Ali Elzein

Driven professional with proven leadership and problem-solving abilities, complemented by strong organizational and communication skills. Successfully manages teams and projects with a focus on productivity and collaboration. Committed to driving positive outcomes and fostering a supportive work environment. Ready to contribute to organizational success through effective team management.

Assistant Manager (Trade Finance) at AlAhli Bank of Kuwait (2007-05 – Present)

• Authorized issuance, amendment, and cancellation of Import L/Cs in line with bank policies and UCP 600.
• Review and approve or reject applications for letters of credit, adhering to related regulations and standards. Negotiates and resolves issues with customers.
• Reviewed L/C applications, ensuring accuracy, completeness, and compliance with regulatory requirements.
• Verified insurance coverage and coordinated with insurers as per L/C terms.
• Authorized lodgment, scrutiny, and retirement of import documents.
• Ensured proper discrepancy handling and timely communication with customers and counterparties.
• Approved bill negotiation, payment and discounting transactions within delegated authority limits.
• Ensured transactions are processed in compliance with Central Bank guidelines and policies.
• Authorized advising, confirmation (if applicable), amendment, and settlement of Export L/Cs.
• Reviewed export documents for compliance with L/C terms and international guidelines.
• Ensured timely realization of export proceeds and proper follow-up on discrepancies.
• Handled customer queries and provided resolution for smooth transaction processing.
• Authorized inward collection transactions, including document checking and lodgment.
• Approved payment processing and ensured correct accounting entries.
• Ensured timely release of documents against payment or acceptance.
• Authorized dispatch of export collection documents to correspondent banks.
• Verified document compliance before forwarding under collection instructions.
• Monitored outstanding bills and ensured timely follow-up for realization.
• Approved receipt of payments and ensured proper closure of transactions.
• Authorized issuance, amendment, extension, and closure of guarantees.
• Ensured compliance with approved limits, security coverage, and bank policies.
• Reviewed guarantee texts to mitigate legal and financial risks.
• Handled claims processing and ensured timely action as per terms.
• Authorized risk participation transactions (both funded and unfunded).
• Reviewed underlying exposure, documentation, and counterparty risk.
• Ensured compliance with internal risk frameworks and regulatory guidelines.
• Monitored exposure limits and ensured accurate reporting.
• Reviewed and authorized maker-level entries to ensure accuracy and completeness.
• Strengthened internal controls and ensured audit/regulatory compliance.
• Managed customer escalations and ensured high service standards.
• Coordinated with internal and external stakeholders for smooth operations.
• Maintain procedure manuals and daily process checklists ensuring efficient deal management.
• Trade Finance reconciliations.
• Supervises, coaches and trained staff on the operating system and process related activities.
• Follow up work of clerical support staff to ensure efficient functioning of activities and provide guidance to them in their day-to-day.

Financial Department at Easa Hussain Al Yousifi (Panasonic) (2006-01 – 2007-01)

• Provide service to customers via telephone and email.
• Respond to all inquiries with work hours.
• Find easy ways to make customers understand the information without any misunderstanding.

Bachelor in Finance and Management Banking – Applied Science Private University (2002 – 2006)