Assistant Manager – Corporate Ops, LC LG Issuance

🔥 1 minute ago

🇮🇳 India – Remote

⏰ Full Time

🟠 Senior

🔴 Lead

⚙️ Operations

👻 Ghost score 10%

What it means: how likely this posting is sitting open without active hiring.How to read it: 60% or higher means we think this is a ghost. Lower scores are less of a worry.How we score it: age, reposts, open roles vs team size, how fast jobs close, and whether pay is listed.Fine print: an estimate from public data, not a judgment of the company. Real jobs can score high, so treat it as a hint, not a fact.

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Mashreq

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

Founded 1967

🏦 Banking

💸 Finance

💳 Fintech

Banking • Finance • Fintech

Mashreq is a leading financial institution based in the UAE, offering a wide range of banking services including personal, corporate, and investment banking. The bank focuses on providing innovative financial solutions to its customers and has a strong digital banking presence.

📋 Description

• Process LC, Guarantees, Amendments, Cancellations, Closures, Claims and other miscellaneous Trade Finance activities • Authorize transactions in the processing system • Process transactions according to SOPs/OPMs, UCP, ISBP and ISP guidelines • Perform sanction checking of relevant parties in documents • Handle Commodity Trade Operations documents • Input and authorize transactions and prepare/authorize relevant SWIFT messages • Ensure charges are correctly recovered and prevent revenue leakage • Maintain reconciliation of Nostro and internal accounts • Manage customer expectations and work on automation projects • Participate in team huddles and collaborate to resolve issues • Work closely with the onshore unit to ensure seamless client delivery • Close audit observations effectively and promptly • Ensure efficient processing, service-standard adherence and quality service • Act as maker/authorizer for Import LG issuance, amendments and cancellation, and similar Standby Letter of Credit/Claims stages • Follow relevant manuals and procedures during transaction processing • Recommend actions regarding changes in law, ICC rules, government regulations and bank policies • Advise commercial customers on Import, Export and Guarantee Trade Finance transactions • Advise the Product Development Team on Trade Finance activities under international practices, ICC publications, OPM, APPM and local rules • Ensure procedures comply with bank policy and guidelines • Review customer complaints and take immediate action • Achieve MBOs on time • Check shipping documents drawn under Letters of Credit • Promptly process and check FTC product transactions

🎯 Requirements

• Bachelor's Degree • Graduate with thorough and in depth understanding of Trade Finance products and functions • Preferably CDCS • Thorough understanding of Swift, Trade Finance and Financial Operating Systems • General Banking knowledge • At least 9-12 years of relevant working experience in Trade Operations • A minimum of 4-5 years' experience in General Banking and Trade Finance • Expert level knowledge in understanding of Letter of Guarantee and Letter of Credit • Expert level knowledge of accounting entries and UATs • Understanding of amortization principles • Good communication and interpersonal skills