Foreign Trade Operations (Upto Executive Officer)

Job Description

Title: Foreign Trade Operations (Upto Executive Officer)

Company Name: Bank Asia PLC

Vacancy: --

Location: Dhaka

Minimum Salary: Negotiable

Experience:
∎ At least 5 years
∎ The applicants should have experience in the following business area(s):Banks

Published: 19 May 2025

Education:
∎ Masters
∎ Postgraduate degree preferably in business administration with a strong academic background (no third class in any examination).

Requirements:

Additional Requirements:
∎ At least 5 years and above experience in any reputed private commercial bank with 3 (three) years’ practical experience at Foreign Exchange Desk in any Central Trade Processing Centre.
∎ Postgraduate degree preferably in business administration with a strong academic background (no third class in any examination).
∎ In-depth knowledge of foreign trade operations (export, import, remittance), Import & Export Policy, Foreign Exchange Regulation Act, ICC publications (UCP, URR, URC), and Bangladesh Bank’s Guidelines for Foreign Exchange Transactions.
∎ Well-versed in import/export procedures, including document scrutiny, negotiation, processing of cash incentives, lodgment, and retirement, with a solid understanding of commercial documents.
∎ Strong ability to work collaboratively within a team environment.
∎ Excellent communication skills, both verbal and written.
∎ Proficient in using computer applications and online trade software modules.
∎ Smart appearance with a pleasant and professional demeanor.
∎ At least 5 years and above experience in any reputed private commercial bank with 3 (three) years’ practical experience at Foreign Exchange Desk in any Central Trade Processing Centre.
∎ Postgraduate degree preferably in business administration with a strong academic background (no third class in any examination).
∎ In-depth knowledge of foreign trade operations (export, import, remittance), Import & Export Policy, Foreign Exchange Regulation Act, ICC publications (UCP, URR, URC), and Bangladesh Bank’s Guidelines for Foreign Exchange Transactions.
∎ Well-versed in import/export procedures, including document scrutiny, negotiation, processing of cash incentives, lodgment, and retirement, with a solid understanding of commercial documents.
∎ Strong ability to work collaboratively within a team environment.
∎ Excellent communication skills, both verbal and written.
∎ Proficient in using computer applications and online trade software modules.
∎ Smart appearance with a pleasant and professional demeanor.

Responsibilities & Context:
∎ Handle and process all import and export documentations, including Letters of Credit (LCs), bills of lading, and other trade-related documents and papers; process cash incentive and duty drawback claims in accordance with applicable rules and regulations.
∎ Ensure full compliance with international trade laws, banking regulations, and internal and external policies related to trade operations.
∎ Manage trade finance activities such as LC issuance, bill collection, and negotiation; prepare and verify all vouchers related to export and import bill settlements, ensuring proper recovery of interest, commissions, and charges.
∎ Build and maintain strong relationships with importers and exporters, providing expert advice, guidance, and responsive support on trade-related matters.
∎ Liaise effectively with regulators, internal departments including business units, branches, customers, credit, credit administration, and senior management to ensure smooth trade operations.
∎ Collaborate with the team to develop and implement strategies for improving processing efficiency and enhancing service delivery, when required.
∎ Prepare and submit accurate reports on trade transactions for regulatory dashboards, monthly returns, and other statutory requirements.
∎ Handle and process all import and export documentations, including Letters of Credit (LCs), bills of lading, and other trade-related documents and papers; process cash incentive and duty drawback claims in accordance with applicable rules and regulations.
∎ Ensure full compliance with international trade laws, banking regulations, and internal and external policies related to trade operations.
∎ Manage trade finance activities such as LC issuance, bill collection, and negotiation; prepare and verify all vouchers related to export and import bill settlements, ensuring proper recovery of interest, commissions, and charges.
∎ Build and maintain strong relationships with importers and exporters, providing expert advice, guidance, and responsive support on trade-related matters.
∎ Liaise effectively with regulators, internal departments including business units, branches, customers, credit, credit administration, and senior management to ensure smooth trade operations.
∎ Collaborate with the team to develop and implement strategies for improving processing efficiency and enhancing service delivery, when required.
∎ Prepare and submit accurate reports on trade transactions for regulatory dashboards, monthly returns, and other statutory requirements.

Workplace:
∎ Work at office

Employment Status: Full Time

Job Location: Dhaka

Read Before Apply:

Candidates possessing the requisite skills and qualifications should feel free to apply online through bdjobs.com by May 29, 2025.

Only shortlisted candidates will be called for interview. Bank Asia reserves the right to accept or reject any application without assigning any reason whatsoever.

Bank Asia is an equal opportunity employer.

Attractive remuneration will be offered to the deserving candidates as per Bank's policies.