Title: Manager - Correspondent Banking, International Division (SEO-FAVP)
Company Name: Bengal Commercial Bank Limited
Vacancy: Not specific
Job Location: Dhaka
Employment Status: Full-time
Educational Requirements:
∎ Post-Graduation/graduation preferably in Business discipline/computer science and engineering from any reputed local/international University with no Third Division/Class
Experience Requirements:
∎ At least 6 year(s)
Job Responsibilities:
∎ Formation & Implementation of Financial Institution (FI) Unit under International Division of the Bank for undertaking business in International Arena.
∎ Opening Nostro Accounts in major importing/ exporting countries.
∎ Establishing RMA (Relationship Management Application) with other financial institutions.
∎ Complete Registration Process for the Bank with world reputed Third Parties providing database for compliance with Sanction, AML, Tax & Legal issues.
∎ Share Standard Settlement Instructions (SSI) with Correspondent Banks
∎ Register the Bank with IRS (Internal Revenue Service) to obtain GIIN (Global Intermediary Identification Number)
∎ Compliance with Tax and Legal Issues in Countries of Correspondent Banks like, USA Patriot Act certification, Foreign Account Tax Compliance Act
∎ Arrangement of Correspondent Banking agreement and/or other arrangements for availing Credit Limit, Cash Management, Remittance, trade finance and other services.
∎ Coordinate in Know Your Customer (KYC), Due Diligence process of correspondent banks in home and abroad.
∎ Coordinate with Internal Stakeholders (Branch, Trade Services Division, Treasury Back Office, and Inward Foreign Remittance) for facilitating foreign exchange transactions of the Bank.
∎ Arrange meetings between correspondent banks and top management of the Bank, and circulating minutes of the same.
∎ Other Jobs as and when assigned by Head of the Division, Management of the Bank.
Additional Requirements:
∎ Minimum 6 years' experience with minimum 2 years experience in Correspondent Banking of a reputed Bank
∎ Sound knowledge on Guidelines for Foreign Exchange Transactions, Prevention of Trade Based Money Laundering, Prevention of Terrorist Financing and Financing of Proliferation of Weapons of Mass Destruction, and other guidelines, guidance notes, circulars & circular letters issued time to time by Bangladesh Bank
∎ Excellent interpersonal and communication skills
∎ Ability to drive and manage communicate with internal User Departments, IT Department, SWIFT and/or third party service bureau
∎ Sufficient skills to operate Microsoft Operating Systems software and applications software such as database programs, spreadsheets, web browsers
∎ Certification in CertPAY, CDCS, CSDG, CITF, CTFC and/or other similar qualification will be treated as additional qualifications
Salary:
∎ Bengal Commercial Bank Ltd. offers excellent compensation & benefit packages.
Job Source: Bdjobs.com Online Job Posting.
Application Deadline: 25 Dec 2021
Company Information:
∎ 27 Nov 2021
∎ Bengal Commercial Bank Limited
∎ Address : Khandker Tower (6th Floor), 94, Gulshan Avenue, Gulshan, Dhaka-1212
Category: Bank/Non-Bank Fin. Institution
: Bengal Commercial Bank promotes Equal Employment Opportunity. Only short-listed candidates will be communicated and any sort of persuasion will result in disqualification.
Source: bdjobs.com