Operations Clerk – Commercial Bank of Kuwait

– To cater and resolve operational queries received from CBK’s correspondent banks

– To provide support to division in operational and compliance aspects of Syndicated deals.

– To provide support for the various roles of facility agent in respect of syndicated deals where the bank is acting as a facility agent.

– To ensure completeness and accuracy of information pertaining to the Division’s facilities in the Bank’s core banking system

– Maintenance and filing of the documents and standard clerical duties.

Operational:

– Ensuring adherence of Facility Documents with the underlying approval documents.

– Preparation of Disbursement/Processing Utilisation Requests against credit facilities granted by the Division.

– Calculation and ensuring timely payment of interest/commission and rollover of interest rates and pro-active follow up with borrower/ Facility Agent.

– Ensuring completeness and accuracy of information in ICBC pertaining to the Division’s facilities including limits approved for Banks and FIs.

Assist in Compliance related activities:

– Pro-active follow up with borrower/ Facility Agent for receipt of certificates/ documents forming a part of Conditions precedent in the Facility Documentation within timeframe.

– Determination/ensuring arithmetical accuracy of rate of interest, break costs, etc. as per the facility agreement.

– Maintaining and monitoring project accounts of the borrower as per the terms of facility.

Record Keeping:

– Maintain record of disbursement, interest payment, repayments, collections, syndicated transactions etc.

– Reconciliation of accounts with lenders and providing confirmation of balances to all parties concerned periodically.

Filing:

– Maintaining/sorting/ filing records according to filing system and placing the documents correctly in their respective files received from Head of IBD/other team members.

– Searching and investigating data contained in files i.e. discarding old financials, information, etc., after consulting with the Head of IBD.

– Arranging the files that are no longer needed by IBD to the warehouse.

– Delivering documents to banks/lawyers, as and when required by his Supervisors.

– Maintaining computer reports.

– Performing duties related to personnel correspondence, bank expenses, bills and daily follow-ups etc

Job Details

Date Posted: 2017-10-05
Job Location: Kuwait
Job Role: Banking
Company Industry: Banking

Preferred Candidate

Career Level: Mid Career
Degree: High school or equivalent

التقدم للوظيفة الان

شارك الصفحة اون لاين

أنشئ سيرتك الذاتية الآن و تواصل على الفور مع أكبر و أفضل الشركات اون لاين. إنشائك لسيرة ذاتية على موقع المازن.كوم هي الوسيلة الأكثر فعالية للحصول على الوظيفة Operations Clerk – Commercial Bank of Kuwait بكل سهولة الان مجانا.


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