Job Description
Service a portfolio of clients through the processing of various Traditional Trade and Cross Border payment products including the resolution of queries and requests originating from both internal and external clients. Provide sales support to the RMBN coverage and Global Markets sales teams.
The Successful Candidate Will Be Responsible For The Following
End-to-end processing of all domestic and relevant cross border and local payments, and all transactions on Letters of Credit, Foreign Documentary Bills for Collection, Local and Foreign Guarantees
Compliance with all applicable procedures, rules, laws and regulations
Ensuring that functions are administered as per laid down Audit requirements. Communicating and explaining transactions clearly and coherently to both internal and external clients
Providing process assistance and resolution of queries to internal and external clients
Meeting specific performance and team targets
Daily filing and diarizing
Interpreting, understanding and acting in terms of the customers’/banks’ instructions
Identifying potential risk areas for both the customer and the bank and to recommend alternatives
Identifying cross-selling opportunities
Formulation of innovative solutions
Outstanding level of service provided to customers/branches and other business units
Ensuring that transactions are transacted in accordance to regulatory guidelines
Ongoing evaluation and improvement of turnaround times and ensuring process efficiency levels
Taking personal responsibility for personal up-skilling and further development Supporting the Markets and Coverage sales teams with on-client site product sales
Providing support to the COO and undertake any additional duties as may be required
Education And Qualifications
The successful candidate should have at the minimum, a bachelor’s degree in Banking, Finance, Accounting, Computer Science, Engineering, or a related discipline. A master’s degree would be an advantage.
Experience
Minimum of 5 years’ experience and proven track record in Traditional Trade, domestic and cross border payments environment.
Detailed understanding of the Nigerian Banking Industry
Professional Qualifications:
CDCS Certification.
CIBN certification would also be an advantage
Technical Skills and Competencies:
Thorough understanding of the application of different trade financing options and settlement methods available
Knowledge and understanding of foreign exchange, exchange control, credit aspects (liabilities and exposure), mandates, SWIFT formats, Nostro accounts, Swift RMA
Knowledge and understanding of the local settlement environment
Knowledge of:
Foreign exchange
Nigerian exchange controls i.e. Import and export forms, duty and vat payments, etc
Credit aspects including liabilities and exposure
Mandate management
SWIFT and the associated formats, inclusive of the 100, 200, 400, 700, 900 and n series
SWIFT RMA
A thorough understanding of Nostro accounts must be displayed. In addition, thereto, sound reconciliation principles are to be adhered to in the clearing of outstanding Nostro items. This includes the query process in house, to clients and to Nostro correspondent and RMA customers
Understanding and application of the principles of the various ICC publications, UCP 600, URC 522, ISBP 2007, URDG 758, URR 725 and Incoterms 2010
Thorough working knowledge of the rules and international laws governing trade and the legal implication thereof on the business
Comprehensive computer skills and working knowledge of MS Office
Thorough understanding of country and bank risk
Competencies
Excellent written and oral communication
Interpersonal skills and ability to network within an organization
Ability to engage customers in selling trade propositions
Multi-tasking skills
Analytical and problem-solving skills
Information analysis and management
Ability to work under pressure
Effective time management skills
Customer focus (internal and external customers)
Attributes
Expertise: The ability to apply, maintain and develop professional and technical knowledge to develop higher quality solutions and add increasing value to the business, as well as sharing knowledge and experience with others.
Customer service orientation (internal and external): Seeks to exceed customer expectations, makes efforts to add value by identifying and addressing underlying needs. Takes personal responsibility for delivering customer solutions, makes self fully available, especially in difficult periods.
Achievement Driven: Sets and works to meet challenging goals, where there is a definite stretch, but the goal is not unrealistic. Targets are specific and measurable.
Analytical thinking: The ability to speedily absorb and analyze information and data, identify problems, patterns, trends, causes and corrections.
Teamwork: Acts to build team spirit and morale, improves team effectiveness by encouraging the team to work to a common goal, resolves conflict in the team, and promotes the team to other areas of the business
Initiative: The desire to take initiative, doing more than is expected or required in the job, and endeavoring to improve or enhance job results, avoid problems and find or create new opportunities
Self-confidence: The confidence to weigh up a situation and make a quick, clear decision or judgment against a background of uncertainty or lack of information. Belief in one’s own capability to take on challenging tasks and assignments.
Apply via :
firstrand.wd3.myworkdayjobs.com