CLERK - LOANS DEPARTMENT , RBD AND TRADE FINANCE
Commercial Bank Of Kuwait
Total years of experience :12 years, 5 Months
Loan Department - Clerk
“Personal, consumer, long term and short term”
• Receiving and process in the system all request for new loan’s.
• Compiled and prepared loan applications, legal documents and letters, government notices, closing documents, and checks
• Coordinated with credit bureaus, employers of the applicants, and other sources, in order to ensure the credibility of the applicants, and their ability to pay back the loan within the agreed time frame
• Updated and maintained payment records, executed closing procedures, and forwarded findings and reviewed credit reports to the loan appraisal department
• Interviewed the applicants to obtain background information, including their financial condition, and assisted them in the completion of loan procedures
• Verify and examine information and accuracy of loan application and closing documents
• Assemble and compile documents for loan closing, such as title abstract, insurance forms, loan forms.
• Record applications for loan and credit, loan information and disbursements of funds, using computers.
• Submit loan applications with recommendation for underwriting approval.
• Check value of customer collateral to be held as loan security.
Retail Banking Division Sector - Clerk
“Cheque, Corporate Salary, Telex and KYC ( know your customer ) ”
• Receive '' inward and outward '' cheques and cash for deposit, verify amounts, and check accuracy of deposit slips.
• Examine '' inward and outward '' cheques for endorsements and to verify other information such as dates, bank names, identification of the persons receiving payments.
• Receive salary certifications verify amounts, information and signature.
• Approve / Reject salary certification .
• Processing Telex application throw the system per the instruction given by customer.
• Sending SWIFT msg's
• Processing KYC application throw the system per the instruction given by customer.
• Amend K.Y.C application.
Trade Finance Sector - Clerk
“Letter of Guarantee (L/G) Depts. ‘Local & Foreign (Abroad) Guarantees”
• Receiving and process in the system all request for new Guarantee " issuance & amendment ".
• Cancels Guarantees that expired & authorized to be cancelled.
• Delivers & dispatch finished Guarantees and amendment to the Applicant or the Beneficiary.
• Handling Customers, explaining the method of work & the benefits they could get by the services that the dept. can provide. Clarify the commission and fees that they will bare it.
• Communicate with/contact Local & solve problems & cases that accrue between the banks & customers & 3rd parties.
• Check the customer’s credit ability by certain banking analysis and calculations that enables them to deal with the bank.
• Dealing with the banks Corporate & Credit Administration Departments.
• Dealing with the banks Financial Control & Planning Department.
• Investigations
• Investigate & follow up certain cases & problems that emanate through the work process.
• Train new staff the work procedure & their responsibilities, work requirements & work ethics
Finance Department - Finance Officer
• Administered everyday operations for managing accounts according to company procedures.
• Assisted finance manager and worked with external auditors to prepare financial reports.
• Analyzed all invoice reports and informed supervisor of al invoices processes.
• Maintained communication with clients and monitored all un cleared cheques for same.
• Managed customer issues regarding invoices such as specific transactions and changes made in invoices.
• Developed and documented standard operating procedures.
• Maintained inventory and recorded cost of all goods sold.
• Administered all account receivables and prepared quarterly and monthly reports.
• Prepared monthly financial statements and analyzed it on a regular basis.
• Coordinated with finance Manager.
Keep customers current accounts deposits payable on demand.
Granting loans for short-term customers to ensure they present of guarantees or securities or commercial paper or personal guarantees.
Do some special services such as securities: buy and sell securities and preservation, collection
of coupons on behalf of clients or paid on behalf of the companies.
Discount commercial paper or collected within a period of maturity or repay the notes payable on behalf of clients.
Opening letters of credit and the issuance of letters of guarantee.
Buying and selling of foreign currencies
Focusing on understanding all the process of Finance and Banking Department purpose &
processes, filing for Financial Papers.
The ability to perform banking transactions that take place within the banks either in the center or in the main branches efficiently.
The ability to perform special operations to grant credit and banking facilities efficiently.
Ability to perform the operations associated with the domestic financial markets and international efficiently.
The ability to carry out their own marketing commercial banks efficiently.
Ability to personal contact with others efficiently and effectively.
Ability to use computer applications related efficiently.
Ability to work in practice banking Islamic efficiently.
2007-2012 Higher Institute of Business Administration-Syria-Damascus. (Graduated) Major:Finance and Banking. GPA in major 76