Masa Cubric

Experience

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  Key Corporate & Commercial Bank

  Mar 1997 - Mar 1999

  Financial specialist, Department for leasing and auto credits

   Reviewed loan documents and, as needed obtained additional information required for loan booking  Prepared daily drafts reports and monthly audit reports, and distributed them to the upper management

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  Wells Fargo

  Feb 2000 - Feb 2007

  -Managed entire process of issuing and amending import letters of credit. -Ensured credit availability for issuance of letters of credit for corporate and small business clients in order to prevent risky transactions-Provided a liaison between domestic applicants and Hong Kong branch-Provided technical guidance to Relationship Managers, clients, and overseas branches regarding issuance of L/C. -Examined complex import/export documents for their compliance with terms and conditions of letter of credit, UPC 500 and government regulations.-Negotiated payments at sight, banker’s acceptance, transfers and foreign exchange payments.-Handled tight deadlines and resolve a wide variety of customer inquiries.

  • Import Letter of credit issuance specialist, International Division

    Feb 2004 - Feb 2007

  • Import Letter of credit Specialist, International division

    Feb 2000 - Aug 2004
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  NLB Komercijalna banka

  Nov 2007 - Sept 2018

  Senior analyst for global trade and international payments

   Opened and managed over 200 commercial multicurrency accounts for residents and non-residents clients Managed accurately and efficiently cross-border payments from corporate and small business clients to their beneficiaries around the world without any errors during a period of 10 years  Issued payment orders to the correspondent banks via SWIFT network and processed straight-through trade payments to EU countries using SEPA and IBAN format Successfully managed all incoming and outgoing SWIFT inquires, assuring adherence to the 24 hours SLA , thereby mitigating the bank monetary risk and increased customer satisfaction  Coordinated issuance of Guarantees/Stand-by and import Letter of Credits between clients, underwriters and the Trade Finance issuing department Monitored and executed incoming international payments via nostro/vostro accounts and managed international accounts receivables/payables for clients Converted domestic currency to the foreign exchange payment amounts using FX rates, spot trade or forward contract rates through daily interaction with a Trading floor Provided consultative expertise on all Global-trade products to clients and stopped email fraud resulting in customer saving of more than EUR 1.5 million Implemented policies and procedures in compliance with the law for foreign exchange and trade operations, with a focus on applying international regulations and standards using AML, OFAC, BSA , KYC policies and procedures As a subject matter expert accompanied Relationship managers to support clients on their export/import operational needs leading to acquisition of new VIP clients Show less

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  Wells Fargo

  Jan 2019 - now

  Financial Crimes Specialist - Global Sanctions Screening and Reporting / Risk Managment

   Accurately and efficiently monitored international wires and trade finance instruments for potential matches and alerts to the Office of Foreign Assets Control (OFAC), Specially Designated National (SDN) lists or internal proprietary watch lists Reviewed and managed trade deals and export transactions for their compliance with export licensing, re-export, Bureau of Industry and Security (BIS) regulations, U.S. International Traffic Regulations (ITAR), Export Administration Regulations (EAR), U.S. sanctions administered by OFAC and U.S. anti-boycott regulations. Conducted independent study of OFAC regulations and other regulatory body updates (i.e., FBI, UN, OSFI, Bank of England, EMEA, APAC, etc.), GSMOS procedures, and corporate policies and provided an adequate rational for dispositioning alerts. Determined if there is a true match to a suspect name, reviewed, thoroughly analyzed and dispositioned wire transactions and letters of credit  Validated on positive search results and provided comprehensive research information to support the resolution of a match providing written and verbal communication on issues to management. Closely monitored trade finance instruments (import/export /stand-by letters of credit) if they comply with U.S. national security, foreign policy, and economic objectives by ensuring an effective export control  Reviewed Trade shipping documents to determine disposition of potential sanctioned hits, military and dual-use goods and obtained additional details from LOB if required.  Build efficient and effective False Positive rules when warranted to minimize true false positive alerts from re-alerting. Monitored and reported complex risk to determine permissibility under global sanctions and BIS-Bureau of Industry and Security regulations  Monitored GSSRG’s mailbox and resolved variety of deferent issues and inquires  Provide subject matter knowledge and interpretation of procedures to less experienced staff Show less