Unit Head
United Bank Limited
Total years of experience :23 years, 1 Months
Over all centralized import export and bank guarantees unit Head
-SBP Foreign Exchange Instruction's implementation for International Trade Business (import & export)
- Documentary Collection Procedure for export under URC
- Documentary Collection for Letter of Credit UCP 600
- Exchange control policies implementation
- Compliance of SBP' directives
- Implementation and compliance of Bank's Standards Operation Procedures.
- Foreign Exchange Returns.
- KYC & Due deligence of Foreign Currency Accounts
- Attestation, Verification, of Form “E”
- Lodgment of FDBC, FBC, FIBC, FBN / FBD, and retirement of the same
- Preparation of Verification and authentication of EE / EF Statement from SBP independently as per
Rules and regulations under SBP
- Preparation of Proceeds Realization Certificate and exchange rate thereof.
- Preparation of monthly Foreign Exchange Returns & monthly FC Cash return
- All Kind of statement relating to Foreign Exchange department. Etc
- Handle Independently FC cash and other related works.
- Preparation of Refinance Part - II Independently and handling overdue cases at SBP Pre-Adjudication court.
- Establishment of Import Letter of Credit, lodgment, retirement of the same and reporting hereof to SBP.
- Implemented internal control and Compliance program based on variety of reviews to follow “Risk Based” guidelines and techniques.
- Monitored implementation of prudential requirements to determine the effectiveness and reliability of internal controls, service quality standards, accounting data, and efficiency of operations.
- Ensured implementation of bank operational policies and procedures
- Review and evaluate the risk associated with different business segments in the bank
- Non occurrence of SBP violations & safe guarding bank interest from SBP penalties.
- Identify high risk anomalies & report them to higher management after proper probing and establishing facts and figures.
- Review of bank policies and procedural work and suggest action for improvement in them.
- Participation in investigative assignments assigned from time to time.
- Evaluating the reliability, adequacy and effectiveness of accounting, operating and administrative controls.
- Ensuring the bank internal controls result in prompt and accurate recording of transactions and proper safeguard of assets,
- Attestation, Verification, of Form “E”
- Lodgment of FDBC, FBC, FIBC, FBN / FBD, and retirement of the same
- Preparation of Verification and authentication of EE / EF Statement from SBP independently as per
Rules and regulations under SBP
- Preparation of Proceeds Realization Certificate and exchange rate thereof.
- Preparation of monthly Foreign Exchange Returns & monthly FC Cash return
- All Kind of statement relating to the Advances department, Foreign Exchange department. Etc
- Handle Independently FC cash and other related works.
- Preparation of Refinance Part - II Independently and handling overdue cases at SBP Pre-Adjudication court.
- Knowledge of SWIFT Operations and other SWIFT related matters. Punching, verification and authorization of all SWIFT messages.
- Establishment of Import Letter of Credit, lodgment of the same and reporting hereof to SBP.
- Implemented internal control and Compliance program based on variety of reviews to follow “Risk Based” guidelines and techniques.
- Monitored implementation of prudential requirements to determine the effectiveness and reliability of internal controls, service quality standards, accounting data, and efficiency of operations.
Management Decisions regarding import & Export
Import & Export documentation
Allignment with Bank's correspondence