QNB1317 - Officer, Import & Export
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Business UnitQNB - Qatar
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DivisionOperations
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DepartmentOperations
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CountryQatar
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Closing Date31-May-2015
About QNB
Established in 1964 as the country’s first Qatari-owned commercial bank, QNB Group has steadily grown to become the largest bank in the Middle East and Africa (MEA) region.
QNB Group’s presence through its subsidiaries and associate companies extends to more than 31 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is more than 28,000 serving up to 20 million customers operating through 1,000 locations, with an ATM network of 4,300 machines.
QNB has maintained its position as one of the highest rated regional banks from leading credit rating agencies including Standard & Poor’s (A), Moody’s (Aa3) and Fitch (A+). The Bank has also been the recipient of many awards from leading international specialised financial publications.
Based on the Group’s consistent strong financial performance and its expanding international presence, QNB currently ranks as the most valuable bank brand in the Middle East and Africa, according to Brand Finance Magazine.
QNB Group has an active community support program and sponsors various social, educational and sporting events.
Role Summary:
Process Export Letters of Credit in accordance with international rules and regulations in a way that supports the business units.
Role Description:
Process ordinary transactions relating to advising, amendment and cancellation of Export Letters of Credit and ensure work accomplishment.
Input transactions for advising, confirmation, amendment and cancellation of Export Letters of Credit on a timely basis.
Settle value of documents, sight, usance, in same value dates ensuring full funding coverage with FX, Treasury and Credit Department to avoid loss due to delay of payment interest.
Advise and add confirmation to certain export letters of credit that include special terms and conditions such as Oil and Gas transactions.
Prepare vouchers for commissions, charges and contingent liabilities.
Deal with clients on routine operational issues for advising of Export Letters of Credit and handling of documents. Dispatch export letters of credit and related documents to clients and Banks.
Communicate with Banks by Swifts/ Telexes for transactions relating to Export Letters of Credit. Release negotiated documents to correspondent Banks.
Provide periodical reports of opened and outstanding Export L/C to the Head of Import & Export L/Cs for him to monitor the workflow.
Prepare and submit reports to the Head of Import & Export L/Cs to monitor workflow and income in addition to the monthly and quarterly reports.
Qualifications
You will be a University graduate in Business, Finance or Accounting.
You will have a minimum of 4 years of experience in Export Letters of Credit.
Please consider that QNB will only accept direct applications - No applications from recruitment agencies will be considered.
Note: you will be required to attach the following:
- Resume/CV