Senior Officer - Trade Services

National Bank of Fujairah; Fujairah City; On-site; AED 60,000 - 80,000; Full time

Job summary

Une banque reconnue aux Émirats recherche un professionnel pour rejoindre son équipe dans un rôle essentiel de vérification des transactions et de gestion des documents de financement commercial. Ce poste impliquera des responsabilités variées, y compris l'autorisation de transactions, la conformité aux réglementations bancaires et la gestion d'équipe. Le candidat idéal aura un diplôme en commerce, une expérience bancaire pertinente et d'excellentes compétences en communication en anglais.

Qualifications

• Minimum de 3 ans d'expérience dans les opérations bancaires ou le back-office des financements commerciaux.
• Connaissance des réglementations AML aux Émirats et des règlements de la Banque Centrale.

Responsibilities

• Responsable de la vérification/autorisation des transactions et de la gestion des documents LC.
• S'assurer de la conformité aux directives AML et politiques de la banque.
• Premier point de contact pour les clients concernant des activités gérées par la section.

Skills

Connaissance des règles ICC

Compétences informatiques de base

Aptitude à la langue anglaise

Education

Diplôme de licence dans un domaine lié au commerce

Job description

Job purpose:

• To verify/authorise transactions processed within agreed service delivery standards strictly as per NBF procedures, Regulatory guidelines and within ICC rules & regulations.
• To scrutinise and process LC within agreed service delivery standards strictly as per NBF procedures, Regulatory guidelines and ICC rules & regulations.

Duties and responsibilities

• Responsible for scrutinising LC (export & import) documents (either as a first or second checker) as per prescribed threshold limits strictly as per LC terms and ICC guidelines.
• Responsible for verification/authorisation of transactions, customer/counter party instructions within the prescribed threshold limits strictly as per laid down policies and procedures.
• Responsible for collection of relevant charges, application of preferential charges/waivers, etc. for the transactions handled.
• Evaluate the risk of each transaction handled and responsible to raise Transaction ticket for relevant approvals.
• Responsible for reconciliation of NOSTRO and suspense accounts are reconciled within the agreed time lines.
• Ensure that all swift messages prepared by the Processors are verified/authorised; EOD review of all NACK/Pending items for rerouting; successful acknowledgement obtained for all transmitted items.
• Responsible for extraction and review of Beginning of Day (BOD) reports from T24 (online and email reports) relating to the jobs currently assigned.
• 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.
• Notification discrepancies, if any, observed are communicated either through T24 or manually and transmission acknowledgement obtained for all rejections.
• EOD review of all pending items to ensure that the team maintains a clean desk policy
• Strict compliance to Anti Money Laundering guidelines and Bank’s compliance policy
• First point of contact for customer and business in case of queries/clarification with regard to activities handled by the Section.
• EOD review of all INAU/IHLD entries, daily review of suspense account, maintenance of MIS for activities undertaken by Section/Unit.
• Ensure self and staff carry out the functions as per NBF policies and procedures, regulatory guidelines and relevant ICC rules.
• Responsible for prompt replies to all messages/faxes/queries from counter parties, Business and customers. Ensure that reporting staff too are following the same.
• Responsible for staff performance appraisal, leave management, management of staff personal development plan and Training requirements.
• Responsible for raising ORER for all incidents and ensure recommended controls are implemented and strictly adhered to.

Qualifications:

• 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