Jobs in Kuwait Operations Clerk - Commercial Bank of Kuwait #Jobs_in_Kuwait

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
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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