Job Seeker Reactivate Your Account
Thank you, this account has been Deactivated.
Do you want to Reactivate your account?
No
Yes
Sorry, unable to apply, please Upload CV Attachment, or update your JobNet Profile to at least 55% of completion.
UPLOAD CV
UPDATE PROFILE

Head Of Trade Finance

Leading Local Bank
Recruiter active 2 days ago The recruiter at this company was last active reviewing applications.
Myanmar - Yangon
Full Time
Verified This job has been verified by the company as a real job vacancy.
27 Oct 2020

Experience level

Director and Above

Job Function

Accounting, Finance

Min Education Level

Bachelor Degree

Job Description

  • To monitor overall processing of Trade transactions on daily basis of all trade desks in the Bank. Target of seamless front-end trade operations to be achieved.
  • Ensure the provision of adequate and efficient processing services pertaining to Clients, resolving their queries/ problems and thereby help them serve their respective external customers in a more efficient manner.
  • Monitor and control transactions and documentation to ensure compliance with the guidelines, AML/KYC, customer requirements/instructions etc. and minimize risk.
  • Effectively monitor large value transactions and any transactional exceptions are adequately approved as per Bank policy. Daily reports / MIS are checked to ensure proper control.
  • To ensure quality control necessary on all operational and trade transactions to prevent loss to customers or bank and to adhere to all regulatory obligations.
  • Develop and implement risk strategies, policies, controls and monitoring to address changes in obligations, market practices or Bank risk appetite.
  • Develop/ create the Key Performance Indicators (KPIs), for performance monitoring and quality measurement purposes, pertaining to the trade operations and monitor the achievements of its individual departments/ units on periodic basis.
  • Actively lead Central Bank Meeting and discussion with Ministries and clients queries to Trade Services.
  • Collaborate with Wholesale Banking and Branch team to further advance trade business and opportunities
  • Authorization of SWIFT for Trade Services.
  • Compliance to audit reports are submitted in time and ensure exception highlighted in audit reports are not repeated.
  • To ensure that all the required reporting’s to Central Bank of Myanmar are done in time & in accurate manner.
  • Operational procedures and processes to be reviewed at regular intervals to all changes in the regulations have been incorporated and branches are complying with all the regulatory requirements.
  • Regular feedback to staff members on their performance and motivate them to perform better in their current role.
  • Managing Operations Risks - - Assessment of factors impacting operations adversely in the daily processing. This includes monitoring of the processes, identifying deviation and checking documentation for various services offered at TF desk.
  • Be a sponsor for respectful workplace by ensuring every employee is valued for their contribution, treated with dignity, and given equal opportunity without any discrimination based on gender, race, ethnicity, religion, or sexual preference.

Open To

Male/Female

Job Requirements

  • Recognizes and identifies problems or issues and develops solutions and recommendations to solve the situation.
  • Business Writing Skills / MS office
  • Detail oriented, ability to work under pressure and multi-task
  • Bachelor’s Degree or equivalent, is preferable
  • Minimum 8 years’ relevant working experience in trade finance. Well versed and knowledgeable with all trade related products in:
    • Import and Export Trade LCs (Issuance, Advising, Confirmation, Negotiation, Bills Discounting), Bankers Guarantee, Supply Chain Management
    • Checking of Documentary Letters of Credit

What We Can Offer

Benefits

- Bonus
- Ferry
- Other Benefit

Highlights

- International Standards

Career Opportunities

- Management Potential

Apply for this job

OR

Experience level

Director and Above

Job Function

Accounting, Finance

Min Education Level

Bachelor Degree

Share with a Friend

Candidate CV Attachment

ADD PRIVATE CANDIDATE
Upload Profile Picture
Upload CV
Auto Fill CV
Save time on data-entry.
Education / Qualifications
Add
Cancel
Delete
Save
Work Experience
Add
Cancel
Delete
Save
Languages used
Add
Cancel
Delete
Save
Skills achieved
Add
Cancel
Save
References
Add
Cancel
Delete
Save
CV Attachments (Upload CV here)
Add
Cancel
Delete
Save
Cancel
Add
Next