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Mashreq

Associate - Ops-Imports MGN Egypt

Posted 11 hours ago
0-2 years experience
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AI Summary

The incumbent will manage import operations and miscellaneous trade finance activities in accordance with internal policies and ICC guidelines. Responsibilities include authorizing transactions, performing sanction checks, and ensuring accurate reconciliation of Nostro and internal accounts.

Job Purposes

The incumbent will be responsible for Imports 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 1-1.5 years of relevant working experiences in Trade Operations

  • 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 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.


The leading financial institution in MENA
While more than half a century old, we proudly think like a challenger, startup, and innovator
in banking and finance, powered by a diverse and dynamic team who put customers first.
Together, we pioneer key innovations and developments in banking and financial services.
Our mandate? To help customers find their way to Rise Every Day, partnering with them through
the highs and lows to help them reach their goals and unlock their unique vision of success.
Delivering superior service to clients by leading with innovation, treating colleagues with dignity and fairness while pursuing opportunities that grow shareholders value. 
We actively contribute to the community through responsible banking in our mission to inspire more people to Rise.

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