Technical skills
Technical writing
Role signals
FinanceAccountingLegal
About this role
LG Officer (Letters of Guarantee Officer)
Main Duties:
- Handle and process all types of Letters of Guarantee (LGs), including issuance, amendments, renewals, cancellations, and claims handling.
- Ensure all LG transactions are processed accurately and in compliance with bank policies and regulatory requirements.
- Review customer requests and supporting documents related to guarantees and verify completeness before processing.
- Monitor expiry dates and follow up on renewals, releases, and outstanding guarantees. Coordinate with branches, customers, and related departments regarding guarantee operations and inquiries.
- Maintain accurate records and documentation for all guarantee transactions and archive files properly.
- Prepare periodic reports related to issued, outstanding, and expired guarantees.
- Ensure compliance with Central Bank regulations, internal procedures, and AML requirements.
- Support trade finance operations whenever needed within the department.
- Handle customer and branch inquiries related to guarantees professionally and efficiently.
Requirements
- Bachelor’s degree in Finance, Accounting, Business Administration, or any related field.
- 1–3 years of experience in banking operations.
- Experience in Letters of Guarantee (LGs), trade finance, Good understanding of banking procedures and international trade operations.
- Strong attention to detail and accuracy in reviewing documents and data entry.
- Good communication and coordination skills with branches and customers.
- Ability to work under pressure and within a team environment.
- Proficiency in Microsoft Office and banking systems.