Qureos Mentor

Bank of China (Dubai) Branch

Position Description Position TitleProduct Analyst DepartmentOperations Service Department Purpose of JobThe product analyst is responsible for the design, development, and deployment of bank clearing business products. Responsible for establishing relevant systems and processes for clearing operations. Responsible for promoting clearing products within the designated region, collecting customer feedback, and continuously optimizing and improving product functionalities and features. Responsible for engaging operations in clearing business. Key ResponsibilitiesResults ExpectedProduct Development of Payment & Settlement<ul><li>Proficient in SWIFT/CIPS/CBUAE FTS&WSI/IPP services</li><li>Propose business requirements of development or optimization of payment business system functions</li><li>Test and verify related IT system functions </li><li>Formulate clearing product processes and procedures</li><li>Promote RMB clearing related services based on regional market characteristics</li></ul>Operations<ul><li>Manage daily processing of clearing, treasury products, money market, foreign exchange, interest rate swap, bond insurance, bond investment and bond repo.</li><li>Payment investigations and AML processing and verification on payments as and when required</li><li>Prepare management reports, internal reports and regulatory reports</li><li>Execute transactions on relevant settlement and clearing systems</li><li>Provide assistance to senior management to develop and implement workflow procedures and guidelines, new products and services</li></ul>Monitoring and Maintenance<ul><li>Extract and organize complex data for analysis and trending for pricing model</li><li>Monitor VOSTRO, NOSTRO and relevant suspense accounts</li><li>Ensure all the daily activities of settlement, credit control and risk management, finance etc. are in compliance with UAE regulatory requirements and internal guidelines</li><li>Monitoring IRS/CCS daily margin and guarantying adequacy ratio monitoring</li></ul>Self-LeadershipPerformance "BE THE BEST&#x27; - &#x27;Results-oriented and strives to perform&#x27; LEAD SELF TO: a. Always be curious to learn more and improve knowledgeb. Demonstrate ongoing resilience and the ability to work well under pressurec. Manage multiple priorities effectively d. Work constructively with others on a consistent basis Innovation &#x27;CREATE THE SPARK&#x27; - &#x27;Challenges the status quo and proactively introduces new ideas and solutions&#x27; LEAD SELF TO: a. Fully understand and adapt well to company cultureb. Effectively communicate knowledge and ideas with othersc. Generates creative solutions to overcome organisational problems and opportunities d. Be prepared to challenge the status quo Responsibility &#x27;OWN IT&#x27; - &#x27;Takes ownership and accountability to deliver what&#x27;s needed&#x27; LEAD SELF TO: a. Meet the expectations of the customerb. Consistently display a flexible and positive mind-set and encourage others c. Be action oriented and full of energy to achieve d. Deal with ambiguity effectively Knowledge Skills & Abilities Role Related Experience<ul><li>3+ years experience in a Bank</li><li>Experience in banking operations, payments and settlement system with the ability to understand a large range of financial products in depth</li><li>Possesses excellent communication and market development skills</li></ul>Knowledge and Technical Skills<ul><li>Knowledge of treasury products</li><li>Strong background across payments and settlement within banking or trading environment.</li><li>Understanding of SWIFT/CIPS rules and practice is essential</li><li>Understanding of AML/CTF is desirable. </li><li>Strong communication skills </li></ul>Qualifications and experience<ul><li>Bachelors degree or higher in a Finance, Economics, Applied Mathematics, Statistics</li></ul> Working RelationshipsInternal<ul><li>Corporate Banking</li><li>Transaction Banking</li><li>Risk</li></ul>External<ul><li>Clients and Counterparties </li></ul>

Product Analyst

Join Bank of China (Dubai) Branch and explore 1   exciting career opportunities. They're hiring for various roles with options for remote or on-site work. Apply today and become part of their innovative team.

Bank of China (Dubai) Branch

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Product Analyst