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Jobs in Kuwait - career in Kuwait - vacancies in Kuwait-Operations Clerk - Commercial Bank of Kuwait-Jobs in Kuwait - career in Kuwait - vacancies in 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 |

Jobs in Kuwait - career in Kuwait - vacancies in Kuwait-Operations Clerk - Commercial Bank of Kuwait-Jobs in Kuwait - career in Kuwait - vacancies in Kuwait
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