LC Issuing Officer Job Oppotunity at Standard Chartered Bank in Nigeria

LC Issuing Officer Job Oppotunity at Standard Chartered Bank in Nigeria

Standard Chartered Bank Nigeria provides high quality services to individual clients and small and medium-sized businesses, offering long-term financial solutions tailored to individual customer needs. Currently, Standard Chartered Bank is seeking full time permanent candidates for the position of LC Issuing Officer for its office which located in Nigeria.

Job Title
Job ID
Job Function
LC Issuing Officer
Technology & Operations

LC Issuing Officer Job Description
Efficient and Effective issuance of LC in SCB Nigeria while ensuring that end to end delivery of value to Trade customers exceeds set target delivery times.

The person hired for this position will be responsible, among others for:

  • Ensure that applications received are processed and LCs triggered to beneficiary within 2 hours of receipt of all LC applications and Amendment instructions.
  • Advise inability to process immediately to all stakeholders.
  • Ensure that issuance of Letter of Credit is in line with local and international standards.
  • Ensure that the DOI is followed in processing
  • Follow through with the advising bank and ensure that LC are advised promptly and provide clarifications where required.
  • Letters to be advised same day if authenticity of the message is established.
  • Ensure same day TAT on chasing and settlement of proceeds.
  • Ensure revenue is realized.
  • Process and Dispatch documents within 24 hours of receipt.
  • Daily status report on FX recons
  • Trade Pending/ timely utilisation of wdas funds without breaches
  • Weekly clean running reports
  • Processing Transactions in line with agreed SLAs.
  • Ensure that all customer queries and requested are responded to within 24 hours after receipt.
  • Maintain comprehensive register for all products.
  • Monitor and ensure end to end delivery of all processes under area of responsibility
  • Track and follow through for successful delivery of all transactions processed.
  • Provide all necessary assistance to ensure no over due items in all reconciliation report.
  • Ensure  alertness to the risk of money laundering and assist in the bank's effort in combating it by adhering to the key principles in relation to: identifying customers, knowing customers, reporting suspicions, safeguarding records and not disclosing suspicions to customers.
  • Ensure / assist unit head in creation and maintenance of compliance culture, undertake compliance monitoring, generate timely and accurate compliance reports, proactively advise Country compliance on compliance issues, and update new matrices as communicated by the BCC
  • Embed CRM
From the candidates bank expect:
Good communication and inter-personal skills.
Minimum of One (1) year experience in Trade Operations
Good working knowledge of  Trade products and services in offering and their distinct features.
Good PC skills with good knowledge of Excell, Power Point and .
A University Degree.
Minimum of three years banking experience
Knowledge of risks and local Laws relating to Trade
ACA or Masters will be an advantage

Important Date
Interested candidates are advised kindly apply online before last date of application (16th November, 2012).

How to apply?
Only online application will be accept by bank for LC Issuing Officer post. So please follow the following instruction to submission of applications online.
  1. Visit the official website of the bank – ‘
  2. Now you are home page of the site, on left hand site you will see ‘Careers’ option, click on this link
  3. Click of ‘Search for Role
  4. Set your location to ‘Nigeria – SCB
  5. Click on ‘LC Issuing Officer
Now here you will find the instruction and registration link to submit the application form.


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