First Abu Dhabi Bank (FAB)

Senior Officer- Trade Finance Operations (Emiratized Role)

Posted: 1 minutes ago

Job Description

Company DescriptionJoin 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: FAB Centralised Operations is a part of the Business Support Group that provides transaction processing and other operational services to First Abu Dhabi Bank, its subsidiaries and affiliates across various lines of Business. The highest standards of control and risk oversight is maintained to ensure that the large amounts of financial transactions that take place every day do not entail any unanticipated risk to the Bank or its customers.Trade Finance department services the Trade transactions originated primarily by WBG (CIB, CB, FI, IB and Islamic Banking) and also by Consumer Banking.Specific AccountabilityZero Ops Loss; NIL near miss / income leakage event; target zero high risk error Target zero complaints, minimum 95 percent adherence to TAT standards as agreed with business. Achieve more than 90% satisfaction score in the internal customer survey. Nil unauthorised breaches in Policy/regulatory requirements and SOPs. 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 audits.No. of PI (process improvement) proposals found fruitful by management. No. of successful PIs implemented.Execute departmental initiatives as advised.Number of cross functional desk supported during the year.QualificationsMinimum QualificationBachelor’s degree in any stream or related discipline. CITF preferredThorough understanding of ICC Rules, local laws and legal risks, trade documentations, shipping terms and standard operating procedures of the bank.Specialisation in own area of work and working knowledge of all Trade productsMinimum Experience & Skills Minimum 3 years of experience in Trade Finance with hands on experience in all trade finance products.Hands on experience on Core Banking SolutionsGood communication, presentation and analytical skillsConversant with MS Office Products (Word, Excel-Macros, Pivot, MS Access) and other Analytical tools.Working knowledge of associated activities like the ones related to IMB, Insurance Business, SWIFT etc.,Extensive knowledge of UCP600, URC522, ISBP, ISP98, URDG758, URR725, Incoterms 2010, ICC Banking Commission opinions etc.,

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