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  • Posted: Jun 16, 2022
    Deadline: Jul 12, 2022
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  • UBA’s has more than 65 years of providing uninterrupted banking operations dating back to 1948 when the British and French Bank Limited ("BFB”) commenced business in Nigeria. BFB was a subsidiary of Banque Nationale de Crédit (BNCI), Paris, which transformed its London branch into a separate subsidiary called the British and French B...
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    Team Member, Correspondent Banking

    Responsibilities

    • Support the unit head in the development of strategic alliances/ partnerships with a select number of foreign banks that will drive correspondent cost efficiencies and generate inward/reverse correspondent opportunities across Africa.
    • Manage Trade finance relationship with correspondent banks.
    • Originate short-term credit lines for Trade Finance.
    • Positively project UBA within the International Markets.
    • Position UBA to be the preferred partner to FIs in Africa.
    • Achieve cost efficiencies in UBA Group’s International Trade Financing by ensuring that our fees are kept to the minimum.
    • Engage offshore correspondent banks on Trade and Payments related issues.
    • Carry out prompt annual KYC/EDD review of all Correspondent Banks and facilitate same for UBA Group entities.
    • Obtain AML/KYC documents online for new relationships and send the documents to Compliance Dept. for due diligence review.
    • Achieve cost efficiencies in UBA Group’s International Nostro payment business by ensuring that charges are kept to the minimum.
    • Preparation of monthly performance report that captures actual income realized on transactions and maturities settled during the month.
    • Support the Unit Head in managing UBA Group’s account relationships i.e. account negotiation, opening and management.

    Qualifications

    • A Bachelor’s Degree in Social Science and Management Science
    • A minimum of 3 years of experience in relationship banking, marketing and correspondent banking.

    Candidate's Profile:

    • Our ideal candidate must have good knowledge of banking products/services. Must have good communication skills (Written & Oral), banking operations knowledge, and industry/Regulatory knowledge.

    Knowledge & Skills Required:

    • Bank Product/Service Knowledge
    • Industry / Regulatory Knowledge
    • Banking operations knowledge
    • Result-oriented, self-motivated
    • Good interpersonal skills
    • Excellent relationship management/communication skills
    • Good communication skills (Oral & Written).

    What We Expect From You:

    • High degree of professional ethics, integrity and responsibility.
    • Highly organised, proactive, ability to work independently and take ownership of tasks assigned.
    • Team player with the ability to work under pressure and ability to work with a wide variety of people and maintain an excellent business relationship.
    • High sense of confidentiality and discreteness.

    What You Should Expect From Us:

    • Our corporate culture is defined by our core values. We do not just train our people to be the best in the job, we also offer encouragement, recognition, and rewards.
    • Whatever level you are at in your career, we offer plenty of opportunities and support to build a rewarding career at UBA.
    • Here in UBA, our employees are our greatest assets and so we built a recognition and reward system that boosts productivity and enhances staff retention, instituting a culture of meritocracy.

    Method of Application

    Interested and qualified? Go to United Bank for Africa (UBA) on app.ismartrecruit.com to apply

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