Officer /Processor-Trade Finance/

Job Description

We are currently looking for Officer (Processor-Trade Finance) for our UAE  operations

Education:

  • Diploma / Bachelor’s Degree

Professional / Technical Qualifications / Diplomas:

  • Conversant with basic banking and trade finance terminologies
  • Knowledge on UCP (latest version), Inco-terms, ISBP, URC (latest version), Uniform Rules for reimbursement URR (latest version), URDG and ICC opinions and preferably CDCS (Certified Documentary Credit Specialist)

Experience:

  • 2 - 3 years’ experience in trade finance or in banking

Other Skills Required for the Job:

  • Good Communication skills
  • High proficiency in business writing
  • Strong analytical and problem solving skills
  • Working knowledge of IT applications
  • Customer Service
  • Team Work
  • Proficiency in MS-Office – Word, Excel, Power Point
  • Ability to multi-task and capability to deal with pressure
  • Familiar with the bank’s policies and procedures

Duties and Responsibilities:

  • Ensure the customer applications / requests received are time-stamped, duly completed and signed.
  • Process trade transactions (end-to-end) as per the existing Standard Operating Procedures ensuring all activities are completed within the agreed turn-around times with a high degree of accuracy.
  • Process Letters of Credits, Guarantees and Collections in accordance with international rules and regulations in a way that supports the business units and ensures a good working relationship with Bank's clients.
  • Ensure to prepare a checklist for all transactions and appropriate approvals are obtained for any deviations from the Standard Operating Procedures.
  • Maintain files and update correspondences by recording systematically to ensure efficient retrieval of documents.
  • Identify bugs/flaws and propose improvements in systems/ processes to enhance efficiency.
  • Secure thorough knowledge on processing of all Trade products and self-train to perform assigned tasks effectively.
  • Monitor charges and commissions by maintaining records either manually or via systems for follow-up and recovery.
  • Monitor and review Nostro statements on incoming funds for settlement and charges.
  • Provide privileged client service to all internal and external queries responding to all emails and phone calls.
  • Provide technical advice and consultancy services to internal and external clients by safeguarding bank and customers against fraud and money laundering transactions.
  • Pass manual vouchers for transactions, if necessary.

 

Joining time frame: 2 weeks (maximum 1 month)

Original job Officer /Processor-Trade Finance/ posted on GrabJobs ©. To flag any issues with this job please use the Report Job button on GrabJobs.
Back to blog

Common Interview Questions And Answers

1. HOW DO YOU PLAN YOUR DAY?

This is what this question poses: When do you focus and start working seriously? What are the hours you work optimally? Are you a night owl? A morning bird? Remote teams can be made up of people working on different shifts and around the world, so you won't necessarily be stuck in the 9-5 schedule if it's not for you...

2. HOW DO YOU USE THE DIFFERENT COMMUNICATION TOOLS IN DIFFERENT SITUATIONS?

When you're working on a remote team, there's no way to chat in the hallway between meetings or catch up on the latest project during an office carpool. Therefore, virtual communication will be absolutely essential to get your work done...

3. WHAT IS "WORKING REMOTE" REALLY FOR YOU?

Many people want to work remotely because of the flexibility it allows. You can work anywhere and at any time of the day...

4. WHAT DO YOU NEED IN YOUR PHYSICAL WORKSPACE TO SUCCEED IN YOUR WORK?

With this question, companies are looking to see what equipment they may need to provide you with and to verify how aware you are of what remote working could mean for you physically and logistically...

5. HOW DO YOU PROCESS INFORMATION?

Several years ago, I was working in a team to plan a big event. My supervisor made us all work as a team before the big day. One of our activities has been to find out how each of us processes information...

6. HOW DO YOU MANAGE THE CALENDAR AND THE PROGRAM? WHICH APPLICATIONS / SYSTEM DO YOU USE?

Or you may receive even more specific questions, such as: What's on your calendar? Do you plan blocks of time to do certain types of work? Do you have an open calendar that everyone can see?...

7. HOW DO YOU ORGANIZE FILES, LINKS, AND TABS ON YOUR COMPUTER?

Just like your schedule, how you track files and other information is very important. After all, everything is digital!...

8. HOW TO PRIORITIZE WORK?

The day I watched Marie Forleo's film separating the important from the urgent, my life changed. Not all remote jobs start fast, but most of them are...

9. HOW DO YOU PREPARE FOR A MEETING AND PREPARE A MEETING? WHAT DO YOU SEE HAPPENING DURING THE MEETING?

Just as communication is essential when working remotely, so is organization. Because you won't have those opportunities in the elevator or a casual conversation in the lunchroom, you should take advantage of the little time you have in a video or phone conference...

10. HOW DO YOU USE TECHNOLOGY ON A DAILY BASIS, IN YOUR WORK AND FOR YOUR PLEASURE?

This is a great question because it shows your comfort level with technology, which is very important for a remote worker because you will be working with technology over time...