Trade Finance Specialist
2 weeks ago
**Job Summary**
First Abu Dhabi Bank is an inclusive environment where each person values the experiences, perspectives, ideas and beliefs of others. We're in a unique position to learn from all our colleagues, combining international experience with deep cultural knowledge and local expertise.
**Key Responsibilities**
- Ensure optimal efficiency is achieved and turnaround time of each product is adhered to so as to process within the service delivery standards.
- Ensure that the Department objectives are achieved.
- NIL unauthorized breaches in Policy/regulatory requirement and SOPs.
- Satisfactory rating in all audits Self-Assessment.
- Comply with Federal, State and local legal requirements by following procedures; enforcing adherence to requirements; review and assist in updating policies and procedures.
- Execute call back functionality on eligible transactions.
- Review and disburse monthly (or ad hoc) bank statements to clients.
- Perform signature verification on documents including, but not limited to Loan documentation, Electronic Funds transfer requests, checks or any other documentation requiring independent verification.
- Vault and/or key custodian or another custodian as assigned/delegated.
**Requirements**
- Minimum 4 years' experience in Trade Finance & Operations.
- Banking sector experience is required (global or regional banks preferred).
- Products experience:
- Global Markets – CDs, Time deposits, Investment securities, interest Rate Swaps.
- CIB – Commercial real estate, syndicated, bilateral, and revolving credit facilities.
- Depository Services – ACH and check clearing through Fed.
- Standby Letter of Credit.
- Import & Export Letter of Credit.
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