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.
Skills
Candidate Requirements:
- Must be a UAE national with a valid Emirates ID and family book.
- Proficient in Microsoft Office tools, particularly Word, Excel, and PowerPoint.
- Strong command of English, both spoken and written.
- Demonstrates high levels of responsibility, reliability, and punctuality, with a disciplined and compliant mindset.
- Adaptable and eager to acquire new skills in a dynamic environment.
- Possesses sound analytical thinking, interpersonal communication, and problem-solving abilities; collaborates well within a team.
- Upholds strong ethical standards and complies with legal, regulatory, and internal policies—no prior record of misconduct.
- Meets the internal performance and behavior standards expected by the branch.
- Ensures both accuracy and productivity in all assigned tasks.
Additional Information:
- Employment Type: Full-time
- Location: The Greens, Dubai, UAE
- Training Requirement: Candidates must complete and pass the EIF learning program as mandated by the Central Bank of the UAE.
- Application Authenticity: All application information must be truthful and verifiable. Misrepresentation may result in termination of the hiring process.
- Required Documents: Submit a detailed resume with a recent passport-style photo and active contact number. Attach the highest academic certificate and any relevant qualifications. Non-UAE certificates must be attested by the UAE Ministry of Foreign Affairs.