Fahreta Boskovic

About Fahreta Boskovic

What is the difference between a Standby Letter of Credit and a Bank Guarantee?As a Specialist in Letters of Credit and Bank Guarantees providing over 10+ years experience in - International Banking & Trade Finance- Export/Import Trade Finance Services- Bank Guarantees (Bid/Performance Bonds, Warranty/Advance Payment Guarantees)- Standby Letters of Credit- URDG 758, UCP600, ISBP, Incoterms- Languages: English, German, French, Spanish, Montenegrin

Experience

1. Vice President Issues Management Chief Control Office

   Northern Trust

   Oct 2025 — Present

   Lead the development, implementation, and maintenance of enterprise-wide projects for Issue Management, ensuring compliance and best practices. • Conduct deep risk and control analysis, including root-cause assessments, control design, and remediation planning to address complex challenges and prevent recurrence. • Establish and maintain robust Issues Management Procedures and Job Aids, supporting consistent application of standards and effective control identification. • Coordinate with Issue Managers, Identifiers, and 2LoD partners to ensure consistency and accountability in issue management and resolution. • Report and manage issues, identify gaps, drive capability enhancements, and support testing and validation. • Deliver executive-level dashboards, trend analytics, and governance insights to senior leadership and risk committees. • Engage across all lines of defense to embed a culture of accountability, transparency, and continuous improvement.

Education

• FHWien der WKW

  Business Consultancy and Management

Skills

• Credit
• Microsoft Word
• Financial Analysis
• Bank Guarantees
• Payments
• Customer Service
• Trade Finance
• Serbian
• Foreign Exchange
• Banking
• Banking and Finance
• Risk Management
• Letters of Credit
• European Union
• Credit Analysis
• Microsoft Office
• Finance
• Urdg758
• French
• Financial Translation
• Sblc
• German
• Financial Services