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Operations/Back Office - Corporate Banking

1.00 to 3.00 Years   Dubai, United Arab Emirates   13 Apr, 2025
Redbridge Talent
1 to 9 Jobs Openings
Job LocationDubai, United Arab Emirates
EducationBachelor's degree / higher diploma
SalaryNot Mentioned
IndustryBanking
Functional AreaNot Mentioned

Job Description

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.

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