Main Duties & Responsibilities:
· Timely processing and issuance of LC, Import Contract and amendments through Trade system.
· Timely processing of Lodgment, acceptance and payment of Import Bills under LC & Collection through Trade system.
· Issuance and redemption of Shipping Guarantee / Airway Bill release processing the same day on Trade System.
· Processing of Advance payment for Import on Trade system.
· Follow-up of outstanding / unaccepted bills, Shipping Guarantee / Airway Bill release and Import documents not received against the Advance payments.
· Timely processing for Export Bills lodgment, negotiation, discounting and payment. Export Advance Payment, and Documents received against Export Advance Payments, etc.
· Certification of Form E in WEBOC
· Ensure timely and proper follow up with customers in respect of certified Form E against which export documents along with Form E has not been submitted by the Exporter.
· Responsible for clearing Nostro open items, and follow up with foreign correspondent banks the recovery / settlement of o/s un-reconciled Nostro items pertaining to Import and Export.
· Ensure recovery of all commission, fees and charges on timely basis as per customer BCA / schedule of charges and recovery of FCY / Local correspondent Bank charges, etc.
· Ensure timely / proper follow up with the foreign correspondent / CSG/ RM for acceptance and payment of bills.
· Monthly reconciliation and balancing of all outstanding import & export transactions.
· Physical reconciliation of all outstanding import and Export Bills to be conducted on half yearly basis.
· Ensure submission of all internal and External returns as per respective deadlines.
· Processing , monitoring and reporting of ERF cases
First Women Bank Ltd. is a unique financial institution, a Scheduled Commercial Bank and a development financial institution for the socio-economic empowerment of women. The Bank was set up in 1989 by the Islamic world’s first woman Prime Minister Benazir Bhutto (Shaheed), who wanted a bank that would meet the banking needs of women entrepreneurs. FWBL was incorporated as a Scheduled Commercial Bank in the Public Sector as a Public Ltd. Company on 21st November, 1989 under the Companies Ordinance, 1984.