Follows all relevant departmental policies, processes, standard operating procedures and instructions so that work is carried out in a controlled and consistent manner.
Follows the day-to-day operations related to own job to ensure continuity of work.
Verifies and releases all types of Letters of Guarantee according to policies, procedures and adhere to the relevant regulatory instructions and requirements.
Verifies customer limits and conditions in order to ensure that LG applications abide by these conditions.
Routes LGs beyond limits to the relevant parties as per authority matrix in order to obtain/or not authorization and proceed with the transaction accordingly.
Verifies and releases LCs for corporate customers ensuring quality, speedy driven and efficient operations.
Verifies customer limits and conditions in order to ensure that LC applications abide by these conditions.
Receives export LCs from corresponding banks, and verifies LC that are in line with conditions and liaise with front-line staff (e.g., Relationship Manager) to advise customer.
Receives and verifies documents from remitting banks, in order to ensure completeness and proceed with the transaction, seeking guidance and advice where necessary.
Verifies and releases the documents in order and enter into the system and maintain accessibility.
Identifies and report potential breaches in the operation, in order to contribute to their solution and avoidance.
Runs all the controls in place, which are applied through a consistent and streamlined structure, in order to achieve high quality processing and high turnaround delivery of service.
Contributes to the identification of opportunities for continuous improvement of processes and practices taking into account international best practice, improvement of business processes, cost reduction and productivity improvement.
Assists in the preparation of timely and accurate reports of Riyad Bank to meet company and department requirements, policies and standards.
Complies with all relevant safety, quality and environmental management policies, procedures and controls to ensure a healthy and safe work environment.
Performs other related duties or assignments as directed.
Qualifications
Bachelor's degree in Business with preferably a specialization in Finance or Accounting.
4-6 years relevant experience in the banking sector.
Language: English: Advanced.
Required Skills
Proficiency in trade products and related international and local rules.
Ability to perform the required tasks.
Achievement of the assigned objectives.
Knowledge of all updated issues relating trade finance.
Preferred Skills
Communication Excellence: The knowledge, skills and ability to listen to others and express oneself in a clear and effective manner that helps achieve the desired results.
Digital Orientation: The knowledge, skills and ability to use digital technologies, concepts and methodologies that solve problems, innovate, communicate and collaborate.
Service Excellence: The knowledge, skills and ability to understand, anticipate and respond proactively to the concerns and needs of internal and external customers, acting required to address them.
Risk Orientation: The knowledge, skills and ability to anticipate and manage the various types of risks that may adversely impact on the organization, our customers, our people and our shareholders.
Stakeholder Management: The knowledge, skills and ability to listen to, engage with and understand the needs of stakeholders, using this knowledge to build a coalition to get agreement on what to do and manage expectations.
Building High-Performance: The knowledge, skills and ability to manage and review the performance of individuals and teams against goals and expectations, taking corrective action when necessary by guiding, motivating and developing them.
