Nesar Naveed Ahmed

Mobile: +***** - *******

adfaxh@r.postjobfree.com

Dubai, U. A. E.

SUMMARY

Profile: Male, Married

Nationality: Pakistani

Current

position:

Senior Officer / Centralized Trade Operation.

Company: FAB First Abu Dhabi Bank, U.A.E.

(Reporting to: Manager Export & Import Dept.

& Head of Trade Operation Dept.)

WORK EXPERIENCE

Sep 2018 – To Date

FAB First Abu Dhabi Bank Abu Dhabi, U. A .E.

Senior Officer - Export / Import / Guarantee

Main Head Office, Abu Dhabi

1. Issuance / Amendment / Confirmation / Advising / Negotiation / Correspondence etc. of Import and Export Letter of Credit.

2. Looking after Add Confirmation & Assignment of Proceeds. 3. Monitor the payment / settlement of Lc’s payable at sight, Usance & Deferred Payments (Import and Export).

4. Looking after Documentary Collections documents. 5. Issuing and processing amendments, reimbursements & transfers of Letter of Credit. Scrutiny of documents and issuance of acceptance. 6. Monitors all fees referred to LCs, Guarantees and Collections. 7. Monitors Cash Margin and Contingent Liabilities with G.L. 8. Taking out monthly & quarterly report and balancing with G.L. 9. Scrutiny of Bank Guarantee Document.

10. Compliance checking relevant to Bank Guarantee. 11. Checking of facility, limits and raising referral to concerned RM. 12. Vetting of text.

13. Daily routine work related to Bank Guarantee (i.e. MT 760, 767, SBLC MT 700, Addendum, Cancellation, etc.)

June 2014 – Aug 2018

United Bank Limited (International Middle East) Dubai, U. A .E. Unit In-charge Guarantee / Local Bills Discounting (LBD) / FBC (Chq.) Centralized Guarantee Ops. (U.A.E., Qatar, Bahrain, Tanzania and Yemen) 1. Scrutiny of Bank Guarantee with strict compliance to Group's policies and procedures and URDG 758

2. Authorization of transaction related to different sorts of Guarantees i.e., Tender Bond/ Bid Bond, Performance Bond, Advance Payment Guarantee, Warranty and Retention Guarantee as well as Amendment, Cancellation, Lodgement of Claims and Payment within the limit as per credit policy. 3. Following up with legal department and co-ordination with the Relationship Manager (RM).

4. SWIFT message authorization related to Guarantees (MT 760, 767, 791) & Others. 5. On daily basis checking report of guarantee for recovering charges from customer account against Autorenewal Guarantee.

6. Overseeing necessary Credit Approval from an appropriate Authority for Guarantee before issuance.

7. Checking periodical reports of issue and outstanding guarantee on monthly wise. 8. Scrutiny of original Cheques after receiving from branches / client on daily basis. 9. Overseeing necessary Credit Approval from appropriate Authority against LBD. 10. Authorization of SWIFT messages for Credit Report. 11. Authorization / Supervision of Vouchers. Follow up of outstanding LBD. 12. Checking and balancing of Monthly report of L.B.D. with the GL. Foreign Bill Collection (Cheque):

1. Scrutiny of Original Foreign Cheques after receiving from the branches on daily basis.

2. Follow up with correspondent banks. Supervision of Vouchers. 3. Checking and balancing of Monthly report of FBC with the GL. Nov 2010 – May 2014

Al Baraka Bank (Pakistan) Limited Karachi, Pakistan. O.G.1 /Manager Trade Service Operation

Centralized Trade Operations

1. Processing Import and Export letter of credit, Documentary collection. 2. Clean bankers acceptance, discounted draft, and other trade – related transactions.

3. Types of guarantees include Bid Bond, Performance Bond, Advance Payment, Financial Guarantee, etc.

4. Overall processing and monitoring of Local as well as Foreign Guarantees business. 5. Approval and error - free posting of all entries in the system 6. Guarantees issued on behalf of Local Bank / Corresponding Bank through authenticated SWIFT messages in favour of beneficiaries operating in Pakistan or outside Pakistan subject to provision in exchange control manual of State Bank of Pakistan relating to issuance of guarantees favouring foreign beneficiaries or after obtaining their prior approval from State Bank of Pakistan. 7. Ensure that recording of all details in the relevant registers and complete filling of all related documents.

8. Maintenance of adequate stock of stamp papers at CTO for onward distribution to branch.

9. Submission of guarantees for vetting from Legal Division. 10. Diarizing and follow up of all expired and cancelled guarantees. 11. Settlement of claims received at CTO as per SBP requirements and bank Internal Procedural Manual.

12. Physical balancing of all customer - wise liabilities and GL Head on monthly basis. 13. Liaison with respective branches and customers to provide service to generate Guarantee Business.

14. Processing standby letter of credit transactions. 15. Establish and implement effective procedures, controls and processes relating to trade transactions.

16. Establish and implement effective procedures, controls and processes relating to general ledger reconcilements in order to maximize efficiencies and to ensure compliance with audit standards.

17. Monitor, identity and evaluate client needs and opportunities. 18. Error free transmission of SWIFT messages of all Export & Import related transactions at the authorization level.

19. Handling Import / Export transactions.

20. Overall monitoring on all large value trade transactions including quality check, Quarterly Risk control analysis of products and balancing of all Trade products. 21. Responsible for the quality controls surrounding the accuracy of work within their team and will sample check individuals work to confirm quality. 22. Responsible for reviewing complaints received, identifying causes and implementing process changes to prevent repeat occurrence. 23. Handle TRADEDOC and checking of documents under Imports and Exports LCs efficiently.

