Assistant Manager – Corporate Ops, LC LG Issuance

• Process LC, Guarantees, Amendments, Cancellations, Closures, Claims and other miscellaneous Trade Finance activities
• Authorize transactions in the processing system
• Process transactions according to SOPs/OPMs, UCP, ISBP and ISP guidelines
• Perform sanction checking of relevant parties in documents
• Handle Commodity Trade Operations documents
• Input and authorize transactions and prepare/authorize relevant SWIFT messages
• Ensure charges are correctly recovered and prevent revenue leakage
• Maintain reconciliation of Nostro and internal accounts
• Manage customer expectations and work on automation projects
• Participate in team huddles and collaborate to resolve issues
• Work closely with the onshore unit to ensure seamless client delivery
• Close audit observations effectively and promptly
• Ensure efficient processing, service-standard adherence and quality service
• Act as maker/authorizer for Import LG issuance, amendments and cancellation, and similar Standby Letter of Credit/Claims stages
• Follow relevant manuals and procedures during transaction processing
• Recommend actions regarding changes in law, ICC rules, government regulations and bank policies
• Advise commercial customers on Import, Export and Guarantee Trade Finance transactions
• Advise the Product Development Team on Trade Finance activities under international practices, ICC publications, OPM, APPM and local rules
• Ensure procedures comply with bank policy and guidelines
• Review customer complaints and take immediate action
• Achieve MBOs on time
• Check shipping documents drawn under Letters of Credit
• Promptly process and check FTC product transactions

• Bachelor's Degree
• Graduate with thorough and in depth understanding of Trade Finance products and functions
• Preferably CDCS
• Thorough understanding of Swift, Trade Finance and Financial Operating Systems
• General Banking knowledge
• At least 9-12 years of relevant working experience in Trade Operations
• A minimum of 4-5 years' experience in General Banking and Trade Finance
• Expert level knowledge in understanding of Letter of Guarantee and Letter of Credit
• Expert level knowledge of accounting entries and UATs
• Understanding of amortization principles
• Good communication and interpersonal skills