Job Description

Description

Senior Officer- Trade Finance Operations

One FAB Tower, Abu Dhabi, United Arab Emirates

Full-time

Division: GCOO

Sub Division: Group Operations

Company Description

Now it's your time to join the #1 bank in the Middle East and one of the most prestigious financial companies in the region. Shaking up the world of banking requires a lot of smarts and skill. We're looking for the brightest and best to help us reach our goals and we'll also help you reach yours. Your success is our success as you grow stronger in your career. Join us and leave a legacy of your own, as a pioneer in both the company and the industry.



JOB PURPOSE:

The job-holder is responsible for processing all Trade Finance products ( Funded & Unfunded) in Trade Middle office and ensure quality and timeliness of the delivery in a cost-efficient & error-free manner, subject to high risk management and Bank's / Regulator's Compliance standards.

Trade Finance department- Middle Office Unit facilities execution of all Trade transactions originated primarily by WBG (CIB, CB, FI, IB and Islamic Banking) and by Consumer Banking Group.

• KEY ACCOUNTABILITIES:

Generic Accountability

Policies, Systems, Processes & Procedures

Follow all relevant departmental policies, processes, standard operating procedure and instruction so that work is carried out in controlled and consistent manner.

Demonstrate compliance to organization's value and ethics at all times to support the establishment of a value drive culture within the bank.

Continuous Improvement

Contribute to the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction.

Reporting

Assist in the preparation of timely and accurate statements and reports to meet department requirements, policies and quality standards.

Job Specific Accountabilities

The Job-holder is responsible for processing in a sub section of operation, within a specific product or functional area and ensure quality and timeliness of the delivery in cost-efficient & error- free manner, subject to high risk management and Bank's / Regulator's compliance standards S/he is expected to support the department in

Pre - Processing transactions pertaining to Trade Finance products

Interact with customer/internal stakeholders in query resolution, support, and technical guidance

Ensuring adherence to agreed SLA with timely updation of transaction in the appropriate system, along with ownership for review of related SOP

Minimising operational risks for the Bank by ensuring that all transactions processed comply fully with underlying customer or internal instructions and that these instructions are properly processed.

Assisting the Supervisor and Section Head in delivery and support function including periodic self-assessments, preparation of statistical data and performance MIS, Daily and Monthly Proofing and reconciliation, Business Continuity planning and correspondence of routine business nature

Evolving as a subject matter expert and support the section in Testing and Training for relevant Product related enhancements, technical assistance, and service requests

Ensuring adherence at all times to external and regulatory guidelines and domestic and international norms as applicable.

Maintaining the highest level of internal and external customer satisfaction standards

Must live up to the core values and be able to challenge any process / procedure, share ideas and initiatives across teams / units.

Pursue opportunities for enhancing operational efficiencies, customer service and operational controls by identifying process improvements

Prepare statistical data for internal and external relationship

To escalate transactions of unusual/ suspicious nature and matters requiring attention of higher authority

To ensure safe custody of records.

Generate Cost reduction ideas and following up for implementation during the year

Support Multi desk and multi-function within the department

Qualifications

Minimum Qualification

Bachelor's degree in any stream or related Discipline. CITF/CDCS/CSDG preferred

Through understanding of ICC Rules, Local laws and legal risks, trade documentations. Shipping terms and standard operating procedure of the bank.

Minimum Experience & Skills

Minimum 2- 3 years of experience in Trade finance with hands on experience in all trade finance products

Thorough understanding of ICC Rules, local laws and legal risks, trade documentations, shipping terms and standard operating procedures of the bank.

Hands on experience on Core Banking Solutions

Good communication, presentation, and analytical skills

Specialisation in own area of work and working knowledge of all Trade products

Conversant with MS Office and other Analytical tools.