Senior Manager – Trade Finance Operations

Job specification

No of vacancies
: 1
Job Type
: Full Time
: 6 to 10 years
Job Code
: JB314
Expiry Date:
: May 31, 2018
Date of Joining (approx):
: May 31, 2018

Job summary

Functional area
: Banking and Finance
Job Role
: Ensure proper check and balance approach for trade finance processes
:United Arab Emirates

Job descriptions

    Key responsibilities:

    • Manage the centralized trade finance operations activities, viz.  Key responsibilities
      • Letters of Credit
      • Guarantees
      • Bills/ TRs
    • Implement objectives, policies, and procedures manual and user manuals for trade finance unit
    • Review requirements of business units in terms of operational support and discuss in detail with concerned business units
    • Ensure the change-over to new systems and processes is smooth and error-free 
    • Execute projects related to trade finance operations, ensure their timely completion, achievement of objectives and cost efficiencies
    • Execute transactions within pre-set standardized turnaround times for all trade finance activities and service level agreements with business units 
    • Review department delivery processes with a view to ensure smooth workflow within the department, reduce turnaround times and achieve efficiency and cost benefits
    • Ensure that all transaction processing is in compliance with regulatory and Bank’s policies, procedures, and standards with prompt intervention to resolve problems/ concern areas
    • Manage maintenance of transaction records, documents and create archival system for easy retrieval
    • Ensure proper check and balance approach for trade finance processes 
    • Monitor customer trade transactions, settlements and report any exceptions to concerned unit 
    • Develop and maintain relations with partner banks and Central Bank in order to facilitate and ensure smooth working support and quick resolution of issues/ concern areas
    • Direct, train and motivate subordinates to perform to consistently high standards in a team environment
    • Prepare regular reports/ MIS and analysis for senior management for effective monitoring and control.
    Required Skills:
    • Thorough knowledge & expertise in related jobs.
    • Advance Computer Skills
    • Result Oriented
    • Good Analytical Skills
    • Strong verbal & written communication and interpersonal skills.
    • Excellent administrative & coordinating skills
    • Good Leadership qualities & responsible behavior