KEY PERFORMANCE AREAS Foreign Documentary Transactions (Letter of Credits and Bills for Collection) Letter of Credits (Import)
Receives application form for Letter of Credit
Reviews information for completeness and accuracy with the assistance of Supervisor.
Loads transactions on IMAL for Supervisor for sign-off and review ensuring compliance with International Banking practices, Shariah, ABL's Credit Policies and Exchange Control regulations;
Arrange for documents to be picked up by client.
Process the settlement on Imal and request for funds to be transferred from BSA and obtain Lexis Nexis and then supervisor to review and Manager to approve.
Send invoice and Swift payment message to the client.
Bills for collection (Import)
Receives Import Bills for Collection original documents
Reviews information for completeness and accuracy with the assistance of Supervisor.
Forward copies of documents to client and request application forms
Loads transactions on IMAL for Supervisor for sign-off and review ensuring compliance with International Banking practices, Shariah, ABL's Credit Policies and Exchange Control regulations;
Arrange for documents to be picked up by client.
Process the settlement on Imal and request for funds to be transferred from BSA and obtain Lexis Nexis and then supervisor to review and Manager to approve.
Send invoice and Swift payment message to the client.
Receives Payment Request and Proforma/Commercial Invoice;
Reviews information for completeness and accuracy;
Officer will check for availability of funds in clients account.
Documents are then sent to excon, once approved documents are then emailed to the dealing room to book the rate of exchange. the dealer confirms rate of exchange rate on sale of Currency with client or completes FEC as appropriate
Documents saved on F drive International Banking with all correspondence emails. Payment is then captured on system for sign-off and review by supervisor, ensuring compliance with International Banking practices, Shariah, ABL's Credit Policies and Exchange Control regulations. * Templates to be emailed to BSA to move funds to WTA account and obtain Lexis Nexis and then supervisor approves.
Send Tax invoice and Swift payment message to the client.
Foreign Non Documentary (Telegraphic Transfers) (TTI)
Receives payment via swift verify banking details sends the client an application form with supporting documents, documents are then emailed to EXCON , once the approved documents are then emailed to the dealing room to book the deal.
Documents saved on F drive International Banking with all correspondence emails.
Payment captured on IMal, templates to be emailed to BSA.
Obtain Lexis Nexis and then supervisor to review and approve
Send inward payment advice to the client
General Administration Client
Attends to customer complaints as and when necessary and provides feedback to the relevant parties;
Ensures that all processes are carried out timeously;
Resolves enquiries and queries for external clients where applicable
Monitor emails - fx@albaraka.co.za -
Send spot contract to Clients
Extract report from sharepoint for next day Value of payments.
Check for EDD .
Update GPI tracker.
Monitor swift Alliance for TTI.
Processing of MT 199 ,MT 202 and return of funds.
Capturing TTBs
Internal divisions
Assists with enquiries and queries for internal Departments;
Assists with comments on Shariah / Internal / External audits on Cash transactions and provides feedback.
Department
Ensures that all verifications of transactions are correct;
Ensures that all transactions strictly comply with the Shariah requirements.
Actively participates in the departments projects.
Qualifications
Matric
A diploma or recognised certificate in International Trade would be an advantage
Preferred experience
Minimum of 2 to 5 years' experience of general banking experience, accounting & international trade finance
Al Baraka Bank is an Equal Opportunity Employer. Applicants from the previously disadvantaged groups and people with disabilities will be given preference.