24. Develop close relationship with corporate clients and managing trade finance portfolio of the bank.

25. To perform various Back Office operations by reviewing all transactions for compliance with approved terms and conditions and post transaction follow – up. 26. Daily reconciliation of documents.

27. Ensure efficient customer service at all level.

* Sep 2006 – Oct 2010

*Merged with Al Baraka

Bank in Nov 2010

Emirates Global Islamic Bank Karachi, Pakistan.

O.G.1 / In-charge Export Department

Centralized Trade Operations

1. Checking of Import and Export documents under letters of credits. 2. Checking of all Nostro Activities on daily basis and timely settlement of all unreconciled amounts.

3. Handling pre / post processing of documents under Letter of Credit, Open A/c, DA/DP collection, LC issuance etc.

4. To assist in the execution and co – ordination of back office activities for end to end control of all transactions from receipt of transaction application to repayment.

5. Scrutiny of all Export related documents presented under L/C, Collection bills and Advance Payments.

6. Error free transmission of SWIFT messages of all Export related transactions at the verification level.

7. Follow up of all overdue Export bills and stuck up cases with the customer and relevant departments for settlement and adjustment. 8. Ensuring physical balancing of liabilities of all outstanding files with the system. 9. Ensure quality, efficient & prompt service to the Bank's Internal as well as external customers. Direct liaison with all stakeholders to ensure effective handling of business requirement.

10. Monitoring of all Export related correspondence with the Internal as well as External customers along with settlement of Issues relevant to the payment of Export bills.

Jun 2006 - August 2006

Bank Al Habib Limited. Karachi, Pakistan.

Officer Grade – 1

International Division / F. I.

1. Ensure implementation of the Bank's KYC & AML policies & procedures. 2. Assist in setting-up policies & procedures for assessment of Bank and Country Risk. 3. Giving instruction to branches to follow & implement SBP Circulars. 4. BKE Management functions of Swift.[BKE ADMINISTRATOR] 5. Expand the banks list of correspondents to facilitate Trade Business. 6. Nostro / Vostro [ACU$] Accounts Maintenance and Monitoring all Inbound Business.

7. Liaison with all correspondent banks [For Trade & Payments related Business.] Oct. 2002 – May 2006 NIB Bank Limited Karachi, Pakistan. Sr. Officer (Head Office)

Centralized Trade Services Department

1. LC processing, Contract Registration and Open Account. 2. Preparation of LCs on SWIFT.

3. PAD, Acceptance and Retirement.

4. Discounted acceptances, deferred payments (Import and Export) Aug 1995 – Sept. 2002

I.F.I.C. Bank Limited Karachi, Pakistan.

Officer Trade Finance Operations

Head Office / Main Branch

1. Independently handling Export related activities. 2. Independently handling Import related activities. EDUCATION:

July 2003 - June 2005 M.Sc. – University of Karachi Karachi, Pakistan Economics & Finance, GPA 2.8

Jan 1991 - Dec 1993 B.Sc – University of Karachi

In Mathematics

Karachi, Pakistan

PROFESSIONAL TRAINING:

1) Attended Training Program Entitled "KYC & AML POLICY" conducted by American Express Bank. 2) Attended One Day Workshop on "Time Management" at Institute Of Chartered Accountants. 3) Attended 05 Days Training Program Course on "Islamic Banking: Principles & Products" conducted by The Institute of Bankers Pakistan (IBP).

4) Attended Training Program Entitled "Communicating Customer Care" conducted by Training Division of Emirates Global Islamic Bank.

5) Attended 02 Days In–House Training "Participation Of Islamic Banking" conducted by Training Division of Emirates Global Islamic Bank.

6) Attended 02 Days Training Program "Understanding Letters Of Credit" conducted by The Institute of Bankers Pakistan (IBP).

7) Attended 01 Day Training Program "Handling of Discrepant Documents under LCs: Case – Studies" conducted by The Institute of Bankers Pakistan (IBP).

8) Attended 02 Months Training Program "Financing Foreign Trade Operation" conducted by Human Resource Management (HRM).

9) Attended 02 Days Training Program "UCP – 600 & ISBP" conducted by The Institute of Bankers Pakistan (IBP). 10) Attended 01 Day In–House Training “International Bank Account Number (IBAN)” Conducted by Al Baraka Bank (Pakistan) Limited.

11) Attended 03 Days Course on “Banking Practice & Law In the U.A.E.” conducted by The Emirates Institute For Banking and Financial Studies.

12) Attended 02 Days Course on “Guarantees” conducted by The Emirates Institute For Banking and Financial Studies.

13) Attended 03 Days Course on “Trade Finance (Advanced)” conducted by The Emirates Institute For Banking and Financial Studies.

14) Attended 03 Days Course on “Trade Finance Documents Examination (ISBP)” conducted by The Emirates Institute For Banking and Financial Studies.

15) Attended 02 Days Course on “SWIFT Messages” conducted by The Emirates Institute For Banking and Financial Studies.

16) Attended 02 Days Course on “Islamic Trade Finance” conducted by The Emirates Institute For Banking and Financial Studies.

17) Attended 02 Days Course on ”Foreign Exchange (Basic)” conducted by The Emirates Institute For Banking and Financial Studies.

LANGUAGES

Urdu Native

English

Bengali

Hindi

Fluent

Fluent

Fluent

REFERENCES: Available upon request.

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