Financial Institutions officer:
Expanding correspondent banking network.
Follow up and ensure completion of daily account operations.
Arranging bank’s limits to be set annually as per H.O recommendations.
Obtaining KYC for all the correspondent banks annually.
Arranging and attending meetings to expand the bank’s network with the treasury department and corporate banking.
Dealing with the clients’ queries regarding the trade products and services to meet all their business needs.
Coordinating with the Legal department the wording to be aligned.
Managing Vostro and Nostro accounts.
Booking all the international and export transactions on the system, then obtaining HO approval after that to proceed.
Submitting the approvals to the Trade Back Office.
Register all the booked transactions to be updated accordingly.
Managing any fraud or duplicated payments, by following up with the correspondents.
Monitoring and reporting all business transactions on monthly basis.
A monthly report should be sent with all the business booked transactions to HO.