Senior Officer- Trade Middle Office

4 weeks ago


abu dhabi, United Arab Emirates First Gulf Bank PJSC Full time
Join the UAE’s largest bank and one of the world’s largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders and communities to grow through differentiation, agility and innovation.We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting & dynamic industry.Job DescriptionJOB PURPOSE:The job-holder is responsible for processing all Trade Finance products ( Funded & Unfunded) in Trade Finance Operation 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:Target Zero complaints, minimum 98 percent adherence to TAT standards as agreed with business. Achieve more than 90% satisfaction score in the internal customer survey.NIL unauthorized breaches in Policy/regulatory requirement ad SOP’s. Satisfactory rating in all audits-INA/RMU/OCS/Self- Assessment.NIL breaches in housekeeping (reconciliations. Tracers ,DCFCL etc)NIL critical findings in regulatory/external/internal auditsNo. of PI (Process improvements) proposals found fruitful by management. No. of successful PI’s implementedExecute departmental initiatives as advised.Number of cross functional desk supported during the yearQualificationsBachelor’s degree in any stream or related Discipline. Through understanding of ICC Rules, Local laws and legal risks, trade documentations. Shipping terms and standard operating procedure of the bank.Minimum Experience & SkillsMinimum 2- 3 years of experience in Trade finance with hands on experience in all trade finance productsThorough 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 SolutionsGood communication, presentation, and analytical skillsSpecialisation in own area of work and working knowledge of all Trade productsConversant with MS Office and other Analytical tools.
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