| JOB NAME |
Associate, Banking Operations (Payment Services), Banking Operations [Cairo]
POSTED BY: African Export and Import Bank AFREXIMBANK Egypt
REF:AFREXIM 157
Date Published:Monday, April 17, 2023
Date of Expiration:Saturday, October 14, 2023 EXPIRED
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| LOCATION OF THIS JOB |
 Egypt | CAIRO in Egypt |
| INDUSTRY |
| DEVELOPMENT FINANCE INSTITUTIONS
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| JOB TYPE |
| Full-Time |
| MAIN JOB DESCRIPTION |
Working time Full-time
Posted 4 days ago
Location Cairo, Egypt
Deadline 04/30/2023
Reference
ABOUT AFREXIM
Vision & Purpose
The role helps the Bank to achieve its mission of “stimulating a consistent expansion and diversification of African trade so as to rapidly increase Africa’s share of global trade, while operating as a first class, profit oriented, socially responsible financial institution and a centre of excellence in African trade matters” by providing a dedicated payments and specialist commodity and structured trade finance expertise within the Loan Admin Unit and providing overarching support to front office and other functions in the origination and risk management of commodity trade financing to ensure sustainable growth of such business in line with the Impact 2021 – Africa Transformed Strategy.
NATURE & SCOPE
1. The role of the position holder will be to provide back office operations support for the Bank’s lending activities with a focus on transaction execution and payment services.
2. The job holder assists in the development of policies and procedures for this function.
DUTIES AND RESPONSIBILITIES
Transactional Account Management:
1. Support client deposit and transactional account opening, management and maintenance processes within Banking Operations, working in close conjunction with Loan Administration units
2. Ensure appropriate and up to date client due diligence is in place prior the opening of all client accounts and on an ongoing basis through establishing effective coordination with Compliance (COMP) and the origination departments
3. Ensure appropriate records are in place to support the accounts opening and ongoing payments processing, including account opening forms, signature mandates and email indemnity forms as required.
4. Ensure processing is in line with written processes and procedures for the payments unit
Maintenance of SWIFT Relationship Management Applications (RMAs):
Support the process of setting up and maintaining RMAs with counterparty and client banks, ensuring that appropriate and up to date due diligence is in place.
Payments and Transactions Processing:
1. Support the efficient operations of the Loan Administration and Trade Services with responsibility for payment transactions execution within BAOP, through executing facility related outward and inward payments
2. Responsible for timely and accurate execution of fee and interest collection, maintenance of interest rates and other static information on transaction processing systems
3. Interact with other functions where required for additional information, clarification, approval or escalation
4. Adhere to SLAs as part of transaction execution
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| REQUIREMENTS FOR THIS JOB |
SKILLS, KNOWLEDGE AND ATTITUDE
1. Bachelor’s degree in Business Administration, Banking or Finance from a recognized University plus a post graduate degree in a relevant field;
2. Professional qualification in Banking will be an added advantage;
3. Proven experience of at least 3 years with a reputable banking organization in credit administration, trade finance processes and back office operations. The candidate must demonstrate experience and knowledge of managing back office operations and credit control in a fairly complex banking environment;
4. Ability to operate in a culturally diverse and change oriented setting;
5. Liaises with customers daily and coordinates with counterparts across Afreximbank as necessary, acting as a first point of contact for routine queries;
6. Excellent verbal and written communication skills in English. Knowledge of the Bank’s other working languages is an added advantage (French, Arabic and Portuguese);
7. A good understanding of systems, policies, procedures and industry best practice.
If interested, kindly send your CV directly to
Maysa Zaker
maysaz@aimsegypt.net
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English 
FRENCH
