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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 |