The National Bank of Iraq (NBI) was founded in 1995 as a publicly traded, private sector company, offering comprehensive banking services to individuals and businesses in Iraq. As a result of NBI’s success and to fuel future growth, its capital was increased from the initial IQD 400 million to IQD 250 billion (USD 215 million) in December 2013. 

In 2005, Capital Bank Jordan acquired majority shares (61.85%) in NBI, allowing NBI to evolve its business offerings, strengthen its global footprint and promote financial inclusion across the country. 

With its extensive network of correspondent banks, Capital Bank stands as NBI’s gateway to world economies, facilitating internal and external remittances, granting lines of credit, as well as offering trade finance services. 

NBI operates a modern core banking system to support its growth and customer services. Capital Bank and its subsidiaries audit all accounts through Ernst and Young, and report financials in accordance with International Accounting Standards. 

NBI has earned a BB rating by Capital Intelligence, the international credit rating agency. It further received a ‘Good’ rating by the Central Bank of Iraq.

Today, NBI has more than 38 branches in all major cities in Iraq, and a branch in KSA. 

Technical & Operational Tasks:

• Perform credit inquiries: Conduct accurate customer inquiries through the Central Bank Credit Information Exchange (ICI) system, in accordance with approved procedures and controls.
• Data reconciliation: Verify that the data uploaded to the Credit Information Exchange system matches the internal banking system to ensure accuracy.
• Data discrepancy correction: Identify any inconsistencies between the two systems and coordinate with relevant departments to ensure prompt correction.
• Compliance with Central Bank instructions: Adhere to all regulatory requirements and Central Bank guidelines related to credit inquiry procedures.
• Coordination with concerned departments: Work closely with the Data Management and Operations departments to ensure data consistency and updates in line with Central Bank requirements.
• Adherence to policies and procedures: Strictly follow approved policies and procedures to ensure reliable and efficient execution of credit inquiries.
• Training and self-development: Stay updated on any changes related to credit inquiry systems or Central Bank regulations to enhance performance quality.
  • Perform any other tasks assigned by the department manager to achieve the objectives of the Credit Monitoring Department.

Job Specifications:

• Education: Bachelor’s degree in Accounting, Finance, Banking, or equivalent
  • Experience: 1–3 years of experience in a similar role