Settlement Supervisor - Trade Finance- QNB, Qatar

 Settlement Supervisor - Trade Finance- QNB, Qatar

Role Summary: You will be responsible and accountable for assisting managing the Import L/Cs Settlement function in the Group by ensuring the timely settlement of the import L/Cs in a way that supports the business units and ensures a good working relationship with the Group’s clients.

Role Description: 

Ensure that the information disclosed to the stakeholders with respect to settled import LCs is complete, accurate and provided on a timely basis.

Liaise with Group Compliance on QCB related compliance issues, as and when required.

Act as liaison to banks, beneficiaries, attorneys, clients.

Liaise with internal and external clients in order to meet their needs in a timely and accurate manner.

Coordinate with QNB Section Heads and Managers involved in transactions relating to Import Letters of Credit settlement to ensure efficient handling of operations.

Supervise and oversee the daily and monthly balancing of Trade Finance Operations records to reflect the actual liabilities of QNB and clients.

Coordinate with QNB Managers to ensure that outstanding balances of project finance clients do not exceed limits, and dues/ past dues are followed-up on daily basis.

Prepare and submit reports to manager settlement to monitor workflow and income in addition to the monthly and quarterly reports.

Ensure efficient processing and handling of Import Letters of Credit settlement with strict compliance to QNB policy and procedures and International Chamber of Commerce Rules.

Verify accuracy and correct processing of all section work before authorizing, to secure the position of QNB and its clients.

Verify Swifts of transactions relating to settlement Import Letters of Credit.

Supervise staff of Import Letters of Credit Settlement Unit

Review settlement value of documents, sight, acceptance, DCF and past dues in same value dates ensuring full funding coverage with FX and Credit Dept. to avoid loss due to delay of payment interest.

Ensure timely reconciliation of the branch's accounts with the local regulator, local/ foreign banks and ensure that there are no outstanding entries for rectifications for a long period.

Monitor all facility utilization, as well as system amendments versus approved personal loans.

Prepare and submit reports to manager settlement to monitor workflow and income in addition to the monthly and quarterly reports.

Recommend changes and improvements to policies and procedures pertaining to Letter of Credit settlement.

Responsible for ensuring collateral fees assessed are reasonable.

Approve transactions prepared by team.

Negotiate complex Letter of Credit information for backstop credits as related to payoffs and new business.

Provide guidance to loan closing, marketing and loan administration departments as required for Letter of Credit support.

Support International Branches and Subsidiaries

Manage staff to develop their knowledge skills to safeguard QNB and clients against ambiguous transactions.

Make sure that Business Continuity measures are coordinated and controlled within the department

Qualifications: 

University graduate in Business, Finance or Accounting.

A minimum of 8 Years in a similar or related experience with 1 year of experience at a managerial level

 

Required Special Skills:

Knowledge and practical application of the current Int’l Chamber of Commerce Rules (uniform customers for Documentary Credits UCP600, Uniform Rules for Reimbursements URR525, stand-by Letters of Credit ISP98, Incoterms 2010 current revision).

Must have loan servicing industry experience.

Thorough understanding of Letter of Credit concepts.

General understanding of lending principles.

Computer proficient and knowledge of MS Office applications, bank and database applications.

Excellent written and oral communication skills in English (and Arabic preferably).

Must be detailed and multi-task oriented.

Organized and able to work independently using good business judgment.

Excellent leadership skills.

Support International Branches & Subsidiaries

Apply Here:

https://www.qnb.com/sites/qnb/qnbglobal/page/en/encareer.html

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UAE/KSA/Oman/Qatar/Kuwait/Bahrain

Head Teller- QNB, Qatar

 Head Teller- QNB, Qatar

Role Summary: 

As part of our accelerated growth we wish to appoint a Head Teller.

The role of the Head Teller is to be responsible for managing and training the team of tellers to deliver tellers that will provide various cash based services to our customers over the counter. You will ensure that the team are working efficiently and courteously so they will ensure a high level of customer satisfaction in an error free manner.

Role Description: 

Your responsibilities will include assisting the Branch Manager to implement strategies and to achieve volume, revenue and profit targets. You will oversee all branch cash handling and other teller related transactions in accordance with branch targets. You will ensure that the controls are in place for managing misappropriations. In addition you will:

Ensure that the tellers can manage their customers, by distributing the load to ensure the highest levels of customer satisfaction. Working to an agreed standard of compliance, you will ensure that policies and procedures are adhered to and work within the regulatory framework.

You will have the highest levels of diligence when overseeing branch vaults and ATM cash transfers, reporting to ensure accuracy and reviewing security procedures.

Conduct counts of cash/ other valuables in the vault against the documentary records. Resolve instances of excess/ short cash noted in accordance with the duly approved policy/ procedures.

Ensure all clearing items and remittance requests received from customers are forwarded to the concerned department/ unit within Group Infrastructure without delay for processing.

Identify suitable opportunities to cross-sell products or services offered to customers.

Take decisive action to ensure speedy resolution of unresolved grievances or conflicts within the team members

Qualifications: 

A minimum of 3 years experience related to private banking operations in the teller area.

Bachelor’s degree.

Working knowledge of private banking products and services, industry practices and regulations.

Apply Here:

https://www.qnb.com/sites/qnb/qnbglobal/page/en/encareer.html

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Archive Supervisor- QNB, Qatar

 Archive Supervisor- QNB, Qatar

Role Summary: 

You will be responsible for managing the Archives unit by supervising the process of documents filing, organizing, indexing, classifying, and when applicable their disposal. Monitoring QNB documents retention policy, making sure it meets local regulators requirements.

