Sr. Officer - Reconciliation
Bank Boubyan
Total years of experience :17 years, 0 Months
Daily Reconciliation and Investigation of NOSTRO Accounts including CBK (Central bank of Kuwait) NOSTRO account.
Review of unmarked entries of NOSTRO and follow up with respective units/branches/banks on daily basis.
Transferring of unclaimed DD (Demand Draft) outstanding from more than six month to unclaimed DD suspense account and inform all the related stakeholders.
Prepare Statistical Analysis and Aging Report on weekly basis.
Timely escalation of all outstanding entries
Send MT-940/940 for all VOSTRO account
Reconcile K-net Account on daily bases and investigate shortage and excess of K-net Account.
Investigate and resolve claims related to point of sale (POS) and internet banking (KPAY) transactions.
Reconcile ATM (Deposit/Withdrawal) and investigate cash shortage or excess.
Coordinate with Business, IT, Call Center, CPD and branches and insure timely payment of ATM/CDM claims.
Investigate claims receive from other banks from all over Kuwait and insure timely settlement.
Make Western Union reconciliation and settlement on daily basis.
Send weekly statistical reports and discussed all system related issues with stakeholder like IT or Business to minimize them in future.
Prepare weekly dashboard report of reconciliation department for GM.
Prepare monthly statistic report of reconciliation department for management.
Responsible to manage Boubyan Bank operations intranet site, design on SharePoint.
Perform credit analysis, evaluating risk factors and industry trends. Review credit applications from all credit areas.
Prepare Credit Proposals, industry analysis and credit opinion with recommendations for approval or decline.
Provide customer support services and assist the Customer Relationship Manager and Branch Manager in marketing and delivery of Asset products and services.
Coordinate with customer and resolve issues related with security documentation Credit Policy of the Bank.
Ensure disbursement to the customers as per approved credit lines
Maintain front line relationship with existing and potential client
Performing Disbursements and Adjustments of various Clients.
Prepare Credit Line Proposals
Disbursements and Adjustments
Trade Finance LC (Sight/Usance) entails routing Export Documents of customers on Collection Basis, against L/C and processing of documents while opening L/C.
Perform Account Opening function including AML / KYC data collection while following the Policies & Procedures Manual on Account-opening and AML / KYC guidelines of the Bank.
Clearing function including Inward, Outward, Intercity and OBC.
Preparation and record maintenance of Cheque Books.
Inward and Outward Remittances.
Preparation and record maintenance of term deposit.
Perform and maintain Safe Deposit Locker Operations.
ATM Reconciliation.
Daily Perform Call Back Function.
Upkeep of all files and documents for Internal, External, and SBP Audits.
Worked in following sections:
Consumer Finance - Remittance - Foreign Currency Account - General Banking - Trade And Services
Worked in following sections:
- Annual Inventory audit - Annual Inventory Audit of Pharma Care - Receivables - Payables - Costing - Cash - Payroll - Completed Fixed Assets Register
MBA (Banking and Finance) From Mohammad Ali Jinnah University with CGPA of 3.08 (2007-2008)
BBA (Banking and Finance) From Mohammad Ali Jinnah University with CGPA of 3.25 (2004-2007)