Department Head - Correspondent Banking
Wall Street Exchange Centre LLC
Total years of experience :19 years, 7 Months
Correspondent Banking Relationship professional with experience of 12+ years, expertise in Banking relationship, Adept at meeting Banks and Financial Institutions requirements in order to start Business and keep the relationship active and going smoothly. Expertise managing global services delivery, driving Business strategies, transforming business, improving efficiency, leading changes, planning and managing cost.
1. Relationship management of financial institutions located in the local, regional and international markets.
2. Send Business Proposals & follow up for new arrangement Remittance / Banknote / products with Banks & Agents
3. Managing and increasing the cross border payments / remittance business across all corridors.
Project management of all new remittance products.
4. Act as a point of contact for all local, regional and overseas banking relationships.
5. Responsible for sourcing & exploring potential relationships with strong banking and non-banking financial institutions globally.
6. Targeting new correspondents for opening new NOSTRO A/Cs and new arrangement.
7. Organizing and attending meetings with banks officials to develop relationships.
8. Visiting our banks to bring in new and rewarding business to the company, and to maintaining good correspondent relationship with banks.
9. Execute correspondent banking- remittance agreement, NDA’s, and other forms.
10. Liaising with regulator for approval of relationships.
11. Working with correspondents and internal teams for implementation of API’s.
12. Participated in complying with UAE Central Bank regulations with regards to exchange house law licensing.
13. Coordination for staff training regarding system implementation and partners requirements.
14. Responsible for installation of POS (point of sale) Machines and staff training on the same.
15. Getting new business to the company by developing new contacts.
16. Responsible for improving corporate image.
17. Coordination with IT for implementation of various arrangements across the globe.
18. Preparing / updating company profiles
19. Complete all new & periodic Bank's applications for new facilities, internet banking, KYC, AML, AOF, undertaking, agreement, POS Machine, etc.
Branch Manager -
Head of CBranch Operations, and team leader for day to day business
Prepare reports related to Business, and team as well.
Main Cashier in Al Hareeka Branch for LC & FC
Banking Relationship, Banking Documentation, Corporate profiles, Manage Corporate Clients,