Associate, L/C

Business Specific

a) Processing: Initiate processing of LC, LG, Collection & Bills in the system to generate LC/LG Instrument / Arrival notifications and/or refusal advises to correspondent for discrepant documents and thereby obtain accurate financial data related to LC/LG/Col and documents.

b) Settlement Processing: Process settlement of collection, bills & claims following approved policies and procedures and ensuring approval according to credit delegation.

c) Data Entry: Clear outstanding entries in Nostro accounts and close utilized LG/LCs on the system, so that data is well organized.

d) Customer Relations: Attend customer queries and respond with required information, ensuring adequate closure for all related queries.

e) Document Management: Release documents to customer by acknowledgment of receipt and maintain adequate follow-up with customers on discrepant documents concerning their refusal / acceptance of documents.

f) Others: Daily report related for follow-up.

Generic

f) Operational Compliance: Adhere to the directives of Line Manager.

g) Corporate Governance: Follow all relevant operational procedures and instructions so that work is carried out in a controlled and consistent manner.

h) Risk Management: Conform to risk policies and procedures to minimize the error ratios and customer frauds.

i) AML Compliance: Comply with AML and other policies. Ensure to stay updated on all existing rules and changes thereto.