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

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