Trade Finance Operations

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ADCB Bank

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Job Vacancy-Specialist –Trade Finance Operations United Arab Emirates

Trade Finance Operations– United Arab Emirates

  • Experience: –Minimum Experience Fresh graduates can be considered for some basic trade products to start with At least 3 years of experience in Trade Finance with knowledge of banking and accounting systems for core trade,  Experience, At least 4 years of experience in banking / financial services
    environment or fraud experience
  • Job Location: –United Arab Emirates
  • Company: –ADCB Bank
  • Educational Qualification: Minimum Qualifications Bachelor’s Degree in Finance/Banking/Business/Accounting or equivalent
  • Nationality: -Any Nationality
  • Gender: – Male/Female
  • Number of Vacant Positions: -Not Mentioned
  • Salary: – negotiable
  • Job Type: – Permanent
  • Job Category: – Management, Investigator

 

About ADCB Bank

At ADCB, our goal is to turn into the most important bank in the UAE. Since its development in 1985, the bank has developed and its presence in the UAE has gone from one solidarity to another. ADCB’s desires permit us to offer numerous open doors across the association for anyone with any interest in chasing after a satisfying vocation that empowers you to work with partners and clients from across the world. These jobs length all significant regions inside ADCB, from retail, business, and venture banking to help works like money, HR, innovation and showcasing.
ADCB Islamic Banking is the brand under which we offer retail and corporate Shari’ah-consistent monetary answers for our Purchaser, Discount, and Depository clients.

ADCB is directed by the National Bank of the UAE, and its Islamic Financial exercises are managed by a free Inward Shari’ah Oversight Board of trustees (ISSC). The ISSC is the last authority inside ADCB with respect to all Shari’ah-related matters. It works as per the goals, norms and rules gave by the Higher Shari’ah Authority of the National Bank of the UAE (HSA). HSA keeps the Shari’ah Guidelines gave by the Bookkeeping and Evaluating Association for Islamic Monetary Foundations and Islamic Monetary Administrations Board.

ISSC capabilities in accordance with the Shari’ah administration system gave inside the terms of reference (Pinnacle) of the ISSC that are supported by the individuals from the ISSC. The Peak sets out the methods for the working of the ISSC like holding of gatherings, giving of professions/Fatwa majority and Shari’ah audit.

ADCB Islamic Banking’s Shari’ah administration is executed and managed by the inward Shari’ah Counsel. Fatwa (declarations and endorsements) are given by the ISSC to affirm consistence with standards of Shari’ah for all items and administrations as well concerning customized organized bargains. The ISSC’s survey covers the item structure, the fundamental Shari’ah contract, lawful documentation, functional cycle stream and all related item writing. Fatwa gave by the ISSC are distributed on the Bank’s site and are accessible at all branches.

ADCB Islamic Banking keeps a different arrangement of monetary records to guarantee that the records for the Islamic business are totally isolated from ADCB’s regular assets. The Bank’s united records incorporate the consequences of ADCB Islamic Banking and are independently revealed in the notes of the monetary records.

Adcb Trade Finance Operations

Trade Finance Operations– United Arab Emirates

Job Description

  • Job Code: 906
    Effective Date of JP: 010116
    Version: 1
    JOB PROFILE
    OVERVIEW
    JOB TITLE Officer – Trade Finance Operations
    JOB PURPOSE To process trade finance opertaion transactions using the trade related
    systems accurately within the required time frames and strictly in line with
    the laid down bank’s standards and requirements
    GROUP Group Business Services
    JOB FAMILY Business Operations and Enablement
    SCOPE
    KEY WORKING RELATIONSHIPS:
    Relationship Purpose Frequency
    1. Line Manager To provide updates on performance and
    ensure service delivery objectives are
    met
    Daily
    2. Colleagues To provide updates on performance and
    ensure service delivery objectives are
    met
    To discuss and resolve trade
    transaction/trade system related issues
    Monthly
    3. Unit Head To provide updates on performance and
    ensure service delivery objectives are
    met
    Quarterly
    4. Internal Stakeholders To coordinate with on a transactional
    basis
    Daily
    5. Peers To provide support as needed and
    coordinate with the rest of the teams
    within Trade Finance Operations
    Daily
    FINANCIALS MANAGED (if any)
    APPROXIMATE NUMBER OF
    DIRECT REPORTS
    0
    TOTAL SIZE OF TEAM 0
    ACCOUNTABILITIES
    No. Accountability Description
    1. Transaction Administration Process transactions in line with trade finance policy,
    standard operating procedures, and credit terms and
    conditions without any errors within agreed timeframes
    2. Stakeholder Management Liaise with relationship team to acquire necessary
    approvals required for transaction handling to ensure
    adherence with policies and procedures
    3. Information and Record
    Keeping
    Maintain records and information related to the
    transactions and reconciliation of accounts in line with
    the bank’s standards
    4. Self Management Manage self in line with the bank’s people
    management, policies, procedures, processes and
    practices to ensure adherence and to maximise own
    contribution to business performance
    Job Code: 906
    Effective Date of JP: 010116
    Version: 1
    5. Policies, Processes, Systems
    and Procedures
    Adhere to all relevant organisational and departmental
    policies, processes, standard operating procedures and
    instructions so that work is carried out to the required
    standard and in a consistent manner while delivering
    the required standard of service to customers and
    stakeholders
    6. Customer Service Demonstrate our promise and apply the ADCB
    standards to deliver the bank’s required levels of
    service in all internal and external communication
    EXPERIENCE, QUALIFICATIONS & COMPETENCIES
    Minimum Experience Fresh graduates can be considered for some basic
    trade products to start with
    At least 3 years of experience in Trade Finance with
    knowledge of banking and accounting systems for core
    trade products
    Minimum Qualifications Bachelor’s Degree in
    Finance/Banking/Business/Accounting or equivalent
    Professional Qualifications Banking specialisation from Institute of Financial
    Services like CDCS, URDG, CITF governed by ICC or
    equivalent is preferred
    Knowledge and Skills Verbal and written skills
    MS office – Excel and Access
    Behavioural Competencies Accelerate Growth: Level 1
    Drive Performance: Level 1
    Communicate & Collaborate: Level 1
    Build Relationships: Level 1

    Trade Finance Operations– United Arab Emirates

Desired Candidate Profile

Employment Type

    Full Time

Skills

EXPERIENCE, QUALIFICATIONS & COMPETENCIES
Minimum Experience Fresh graduates can be considered for some basic
trade products to start with
At least 3 years of experience in Trade Finance with
knowledge of banking and accounting systems for core
trade products
Minimum Qualifications Bachelor’s Degree in
Finance/Banking/Business/Accounting or equivalent
Professional Qualifications Banking specialization from the Institute of Financial
Services like CDCS, URDG, CITF are governed by ICC or
equivalent is preferred
Knowledge and Skills Verbal and written skills
MS Office – Excel and Access
Behavioral Competencies Accelerate Growth: Level 1
Drive Performance: Level 1
Communicate & Collaborate: Level 1
Build Relationships: Level 1

 

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