Support Officer - CIB Operations at U-Connect Human Resources Consulting

Key Responsibilities

• Ensure strict adherence/compliance to internal policies & procedures, local exchange control rulings and international standard/best practices in the processing of Letters of Credit, Bills for collections & Guarantees.
• Communicate effectively with Regulatory authorities to Keep abreast of all legal and exchange control regulations in relation to the process steps and activities within assigned duties.
• Provide constant feedback to Manager CIB OPS on all operational matters of the section.
• Printing of documents and submission to regulators
• Sending all acknowledgement copies received from regulators to the requester after submission
• Filling and record keeping of acknowledgements and approvals from the regulators.
• Uploading of acknowledgements and approvals on the share point.
• To prepare reports- list of applications/approvals submitted and received respectively.
• Updating pending list of applications/requests with the regulators.
• Ensure prompt notifications/letters goes to CBN for all petroleum products at the point of form M processing completion.
• Review queries/rejection from regulators.
• Daily check of the CBN SharePoint folder for CBN approvals
• Updating new validity date for all revalidation approvals on the BFC register.
• Introduce best practices to promote risk awareness.
• Make effective verbal or written communication on the progress of Exchange Control and Compliance
• Communicates effectively with clients, branches, senior management as well as correspondent banks on all issues as regards CIB OPS
• Provides constant feedback to Manager, CIB Ops on all operational matters within the unit.
• Liaise closely with PBB, CIB, TPS, Global Market, GMO, branch managers, Regional Operations Managers, Business Managers, and Management to ensure acceptable international operations.
• Maintain excellent relationships with key regulatory agencies such as CBN, NOTAP, SON, NCS, FMF, NIPC, ETC

Requirements

• Candidates should possess a Bachelor's Degree
• Experience Description: 3-4 Years, 2 Year’s banking experience; experience in Trade, Payments, Swift, Exchange Control would be an advantage.
• Working knowledge of rules and regulations governing Payments and Trade Attention to detail and results oriented Work in a fast paced environment.