Associate Manager / Manager - Outward Remittance

Job Description

Title: Associate Manager / Manager - Outward Remittance

Company Name: BRAC Bank Limited

Vacancy: Not specific

Job Location: Dhaka

Employment Status: Full-time

Educational Requirements:
∎ Masters in any discipline, preferably in business administration, from any reputed university.

Experience Requirements:
∎ At least 4 year(s)

Job Responsibilities:
∎ Monitoring and reconciliation of accounts for outward payments.
∎ Documentation checking in accordance to regulations.
∎ Handle outgoing SWIFT payments and all related queries.
∎ Handle remittance queries across the branches / Corporate / Retail / SME clients.
∎ Maintain good correspondence with Bangladesh Bank for remittance approvals.
∎ Escalate & cascade key risk events/exceptions and also initiate for suitable mitigation plans.
∎ Maintain and prepare relevant data and ability to prepare various reports as and when required.
∎ Ensure proper reporting of all FX transactional activities.
∎ Comprehensive knowledge on Sanctions screening and disambiguation process.

Additional Requirements:
∎ Minimum 4 years' experience in Bank or Financial Institution preferably in Remittance Operations
∎ Excellent Knowledge about Microsoft Office.
∎ Computer literacy and affluent to prepare presentation.
∎ Good verbal and written communication skills.
∎ Excellent inter-personal relationship.
∎ Analytical, leadership and decision making skills.
∎ Good knowledge about Treasury Nostro funding activities and procedures.
∎ Comprehensive knowledge on GFET / TAX / VAT, Regulatory Reporting to all related regulators.

Application Deadline: June 16, 2019

Company Information:
∎ BRAC Bank Limited
∎ Business : BRAC Bank Limited, pioneer in SME Banking, delivers a full array of banking services to individuals as well as business entities. With a network of 184 Branches, over 460 ATMs, 448 SME Unit Offices and 229 remittance delivery points, the Bank has unmatched reach to provide a comprehensive range of solutions to serve millions.

Category: Bank/Non-Bank Fin. Institution