Job Description
The Middle Office Assistant Manager/Manager is supporting the commodity trade business segment, in monitoring the transactional flow of documents according to approved credit conditions. The officer also performs documentary checking of the trade and supporting documents.
- Initiate and send trade requests for approval/noting.
- Manage a portfolio of commodity trade borrowers.
- Handle LCs including Back-to-Back (BBLC), Front-to-Back (FBLC), LC against export collection sand LC against open-account sale transactions
- Matching/transfer required documents, monitoring of rejection and/or acceptance of both Import and Export settlements
- Co-ordinate and control the switching of Bills of Lading within the approvals per the AA and transaction request.
- Give instruction to Operation teams to utilize the export proceeds to settle the related import LC/financing, if applicable.
- Oversee the transactional requests and document ha...