Assistant Manager
Federal Exchange Dubai
Total years of experience :8 years, 10 Months
• Performs daily operational functions for processing Automated Wire Transfer transaction accurately and timely.
• To manage the daily operation activities in handling Inward Telegraphic Transfer / Outward Telegraphic Transfer.
• Perform control and review functionalities to ensure no backlog, lapse or gaps in operations activities.
• Captured Data from all branches, prepare payment order of different currencies and send all transactions to their correspondent banks.
• Dealing with Banks and Customers. Taking rate (Buying) from Banks, Giving rate (Selling) to customers. Major currencies are Eur, GBP, PKR and INR.
• Swift messages creation and is responsible to keep SWIFT System in good operating condition.
• Having good knowledge of AML Regulations, KYC guidelines and OFAC issues.
• Understand and explaining the mechanics of the payment process to the customers in case of ambiguity.
• Resolve any discrepancies on returned transactions.
• Reviews records to determine when balances need replenishing.
• Daily prepare transaction volume and report to higher management.