The LTR Officer will ensure timely processing and reviewing of LTR requests received from branches and Head Office. . The incumbent will be responsible for checking the correctness of the transaction, reviewing and posting of LTR requests received in line with the banks policy and procedures, audit / procedural standards.
Detailed Roles and Responsibilities
Perform all operational activities as assigned by the Section Head Trade Finance Operations in compliance with local regulations, Doha Bank’s policies and approved policies and procedures.
Receive and check / review the LTR documents for correctness of details in accordance with the descriptions in the schedule.
Adhere to / follow audit, compliance and procedural control measures set by the management with respect to AML initiatives.
Notify the branch / customer on account of any missing documents / details if any, found in the service request.
Generate transaction application (in case if required) with a view to ascertain the financial position of the customer, as applicable to ensure fund availability.
Initiate the lodging of memorandum / liability in the system, to further the generation of sequential reference number.
Promptly respond to and / or escalate the queries raised by Doha Bank Customers / employees to the technical support team / reporting officer, as applicable.
Maintain filing of all documents in the respective LTR files, including but not limited to mail instructions, applications and other supporting documents, in the prescribed order of documents filing.
Liaise with the Administrative / Central Archives representative for transfer of records for archiving to the Archives and Records center, and further retrieval on account for reference, or litigation and / or other reasons, as directed by the reporting officers.
University graduate with a degree in Business or Banking or Finance or any other related discipline.
Master’s degree in Management any other related discipline will be an added advantage.
Experience / Skills
3-5 years’ experience in a similar position.
Experience in Bills for collection operations / processing in banking industry.