Senior Associate - Trade Operations.COE Pak - FTC - Exports.Operations Group-PAKCOE

Mashreq Careers; Pakistan; On-site; PKR 1,200,000 - 2,000,000; Full time

Job summary

Mashreq Careers in Pakistan seeks a Senior Associate in Trade Operations to manage guarantees, amendments, cancellations, closures, claims and related activities. You will authorise transactions per SOPs and ICC guidelines across Trade Finance for various business segments. Bachelor’s degree and 3–4 years in Trade Operations are required, with strong knowledge of import payments, accounting entries and UATs.

Qualifications

• Bachelor's Degree
• 3–4 years of relevant experience in Trade Operations
• Expert knowledge of Import Payments (Trust Receipts, Advance Payments, Funded Risk Participations)
• Expert knowledge of accounting entries and UATs
• Understanding of amortization principles
• Good communication, team management and interpersonal skills
• Proficiency in MS Office (Word and Excel)and attention to detail

Responsibilities

• Ensure processing adheres to SOP/OPMs and UCP/ISBP/ISP where applicable; manage charges per guidelines
• Perform sanction checks of relevant parties in documents
• Handle Commodity Trade Operations documents
• Authorize/input transactions into processing system and prepare/authorize SWIFT messages
• Handle ad-hoc tasks from Team Head
• Share knowledge gaps with line manager to address customer service issues
• Prevent revenue leakage from charges and ensure no Nostro or internal account reconciliation gaps

Skills

Communication skills

MS Office

Attention to detail

Analytical skills

Teamwork

Interpersonal skills

Pressure handling

Education

Bachelor's Degree

Tools

SWIFT processing

Nostro accounting

ERP systems

Job description

Senior Associate - Trade Operations.COE Pak - FTC - Exports.Operations Group-PAKCOE

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Job Description

The incumbent will be responsible for Guarantees, Amendments, Cancellations, Closures, Claims and Other Miscellaneous activities as per Bank’s internal policies, SOP’s as well as ICC guidelines and authorising the transactions in the processing system. The coverage will be all the areas of Trade Finance for various business segments

Key result Areas

• All processing should be as per SOP/OPM’s and UCP/ISBP/ISP as applicable and charges recovery to be as per the extant guidelines.
• Perform sanction checking of relevant parties in documents
• Handle Commodity Trade Operations documents
• Responsible for authorizing/inputting transactions into the system and prepare/authorize relevant SWIFT messages
• Ad-hoc tasks given by the Team Head
• Ensure errors/knowledge gaps are shared with line manager/team to address customer service issues.
• No revenue leakage due to miss out in charges collection
• No outstanding reconciliation entries pending in Nostro or Internal accounts.

Knowledge, skills and experience

• Bachelor's Degree
• At least 3-4 years of relevant working experiences in Trade Operations
• Expert level knowledge in Understanding of Import Payments (Trust Receipts, Advance Payments, Funded Risk Participations)
• Expert level knowledge of accounting entries and UATs.
• Understanding of amortization principles
• Good communication skills, Team Management and interpersonal skills
• Proficiency in MS Office (Word and Excel)
• Attentive to details, good analytical skills and interpersonal skills
• Able to work under pressure, excellent organizational skills and good team player.