Trade Operations Officer
4 weeks ago
Ensuring accurate and timely fulfilment of day-to-day tasks, business requirements in accordance with the regulatory and performance standards of the organization.
Job Accountabilities:
- Bank's product Suite (LCs, LGs, SWIFT, Treasury Products) process including verification of supporting documentations.
- Validation and processing of all Treasury, Trade and SWIFT products terms including monitoring debtor concentration, aggregate exposure caps, etc. and authorizing transactions.
- Tracking receipts to ensure settlement of related financing.
- Reviewing the transactions in liaison with the Bank's policies and procedures.
- Input monitoring of progress and approval terms; Verification of documentation in support of loans and managing the related limits, including contract specific.
- Monitoring of Receivables and other cash flows that have been assigned to the Bank for debt service.
- Coordinate with officers for Trade, Treasury, SWIFT, BUNA related activities like renewal/ disputes including projects/ contracts until completion.
- Preparation of reports related to the process.
Qualifications, Experience & Skills:
Qualifications:
Bachelor's degree in Commerce/ Banking/ Economics/ Finance.
Experience:
At least 3 years relevant experience in UAE banking sector, specifically in Credit Administration/ Credit Operations/ Relationship Management or other similar roles.
Job Specific Skills:
Expertise in understanding and interpreting regulatory & Retail & Corporate credit approvals / requirements.
Preferred Certification/ Training:
Working knowledge in banking applications.
Generic Skills Requirements:
Excellent skills in MS Office.
Seniority LevelEntry level
Employment TypeFull-time
Job FunctionAdministrative
IndustriesBanking
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