Asst.Relationship Manager / Unit Head Trade Fin.Dept.
Barwa Bank
Total years of experience :27 years, 7 Months
Trade Finance Department - (From 01-Nov-2013 till present)
Unit Head (Negotiations/Settlements) Section (Import/Export LC/Collection)
• Approve bill’s negotiations, i.e., review checked documents for the authenticity of cleanness and/or discrepancies processed by subordinate staff.
• Approve bill settlements matured for payment.
• Approve Trade Murabaha deals after settlement of the bill in accordance with the approved facilities of customers.
• Approve issuance of Shipping Guarantees/Delivery order in accordance with the Trade policy and procedure as and when required.
• Periodical reporting of bill activities for the Management
• One of the Authorized-Signatories of Barwa Bank for Trade Finance department, also approve transactions related to syndicated and outbound LGs.
• Also act as joint replacer of the Manager TFD during his leave.
Business Bank Group - (From 08-Jan-2012 to 31-Oct-2013)
Assistant Relationship Manager
Joined Barwa Bank as Assistant Relationship Manager in Business Banking Group that cover SME and semi corporate sector. My job was to manage and assist the Relationship Managers in enhancing the existing/new commercial portfolio and relationships in order to meet the pre-set financial / non-financial objectives. The following core activities were under my responsibilities.
• Develop comprehensive list of key information necessary to support the finance approval recommendation.
• Prepare credit proposals and, perform review of credit facilities.
• Monitor appropriate reports to remain informed of work flow, past dues, upcoming loan maturities, covenant compliance, etc
• Support and assist customers in utilization of facilities in accordance with the approval.
• Communicate with clients to collect past due accounts.
• Serve as the backup RM.
However due to my expertise in Trade and Operations I was transferred to Trade finance department to assist and support Trade team.
SPECIAL PROJECT IN BARWA BANK
• Jointly with Head of Transaction Banking Barwa Bank conducted a Trade Finance Customer’s Workshop titled “Global Trade Trends and Challenges” presented by Mr. Vincent O’Brien an Executive Committee member of the ICC. The workshop was quite successful in terms of fetching business and retaining and promoting customer base.
• Supervise Trade Finance Operations of Doha Islamic with the full adherence of internal policy and procedures related to;
• Issuance of Letter of Credits and requested amendments with due diligence after thoroughly checking for workability.
• Scrutiny of Import Documents.
• Issuance of Shipping Guarantees/Delivery Orders whenever required.
• Issuance Letters of Guarantees (Tender, Performance, Advance Payment, Payment, Facility as well as Counter Guarantees) to corporate as well as retail customers with the full adherence of internal policies and procedures.
• Processing of Inward/Outward clean/Documentary bills for collections.
• Performed reconciliation of central branch as well as NOSTRO accounts for Doha Islamic Branches.
• Ensured full assistance to Financial Control Department for periodical reconciliation / balancing of various suspense accounts, sundry accounts, preparing reports related to non funded exposure of Doha Islamic and processing of all financial control transactions.
• Liaised with auditors in the course of audit and subsequently rectify the irregularities accordingly.
SPECIAL PROJECT IN DOHA ISLAMIC
• Prepared Sharia’h compliant TARIFF OF CHARGES for Doha Islamic Trade Finance Operations, that has become one of the Bank’s policies.
• Proposed workflows for Murabaha based LCs, Mudaraba based LCs and Musharaka based LCs.
ACCOLADE IN DOHA ISLAMIC
• Letter of Appreciation on preparing Sharia’h compliant Tariff of Charges for Doha Islamic Trade Finance Operations.
o Associated with Foreign Exchange Department, handling foreign currency accounts (periodical balancing, disbursement of periodical profit/interest, monthly revaluation).
o Prepared various financial statements.
o Making monthly accrual entries of profit & loss.
o Trade Finance Operations that consisted of;
o Issuance of Letter of Credits (Sight & Usance).
o Issuance of LC amendments with due diligence.
o Scrutiny of Import Documents, settlements of Import Bills (Sight & Usance).
o Issuance of Shipping Guarantees/Delivery Orders when necessary.
o Inward Clean/Documentary Bills of collections handling.
o Reconciliation of Foreign Exchange Transactions (FET) in timely manner which were associated with the reconciliation of NOSTRO accounts.
o Retail/Consumer Banking, recommending officer for NBP Advance Salary Scheme in which preparation and scrutiny of loan cases, preparation of legal/charged documents and disbursement of loans subject to the fulfillment of all the requirements advised by the controlling authority. Follow up of delinquent loans and recovery of advances.
o Incharge/Liaison Officer for NDFC affairs after the amalgamation of NDFC (National Development Finance Corporation) with National Bank of Pakistan. Liaise and handle customer’s queries (corporate and individuals) with their ample satisfaction.
o Preparation of all types of periodical Returns (financial statements) that also included Annual Closing Returns and State Bank (Central Bank) Returns.
o Western Union Coordinator (F.L.A. Front Line Associate).
o Preparation and disbursement of monthly payroll of the Branch’s staff.
o Handling of staff matters (personnel and administrative).
Post Graduate Diploma in Islamic Banking & Insurance
GPA: 3.42
2nd Division
2nd Division