Wednesday, 3 December 2014

Trade Finance Representative Needed at RAKBank in Dubai, UAE

Job Title: Trade Finance Representative
Job Ref: JB3143777
Job Location:Dubai, UAE
Job Division: Central Operations
Job Role: Back Office Operations
Employer: RAKBank

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

Job Duties:

•Carry out all Trade finance transactions, ensuring all activities are completed within timescales and with a high degree of accuracy while adhering to Banks policy and process.
•Should have adequate knowledge of all Trade Finance products, UCP 600 & be familiar with Trade Finance rules & regulations.
•Process outward remittances and ensure all remittance requests are processed and reconciled by end of day.
•Ensure that there are no duplicate transactions processed and de dupe system is updated.
•Liaise and interact with Trade finance customers and seek clarifications in Trade transactions when required.
•Escalate promptly if any irregularities/incident that may lead to risk or financial loss.
•Ensure all day to day activities are in compliance with Anti-Money laundering and other regulatory requirements laid down internally and by Central Bank.
•Identify and recommend improvements to existing procedure and processes, suggest changes for improving controls and reducing cost without compromising on service quality.
•Be proactive in a wide range of customer enquiries and issues, resolving these or escalate as appropriate.
•Provide support to other team members as required to assist in the smooth operation of the department.
•Perform any other duties or tasks required or instructed by the officer / manager to support the smooth operation of the department.


• Should have adequate knowledge of all Trade Finance products, UCP 600 & be familiar with Trade finance rules & regulations
• Should have minimum 2 years’ experience in Trade Finance and handling a similar role

Deadline Date: 18/01/2015