Commercial Banking Representative

3 days ago


Dubai, Dubai, United Arab Emirates Zahrawi Medical Full time

Our Company Overview

We are a prominent player in the GCC Healthcare Industry, providing high-quality products and services to hospitals, clinics, laboratories, and analytical industries across UAE, KSA, Qatar, Bahrain, and Oman markets.

Responsibilities

The incumbent will be responsible for managing bank guarantees and cash/cheque deposits within the company's policies and procedures. This role requires excellent communication and organizational skills.

Main Job Functions

Daily collection of cash/cheque from the office and deposit in banks before cut-off time.Coordinating with the warehouse team for collection/deposits.Submitting and collecting bank guarantees to/from customers.Visiting customers to submit original bank guarantees as per the given schedule and before cut-off time.Following up with customers to collect closed/expired bank guarantees and returning them to the bank for cancellation purposes.Building good relationships with customers such as MOH, DHA, Dubai Municipality, Dubai Police, etc.Internal coordination with the tender team, sales team, and service team to ensure timely collection of bank guarantees.Scheduling customer visits in Abu Dhabi and Northern Emirates.

Record-Keeping and Reporting

Maintaining accurate records and reports for outstanding bank guarantees in the market.Updating ERP system records.Writing correspondence letters and follow-up emails regarding guarantees.Updating the line manager on the progress of non-collection of guarantees and ensuring supporting documents are available.Preparing necessary reports for management regarding guarantee status.

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