Team Leader, FI & Operations

Job Purpose:

Manage the operations and reporting of the FI department, support in the booking of transactions and the control of credit lines.

Principal Accountabilities:

Overall responsibilities

Oversee day-to-day operations, including transaction processing, settlement activities, Rate fixing, and service delivery, both internally and with clients

Responsibilities include Trade Finance, DCM, Syndications, Cash management, and Treasury business.

Preparing reports, metrics, and analysis for senior management and regulatory bodies.

Assign tasks, to team members as per business need

Handling escalated customer queries and complex service issues.

Monitoring the bank exposures including Sovereign risk periodically, to ensure accurate reporting and ongoing quality of the portfolio.

Closing data gaps on the system

Monitoring the trade volume and credit facilities on an ongoing basis.

Handling documentations at FI level, including MRPA, MTLA, Syndications, FOLs,

Credit-

Follow up on the Agenda of FI credit files, save credit committee minutes

Provide support in the preparation of the FI credit files

Update dept. Country / Bank credit limits

Provide reports on current exposure by bank, country, etc.

Compliance

Support SRM and RM for compliance tasks.

In charge of the KYC database (new, renewals …) under EDMS.

In charge of coordinating with compliance dept. for any counterpart inquiry

Customers Position and Transactions-

Support SRM and RM for all customer positions / reservations and process transactions.

Manage the dept. Country / Bank credit limits (new transactions, reservations, repay.)

Initiate approval process for the booking of a transaction

Inform back offices of approvals of transactions

Inform and Follow up with SRM / RM on any payment delays of capital, interest, fees

Reports

Provide frequent activity / portfolio and on demand reports:

Daily FI balance funded assets

Weekly FI transactions / Pipeline report

Monthly Repayment report, monthly vostro activity

Quarterly RMCC pack

Bi annually Profitability MIS

Troubleshooting – follow-up on Transactions with correspondent banks

Follow up with correspondent banks on pending / recall payments

Provide support to the NBFI segment (delayed payments, etc.)

Follow up with correspondent banks unpaid charges (fees ..)

Handling queries of the AED Vostro accounts

Policies and Procedures

Act as the custodian of the department Policies and Procedures,

Recommend amendments when and if required,

People

Manage & guide ARMs in handling daily transactions & credit approvals

Miscellaneous tasks-

Manage public domain info related to FI (SSIs, list of correspondents, Almanac)

Manage and Renew US and UK process agents mandates

Forward / Follow up audit requests from / to banks

Safe keeping of various agreements: MRPA, loans, terms and conditions …

Manage SWIFT Alliance for RMAs, summary extractions, KYC registry