realization of Export Bills (Based on Nostro statements)
- Weekly Follow-ups (Reminder Process)
- L/c Confirmation Vetting
- Processing of Purchasing/Discounting/Forfaiting/Trade Loan/Confirmation Sell Down Transactions on same value date once Transaction Memos are Approved
- Scrutiny And Lodgment of Documents (L/c's and Collections)
- Vetting and Issuance of Import LC's/ Amendments/Transfer L/c once Application is Scanned by Branch (Received within Cut-Off)
- Scrutiny of Import Documents (Received within Cut-Off)
- Lodging of Import L/c and Collection Documents (Approved within Cut-Off)
- Retirement of Import L/c and Collection Documents (Approved within Cut-Off)
- Issuance of LG (Approved within Cut-Off)
- Reversal of Expired LG (Approved within Cut-Off)
- 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 SpecificationsAcademic Qualification(s) - Bachelors
Technical / Professional Qualification(s) - CDCS
Relevant Experience - Trade Finance, Structured Products
Technical Knowledgemust be an expert
Knowledge of SystemSeniority level- Mid-Senior level
- Full-time
- Finance
- Banking
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