Trade Finance Manager- Iraq - Tenders Global

Trade Finance Manager- Iraq

  • Contract
  • Baghdad
  • Posted 6 months ago

Standard Chartered

tendersglobal.net

Job: Operations
Primary Location: Africa & Middle East-Iraq-Baghdad
Schedule: Full-time
Employee Status: Permanent
Posting Date: 24/Nov/2023, 2:49:07 PM
Unposting Date: 02/Dec/2023, 2:59:00 AM

 

This role is open for Iraqi nationals only

Job Summary:

·    To handle Transactions relating to Counter Guarantee and other trade related products.

·    To serve as a contact person for customers and staff members for enquiries and problem solving for day-to-day business.  To manage the delivery of Trade Services to the FI customer base while meeting or exceeding the laid down service standards through regular contact with customer; to increase utilization and revenue generation for existing customer; and identify new names for marketing.

·    To ensure approvals are in place for all trade related transactions.

·    To assist Risk Manager in developing and updating of procedures, controls and monitoring plans for Operational Risk Management

·    To adhere to the agreed risk plans and approach

·    To identify and report all exceptions on non-compliance with standard controls

·    To identify and report all weaknesses inherent in the standard controls

·    To maintain proper record keeping.

·    To comply with the bank compliant management policy and process guide.

·    To comply with the bank compliant management policy and process guide.

  Responsibilities:

·  To ensure all trade transactions are accurately processed/input in accordance with the customers’ instructions and according to the bank’s operational instructions to protect both the customer’s and Bank’s interest.  Ensure customer satisfaction, zero errors, no customer complaints, no duplication of payments etc

·    Follow up with the hub Team for Proper process and better execution.

·   To ensure that all transactions are finalized in a timely manner and within the agreed service standards defined by the Bank for a particular customer and product.

·   To keep safely customer documents and also keep accurate and complete records/files for all transactions as per policy and country law

·  To approve all registered and uploaded Guarantees issued daily basis into CBI LG Platform system and to perform reconciliation on daily /Monthly basis between internal Trade system and CBI system.

·    Take appropriate corrective action and escalate problems

·  To maintain cordial relationships with Key Trade Services relations and to ensure understanding of business needs, customer satisfaction, zero errors, no customer complaints, no duplication of transactions etc

·    Maintaining a low transaction processing error rate

·    Ensuring strict adherence to delegation of authorities

·    Establishing/ maintaining effective communication with RMs, Branches, Sales teams

·    Being responsive to issues raised, mails forwarded

·    To perform daily/ monthly Reconciliation.

·    To contribute in testing system enhancement/ Trade Projects.

Skills & Experience:

  • Good experience in Trade Finance (Letter of Guarantee and Letter of Credit)
  • Excellent skills in Microsoft applications (outlook, word, excel, PowerPoint)
  • Advanced English Language (Reading, writing, conversation)
  • Preferably local candidate

Qualifications:

  • Minimum Bachelors Certificate

 

About Standard Chartered 

We’re an international bank, nimble enough to act, big enough for impact. For more than 160 years, we’ve worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you’re looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we can’t wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you’ll see how we value difference and advocate inclusion. Together we:

  • Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
  • Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
  • Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

  • Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations
  • Time-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum
  • Flexible working options based around home and office locations, with flexible working patterns
  • Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
  • A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning
  • Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies – everyone feels respected and can realise their full potential.
  • Recruitment assessments – some of our roles use assessments to help us understand how suitable you are for the role you’ve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

Visit our careers website www.sc.com/careers

 

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