Accounting Assistant
Resume:
FAHMY NASR, SENIOR ANALYST
Lyndhurst, NJ 07071 USA
E-mail ********@*****.***
Dear Sir/Madam,
In referring to your available post, I would like to have the opportunity to apply for that position which may be a challenge to utilize my skills and twenty three years of experience to advanced, gain more experience, and a career point to me.
I was graduated with a Bachelor Degree of science concentrating in accounting in 1992 from New Jersey City University, USA. I am a member of Liberty Board of Realtors. I am bilingual English and Arabic American citizen.
While going for my bachelor of science, I had the opportunity to work in HSBC Bank, New York and Cold Well Banker Realtors. These positions gave me the chance to gain a strong experience in computer Soft/Hardware, full training in bank products & reconciliation, voucher system, A/R, A/P, loans, mortgages and internal auditing.
Working as an Assistant Manger, Duties include supervising operation staff processing Commercial/Standby Letters of Credit and preparing G/L.
I also, had the chance to work for Commerzbank AG, New York, Operation Trade Finance Department. That position exposed me to accounting system, auditing procedure, field observation, and developing independent working attitude with analytic skill.
Most of my corporate accounting, loans, syndication/participation I gained while I was working in Credit Suisse as senior analyst. I was more working independent with new clients and lawyers, negotiating new syndication/participation and loans, enhanced my LIQ skills, tested a new SWIFT system (Merva) and have supervised a team to clear up and reconcile more than 20,000 transaction in backed up incoming fees for outstanding syndication/participation deals and loans. I prepare all deal/facility creation/input instructions on all new or amended credit lines recorded, communicate with the Loan Officer and Agent Bank on deficiencies and attempt to rectify, responsible for verifying work and investigating and resolving work items, prepare monthly performance reports (New deals and loans, outstanding collateral on fully collateralized deals, interest payments on booked certificate of deposits, past due fees…etc). Develop procedures, guidelines for new deals and loans. Respond to internal and external audit observations. Review and post clients financial statements in the interlink. Review and comments on the new credit agreements for new deals and loans.
I would appreciate the opportunity to have an interview. I would not mind a position that requires frequent traveling. Thank You.
RESUME
FAHMY NASR
286 NEWARK AVENUE,
LYNDHURST, NJ 07071
E-mail: ********@*****.***
Telephone No. 201-***-****
EDUCATION: New Jersey City University, NJ. USA
Accounting Bachelor Degree of Science, BS, Business Administration/Accounting.
Graduation date 12/1992. G.P.A. 3.21.
EXPERIENCE:
09/15-Present Rabobank International
Senior Associate
Review and approve suggested language for appropriate terms and conditions for Standby Letter of Credit and Bank Guarantees; partner with Legal and Compliance as needed.
Ensure that the proper procedures are followed when issuing new standby letter of credit, and guarantees.
Work with customers, relationship mangers, loan administrative and lawyers to resolve complicated issues and ensure that procedures are followed in accordance to Rabobank International rules and regulations as well as compliance.
Make payment on standby letter of credit
Check all transaction (issuance, amendments and payments).
Prepare bills for issuance/amendments fess and send them in timely manner to client.
Ensure that fees are received and applied.
Create monthly reports on annual renewals of Standby Letter of Credits with evergreen clause.
Assist profit center groups with potential clients and transactions, provide overview of Trade Finance products, explain policies and procedures.
Manage Cash Collateral accounts, obtaining the approval for roll over, making payment of interest if needed and confirm to clients the roll over amount.
04/10-09/15 Standard Chartered Bank
Senior Trade Finance Analyst
Duties reviewing and comments on standby letter of credit, direct pay, commercial letter of credits and guarantees.
Ensure that the proper procedures are followed when issuing new standby letter of credit, commercial letter of credits, backstop letter of credit and guarantees.
Work with customers, relationship mangers, loan administrative and lawyers to resolve complicated issues and ensure that procedures are followed in accordance to Standard Chartered Bank rules and regulations in regards to syndications/participations and standby letter of credits.
Manage and adjust all fee accrual and report them to comptroller’s office.
Register all transaction in DTP Registration System.
First and Second check all transaction.
02/06-02/09 Credit Suisse
Trade Finance Services Senior Analyst.
I had full training on accounting regulation and procedures along with a full training in
international standby practices (ISP98) and uniform customs and practice for documentary credits (UCP600) to ensure compliance with International Chamber of Commerce.
Duties reviewing and comments on participation agreements, reimbursement
agreements, loans and credit approvals for the new deals. Ensure that the proper
procedures are followed when booking new facilities, loans, and
syndication/participation.
Manage the process of booking, maintaining, rollover and reconcile loans.
Manage the process of close stress deals and par loans.
Manage the process of booking certificate of deposit as well as paying interest and reconcile. Receives and reconciles bank statements to update liabilities and A/R for syndication/participation and loans.
Manage the process of billing, collecting and paying fees on all syndication deals and loans. Review and act on the daily auto renewal report, past due fees report and loans fee report.
Work with customers, relationship mangers, loan administrative and lawyers to resolve complicated issues and ensure that procedures are followed in accordance to Credit Suisse rules and regulations in regards to loans syndications/participations and standby letter if credits. Prepare the yearly budget for the unit (overtime, supplies …..Etc.).
Identify any deficiencies on the budget on monthly basis. Review and comment on wording of standby, direct pay, backstop and commercial letter of credits. Manage and adjust all fee accrual and report them to comptroller’s office.
10/00-02/06 Commerzbank AG, New York
Authorized Signature, Senior Operation Specialist
Managed and supervised the daily work of participation/syndication and letter of credit staff including participation bought and sold, syndication transactions, standby letter of credit, reconciliation of account records reconciling the general ledger to the bank statements.
Reviewing and comments on the new participation agreements, reimbursement agreements and credit approvals.
Calculate, verified and processed billing of syndication deals, letter of credits outstanding and remittance of fees to the participating banks. Reconciled daily accounts receivable/payable.
Prepared daily, monthly and quarterly reports of outstanding syndications, participation, loans and letter of credits for clients.
Reviewing and comment on participation agreements, reimbursement agreements, loans and credit approvals for the new deals.
03/85-10/00 HSBC Bank, New York
Assistant Manager
Managed and supervised all phases of processing commercial, standby and backstop letter of credit.
Insured proper documentation is in place and in compliance with bank rules and regulations. Review all new credit applications.
Prepare outstanding letter of credit reports, past due and billings. Reconcile A/R and follow up on the past due fees.
Prepare the yearly budget for the unit (overtime, supplies …..Etc.). Identify any deficiencies on the budget on monthly basis.
Review and comment on wording of standby, commercial and backstop letter of credits.
Work with customers, relationship mangers, loan administrative and lawyers to resolve complicated issues and ensure compliance with the uniform customs practices.
SKILLS: Bilingual (English/Arabic). Excellent knowledge of UCP 500/600, URR 525 and ISP98. URDG758, Knowledge of anti-boycott and OFAC rules and regulations. Excellent and superior software experience and skills (MS Windows, Adobe Photo Shop, Excel, MS office, Access, Loan IQ, Cibar, Cars, Merva (SWIFT), IMEX, Magellan, World Check (OFAC), Exim Bills, ACBS, Swift Alliance Global Discovered and Interlink). Notary Public of NJ State. Excellent math, numbers & cash skills. Real estate licensed in NJ State. Auditing, financial accounting and business. Leadership, Strong managerial and supervisory skills, negotiating skills, good judgment and decision-making skills.
INTEREST: Computers, active sports, traveling, reading and playing chess.
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