Entire process should be followed as per agreed Product Program, Process Notes, SOPs, OPM, CPM and ADMs.
Ensure timely authorization of transactions (Disbursement, Amendments and Settlement) without any error and SLA/TAT breach.
Ensure no product level understanding gaps specifically on Supply chain and Factoring products including Standard Wholesale Credit policies.
Ensure no errors while review of Credit Proposal & Agreements at the time of sanctioning disbursement against submitted drawdown request by client.
Ensure no errors while recovering fees, charges, VAT, interest, profit, penalties and charity against any o/s exposure specifically pertain to Supply chain and Factoring loans & finances.
Complete understanding of accounting standards and APPM to ensure no errors while accrual of income & charge components.
Ensure to have complete knowledge of SWIFT (MT103, MT202 and Inquiries Msg.) & UAEFT standards and ensure no errors while making SWIFT and UAEFTS payments.
Ensure to complete operating systems related UATs and highlighted related observations & defects promptly.
Ensure timely & strong tracking of post disbursement credit terms and incase of any breach report immediately.
End to end coordination with relevant stakeholders for any exception & clarification till closure/resolution.
Perform & Review daily reconciliation of all activities/process steps which have been recorded & updated in trackers and continuous follow-up for closure. Reconciliation status to be published daily to unit manage by highlighting the issues (if any).
Ensure all banking accounts are balanced while reconciliation b/w multiple systems.
Develop a controlled platform/mechanism to ensure all activities are being performed timely and error free.
Ensure timely escalate to Manager if action items are being delayed/not responded within defined timelines.
Ensure errors/knowledge gaps are shared with line manager/team to address customer service issues.
Ensure to have complete knowledge of trade cycle and ensure no error or mistake while Compliance & EDD screening.
Strong referral and follow up skills till completion of o/s task.
No revenue leakage due to miss out in charges collection.
No outstanding reconciliation entries pending in Nostro/Vostro or Internal accounts.
Experience of handling new system UATs, defining requirements and relevant follow-ups.
Ensure to have complete understanding of banking platforms like Flex (Oracle), ELCM, SWIFT, UAEFTS, EDMS, LLOYDs, FIRCO and SCF/IMX/Kastle
Disclaimer: Mashreq will never ask for your bank related information via phone call, SMS or email. We will also never contact you from a mobile number to resolve your query.
Welcome to the LinkedIn page of Mashreq. More than half a century old, we proudly think like a challenger, startup, and innovator in banking and finance, powered by a diverse and dynamic team who put customers first. Together, we pioneer key innovations and developments in banking and financial services. Our mandate? To help customers find their way to Rise Every Day, partnering with them through the highs and lows to help them reach their goals and unlock their unique vision of success. Join Mashreq and find your way to Rise Every Day.
