Senior Associate - Trade Operations (Mashreq Global Network Pakistan)

Mashreq, , Pakistan, Pakistan

30+ days ago

Job description

Overview

Senior Associate - Trade Operations (Mashreq Global Network Pakistan). The incumbent will be responsible for Guarantees, Amendments, Cancellations, Closures, Claims and other miscellaneous activities as per Bank’s internal policies, SOPs as well as ICC guidelines and authorizing the transactions in the processing system. The coverage will be all the areas of Trade Finance for various business segments.

Responsibilities

All processing should be as per SOP / OPM’s and UCP / ISBP / ISP as applicable and charges recovery to be as per the extant guidelines.
Perform sanction checking of relevant parties in documents.
Handle Commodity Trade Operations documents.
Responsible for authorizing / inputting transactions into the system and prepare / authorize relevant SWIFT messages.
Ad-hoc tasks given by the Team Head.
Ensure errors / knowledge gaps are shared with line manager / team to address customer service issues.
No revenue leakage due to miss out in charges collection.
No outstanding reconciliation entries pending in Nostro or Internal accounts.

Knowledge, Skills and Experience

Bachelor's Degree.

At least 3-4 years of relevant working experience in Trade Operations.

Expert level knowledge in Understanding of Import Payments (Trust Receipts, Advance Payments, Funded Risk Participations).

Expert level knowledge of accounting entries and UATs.

Understanding of amortization principles.

Good communication skills, team management and interpersonal skills.

Proficiency in MS Office (Word and Excel).

Attentive to details, good analytical skills and interpersonal skills.

Able to work under pressure, excellent organizational skills and good team player.

Seniority level

Associate

Employment type

Full-time

Job function

Finance

Industries

Banking

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Senior Associate • , , Pakistan, Pakistan