Trade Finance Senior Manager Al Futtaim Private Company LLC

Al Futtaim Group is currently seeking an experienced treasury professional to join their Global Treasury Center team in the capacity of Senior Manager Trade Finance. The role requires Strategic decision making, deep understanding of the issues, managing risk and providing solutions and support.  As a Senior Manager Trade Finance, the role requires a very sound operational skill, solution providing and problem solving abilities to execute the transactions. The person must work as a bridge between the businesses and the Backoffice for day-to-day operations in getting things done and providing best support to the Businesses. The Role also involves active participation in Treasury projects, system improvement, new system implementation etc. 

Duties of Trade Finance Senior Manager

• This role will require you to provide solutions and support in managing complex trade finance related transactions in a professional, practical and cost-effective manner across all business units of the Group.
• Review the existing internal processes and provide solutions to improve the overall quality of service to the business units.
• Review the existing System functionalities and provide suggestions to improve it or alternatively seek other trade finance platforms available in the market to suit the needs of the Trade finance.
• Deliver new system improvements for Trade Finance in the areas of system configuration, Development, Working with Implementation Partners, UAT, User training, Rollout processes, and post-implementation support to users.
• Provide support in various ongoing Treasury projects and provide effective contribution.
• Provide your support to the Business units and the Backoffice for day-to-day operations in trade for successful and timely execution of Guarantees.
• Coordinate with the external business partners i.e., Banks in Trade finance deal executions.
• Review the existing bank’s tariff and facilities and provide your inputs to Corporate Finance team.
• You will co-ordinate with other teams of GTC Cash Management, Corporate Finance, Governance and Control in their functions whenever required.
• You will support in producing Strategic and Operational Reports, and Trackers to monitor results and help in areas requiring improvements.
• Responsible in establishing and ensuring that all housekeeping activities are kept in-tact and in line with documented Policies, Procedures.

What You’ll Do More?

• Coordinate and Support the Internal Audit teams in their review process and providing suitable response on the observations.
• Responsible for effectively processing/checking/verifying and authorizing transactions as per approval matrix, ensuring processing is carried out in a controlled manner.
• Effectively monitoring compliance to regulatory guidelines and local in Trade Finance Processes and improving the controls to identify.
• Train and share your knowledge with UAE Nationals on Trade Finance Products.
• Provide your support to your line manager in achieving higher performance results for overall success of the team.
• The position covers supporting the business units operating in various geographies UAE, GCC, SEA and Africa.

Requirements for Role of Trade Finance Senior Manager

The eligibility requirements for role of Trade Finance Senior Manager are as under:

• Graduate in Accounting / Finance / Banking
• Minimum 10 Years of comprehensive experience in Trade Finance role, preferably in large commercial organizations or a financial institution.
• CDCS and CSDG qualification will be an added advantage.

Desired Skills

• Knowledge of Trade Finance Rules – UCP600, URDG 758, URC522 and Incoterms 2020.
• Knowledge in Accounting / Finance.
• Proficiency in MS Office tools (Excel, Word, PowerPoint, Power BI etc.).
• Working Knowledge in SAP will be an advantage.

Trade Finance Operations Officer Abu Dhabi Commercial Bank