Senior Associate Issuance (LCs) (Qatarization)

Role Overview

Senior Associate Issuance (LCs) at QNB, located in Doha, Qatar. This is a Qatarization position within the Operations Division.

Company Overview

QNB Group was established in 1964 as Qatar's first Qatari-owned commercial bank and is now the largest bank in the Middle East and Africa (MEA) region. The Group operates through subsidiaries and associate companies in more than 31 countries across three continents, serving up to 20 million customers through 1,000 locations and 4,300 ATM machines, with a total of more than 28,000 employees. QNB maintains ratings from Standard & Poor's (A), Moody's (Aa3), and Fitch (A+), and is ranked as the most valuable bank brand in the Middle East and Africa according to Brand Finance Magazine. The Group actively supports community initiatives through social, educational, and sporting event sponsorships.

Role Purpose

The incumbent will perform tasks pertaining to the timely issuance of Import Letters of Credit in a way that supports the business units and ensures a good working relationship with the Group's clients.

Key Responsibilities

Shareholder & Financial

• Implement KPIs and best practices for the Senior Associate Issuance (LCs) role.
• Act within the limits of the powers delegated to the incumbent.
• Promote cost consciousness and efficiency and enhance productivity to minimise cost, avoid waste, and optimise benefits for the Bank.

Customer Relations

• Liaise with internal and external clients to meet their needs in a timely and accurate manner.
• Deal with clients and ensure routine operational issues are processed efficiently.
• Proactively identify areas for professional development and undertake development activities.
• Seek opportunities to remain current with all developments in the professional field.

Letters of Credit Processing & Compliance

• Accurately handle complex processes relating to Import Letters of Credit in strict compliance with International Chamber of Commerce (ICC) Rules.
• Receive and review Import Letters of Credit applications with special terms and conditions to ensure receipt of complete transactions.
• Issue Letters of Credit with special terms and conditions, including Revolving, Back-to-Back, Transferable and Standby L/Cs.
• Check documents, identify discrepancies and communicate with negotiating banks to safeguard QNB's interests.
• Ensure transaction documentation submitted for authorization is accurate and processed in a timely manner.
• Release sight and acceptance documents relating to Import Letters of Credit transactions to clients.
• Ensure L/C applicants possess valid commercial registrations and that terms and conditions are clear and precise.
• Ensure the L/C amount does not exceed the maximum amount permitted under the customer's application.
• Ensure L/Cs are properly authorized within approved limits or supported by appropriate approvals.
• Ensure all L/Cs comply with Uniform Customs and Practice (UCP), local import regulations and Group policies.
• Maintain L/C documents safely and ensure adherence to approved limits established for each client and bank.

Regulatory & Professional Development

• Stay abreast of all new local and international regulations pertaining to Import Letters of Credit.
• Ensure high standards of confidentiality to safeguard commercially sensitive information.

Qualifications & Experience

• Bachelor degree from a university, preferably with a major in Marketing, Banking, Finance, Accounting, Economics, Business Administration or Information Technology or a related field of study.
• At least 2 years of relevant experience, preferably within a highly rated international bank.

Additional Information

• Application closing date: 30-Dec-2026.
• Required documentation: Resume/CV, QID (Front & Back), Passport, Education Certificate, Birth Certificate.