SENIOR OFFICER - BANK NOTES DEALING
UAE Exchange Hong Kong Ltd
Total years of experience :17 years, 9 Months
Responsible for wholesale and retail FC trade and dealing.
Closely monitor daily price movements to ensure best whole deal for the Clients
Good track record in Foreign Exchange Trading /Cash & Sales
Trading physical banknotes with local and overseas institutions within banknotes Trading Limits.
Managing F/X Positions, Banknotes Inventory and Funding Positions, complying with all relevant trading limits.
Coordinating with overseas clients for export/import of currencies.
Build and maintain strategic business relationships with existing and prospective clients.
Work closely with Hong Kong market and financial operations regarding pertinent business issues.
Oversee all trade processing controls and back office functions.
Support other areas of currency related issues including Cash Management of branches, pooling of funds to HO ‘Forex, giving special rates as required.
Demonstrate sound knowledge of foreign exchange market to provide relevant market information to clients and Braches
Responsible for giving adequate training for the staff on cash handling and dealing.
Be aware of the Operational Risk scenario associated with Banknotes trading and act in a manner that takes account of operational risk considerations
Working closely with ''Know Your Customer'' (KYC) Managers to obtain updated information and / or documents from clients for the completion of KYC profiles preparation and review.
Exploring other potential markets and expanding the existing client base
Coordinating with overseas clients for export/import of currencies.
Dealing Operations (Bank notes) is based in Dubai. Main objective is to capture the local market for foreign currencies by buying and selling currencies to Exchange houses / branches and import & export.
Rendering support to the branches and associates in 11 countries where we doing export and import by handling FX system and FOREX related queries.
Quoting FX rates for branches/banks/exchange houses to buy and sell currencies.
Settlement against Hong Kong and Australia coverings.
Engaging in hedging foreign currency exposure with banks through forward contracts
Remittance
Foreign exchange operations
Co-ordination among tellers for functional effectiveness
Evaluation and arrangements of funding amount to deposit with banks
Handling corporate customers for their foreign exchange and remittance requirements
Upgradation of foreign exchange rates
Channel management: Heading the Bancassurance channel for Thrissur District, Kerala, India.
Promoting General Insurance products through Bank relationships.(Axis Bank, IDBI Bank, SIB, Vijaya Bank, Punjab National Bank, J&K Bank, Lakshmi Vilas Bank, Punjab & Sindh Bank, HDFC Bank, Karnataka Bank, UBI)