Operations Manager
وقت كاملالوصف الوظيفي
Operations Manager with an extensive experience in LCs/LGs and Transfers
Provide professional input into the organization of a sound “documentary credit unit” to support the Bank’s activities which will include but will not be restricted to the following components:
• Handling all forms of Letters of Credit including the issuance, confirming, advising, negotiating, and amending.
• Handling documentary collections including incoming and outgoing collections and remittances as well as acceptances and validations.
• Issuing, amending, and liquidating all types of letters of guarantee (bid bond; performance; payment; standby and counter guarantees).
• Examination of documents/other claims presented under letters of credit and other trade instrument to determine their compliance to the terms and conditions set out in the instrument.
• Ensure relevant entries are passed including all the contingent liability entries and monitor all the relevant GLs to ensure they reflect the correct information.
• Understand the dynamics of clean payments under trade finance, and able to support this function as and when required.
• Coordinating and reconciling customer accounting system with the general ledger in Finance Department.
• Preparing accurate accounting and other reports for the information of Management
Requirements :
• Bachelor’s degree and post graduate degree in Business Administration, Banking, Finance, or related subject from a recognized University. A professional qualification, like Certified Documentary Credit Specialist (CDCS) or other relevant qualification is an added advantage ( Not Mandatory ), and if backed up by appropriate Banking experience.
• Sound experience of at least 5 years with a reputable Banking organization, of which at least 3 years has been in the Trade Services operations area in Managerial positions, Letters of Credit, Bills for Collection and Guarantees in addition to managing the daily operations related to Inward/Outward Transfers ( ACH, RTGS ), Loans deposits Policies and Procedures, Account Maintenance , Credit Operations Auctions.
• Good knowledge of SWIFT application and the relevant message types applicable to Trade Services.
• Excellent verbal and written communication skills in English and Arabic.
• Good team spirit and ability to function effectively in a documentary credits segment in a complex banking environment. Willingness and ability to work extra hours when necessary to meet tight deadlines.
• The candidate must demonstrate experience and knowledge of managing back-office operations in a complex banking, and change oriented environment
• Ability to operate in a culturally diverse and change oriented setting.
• Liaises with customers daily and coordinates with counterparts across bank, as necessary, acting as a first point of contact for routine queries.
• Mentors, motivates, and coordinates junior resources in own area, including providing technical guidance and supervising their daily activities.