Job Description

Overall Purpose of the Position 

The Financial Institutions Officer will be responsible for maintaining relationships with correspondent banks and other financial institutions.

Operational Responsibilities 

• To assist as Bank’s point of contact with other financial institutions,
• To revert on the Due Diligence Questionnaire sent to the Bank and to run reverse KYC on third party Financial Institutions and liaise with the relevant Units,
• To assist in preparing the annual Third-Party Credit reviews,
• To assist other Bank’s units in resolving operational issues with other financial institutions or connect other financial institutions to the relevant units within the Bank,
• To ensure sufficient knowledge of banking regulations with particular emphasis on Anti Money Laundering rules,
• To prepare and maintain the documentation required to open accounts or agreements with institutions,
• To maintain suitable records of such meetings and interactions with other financial institutions ,
• To always ensure compliance with Bank’s policies, guidelines, and underlying procedures.

General Responsibilities

• To submit any reports and/or participate in any projects and activities as may be directed from time to time.
• To ensure compliance with Bank’s policies, guidelines, and underlying procedures at all times.
• To perform standard office tasks including processing mail, answering phone calls, ordering supplies, filing, and to ensure contact lists are always up to date.
• To perform any other duties that may be reasonably assigned from time to time.
• To attend training as requested and perform any other duties that may be assigned from time to time.
• .

Qualifications, Skills & Competencies 

Mandatory

 Skill

• Have good verbal and written communication skills in English. Competence in another foreign language is an asset
• Possess excellent analytical and troubleshooting skills
• Be reliable, organised, highly meticulous and prepared to work under pressure.
• Able to work both independently and as part of a team in a dynamic environment.
• Be prepared to travel and relate to people from different cultural backgrounds.

Experience

• Previous experience in banking, law, compliance or financial environment is preferred.
• Experience in client facing roles or Relationship Management would be an asset

 Qualification

• Possess University degree or professional qualification in Banking, Finance, Accountancy Economics or Mathematics.

 Desirable

 Skill

• Be computer literate and conversant in MS Office applications, especially MS Excel.
• Committed to self-development.

 Experience

•  Have a flair for sales
• Some background in Financial Markets would be an asset..

Qualification

• -

Position level (1 being the highest level)

1. Head of Department
2. Managerial & Specialist Positions
3. Middle Management & Specialist Positions
4. Technical & Clerical Positions