Senior Trade Middle Office at First Abu Dhabi Bank is responsible for processing all Trade Finance products ( Funded & Unfunded) in Trade Finance Operation and ensure quality and timeliness of the delivery in a cost-efficient & error-free manner, subject to high risk management and Bank’s / Regulator’s Compliance standards. Trade Finance department- Middle Office Unit facilities execution of all Trade transactions originated primarily by WBG (CIB, CB, FI, IB and Islamic Banking) and by Consumer Banking Group. This is a senior level and full time role and for this job the salary ranges from 10000 AED to 18000 AED.
Responsibilities of Senior Trade Middle Office
- Target Zero complaints, minimum 98 percent adherence to TAT standards as agreed with business.
- Achieve more than 90% satisfaction score in the internal customer survey.
- NIL unauthorized breaches in Policy/regulatory requirement ad SOP’s. 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 improvements) proposals found fruitful by management. No. of successful PI’s implemented.
- Execute departmental initiatives as advised.
- Number of cross functional desk supported during the year.
Requirements of Senior Trade Middle Office
- Bachelor’s degree in any stream or related Discipline.
- Minimum 2- 3 years of experience in Trade finance with hands on experience in all trade finance products.
- Hands on experience on Core Banking Solutions.
Skills and Knowledge Desired
- Thorough understanding of ICC Rules, local laws and legal risks, trade documentations, shipping terms and standard operating procedures of the bank.
- Good communication, presentation, and analytical skills.
- Specialisation in own area of work and working knowledge of all Trade products.
- Conversant with MS Office and other Analytical tools.
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