Specialist, Trade Finance Operations
Job Fit Check
Base Career helps you apply smarter for this job.
Key skills for this role
About the Role
First Abu Dhabi Bank seeks a Trade Finance Operations Specialist to process and verify trade transactions, ensure compliance with ICC rules and regulatory guidelines, and support continuous improvement.
Key Skills for This Role
Responsibilities
- Process, check, verify and authorize transactions as per approval matrix, ensuring processing is carried out in a controlled manner
- Monitor compliance to regulatory guidelines and local/international sanctions in Trade Finance processes
- Ensure self and staff adhere to Standard Operating Procedures and recommend/implement changes in policies, procedures, processes and systems
- Develop and introduce robust tools/processes to identify/mitigate operational risks
- Support line manager in sustaining higher/acceptable rate of Employee Satisfaction
- Ensure Anti money laundering, Central Bank guidelines and other internal policies/procedures are strictly followed and report unusual transactions
- Keep apprised of developments in the industry and disseminate to staff
- Proactively highlight situations of extraordinary non operational risks (e.g., market and legal risks)
- Participate and implement projects, system development and other initiatives
- Support Line Manager in developing, coaching, monitoring staff performance and arranging remedial training
- Support multi desk and multi functions within the department
- Liaise with customers and resolve queries/problems
Requirements
- Graduate (preferably in Commerce / Financial Services / Banking & Finance etc.)
- CDCS/CSDG/CITF preferred
- Thorough understanding of ICC Rules, Local laws and legal risks, trade documentations and Shipping terms
- Minimum 5 8 years of experience in Trade finance with hands on experience in all trade finance products
- Hands on experience on Core Banking Solutions
- Specialization in own area of work and working knowledge of all Trade products
- Conversant with MS Office and other Analytical tools
- Working knowledge of associated activities like IMB, Insurance Business, SWIFT etc.
- Extensive knowledge of UCP600, URC522, ISBP, URDG758, URR725, Incoterms 2020, ICC banking commission opinions etc.
Full Job Posting
Job Purpose
- FAB Centralized Operation provides transaction processing and other operational services to First Abu Dhabi Bank, its subsidiaries and affiliates across various lines of Business.
- Trade Finance department services the Trade transactions originated primarily by WBG (CIB, CB, FI, IB and Islamic Banking) and also by Consumer Banking.
Key Accountabilities
- Provide inputs and implement policies, systems and procedure for the assigned team.
- Participate in the identification of opportunities for continuous improvement and sustainability of systems, processes and practices.
- Prepare sectional statements and reports timely and accurately.
- Maintain zero operational loss.
- Adhere to SLA and Customer TAT.
- Adhere to Training Man Days for self and team.
- Execute departmental initiatives as advised.
- Liaise with customers and resolve queries/problems.
- Ensure timely updation of transactions in the relevant systems.
- Ensure timely review/revision of SOP.
- Conduct investigation to rectify errors.
- Ensure attending all incoming messages within SLA, system upgradation and Technical assistance to team members.
Minimum Qualification
- Graduate (Preferably in Commerce / Financial Services/Banking & Finance etc.) and CDCS/CSDG/CITF preferred.
- Thorough understanding of ICC Rules, Local laws and legal risks, trade documentations and Shipping terms.
Minimum Experience
- Minimum 5 8 years of experience in Trade finance with hands on experience in all trade finance products.
- Hands on experience on Core Banking Solutions.
- Specialization in own area of work and working knowledge of all Trade products.
- Conversant with MS Office and other Analytical tools.
- Working knowledge of associated activities like the ones related to IMB, Insurance Business, SWIFT etc.
- Extensive knowledge of UCP600, URC522, ISBP, URDG758, URR725, Incoterms 2020, ICC banking commission opinions etc.
Apply for this job in 1 click
Skip the repetitive application forms
Install the Base Career Chrome Extension and autofill job applications across major job boards with your profile.
Trusted by over 500,000 job seekers on Base Career
More from this employer
More jobs at First Abu Dhabi Bank (FAB)
VP, Head of Client Services
Abu Dhabi, UAE
First Abu Dhabi Bank (FAB) seeks a VP, Head of Client Services for its Asset Management division in Abu Dhabi. The role involves acting as primary client contact, coordinating onboarding and reporting, and collaborating
VP, Head of Middle and Back Office
Abu Dhabi, UAE
First Abu Dhabi Bank seeks a VP, Head of Middle and Back Office to act as the operational backbone of investment processes. The role manages post-trade activities, fund accounting oversight, and client reporting, ensurin
Director, Government & Public Sector
Abu Dhabi, UAE
First Abu Dhabi Bank seeks a Director to manage and grow Investment Banking client relationships for UAE Government entities. The role involves financial analysis, business origination, deal execution, and team performan
Specialist, Asset Services
Abu Dhabi, UAE
First Abu Dhabi Bank seeks a Specialist, Asset Servicing to manage corporate actions processing and deliver exceptional custody services. The role involves end-to-end corporate actions, client relationship management, an
Specialist, Audit - Operations & Support Functions (Emiratized Role)
Abu Dhabi, UAE
First Abu Dhabi Bank seeks an Audit Specialist to participate in audits of Operations & Support Functions across the FAB Group. The role requires a bachelor's degree in accounting or finance and 2-4 years of relevant exp
VP & Senior Audit Manager, Enterprise Risk Management
Abu Dhabi, UAE
First Abu Dhabi Bank seeks a VP & Senior Audit Manager to lead audits of Risk and Global Markets across the FAB Group. The role requires an Associate Chartered Accountant or STEM bachelor's degree with 3-5 years post-qua
Specialist, Settlement Services (Al Ain)
Abu Dhabi, UAE
First Abu Dhabi Bank is hiring a Settlement Services Specialist to handle complex settlement transactions for equities, mutual funds, fixed income, and securities lending across domestic, regional, and international mark
Mortgage Advisor - Direct Sales
Abu Dhabi, UAE
First Abu Dhabi Bank is hiring a Mortgage Advisor for direct field sales in Abu Dhabi. The role involves promoting core products, building customer relationships, and achieving sales targets. Requires at least 1 year of
VP, Head of Client Services
Abu Dhabi, UAE
VP, Head of Middle and Back Office
Abu Dhabi, UAE
Director, Government & Public Sector
Abu Dhabi, UAE
Specialist, Asset Services
Abu Dhabi, UAE
Specialist, Audit - Operations & Support Functions (Emiratized Role)
Abu Dhabi, UAE
VP & Senior Audit Manager, Enterprise Risk Management
Abu Dhabi, UAE
Specialist, Settlement Services (Al Ain)
Abu Dhabi, UAE
Mortgage Advisor - Direct Sales
Abu Dhabi, UAE