Section Head, Trade Finance (UAE Nationals)

TAAHEED; Abu Dhabi; On-site; AED 120,000 - 180,000; Full time

Job summary

An established industry player is seeking a Section Head for Trade Finance to oversee transactions and ensure exceptional service quality. This role is pivotal in managing operations within the banking sector, requiring a deep understanding of trade finance and international practices. The ideal candidate will possess strong analytical skills, effective communication in both English and Arabic, and the ability to make informed decisions to mitigate risks. Join a leading banking group that values human capital and offers a dynamic work environment where your expertise will significantly impact the organization’s success.

Qualifications

• 5+ years of Trade Finance experience in a major bank.
• Thorough knowledge of ICC Uniform customs and practices.

Responsibilities

• Supervise Trade Finance transactions ensuring high service quality.
• Analyze risk factors and review Trade Finance products.

Skills

Trade Finance Experience

Communication Skills in English

Communication Skills in Arabic

Risk Analysis

Knowledge of International Trade Practices

PC Systems Competency

Decision Making

Education

Bachelor in Commerce

Job description

Section Head, Trade Finance (UAE Nationals)

TAAHEED are currently engaged with the region’s leading Banking group to assist them in attracting the talent of the future. Our client is one of the most recognisable names in the Financial Services industry and is in an enviable position to be able to recruit high-calibre professionals across the business.

Sitting within the Operations department, we are seeking a Section Head to provide supervision of Trade Finance transactions and ensure that the quality of service rendered to customers is to the highest standard.

Accountabilities:

1. To work within the policy and procedural framework established, ensuring full up to date knowledge and understanding of policies and procedures at all times.
2. Analyze the risk factors and arrange for the appropriate type of amendment whenever it is required.
3. Review Issuance and Amendments of all Trade Finance products.
4. Analyze the terms and conditions of the Trade instruments in order to protect the interests of the bank.
5. Review all relative financial and non-financial transactions and ensure its accuracy.
6. Review of daily posting journal (interim beam report) against vouchers.
7. Allocate work to staff and monitor performance that must meet exacting standards both in terms of speed & accuracy.
8. Management of the staff and participating in the operational process.

Job Skills

1. Bachelor in Commerce or equivalent certificate.
2. At least 5 years of Trade finance related banking experience in one of the major banks.
3. Thorough knowledge of International Trade Practices, ICC Uniform customs and practices for documentary credits.
4. Good communication skills in English and Arabic to communicate effectively and both verbally and in writing.
5. Competent in the use of PC Systems and quick understanding of functionality and underlying processes.
6. Strong communication skills to resolve any issues with other parts of the business.
7. Demonstrate ability to function independently with accuracy, consistency and decision making ability to mitigate risk.

Language Requirements

English - Very Good
Arabic - Fluent / Excellent

About The Company

TAAHEED deliver pioneering recruitment solutions and consultancy services to MENA organizations that believe human capital is the major driver in building a ‘best-in-class’ team or company.