Wednesday, 3 December 2014

Trade Finance Manager Job Vacancy at RAKBank in Dubai

Job Title: Trade Finance Manager
Job Ref: JB3143902
Job Location:Dubai, UAE
Job Division: Central Operations
Job Role: Back Office Operations
Employer: RAKBank

Job Overview:
We are looking to hire Trade Finance Manager to join our Trade Finance Team.

Job Duties:

•Manage trade finance transactions, ensuring all activities are completed within timescales and with a high degree of accuracy, whilst providing excellent customer service, to both external and internal customers, and adhering to all appropriate process and procedures.
•Approve transactions & manage the various operational risks within laid down parameters
•Manage import and export documents under L/C, check and authorize guarantee to be issued and authorize the Trade finance swift messages through Fwift Alliance.
•Assist to identify and provide solutions on potential risks areas and implement the proposed solutions.
•Ensure no operational losses happen due to errors or lapse in laid down controls.
•Ensure compliance with policy, procedures, standards and reporting requirements, plus any relevant regulatory and statutory requirements
•Ensure staff reporting meets service standards as per Service Level Agreements or cut-off times mentioned in operating procedures.
•Identify and initiate improvements to work, customer service, quality, work processes and organisational matters in order to contribute to business efficiency goals.
•Collate information, produce and submit reports to management to ensure the accuracy and timely delivery of information to management as required.
•Escalate promptly if any irregularities/incident that may lead to risk or financial loss.
•Ensure that individuals under supervision have appropriate levels of competency and skills in order to effectively carry out their roles.
•Manage the appraisal, recruitment, development and training of team members to ensure their individual and collective performance meets or exceeds the required standard.



Should have adequate knowledge of all Trade Finance products, UCP 600 & be familiar with Trade finance rules & regulation
Ideal candidate should have minimum 7 years’ experience in Trade Finance and handling a similar role
Team Management Experience

Deadline Date: 18/01/2015