Faulu MFB - Payments Analyst – Trade Operations and Treasury Back office

SKILLS, KNOWLEDGE & COMPETENCIES

Knowledge, Skills and Competencies required for this role

• In depth knowledge and understanding of financial markets operations with the ability to structure and deliver efficient solutions to the interbank and corporate customer’s needs.
  
• Good understanding of Operational Risk Management. Accuracy and attention to detail
  

Competencies

• Demonstrated integrity and ethical standards.
  
• Proficiency in use of information technology, Analytical ability, and problem identification skills.
  
• Independent, objective, and self-motivated and can work with minimal supervision.
  
• Excellent communication (both written and oral), presentation, interpersonal, negotiation and report writing skills
  

3. QUALIFICATIONS & EXPERIENCE

• Professional qualifications in CPA, ACCA,
  
• Certificate in International Trade Finance and/or Trade Finance Training (CDCS).
  
• In depth knowledge and understanding of Trade Finance products: Letters of Credit, Guarantees, Documents under collection and Financing products.
  
• In-depth knowledge in swift message types under trade, controls, best practices, and standards.
  
• Project management
  
• Five years’ working experience in trade finance and Treasury operations, within a busy Financial Markets Operations environment
  

• Ensure accurate and timely execution of all transactions for the transaction life cycle including handling customer instructions, customer queries, transaction confirmation process (observing zero tolerance on unmatched confirmations) , managing settlement process and related risks, transaction processing over appropriate Transaction Processing & Messaging Systems and related accounting entries processing, reporting , communications to other parties and reconciliation activities for all products and services offered under Trade Finance.
  
• This is to be delivered in-line with set SLAs, policies, procedures, processes, operating instructions, standards, regulations; statutory, market requirements and international regulations while observing operational risk requirements and covers import and export products for both onshore and offshore customers and or counterparties participating in the various transactions under the global products and services as below: -
  • Letters of Credit
    
  • Guarantees
    
  • Documents Under Collections
    
  • Financing Products
    
  • Commissions collecting, Reporting, Reconciliation, Message control, accounting entries processing takes place.
    

• Ensure efficient operations are managed in strict compliance with the various local and international laws, market set standards and bank's risk standards while ensuring continuous improvements to lean the current processes in team and manage costs downwards and effective risk management to protect the clients' and bank's interests.
  
• Achieve effective compliance to operational risk management, periodic self-assessment on key controls to assess the proper functioning and adequacy of existing controls and highlighting issues discovered and follow through plans to mitigate the risks.
  
• Ensure that the BCP/ DRP documentation, technologies and operations are functioning as recommended by the CBK Prudential guidelines and best practices.
  
• Strive for stability for Trade finance system by taking ownership of issues and or complaints from internal and external customers are logged appropriately, reported, escalated and followed to resolution within agreed SLAs, prompt responses provided and where necessarily get the Root Cause Analysis provided to ensure excellent services.
  
• Effective reconciliation, SLA adherence monitoring & breaches reporting, checks and controls, related documents storage, leave management & approval within the team, accurate, current & timely Dashboards production.
  
• Claims investigations and management and any incurred bills processing to vendors for Trade related transactions.
  
• Comply with ALL Bank's set policies, procedures & guidelines as well as other regulations and standards and in the Anti- Money Laundering and Know Your Customer Policy and or procedures to the extent applicable and reporting all suspicious activities.
  
• Foreign exchange Deals processing - These responsibilities involve overseeing foreign exchange operations by monitoring dealer limits on all forex contracts and approving transactions within the Core banking system Treasury Module. The role also ensures the timely and accurate settlement and confirmation of all interbank forex deals, conducts daily end-of-business forex revaluation, and maintains proper custody and filing of all processed deal tickets for future reference.