Assistant Manager

Job Description

Job Description Purpose of role: The role is within the IOS OPS with primarily supporting Financing & Trade Operations (FTO) for Documentary & Guarantee Operations (DGO) & Credit Loan Operations (CLO), Payments/receipts (TBS), Capital Markets (CMO) and may be interchangeably responsible for; initiation, document checking or the settlement stage of trade finance operations/ loan products/ Capital Markets products. The role will be to support Business Group, Internal stakeholders and external clients. Primary Responsibilities Of Role The job holder will review trade finance & credit loan transaction documents submitted by client via digital and non-digital platforms, perform mandatory checks from IFSCA angles before submitting onward for processing by global processing team in GCC within the required service level agreements (SLAs) and to the required standards. Ensuring all transactions are in accordance with Trade Finance regulations, IFSCA guidelines and SWIFT; relevant ICC; (UCP 600) (ISBP) (URC) (URR)(ISP) (URDG) INCOTERMS; Governance Manual and Compliance. Initiation Review instructions received via digital & non-digital platforms to ensure they are valid, workable, and meet guidelines and procedures Carrying out Compliance due diligence checks and reference made to Red Flags, Sanctions in accordance with procedures Initiating transactions in share-portal for Processing/Authorizing transactions timely and accurately by GCC teams within agreed SLAs Liaising with Front Office, Treasury, Issuing banks, Beneficiaries, Correspondents, Business development, Credit, Finance, Compliance on transactions. Initiating/Amendments to all types of LCs (Export /Import / Back-to-Back) Initiating Guarantees and Standby LCs Review and manage MT1XX,MT2XX,MT3XXX, MT7XX as required Investigate and respond to any enquiries received (internal / external) Create & upload AI based Collection transaction in TRADEPOST for country/sanctions screening the time of Initiation and ensure accuracy of upload Perform EoD checks in terms of Advice, Confirmation,BG issuance etc. Review Loans & Deposits requests. Verify client credit authorizations Ensure Loans are timely processed and disbursed. Deposits are timely processed and booked in the system. Keep abreast of developments in Trade Finance including but not limited to ICC rules Money Laundering/Financial Crime when related to Trade Finance Products Preparing reports & MIS as and when required Reviewing credit transactions and providing transaction dynamics Ensure expired/ fully utilized LCs are closed & Liability is reversed within the stipulated time after expiry and Ensure Risk events are reported within timeframes outlined in the procedure Prepare liquidity forecast for the daily funding needs and coordinate with ALM/Treasury. Provide appropriate explanations on FO/BO Breaks Submission of reports to regulators in coordination with GCC Provide advice / reports to clients as and when requested in coordination Complément General Duties Where required, provide support to other functions within the proposed IBU unit like coordination with local vendors in collecting the necessary for Admin/ HR functions and to cover absenteeism Ensure that risks incidents are reported as per policies and procedure to the Operational Risk Function of the Bank. Ensure that customer queries and enquires are handled in accordance with the internal policies and procedures Actively Suggest and implement improvements and enhancements to the current processes, systems, and workflows Contribute to the improvements of internal systems, processes, and procedures, as required. Share knowledge and skills with the other colleagues. Provide advice and guidance to colleagues and customers Keep abreast of the development and advancements in the Trade Finance area & Commercial Loans & Deposits Other related duties as assigned Individual Conduct Rules You must act with integrity You must act with due skill, care and diligence You must pay due regard to the interests of customers and treat them fairly You must observe proper standards of market conduct Application criteria Company Crédit Agricole CIB About Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB) Crédit Agricole CIB is the corporate and investment banking arm of Crédit Agricole Group, the 10th largest banking group worldwide in terms of balance sheet size (The Banker, July 2022). 8,600 employees in more than 30 countries across Europe, the Americas, Asia-Pacific, the Middle-East and North Africa, support the Bank's clients, meeting their financial needs throughout the world. Crédit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital market activities, investment banking, structured finance, commercial banking and international trade. The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients. By working every day in the interest of society, we are a Group committed to diversity and inclusion and place people at the heart of all our transformations. All our job offersare open to persons with disabilities. For more information, please visit www.ca-cib.com Twitter: https://twitter.com/ca_cib LinkedIn: https://www.linkedin.com/company/credit-agricole-cib/ By working every day in the interest of society, we are a group committed to diversity and inclusion. All our positions are open to people with disabilities. Show more Show less