Job Description

QNB

Senior Associate Guarantees

Job id: 563091

24 Jan 2025

Job Location

Qatar

Experience

10 to 15 years

Qualification Level

Graduate

Job Function

Administration / Commercial Operations
Banking / Financial Services

Skillset

development activities ,Swifts/ Telexes of transactions

Jobseeker Nationality

Only Nationals of the Country for which the Job is posted

Essential Duties & Responsibilities by Dimensions
A. Shareholder & Financial:

- Implements KPI’s and best practices for Senior Associate, Guarantees role.

- Act within the limits of the powers delegated to the incumbent.

- Promote cost consciousness and efficiency and enhance productivity, to minimise cost, avoid waste, and optimise benefits for the bank.

B. Customer (Internal & External):

- Provide adequate and efficient transactions in relating to the Guarantees to internal customers and thereby help them serve external customers in a more efficient manner, resulting in increased external customer satisfaction levels.

- Build and maintain strong and effective relationships with all the other related departments to achieve the Group’s goals/ objectives.

- To assist customers in all their queries on Bank’s product and seek solution to their requests.

- Maintain activities in accordance with Service Level Agreements (SLAs) with internal departments/units to achieve improvements in turn-around time.

C. Internal (Processes, Products, Regulatory):

- Process and handle domestic and international bank guarantees with strict compliance to Group’s policies and procedures and International Chamber of Commerce Rules.

- Process transactions for issuing of guarantees, amendment, cancellation, lodgment of claims and payment within the limit as per the credit policy.

- Handle Swifts/ Telexes of transactions relating to bank guarantees.

- Prepare periodical reports of issued and outstanding guarantees on behalf of customers, and Banks and report them to the Assistant Manager Guarantees

- Liaise inside and outside the department in order to improve service quality and for Bank Guarantees services.

D. Learning & Knowledge:

- Keep abreast of changes in International Chamber of Commerce/ relevant URDG rules and local/ international laws and regulations affecting trade finance operations relating to guarantees.

- Identify areas for professional development of self and act to enhance professional development of self.

- Ensure high standards of confidentiality to safeguard commercially sensitive information.

- Proactively identify areas for professional development of self and undertake development activities.

- Seek out opportunities to remain current with all developments in professional field.

Education and Experience Requirements
- Bachelor degree University Graduate/preferred with a Major in Marketing, Banking, Finance, Accounting, Economics, Business Administration or Information Technology (related field of study)

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