Deputy Manager Centralized Operation
Arab African international Bank
Total years of experience :21 years, 11 Months
Reporting to Regional General Manager:
• Overall management responsibility for the Operations, Treasury Back office department.
• Provide support to all the front line business and Treasury activities of the Bank.
• Providing value added services in the areas of Clearing, Cash Management, Remittances, Treasury back office Operation, correspondent banking activities.
• Responsible for all major Central Bank of the UAE system changes, projects like UAEDDS, UAEFTS, WPS, IBAN, UAEASR and ICCS.
• Manage the UAT testing and related signoff in the unit, in the event of a launch of a new product/system and Ensure the change-over to new systems and processes is smooth and error-free.
• Maintaining Monthly Reserve requirements with Central Bank of the UAE (AED and USD).
• SWIFT system maintenance and making sure that, all Inbound/Outbound swift are disposed off appropriately.
• Conduct staff meetings to review operational problems affecting bank operation.
• Prepare regular reports/ MIS and analysis for senior management for effective monitoring and control.
Reporting to Head of Operations:
• Analyzed all treasury Foreign Exchange and Money Market deals prior execution.
• Verified deals ticket with conversation and against counterparty confirmations.
• Authorized currency rates and funding cash flows.
• Managed the NOSTRO’s and VOSTRO’s account activities and reconciled
Reporting to Business Head:
• Ensured all transactions are processed in accordance with the laid down procedures.
• Supervised audit ratings, MIS reporting and Bank reconciliation.
• Managed all General Ledger accounts and ensure no leakage of income.
• Handled customer, NOSTROs and credit inquiries.
MashreqBank PSC Dubai (March 06 to Sep 09)
Team Leader Correspondent Banking (New York Team).
Global Operations Centre where Trade Finance, Fund Transfer, Risk Participation, Financing and Reimbursement functions are centralized for MashreqBank offshore branches like New York, London, Mumbai and Hong Kong.
• Responsible for the overall performance of the Funds Transfer Centralized Operations.
• Managing relationship with 4 Liaison Offices in Pakistan, Bangladesh, India and Nepal.
• Maintaining 154 Vostro Accounts, Daily 3, 000 outward and 4, 000 inward payments.
• Managing the Communication to branches and correspondent banks.
• Respond to correspondence from various Financial institutions and / group offices.
• Interact with the CRM, TOC and FID in a consultative mode to resolve customer related issues.
• Conduct root cause analysis of recurring problems in the process and take corrective actions.
• Coordinate with the Head of (GOC) Global Operation Centre for the training of 15 team members.
• Guide relationship managers and other unit members in day to day complicated transactions.
• Exercise precocious to avoid processing of any unusual /suspicious transactions.
• Comply and implement Head office Instructions, OFAC, AML regulations.
In charge Trade Finance
Reporting to Zonal Head Trade Finance.
• Managed trade finance unit having exposure Rs.500 million.
• Issued, examined and executed letters of credit, collections and guarantees in accordance with established policies, procedures and UCP 600 and Ensure that credit approval is in place.
• Provided advice to customers and account officers on the types, requirements, and issues of letters of credit, collections and guarantees
Officer Trade Finance.
Reporting to Head of Trade Finance
• Worked on all slots of the Trade Finance department like, LC issuance, Lodgements, Export LC advising, Export bills negotiation, and Proceed realization.
• Prepared trade finance related statements for submission to State Bank of Pakistan and HO
Affiliated with University of Engineering and Technology
Affliated with South Atlantic Univercity USA
Affiliated with Ministry of petroleum and Punjab Technical Board of Education