Foreign Trade / Remittance Officers

Job Description

Title: Foreign Trade / Remittance Officers

Company Name: Standard Bank Limited

Vacancy: Not specific

Job Location: Dhaka

Employment Status: Full-time

Educational Requirements:
∎ Post-Graduation in any discipline (preferably in business background) from any reputed University having no 3rd division/class or CGPA less than 2.75 in any examination.

Experience Requirements:
∎ At least 4 year(s)

Job Responsibilities:
∎ Having comprehensive knowledge in foreign trade (Import/ Export/ Remittance) business operations, documentations along with foreign trade regulations act, ICC publications (UCP/URR/URC etc.) and guidelines of Bangladesh Bank for foreign trade transactions.
∎ Advising of Export L/C (Both Local and Foreign).
∎ Checking of Export L/C & opening of Back to Back L/Cs against the same as per entitlement.
∎ Scrutiny of related import documents lodgment, obtaining acceptance & confirming maturity date against Back to Back L/Cs.
∎ Negotiation of Export Documents and passing of vouchers thereof.
∎ Opening and payment and transfer of L/C.
∎ Preparation & checking of all vouchers related to all transaction related to export & import bills settlement including recovery of profits, commission and charges.
∎ Preparation for issuance of WEDB.
∎ Exchange house related business handling.
∎ Process cash incentive/Duty Draw back cases within the set rules & Regulation.
∎ Ensure proper & timely correspondences in relation to FED With concerned parties/ authorities.
∎ Monitoring all statutory submission & compliances of all governing requirements with the proper authority/ departments.
∎ Checking, monitoring and ensuring proper documentation against sanction limits and compliances of all terms and conditions of the clients.
∎ Preparation of Monthly Commodity Statement, Proof sheet, monthly, quarterly and half yearly statement .
∎ Posting of On-Line Exp Monitoring in the On-Line Export Management System of Bangladesh Bank.
∎ Issuance of FTT & FDD from ERQ Account for business development.
∎ Good at handling and reporting of airlines remittance as per regulatory guidelines
∎ Preparation and timely submission of all kinds of related statement to the concerned authorities.
∎ Executing any other duties as and when required by the Management or Line Manager.

Additional Requirements:
∎ Age at most 40 years
∎ Should have at least 04 years of experience in any scheduled bank, to be well conversant with extensive exposure in Foreign Exchange & Trade Finance desk at Branch/Head Office.
∎ Skilled in Foreign Exchange & Trade Finance Management - Overall knowledge on ICC publications UCP/ URC/ URR/ Incoterms etc and guidelines of BB for Forex transactions.
∎ Professional qualifications are preferable.
∎ Computer literacy & fluency in English is desirable
∎ Age not exceeding 40 years as on November 30, 2021.

Salary: Negotiable

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 15 Dec 2021

Company Information:
∎ 1 Dec 2021
∎ Standard Bank Limited

Category: Bank/Non-Bank Fin. Institution

:

Source: bdjobs.com

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