TECHNICAL TRADE SPECIALIST
FIRST BANK OF NIGERIA LTD
09.2021
- I am involved in: - Responsible for all account reconciliation, utilizing journal writing access in the Bank' Core App for - Liaise with other branches as well as other departments to ensure that correct entries have been posted for Nostro accounts - Receipt of negotiated set of shipping document to ascertain the drawings on the LCs and actual debit to our account offshore which aids capturing of PUC (payment under credit) on the Trade Platform (FINASTRA). - Follow up with offshore banks to ensure payment is made to beneficiary on time and resolve any issues impeding payment - Confirm receipt of funds in operating account for all currencies and ensures adequate utilization - Reconciliation of unutilized balance to represents the true value of what was not utilized in the transaction - Extend documentary Credit Expiry date via Trade Innovation Platform - Reconcile various Nostro accounts with accounting platforms (TLM Corona) - Prevent the building up of outstanding items that might lead to provisioning -
- Prepare Swift messages for return of funds and other queries
