Christopher Itomo (GHSE, CITF, CDCS, CATP, CSCF, MBLIF, MBA)

Experience

• 

  Stanbic IBTC

  Jul 2011 - now

  • Ensured both international and domestic trade transactions were processed in compliance with laid down procedures, service standards and key control standards.• Ensures compliance with required import language for international orders. • Uploads LC issuance/amendment requests on the Remedy for processing and tracks LC/amendment advices with correspondent banks.• Carries out the preparation and uploading of credit ticket on Echosign for sign off by CIB Account Management Unit. • Updates LC pending register for fresh LC’s (requests received through ITC & LC application forms) and removes LC requests logged from pending schedule.• Examined and accurately processed international shipping/trade documents.• Sends out receipt of document presentation advice and accrued interest charges to various clients.• Checks EE to ensure client’s limit are not exceeded before logging request on Remedy. Show less • Expeditiously processed all requests to issue and amend Import Letter of Credit in line with processing and regulatory guidelines• Ensured same day processing of all items and submitted to Team Leader daily for releases.• Processed all trade transactions in compliance with exchange controls regulations and rulings. • Ensured strict compliance to recommendations made in Routine Control Officers’ reports.• Maintained all routine standards at all times with guidance from Audit findings and expectations to ensure full compliance• Liaised with correspondent banks to ensure acceptable international banking operations and prevent processing delays• Opened a Letters of Credit Contingent Account on Core Banking Application and pass all the necessary entries• Reviewed incoming SWIFT messages relating to L/Cs and carried out daily reconciliation of entries on both Nostro and open position accounts.• Oversaw the prompt resolution of enquiries as well as queries received from foreign banks, customers and other business units.• Ensured all foreign exchange rates were correctly captured as advised by the General Manager. • Recorded all Import Letters of Credit in a register and attended to the recovery of the Letters of Credit commission promptly Show less • Carried out the registration of shipping documents on Remedy console and uploaded them on the PAAR platform.• Followed up with the Nigerian Custom Service to ensure timely collection and reconciliation of PAARs.• Notified respective account officers on PAARs collection.• Oversaw the release and dispatch of PAARs/shipping documents to customers.• Recorded daily PAARs received on excel spread sheet and remedy application.• Ensured acknowledgement copies are obtained and filed accordingly. Show less

  • Trade Finance Manager

    Nov 2021 - now

  • Trade Officer/Specialist (Trade Front Office)

    Jun 2019 - May 2023

  • Trade Officer/Specialist (Letter of Credit Establishment)

    Jan 2017 - Jun 2019

  • Pre-Arrival Assessment Report Officer (PAAR)

    Jul 2012 - Jan 2017

  • Shipping Documents Support Staff (NYSC)

    Jul 2011 - Jun 2012