Specialist- Trade Finance & Operations

Posted 11 Days Ago
Be an Early Applicant
Washington, DC
Mid level
Financial Services
The Role
The role focuses on ensuring optimal efficiency and adherence to turnaround times in Trade Finance and Operations. Responsibilities include compliance with legal requirements, processing financial transactions and documentation, performing signature verification, and managing audits and departmental objectives effectively.
Summary Generated by Built In

Company Description

First Abu Dhabi Bank is an inclusive environment where each person values the experiences, perspectives, ideas and beliefs of others. We’re in a unique position to learn from all our colleagues, combining international experience with deep cultural knowledge and local expertise. At FAB, you’ll have the support of your team and a strong relationship with your line manager, who will trust you with responsibility and recognize your good performance. As we embrace different ways of seeing the world, listening to each other and respecting different viewpoints, we grow stronger – together

Job Description

Optimal efficiency is achieved and turnaround time of each product is adhered to so as to process within the service delivery standards.

• Ensure that the Department objectives are achieved.

• NIL unauthorized breaches in Policy/regulatory requirement ad SOP’s. Satisfactory rating in all audits Self- Assessment

• Complies with Federal, State and local legal requirements by following procedures; enforcing adherence to requirements; review and assist in updating policies and procedures

• Execute call back functionality on eligible transactions •

Review and disburse monthly (or ad hoc) bank statements to clients •

Perform Signature verification on documents including, but not limited to Loan documentation, Electronic Funds transfer requests, checks or any other documentation requiring independent verification •

Vault and/or key custodian or another custodian as assigned/delegated

Additional Information

Minimum 4 years’ experience in Trade Finance & Operations

• Banking sector experience is required (global or regional banks preferred)

• Products experience: o Global Markets – CDs, Time deposits, Investment securities, interest Rate Swaps o CIB – Commercial real estate, syndicated, bilateral, and revolving credit facilities o Depository Services – ACH and check clearing through Fed o Standby Letter of Credit o Import & Export Letter of Credit

The Company
Abu Dhabi
15,631 Employees
On-site Workplace

What We Do

FAB, the UAE’s largest bank and one of the world’s largest financial institutions offers a an extensive range of tailor-made solutions, and products and services, to provide a customised banking experience. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading Corporate and Investment Banking and Personal Banking franchises.

Headquartered in Abu Dhabi, in Khalifa Business Park, the bank’s international network spans over 19 countries, across the world, providing the global relationships, expertise and financial strength to support local, regional and international businesses seeking to do business at home and abroad. In line with its commitment to put customers first, to Grow Stronger, FAB will continually invest in people and technology to create the most customer-friendly banking experience and will support the growth ambitions of its stakeholders across the global network in which the bank operates.

To empower its customers and clients to Grow Stronger, FAB is initiating a powerful movement, which goes beyond banking. The Grow Stronger movement represents the bank’s promise to support its stakeholders’ goals and growth ambitions, providing ideas, tools and expertise to help them become stronger, today and in the future. Through a strong, diversified balance sheet, leading efficiency and a solid corporate governance structure in place, FAB is set to drive growth forward.

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