Manager Correspondence & Banking Relations
Bahrain, Bahrain
Job Description
BFCHRJ \xe2\x80\x93 137 \xe2\x80\x93 Manager Correspondence & Banking Relations | Bahrain About the role: The Manager \xe2\x80\x93 Correspondence and Banking Relations, is responsible for building and maintaining
mutually beneficial relationships, facilitating communications, and coordinating activities among Banks
and Financial Institutions.
Your Responsibilities:
met, prior to submission for Compliance review.
A university graduate with minimum of 5 years\' experience in relationship management, preferably in
financial institutions with complex business lines and customer value chains.
Other skills required for the job:
mutually beneficial relationships, facilitating communications, and coordinating activities among Banks
and Financial Institutions.
Your Responsibilities:
- Maintain and review current banking relationships across the Company, including relationships
- Nurture and build relationships with banks to achieve economies \xe2\x80\x93 lower transfer costs, better
- Continuously monitor relationships and their transaction patterns to ensure optimal economics
- Crisis management and problem resolution in case of bank funding and client payment gaps
- Support other teams, like Finance, by opening dialogue with the banks, and enhancing and
- Open new bank accounts / facilities (including lines of credit) as appropriate.
- Liaise with Compliance to ensure smooth processing of KYC and due diligence processes, in
- Review banking relationships and negotiate agreements to profitability. Rejuvenate unprofitable
- Collect, analyze, and utilize data and feedback to identify opportunities to improve interfaces.
- Coordinate with new and existing wholesale counterparties and comply with due diligence
met, prior to submission for Compliance review.
- Responsible for WHS client onboarding in coordination with the Business. Maintain KYC
- Acts as a coordinator between the counterparties and the Business/Compliance.
- Monitor SLAs between entities and escalate any gaps and/or under performance.
- Ensure compliance with internal controls, policies, and procedures.
A university graduate with minimum of 5 years\' experience in relationship management, preferably in
financial institutions with complex business lines and customer value chains.
Other skills required for the job:
- Excellent verbal and written communication, interpersonal and analytical skills.
- Excellent existing relationships with FIs and preferred banking experience.
- Business acumen
- Time Management & Organization skills
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Job Detail
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Job IdJD1527473
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationBahrain, Bahrain
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EducationNot mentioned