Job description
Job Summary
Responsible for monitoring foreign currency due from accounts, and maintaining optimal balances based on customer activity and currency fluctuations. Ensures sufficient funding in nostro accounts for international payments in both foreign currencies and USD. Regularly updates foreign exchange rates used in transaction processing to mitigate currency exposure.
Analyzes customer activity to maintain proper account balances and avoid overdrafts or excess idle funds. Ensures quoted rates are competitive and profitable. Provides technical support for the issuance and maintenance of standby and commercial letters of credit and documentary collections, including negotiations and payments.