Job Description
Title: Head of Remittance
Company Name: NRB Commercial Bank
Vacancy: 1
Job Location: Dhaka
Employment Status: Full-time
Educational Requirements:
∎ Graduation/Post Graduation in any discipline from UGC approved universities with no 3rd division in any discipline.
Experience Requirements:
∎ At least 15 year(s)
Job Context:
∎ Division:International Division
∎ Job Grade: VP
∎ Position Location: Head Office
∎ Contract type :Permanent
Job Responsibilities:
∎ Identify potential exchange houses or Money Transfer Organizations (MTO) for partnership and tie up, evaluate tie up & partnership opportunities.
∎ Develop tie up and partnership strategy aligned with the organization's objectives.
∎ Negotiate partnership agreements, contracts, and terms of partnership and tie ups to ensure mutual benefits.
∎ Discussing financial terms, revenue sharing models, intellectual property rights, and other relevant aspects.
∎ Initiate and maintain relationships with key stakeholders, including potential partners and MTOs, industry associations, government agencies and Central Bank etc.
∎ Oversee the implementation and ongoing management of partnerships and tie up with MTOs.
∎ Collaborate with various internal teams such as ICT, Treasury, Marketing, Branding, and Legal etc to align partnership and tie up activities with overall business strategies.
∎ Prepare related office notes and place it to Top Management for approval before any partnership and tie ups.
∎ Coordinate joint marketing initiatives, product integrations, co-branding opportunities, and other collaborative efforts to increase remittance in flow/inward remittance.
∎ Continuously identify new partnership opportunities that align with the organization's growth objectives.
∎ Stay updated on industry trends, market dynamics, and emerging technologies to identify potential areas of collaboration or expansion.
∎ Prepare regular reports and presentations to update senior management on partnership and tip up activities, achievements, challenges, and future plans.
∎ Provide insights and recommendations to Top Management based on Bank's performance analysis and market intelligence.
∎ Maintain AML & CFT Policies for all remittance transaction.
∎ Strong knowledge of all aspects of focal and overseas remittance, treasury operations and practices.
Additional Requirements:
∎ Minimum 15 years experience in remittance and treasury settlement operations, with at least 5 years experience at Head of Remittance.
∎ Strong service quality, control and process improvement skills
∎ Excellent leadership quality on process, people and service excellence
∎ Knowledge in treasury and derivatives products is essential.
∎ Good interpersonal and communication skills are required and able to work under pressure.
Job Source: Bdjobs.com Online Job Posting.
Application Deadline: 16 Dec 2023
Company Information:
∎ 6 Dec 2023
∎ NRB Commercial Bank
Category: Bank/Non-Bank Fin. Institution
