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Commercial Bank Qatar

Requisition ID : 7434

Doha, Qatar

 

QUALIFICATION & EXPERIENCE:

  • Banking degree or equivalent qualifications.
  • 0-2 years of banking experience is required.

 

ROLES AND RESPONSIBILITIES:

  • Process all day-to-day activities related to the letters of Guarantees.
  • Process issuance of letters of Guarantees, amendments, claims, expiries, and cancellations.
  • Ensure applicable pricing rates applied in line with the stipulated CFR.
  • Arrange for the appropriate referral, if any, in line with the stipulated DOA
  • Attend customers’ calls and emails inquiries regarding guarantees business.
  • Handle inquiries from correspondent banks.
  • Ensure timely dispatch of guarantees related instruments and advice to customers/banks as applicable.
  • Prepare swift messages related to payment of correspondent bank charges and encashment of guarantees.
  • Follow up on monthly, quarterly, semi-annually, and annually guarantees commission.
  • Reconcile relevant Nostro/Vostro accounts.
  • Prepare guarantees folders and further supervise the related filing and archiving as appropriate.
  • Follows up for awaiting approval transactions.
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