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Standard Chartered Bank Job for an Officer, Trade Operations - Imports & Exports

Feb 2, 2017, 11:22 AM
Standard Chartered Bank Nigeria - We attract talented individuals. Not only can they give you the benefit of their experience, they also reveal a closer, more personal look at the wide range of global opportunities we offer. At the core of the Group's people strategy is our focus on employee engagement. Engagement is a key driver of productivity and performance, which creates the foundation of our performance culture. We are recruiting to fill the position below: Job Title: Officer, Trade Operations - Imports & Exports Job ID: 544165 Location: Lagos, Nigeria - SCB Job Function: COO Regular/Temporary: Permanent Full/Part Time: Full time Job Purpose
  • Ensure smooth functioning of LC payments.
  • Organization of work flow to achieve maximum productivity.
  • Ensure that LC related products/applications/documents are processed against laid down procedures, service standards and key control standards.
  • Ensure compliance of all internal procedures, operational controls local regulation and ICC rules.
Import Letters on Credit:
  • Ensure that claims on LCs are promptly attended to.
  • Ensure that the DOI is followed in processing and continuously reviewed to reflect current operations. Seek dispensation for all non compliance.
  • Follow through with the advising bank and ensure that LC are advised promptly and provide clarifications where required.
  • Advice inability to process immediately to all stakeholders.
  • Ensure that issuance of Letter of Credit is in line with local and international standards.
Export Letters of Credit:
  • Letters to be advised same day if authenticity of the message is established.
  • Ensure same day TAT on chasing and settlement of proceeds.
  • Ensure revenue is realized on received export LCs.
  • Process and dispatch documents within 24hours of receipt
Reconciliations:
  • Monitor Nostro reports for prompt closure of pending items.
  • Ensure that payment requests with complete documentation are treated in line with SLA to avoid ageing of deal in FX recons/EPAD.
  • Submission of reconciliation daily by 5 p.m
  • Provide all necessary assistance to ensure nil overdue items in reconciliations.
Reports:
  • Trade Pending.
  • Daily DTR305 reports.
  • Daily status report on FX recons.
  • Unutilized LC report.
  • Clean running reports.
General:
  • Processing customer transaction in line with agreed SLA.
  • Monitor and ensure end to end consummation of all processes under my role.
  • Ensure that all customer queries and requests are responded to within 24 hours after receipt.
  • Maintain comprehensive register for all products.
  • Adequate start of day and end of day processes to ensure operational safety.
  • Track and follow through for successful delivery of all transaction processed.
Qualifications and Skills
  • University qualification with a minimum of a second class degree.
How to Apply Interested and qualified candidates should: Click here to apply

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Business and Finance 
Banking Standard Chartered Bank Nigeria Lagos State