Trade Finance and Documentation Coordinator
Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) Q.P.J.S.C
Total years of experience :12 years, 4 Months
+Handling all traditional Trade Finance functions (i.e. Issuing/Receiving Letter of Credits, Standby Letters of Credit, Banker’s Guarantees, Tender Bonds, Short Term Funding, Import Collection, Export Negotiation as well as follow up on redemption of guarantees and LOIs etc).
+Responsible for issuance, advising, confirmation and discounting of import and export Documentary LCs and SBLCs.
+Gathering and analyzing confirmation rates from various banks for de-risking country risk on export LC or counterparty risk.
+Reporting of bank positions related to trade finance facilities, charges applied and line utilization.
+Liaising with and providing advice to different teams/departments.
+LC’s and SBLC’s checking and approving sales orders for OK to ship.
+Export Documents Checking and documents preparation.
+Dealing with banks for discrepancy resolution.
+Liaising with sales and accounts department for timely getting payments from client.
+Proficient in Microsoft Office (Excel, Outlook, Word)
+Well organized, self-motivated with ability to use initiative and manage own workload without close supervision
+Ability to examine issues and propose workable solutions to resolve
+Accurate and timely data inputting and administration
+Ability to work to strict deadlines
Commercial Bank Of Qatar: (Behalf of - Tata Consultancy Services Qatar, Mar -2017 to Dec-2017 and Commercial Bank Innovation Services, Since Dec 17 to till now) - Project Implementation Consultant.
Chief Tasks Handling:
Working for Mid-Office Trade finance, Client : Commercial bank of Qatar, Location: Doha.
Handling Payments, Export bill under LC, Inward/Outward Collection, Trade Loan, , Risk participation (Funded & Unfunded), Bank guarantee and Syndication financing (LC/BG)
Manage customer relations with regards to the various Trade Finance services.
Handled local and international guarantees, claims, short term loans, LC and non LC refinance.
Coordinating with onshore and offshore team.
Liaising with Credit Administration, Relationship Managers (RM) and other inter-bank departments.
Liaising with the customer and the processing team for the clarification and the delivery of the final products.
Update customer information/CFR conditions in the system.
Coordination for the pricing of international guarantee and the provision of credit facilities.
Develop and present daily update reports to management.
Handling other trade desk in the absence of concerned officer.
Re-engineered the department process to increase efficiency and eliminate potential file
Management errors, Document Management Workflow
• Responsible for Letter of Credit Issuance, Guarantee Issuance, Payments, Handling Export LC documents and Collection Documents (DA/DP).
• Expert in Document Checking (Letters of Credit) For Export and Import Transactions.
• A well versed knowledge in UCP600, ISBP745 and international Trade principle and practices.
• Handling Trade Finance and Corporate Banking Department, liaison with banks for smooth processing the transaction, arrangement of facility from different banks on competitive rate.
• Knowledge and experience in handling commercial documents in International trade.
• Have maintained an excellent productivity with a very good accuracy of checking of
all types of document transactions.
• Solving queries of other team members
• Preparation of various MIS Reports.
• Handling Letter of Credit Issuance, Documents checking, Buyers Credit issuance, Bills under LC scrutinizing, Remittances, Credit and Compliance review, Acceptances and Bill lodgement,
• In-depth understanding of Trade Finance, Trade products - Trade facilities, Letter of credit, Bank Guarantee, Limit setup and Limit checking, Import Bill Under LC, Buyers Credit, LC Advising, Payments, Swift Messages.
• Preparation of various MIS Report, Reconciliation of various GL at bank level.
• Understanding of ICC guidelines like UCP600, ISBP, INCOTERMS 2010, knowledge of International Trade principles and practices, Handling Compliance.RBI Guidelines and regulation.
• Strong analytical skills with ability to quickly interpret data & facts to arrive at meaningful conclusions and assess the business / financial prospects of the borrowers.
• Strong interpersonal skills, ability to work independently and excellent communication skills
• Ability to assimilate a large amount of information and make effective decisions on a wide range of issues.
• A strong desire to achieve outstanding customer service.
• Resilience under pressure and be able to work efficiently in order to meet aggressive deadlines.
Documentary Credit, Buyers credit, Bills under LC and Collection Bills, Document scrutiny, Client handling etc.
• Understanding of ICC guidelines like UCP600, ISBP, etc. knowledge of International Trade principles and practices.
• Strong analytical skills with ability to quickly interpret data & facts to arrive at meaningful conclusions and assess the business / financial prospects of the borrowers.
• Strong interpersonal skills, ability to work independently and excellent communication skills
• Proven ability in team leadership, people and resource management
• Ability to assimilate a large amount of information and make effective decisions on a wide range of issues.
• A strong desire to achieve outstanding customer service.
• Deals with Financial Statements, Bank Reconciliation, AP/AR etc.
• MIS Reports.
CERTIFIED DOCUMENTARY CREDIT SPECIALIST
Finance , Marketing and Project Management. Volunteering for Management week 2009. and win many appreciation awards at college level.
Bachelor Degree in Commerce stream.