Officer In Charge, Exports
The Saudi British Bank - Sabb
Total years of experience :36 years, 11 Months
Jerddah and Riyadh offices
Advising, confirming Exports DCs, negotiating/checking Export Bills, releasing funds to beneficiary, pre-shipment & post shipment financing (DC/non-DC), financing against Confirmed Orders, Transfer of Export DCs to 2nd beneficiary, and negotiation with substitution; Reconciliation of Nostro/Vostro accounts.
visiting SABIC (Saudi Arabian Basic Industries) offices to educate complied presentations, compliance of Anti-money Laundry, Audit Compliance, SABB service standards, assisting Exp Mgr in business development, or any special assignments; been a Coordinator in successful introduction of Islamic Products (procedure and workflow) in the department.
Coordinting with Manager with respect to 4 subortdinate staff leave, training, and other admin affairs
Scrutiny/approval of Imp DCs and Amendments, Collection of Margins or marking down customer line of business, following up and ensuring adequate insurance coverage for goods imported,
SAMA reports, audit compliance, anti-money laundry compliance, and preparing Receiprocity Reports.
Coordinting with Manager with respect to 3 subortdinate staff leave, training and other admin affairs
Checking of Imp/Exp Bills, Settlement of Bills, and Remsittance to presenting banks, Issuance of Shipping Gty, AWB endorsements, follow up Past Due Bills, Reconciliation of Nostro/Vostro accounts, Receiprocity Reports, Physical balancing of Bills and Securities, correspondence with banks and customers