MOHAMMED ASADULLAH KHAN

Client - Bank Muscat, Oman

• Manage Bank Muscat’s document checking process, ensuring accuracy, compliance, and timely delivery.
• Manage the document checking team, providing guidance and support to ensure accuracy and efficiency.
• Monitor the transaction queue to ensure turnaround times (TAT) are met and prioritize transactions based on urgency and business needs.
• Examine import and export Letter of Credit (LC) documents for compliance with UCP and internal standards.
• Perform pre-checks of export documents and recommend necessary amendments to clients.
• Conduct LC workability checks on confirmed LCs and advise clients on required changes.
• Deliver training sessions on Letters of Credit and document examination to enhance team knowledge and capabilities.
• Prepare monthly dashboards and generate ad-hoc reports for senior management.
• Visited client locations in Oman, with an on-site assignment from Nov 2022 – Jun 2024, to deliver training sessions and provide hands-on support to onshore staff.

• Process Letters of Credit (LCs) and Standby LCs (SBLCs) for high-value bulk shipments of fertilizers and chemical products.
• Prepare and issue invoices along with other shipping and trade documents.
• Liaise with banks for LC advising, confirmation, and negotiation.
• Draft and present compliant documents under LC to banks for negotiation.
• Ensure strict adherence to LC terms and conditions as well as ICC rules, including UCP 600 and ISBP.
• Coordinate with internal and external stakeholders such as banks, shipping agencies, surveyors, customers, sales, product planning, shipping, and accounts receivable teams.
• Proficient in processing trade documentation using SAP.

• Supervisor for Documentation (Product/Division: Rice). Handled a small team of 3 members.
• Coordinate with Dubai Team (Head office) and complete day to day activities as per the requirement.
• Assign work to the team members and monitor work regularly. Make sure transactions are processed within TAT.
• Second check of LC documents.
• Authorized to send LC opening instructions to bank at import side.
• Update LC details in OCS software application.
• Coordinate with banks for Import/Export Collections documents and all matters related to LCs including issuance advising, confirmation, negotiation, discrepancies etc.
• Train team members in UCP and ISBP.

• Examination of import and export Letter of Credit documents.
• Advice discrepancies in LC documents to customers.
• Check SWIFT messages related to the transactions and act accordingly.
• To deal with the customers/negotiating banks/issuing banks for discrepancies in LC docs and other issues.
• Adhere to the Key Operating Procedures of the department.
• Exercise due diligence and review transactions to avoid money laundering and terrorist financing.
• Check party names/ports/vessels etc. of each transaction in sanctioned list and ensure that bank is not dealing with sanctioned individuals or entities.

• Update LC/Amendment details in SAP.
• Deal with banks for LC advising/confirmation/discrepancies.
• Prepare financial/commercial/shipping documents and present it to advising/confirming bank.
• Examine documents before submitting it to the banks and make sure that documents are complying with terms and conditions of LC and the applicable rules of UCP and ISBP.
• Coordinate with sales, product planning, shipping, and treasury team from time to time.

• Process day to day trade finance transactions.
• Examination of import and export LC documents.
• To deal with the customers/negotiating banks/issuing banks for discrepancies in LC docs and other issues.
• To deal with Back to back LC, Transferable LC, assignment of proceeds and syndication financing.
• To deal with FI for Banker’s acceptances and funded and non-funded risk participation.
• Liaise with the Trade Officers/Branches/RMs to resolve customers problems/complains.
• Reason for leaving: Individual Resignation

• Handled export documentary collections.
• Prepare/Review cover letter under collections as per customer instructions.
• Ensure transactions are processed within SLA.
• Adhere to the Key Operating Procedures of the department.
• Exercise due diligence and review transactions to avoid money laundering and terrorist financing.
• Check party names/ports/vessels etc. of each transaction in sanctioned list and ensure that bank is not dealing with sanctioned individuals or entities.
• Reason for leaving: Individual Resignation