Officer - Trade Services

National Bank of Fujairah; Fujairah City; On-site; AED 80,000 - 100,000; Full time

Job summary

A prominent banking institution in Fujairah seeks a professional to process customer instructions in compliance with policies and regulations. The candidate should have a Bachelor's degree in a business-related field and experience in banking operations or trade finance. Key responsibilities include ensuring transaction verifications and maintaining process documentation. Good knowledge of ICC rules and AML regulations is necessary.

Qualifications

• 3 year’s prior experience in banking operations or Trade Finance Back office experience.
• An understanding of AML within the UAE and Central Bank regulations relating to transactional processing.

Responsibilities

• Process customer instructions within service delivery standards.
• Ensure that all processed transactions are verified and compliant.
• Maintain MIS of various processes handled.

Skills

Good knowledge of various ICC rules and regulations

Good English language aptitude

Basic computer skills

Education

A minimum degree (Bachelors) in a business related field or equivalent

Job description

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To process customer instructions within agreed service delivery standards strictly as per NBF policies, procedures, Regulatory guidelines and within relevant ICC rules & regulations.

Key Accountabilities

• Responsible to carry out customer/counter party instructions strictly as per laid down policies & procedures and forward for verification/authorisation as per prescribed threshold limits.
• Responsible for collection of relevant charges, application of preferential charges/waivers, usage of margin etc for the transactions handled.
• Strict adherence to various manual controls imposed and completion of checklists where required.

Other Accountabilities

• Ensure that all processed transactions are verified by the concerned authorisers; swift messages are routed/authorised; EOD review of all pending items.
• Responsible for strict compliance to agreed performance standards for all services processed.
• Responsible for extraction and review of Beginning of Day (BOD) reports from T24 (online and email reports) relating to the jobs currently assigned.
• Strict compliance to Anti Money Laundering guidelines & Bank’s Compliance policy
• Responsible for upkeep of relevant files including periodical physical verification of same.
• Responsible for movement of completed documents to off- site storage on a regular basis.

Job Context

Maintenance of MIS of various processes handled.

Education

A minimum degree (Bachelors) in a business related field or equivalent

Experience and Skills

• Good knowledge of various ICC rules and regulations.
• CDCS Preferred
• 3 year’s prior experience in banking operations or Trade Finance Back office experience
• An understanding of AML within the UAE and Central Bank regulations relating to transactional processing
• Basic computer skills
• Good English language aptitude

Data Management- Trade Services- Basic

Core and Regulatory Banking Systems- Trade Services- Basic

Process Re-engineering- Trade Services- Basic

Policies and Procedures- Trade Services- Basic

Customer Service- Trade Services- Proficient

Transaction Processing and Control- Trade Services- Proficient

Product Knowledge and Documentation- Trade Services- Proficient

Change and Innovation - Basic

Communication - Basic

Evaluating and Solving Challenges - Basic

Results Orientation - Basic

Working and collaborating with others - Basic