Operations/Back Office – Corporate Banking – Redbridge Talent

Position Title: Settlement Operations – UAE National Hire

Overview:

This role focuses on managing the operational processing of corporate banking services within the back-office function. Responsibilities span across a range of settlement and trade finance tasks, ensuring accurate and efficient execution of transactions and services.

Key Responsibilities:

• Administer end-to-end processes for corporate account services, including new account openings, closures, and the handling of deposits and withdrawals.
• Facilitate the issuance and documentation of import letters of credit, manage incoming documentation, and conduct relevant data entries.
• Oversee all aspects of export letters of credit, including document verification, notification, and collections handling.
• Process the issuance and ongoing administration of financial guarantees, including fee management.
• Execute the full workflow for both import and export documentary collection services.
• Manage financial activities related to syndicated and bilateral lending, including disbursements, repayments, and fee applications.
• Support the implementation and maintenance of trade finance offerings, ensuring accurate documentation and process adherence.
• Handle inbound and outbound remittance transactions and provide timely responses to customer inquiries.
• Administer the corporate internet banking platform, including user onboarding, service updates, and remittance functions.
• Conduct Dirham clearing operations, such as FTS, IPI remittance processing, and cheque clearing.
• Serve as a designated backup for other operational functions to support seamless departmental continuity.
• Carry out additional duties as delegated by direct supervisors.

Job Details

Preferred Candidate