Key Accountabilities
Process all day to day activities related to the letters of Guarantees.
Process issuance of letters of Guarantees, amendments, claims, expiries, and cancellations.
Ensure applicable pricing rates applied in line with the stipulated CFR.
Arrange for the appropriate referral, if any, in line with the stipulated DOA
Attend customers’ calls and emails inquiries with regard to guarantees business.
Handle inquiries from correspondent banks.
Ensure timely dispatch of guarantees related instruments and advices to customers/banks as applicable.
Skills
Other Accountabilities
Prepare swift messages related to payment of correspondent bank charges and encashment of guarantees.
Follow up on monthly, quarterly, semi-annually, and annually guarantees commission.
Reconcile relevant Nostro/Vostro accounts.
Prepare guarantees folders and further supervise the related filing and archiving as appropriate.
Follows up for awaiting approval transactions.
Maintain CFR conditions into TI
Perform any other related tasks assigned by superiors of the unit management
Education
- Bachelor degree in Banking/Business or equivalent