EmployIQ

Operations Manager

وقت كامل

Employ Iraq

recruitment

الوصف 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.

  • تاريخ الفتح 15 مايو، 2024
  • الموقع Baghdad, العراق
  • الراتب None
  • الجنسية national