CAREER OPPORTUNITY

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Standard Bank Limited is a leading third generation private commercial bank which has a work environment that promotes diversity, embraces change and provides leadership opportunities to every team member. We are on a fast track within the banking industry and are seeking highly skilled professionals to take us even further.

Name of the position: Foreign Trade / Remittance Officers

Designation: EO to FAVP

Job Nature: Full Time

Job Location: Anywhere in Bangladesh

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.

Required Knowledge, Skills and Abilities

  • 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.
  • 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.

Application Procedure:
Prospective individuals are invited to apply online

We are an equal opportunity employer, however reserves the right to accept/reject an/all applications. Any persuasion and falsification shall be treated as disqualification.

Application Deadline: December 15, 2021