NAFFCO FZCO
Job Overview
Job Description
Roles & Responsibilities
- Analyze and assess bank guarantee applications to ensure compliance with regulatory and internal policies, minimizing risk for the bank.
- Prepare and review documentation related to bank guarantees, ensuring accuracy and completeness before submission to relevant parties.
- Coordinate with clients, internal teams, and external banks to facilitate the timely issuance and amendment of bank guarantees.
- Monitor and manage bank guarantee transactions, tracking expiration dates and ensuring timely renewals or cancellations when necessary.
- Stay updated on market trends, regulatory changes, and best practices in trade finance to enhance service offerings and compliance.
- Resolve disputes and issues related to bank guarantees efficiently by liaising with relevant stakeholders and providing solutions.
- Prepare reports and presentations on bank guarantee performance and trends to support management decision-making.
Desired Candidate Profile
- Bachelor’s degree in finance, business administration, or a related field; a master’s degree will be an added advantage.
- A minimum of 5 years of relevant experience in trade finance, with a strong focus on bank guarantees and international trade.
- Experience in a banking environment or financial institution that specializes in trade finance products is preferred.
- Proficient in using trade finance software and banking systems to manage processes and documentation effectively.
- Detail-oriented with a high degree of accuracy in managing documentation and transactions.
- Excellent communication and interpersonal skills to build and maintain relationships with clients and stakeholders.
- Ability to work independently and as part of a team in a fast-paced, deadline-driven environment.
Job Detail
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Offered Salary3400 AED-4600 AED
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Job RoleSpecialist
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Experience3 Years
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GenderBoth
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INDUSTRYBanking
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QualificationBachelor Degree