Officer, Trade Operations - Imports & Exports at Standard Chartered Bank

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.
• Advice inability to process immediately to all stakeholders.
• Ensure that issuance of Letter of Credit is in line with local and international standards.
• 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.

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.
• Ensure that all customer queries and requests are responded to within 24 hours after receipt.
• Maintain comprehensive register for all products.
• Monitor and ensure end to end consummation of all processes under my role.
• 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.

go to method of application »

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.
• Advice inability to process immediately to all stakeholders.
• Ensure that issuance of Letter of Credit is in line with local and international standards.
• 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.

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.
• Ensure that all customer queries and requests are responded to within 24 hours after receipt.
• Maintain comprehensive register for all products.
• Monitor and ensure end to end consummation of all processes under my role.
• 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.

go to method of application »

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.
• Advice inability to process immediately to all stakeholders.
• Ensure that issuance of Letter of Credit is in line with local and international standards.
• 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.

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.
• Ensure that all customer queries and requests are responded to within 24 hours after receipt.
• Maintain comprehensive register for all products.
• Monitor and ensure end to end consummation of all processes under my role.
• 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.