CORPORATE BANKING SPECIALIST-(250001GT)
Job Purpose:
Assist the team in implementing the daily transactions of the corporate clients and coordinating with the various departments of the bank to ensure top quality service and efficient TAT .
Account Management
Maintain an updated file for all the assigned clients approved facilities, terms & Conditions as well as applied pricing, fees and commissions, ensuring full understanding of the different facility structures.
Continuously maintain an updated status of all the required supports for the approved facilities of the assigned accounts.
Daily monitor customers’ positions in light of the approved facilities and review daily balance of all assigned clients and initiate the appropriate transfers/bookings to cover overdrawn accounts based on understanding of the customer’s facilities, limits, documentation and supports pertaining to each line.
Receive credit referrals from different operational areas/branches and act accordingly by escalating to the proper approving body according to the authority matrix.
Issue all required reports, such as O/S Direct & Contingent, FS loan Loss, FCY Tracking, FCY sold, etc….
Communicate and coordinate with all relevant departments to ensure the implementation of the clients’ requirements based on the approved facilities/services.
Seek assistance from supervising Manager in case of complex enquiries or problems. And regularly update the supervisor with any deviation and the status of pending transactions
Process simple lines’ restructure memos to accommodate clients’ requests within their approved facilities
Accommodate customers’ business transactions and information requirements and verify its validity
Respond to clients’ enquiries regarding their facilities, positions & transactions
Maintain carefully Bank’s and Clients’ data, documents and forms in an efficient and timely manner, and according to the Bank’s SOPs and manuals.
Ensure awareness and adherence to the SOPs policies, Bank Code of Conduct, all internal policies and procedures.
Establish and maintain effective working relationships with co-workers, supervisors and colleagues bank-wide
Policies, Processes and Procedures
Follow all relevant department policies, processes, standard operating procedures and instructions so that work is carried out in a controlled and consistent manner
Day- to-day operations
Follow the day-to-day operations related to own jobs in the Corporate Banking department to ensure continuity of work
Compliance
Comply with all relevant CBE regulations, banking laws, AML regulations and internal CIB policies (especially the Credit Policy guide) and code of conduct in order to maintain CIB’s sound legal position and mitigate any potential risks
Qualification & Experience
Skills
Egypt-Giza-GIZA HEAD OFFICE
Nile Tower Building. 21/23 Charles De Gaulle St., Giza P.O. Box 2430
Front Liner
DEPUTY CEO
Day JobJob TypeFull-time Employee
No
Commercial International Bank was established in 1975 as a joint venture between the National Bank of Egypt (NBE, 51%) and the Chase Manhattan Bank (49%) under the name "Chase National Bank of Egypt”. Following Chase's decision to divest its equity stake in 1987, NBE increased its shareholding to 99.9%, changing the Bank’s name to Commercial International Bank (Egypt) S.A.E. NBE’s stake gradually decreased through several public offerings till reaching 18.7%. In 2006, a Consortium led by Ripplewood Holdings acquired NBE stake. In July 2009, Actis, a leading emerging markets private equity firm, invested US$ 244 million to get shares in CIB, acquiring hence 50% of the Ripplewood Holdings Consortium’s stake. Five months later, Ripplewood sold its remaining 4.7% stake over the open market, marking the successful transition of strategic partnership to be with Actis, who then became CIB’s largest shareholder with a 9.1% stake. In March 2014,Actis sold a portion of its holding, representing 2.6% of the Bank’s total outstanding shares, in the open market to a group of international investors. In May 2014, Actis, successfully realised its investment in CIB and sold its remaining 6.5% to Subsidiaries wholly owned by Fairfax Financial Holdings Ltd “Fairfax”.
CIB is Egypt’s leading private sector bank, offering a broad range of financial products and services to its customers, including enterprises of all sizes, institutions, households and high-net worth individuals. CIB strives to provide superior financial solutions to meet all customers’ needs. Having the strongest brand equity rightfully places CIB as the bank of choice for over 500 of Egypt’s largest corporations. CIB shows tremendous potential within the bourgeoning Retail and SME Banking markets. Through its superior management, high-operating standards, corporate governance best practices and training programs,CIB has succeeded in becoming the most profitable commercial bank operating in Egypt for more than 40 years.