Role Description: 

Responsible for development of operating budgets for the archive unit.

Supervise the maintenance of central archive filing to meet regulatory requirements and support all QNB departments and branches in managing documents not required on a daily basis.

Coordinate & follow up with subordinates to ensure implementation of requirements in a timely manner.

Manage central archiving activities for all QNB branches and departments to ensure the efficient retrieval of documents and to meet regulatory requirements.

Supervise the logging of requests for documents by ensuring that the correct forms are filled and approving them.

Supervise the classification and indexing of documents received and their filing in accordance with set procedures.

Supervise the follow-up done on documents on loan to ensure their timely return to central archives.

Develop the ability to organize a large volume of documents and maintain an efficient retrieval system.

Develop an understanding of all regulatory requirements with regards to document retention.

Identify any areas for professional development of self and all direct reports, and act to enhance professional development of self and others.

Ensure high standards of data protection and confidentiality to safeguard commercially sensitive information.

Qualifications: 

University degree.

At least 8 years’ experience in document archiving.

Apply Here:

https://www.qnb.com/sites/qnb/qnbglobal/page/en/encareer.html

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Financial Analyst- QNB, Lebanon

 Financial Analyst- QNB, Lebanon

Role Description: 

Provide the required support in monitoring limits and exposures with a view to improving the branch’s profits, whilst at the same time ensuring compliance with the consolidated/ overall approved limits.

Ensure timely and accurate compilation of information required for disclosure of all material matters concerning the branch. 

Assist Head of Finance in developing mechanisms designed to ensure compliance with all relevant local laws and regulations and also international laws and regulations.

Assist Head of Finance in performance monitoring and quality measurement purposes pertaining to the financial control related process.

Observes and promotes cost consciousness and efficiency, and enhance productivity, to minimize costs, avoid wastes, and optimize benefits for the bank

Act within the limits of the powers delegated to the incumbent

Prepares monthly, quarterly, annual MIS and regulatory reports 

Tracks expenses and revenues vs. budget and forecast/analyse fluctuations and variances

Prepares monthly Branch budget consolidation and assists in the Budget/ forecast process 

Reviews monthly Payroll

Coordinates financials questions/answers with HO FCD departments

Prepares annual and quarterly financial statements and disclosures for internal stakeholders such as FCD; Compliance; Risk; Audit

Prepares annual financial information for external stakeholders such as Auditors; Outsourced Payroll; Regulatory bodies etc.

Evaluates profit and cost efficiencies in the Branch/Office

Develops, maintains and distributes as-hoc reports and financial info as needed

Assist in managing the banking business from a financial perspective to gauge the quality and performance of the bank’s departments.

Compiles, analyses, and interprets data as and when requested by the Head of Finance.

Prepares financial reports for forecasting, trend and results analysis.

Provide cover for the Head of Finance, in case of his/her absence.

Qualifications: 

University graduate in Accounting, Finance or Economics required, preferably with additional accreditations in Finance.

Preferable to possess professional qualification such as CPA, ACA, ACCA or MBA.

Accounting/GAAP knowledge.

Sound experience in reporting, consolidation and financial analysis,

At least 6 years of relevant experience; preferable in the banking industry.

Excellent oral and written communication skills (including report writing) in English; with Arabic, French or applicable local language highly desirable

Strong computer skills (preference for Advanced Excel skills and /or EQ3/4 Banking system expertise).

Sound knowledge of relevant statistics, local relevant regulatory banking regulation and local tax systems.

Apply Here:

https://www.qnb.com/sites/qnb/qnbglobal/page/en/encareer.html

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Paralegal- QNB, Qatar

 Paralegal- QNB, Qatar

Job Summary:  The incumbent will be responsible for assisting in protecting the Group’s interests in particular in respect of litigation for and against the Group. 

 

Job Description: 

Creating new reports, charts and summarizing the reports as might be needed

Updating the cases reports with the daily update submitted by law firms inside and outside Qatar (e.g. should be able to translate from Arabic to English when needed)

Invoices and recovered amounts reports

Coordinate for any required translation

Monitor the number of cases handled by each law firm and recovery rate

Carry out weekly review of the cases reports, highlight hearing dates in past or delay in filing new cases and share the report with the team to follow up with the external lawyers

Maintain relationships with Qatar Public Prosecution, Qatar Police, Qatar Courts, QFC Courts, Qatar Central Bank as required for the administration of QCB/Court orders.

Handling the original documents handover report

Contribute to the review and revision of the existing policies and procedures for the local and international litigations.

Assist the legal staff in the Litigation section in providing well-researched legal advice to all departments within the Group on matters relating to Group's transactions where applicable laws, regulations or facts are unclear and conflicting to ensure the Group’s legal position is protected.

Contribute to the preparation of the weekly, quarterly and annual returns for executive management on the activities of the Legal Department.

General admin work  

Job Requirements: 

University degree (preferably in Law)

Must possess at least 2 years of experience performing the role of a paralegal as set out in this document.

Thorough competence in operational issues relating to the processing of Court and QCB orders.

Excellent oral and written communication skills in English and Arabic (preferred).

Well-developed analytical and interpersonal skills.

Self-motivated, eye for detail.

Flexible team player and able to work and deliver under pressure.

Apply Here:

https://www.qnb.com/sites/qnb/qnbglobal/page/en/encareer.html

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