Associate Director
Main Duties
Primary Responsibility – To assist remittance manager to lead and guide the remittance team. Ensure timely release of outward remittances and notification of inward funds to front office. Ensure issues related to remittances and interest conditions are resolved promptly. Nostro and suspense gaps are identified and closed soonest.
Secondary Responsibility - Oversee ad-hoc system testing (UAT) and ensure management reports are submitted timely
a) Remittance Processing
- Approve and release remittances in a timely manner.
- Resolve issues and handle queries from internal clients and external counterparties.
- Ensure that procedures, policies and regulations are adhered to.
- Items in sanction screening system are duly checked and released.
b) Change Management
- Lead and guide remittance team in UAT for system enhancements
- Review control gaps, process efficiency and deliver improvements
c) Deliver Team and Service Performance
- Monitor, manage and deliver operational performance targets
Requirements
- Possess market knowledge in Remittances, BG/SBLC.
- Good leadership qualities and experience in managing team
- Academic and professional qualifications
- A high quality degree level education, and a good academic track record.
- Good knowledge of Microsoft Office and SWIFT.
- Language skills
- Fluency in English is essential.
- Clear written verbal communication skills with all levels of staff
- Personal attributes
- Meticulous and good team player
- Ability to work independently drive initiatives forward until delivery.
- Ability to work effectively with both Front Office and Support staff, at all levels.
- Organisational skills and ability to work as an integral part of a larger team.
- Versatile approach and the ability to handle a varied portfolio of initiatives and a high workload.
- Ability to work deliver under time pressure.
- Proactive in identifying any process gaps, providing or delivering solutions to improve productivity.
- Ability to perform ad-hoc system testing and participate throughout the discussion and implementation of the bank's initiatives
If this is something you are keen in and want to find out more, please send your resumes to vishal.rajani@empiric.com
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