Head of Operations and Trade Finance
Bank of Khartoum (BOK International)
Total years of experience :17 years, 9 Months
Developed operational framework of the branch and brought clarity and accuracy to understanding scope of wholesale banking unit. Established complete setup of all functions of operations including trade finance, treasury Back office operations, remittances and Customer’s due diligence.
Successfully structured and executed trade finance transactions across a spectrum of sectors in different jurisdictions
Designed and implemented operational strategy to support the Bank’s overall business strategies
Providing professional direction/advice on all trade finance related matters within the unit/Bank.
Preparing annual business development plans, covering all aspects of treasury and international trade finance
Developing trade business relationships with leading financial institutions in the region
Preparing and implementing business models to boost fee and commission-based income
▪ Considering Trade Financed as major portfolio of the bank, established compliance framework and developed AML policies & Standard Operating Procedures for trade base money laundering and activities of the branch as per international standards.
▪ Performed compliance tests and designed controls to assess effectiveness of the compliance risk management
▪ overseen all activities of the unit to ensure compliance with policies & procedures of the bank as well as the regulators
Being one of three team members of the first offshore branch, I as operations manager was responsible for setting up branch operational base with regards to accounts, trade finance, corporate, treasury and administration areas as per the directives of head office.
General Banking Operations
▪ Managed customer relationship including account opening, customer due diligence and arrangement of expired/ missing documents.
▪ Handled end to end management of operations including inward and outward remittances, maintenance and reconciliation of Nostro Accounts
▪ Managed treasury back office operations for Money Market and FX dealing and settlements. Responsible for managing funds according to liquidity position.
▪ Coordinated activities related to booking of loans, accruals and settlements, managing SWIFT operations including inward and outward messages.
▪ Participated in external audits. Prepared and submitted periodic returns to Head Office and Central Bank of Bahrain based on business and operational requirements.
▪ Prepared daily, monthly, quarterly and annual returns for reporting to head office and Central Bank of Bahrain.
▪ Established and maintained relationships with various exchange companies in Bahrain to develop foreign remittance business of
the bank in Pakistan
Trade Finance
▪ Overall responsibility of issuance and settlement of letter of credits and guarantees
▪ Handled bill discounting after banker’s acceptance & FI exposure approval
▪ EstablishedtradebusinessrelationshipswithleadingfinancialinstitutionsbysigningMasterRiskParticipationAgreements(MRPA) ▪ Successfully executed several forfeiting transactions
▪ Analyzed business and risk appetite of the unit and generated business accordingly
▪ Examined the offers and prepared credit applications for approval of trade risk participation
International Compliance Association awarded this diploma in collaboration with Manchester Business School, The University of Manchester UK