Senior Associate-Trade Operations

Job Summary

The job holder is responsible for the functioning of all work related to Imports letter of Credit.

• Process all day-to-day activities related to the Import letters of Credit.
• Process issuance of letters of Credit, amendments, correspondences, Insurance entries, expiries, cancellations and maintenance of relevant records.
• Institutional Operations Accurate LC commission, acceptance commissions and all other charges related to imports applied and amount amortized as per bank amortization policy.
• EOD report reconciliation.
• Routing of swifts through swift alliance
• Updating of reports for timely circulation
• Aborted transaction report check
• TI interface report check
• Document movement in Documentum
• Check all the swift queues for rejected swifts at EOD.
• Filing and despatching of LCs i.e., customer copies, insurance co. letters, swift copies etc.
• Follows up for awaiting approval transactions.
• Reconciliation and clearing of suspense entries.
• Month end balancing.
• Arrange for the appropriate referral, if any, in line with the stipulated DOA.
• Attend customers’ calls and emails inquiries about Import letters of Credit.
• Ensure timely dispatch of Imports related instruments and advice to customers/banks as applicable.
• Reconcile relevant Nostro accounts.
• Prepare Imports folders and further supervise the related filing and archiving as appropriate.
• AML/KYC guidelines adherence in team.

• Bachelor’s degree is required.

• 3 to 5 years of banking experience is required.
• Ability to collaborate and communicate effectively.
• Ability to interact with internal business units and external customers in a multi-cultural environment.
• Ability to work under pressure.
• Computer and MS office skills.
• Fluent English is required.
• Arabic language is a plus
• Knowledge of banking processes and back-office support is a plus.
• Knowledge of the banking sector in Qatar and the region is a plus.