Assistant RM – FI Emirates Islamic Bank Dubai

Full time @Emirates Islamic Bank posted 10 months ago
  • Dubai, UAE View on Map
  • Post Date : March 4, 2024
  • Apply Before : March 4, 2025
  • Salary: د.إ1,200,025,000.0 - د.إ1,200,025,000.0 / Monthly
  • 0 Application(s)
  • View(s) 20
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Job Detail

  • Job ID 10286
  • Career Level  Intermediate
  • Experience  Fresh
  • Gender  Female|Male

Job Description

Assistant RM – FI at Emirates Islamic Bank Dubai is responsible to drive revenue growth and profitability by managing a portfolio of Financial Institutions clients, ensuring high quality service delivery and identifying cross selling opportunities.

Responsibilities of Assistant RM – FI

Revenue Generation

  • Limit approval and utilization in select markets.
  • Coordinating with FI counterparties to book both funded and non-funded income.
  • Generate skim income through sell down activities.

KYC Support

  • Arranging the documents to onboard new counterparties.
  • Coordinating with compliance and governance teams to onboard new customers as per applicable internal policy.
  • Providing KYC documents to FI counterparties to complete their KYC processes on Emirates Islamic.
  • Responding to KYC queries/questionnaire with coordination with the compliance & governance teams.

Operations Support

  • Book new transactions against the approved limits.
  • Responding to correspondent bank queries related to payments with coordination with operations team.
  • Approach correspondent bank and resolve the payment and trade issues/delay/non receipt faced by Business / Operations team.
  • Support other business units in respect to their trade finance requirements vis à vis other correspondent banks.
  • Reconciliation of rebate entries and clearing correspondent charges.
  • Providing operational support in opening and closing nostro and vostro accounts.
  • Preparing credit memo to arrange necessary approvals for FI counterparties.
  • Providing support on Cash Management Business.

Requirements of Assistant RM – FI

  • Bachelor’s degree within the fields of Finance, Banking, Business Administration.
  • Preferably 3 years of experience in banking roles serving FI customers.
  • Experience to manage FI relationship and resolve their queries.

Skills and Knowledge Desired

  • Comfortable to operate and exceed in a competitive client-facing environment.
  • Proactive and driven profile.

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