Lead- Trade Ops

Job Description

Lead, Trade Ops - (2200026773)Job: JOT to updatePrimary Location: Africa & Middle East-Pakistan-KarachiSchedule: Full-timeEmployee Status: PermanentPosting Date: 27/Oct/2022, 1:01:41 PMUnposting Date: 10/Nov/2022, 11:59:00 PMResponsibilities*Refer to myHR for guidance for each section below.Manage the below daily operations of the team with the aim to maximize the productivity of the team and ensure that efficient and high-quality services are provided to our valued customers using a range of products and services and in further enhance to achieve maximum profitability for the bank.

• Handling and Processing of Duty Drawback (DLTL) Documents & Payments.
• Maintain the activity sheet and Submit the same to SBP After performing all checks.
• Ensure that the deal is register in Transaction Dashboard(TD)
• Review of TD / all docs are properly scanned in TD.
• Proper Remarks on TD at the time of sending transaction for processing.
• Ensure tagging of relevant approvals in TD.
• Ensure to update the comments in TLM on daily basis against the open items.
• Ensure to submit the Tax and Levis on timely basis as per prescribe time by regulator.
• Ensure proper comments are updated in TD for pending transactions.
• Ensure routing of all transactions through TD and timely closure of deals in TD.
• Responsible for daily review of pending items.
• Liaise with Business/Customer for prompt resolution of all customer related issues.
• Identify reporting to the team manager for any inherent risk in day to day operations.
• Develop a thorough knowledge of and ability to apply sanction processes as defined in documented procedure and an understanding of these in the broader aspect.
• Contribute to improvement in the effectiveness of the team by fostering good working relationships with them.
• To take on back up responsibilities for the team managers assigned portfolios.
• Perform any other work assigned by TL.
• Record Archival as per frequency.
• Review existing practices and identify gaps for improvement in terms of accuracy and efficiency.
• Ensure departmental DOIs are updated and are strictly adhered to at all times.
• Ensure Error Logs for the unit is maintained with the unit.
• Ensure timely reporting to the Group / Regulatory Authorities.
• As Key Custodian, Ownership and proper management with respect to fire resistant cabinet / vault (if any) must be handled in line with policy and procedure and ensure proper handing over / taking over of Keys must be registered throughout the year.
• Comply with Group Money Laundering Prevention Policy and Procedures to the extent applicable and reporting all suspicious transactions including transactions having Red-Flag alerts to AML approvers.
• To promote the culture and practice of compliance within the letter and spirit of regulatory requirements and ethical standards in the conduct of business.
• To have good judgment and an inquisitive approach to practices and procedures on AML. To have personal authority and integrity, independence and resilience while handling such transactions.
• Wherever complexity exists in the transaction, conduct review to ascertain whether the transaction has any Money Laundering aspects and escalate to AML advisors.
• Mitigate Operational risk, identify and report AML and suspicious transaction by attending AML related programs, following the AML check list, policies and procedures.

• Lead through example and build the appropriate culture and values. Set appropriate tone and expectations from team members and work in collaboration with risk and control partners.
• Ensure the provision of ongoing training and development of people, and ensure that holders of all critical functions are suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks.
• Responsibility to review team structure/capacity plans (Where applicable)
• Set and monitor job descriptions and objectives for direct reports and provide feedback and rewards in line with their performance against those responsibilities and objectives (Where applicable)

• Understand Operational Risk Framework

Keyskills :