Responsibilities :
Review, verify, and process letters of credit (issued and incoming) in compliance with international standards, local laws, and bank policies.
Prepare and follow up on related correspondence, including bonded warehouse deposits, insurance policies, and shipping guarantees.
Coordinate with customers, branches, and correspondent banks regarding documents, discrepancies, and payments to ensure smooth processing and high-quality service.
Manage settlements of credits and drafts, including deferred and guaranteed credits, while ensuring compliance with approvals and facility terms.
Collect fees and commissions, obtain necessary approvals for restricted-country transactions, and ensure proper documentation and filing of credit files.
Monitor and follow up on insurance coverage, cancellations, and administrative requirements to safeguard the bank's rights.
Support business continuity and crisis recovery plans as an active/alternate team member.
Requirements
- University degree in Administrative and Banking Sciences or any related field.
- Minimum of 4 years of experience in letters of credit operations, and standby LC .
- Full proficiency in English (spoken and written).
- Very Good knowledge of international standards, regulations, and local laws related to letters of credit, and ability to keep up with updates.
- Proficiency in computer use and applicable systems.
- Strong communication and interpersonal skills.
- Accuracy and attention to detail.
- Ability to work effectively within a team.
- Ability to work under pressure
