Analyst – Psfu & Trade

Barclays logo
Company: Barclays
Location: Dubai
Employment Type: Full-time
Posted: 13 hours ago
Description:
**Barclays Corporate Banking**

For more than 50 years, Barclays has been a member of the Middle East business community offering clients best-in-class services and solutions in Corporate and Investment Banking, as well as Private Banking. We offer corporate banking solutions to financial institutions and multinational corporations, supporting them fulfil their financing needs, risk management, cash and liquidity management, as well as trade and working capital requirements.

We look at exceeding expectations by providing a customised and dedicated service, from origination to client servicing. We have the people and capabilities to help our clients achieve their ambitions in the right way.
• *Post Sanction Fulfilment Unit and Trade Finance**

The Post Sanction Fulfilment Unit handles all post credit approval activities such as issuance of facility offer letters & security documents as per sanction terms, fit to lend checks, limit loading, monitoring of risk reports, safe custodian of facility agreement and security documents, reporting of limits and collateral for regulatory and other stakeholders for the entire Corporate Banking portfolio.

Trade Finance signifies financing for Trade, and it concerns both domestic and international trade transactions. A trade transaction requires a seller of goods and services as well as a buyer. Various intermediaries such as Banks and Financial institutions can facilitate these transactions by financing the trade.
• *Overall purpose of role**
• *Key Accountabilities**

Manage preparation and finalisation of facility documentation and security documentation as per approved credit sanction in compliance with standard documented processes.

Ensure of safe receipt of all lending documentation, preparation of facility record sheet and limits loading in the core banking systems as per the sanction terms and conditions for Corporate clients and Banks and Financial Institution.

Maintain and circulate risk reports to the UAE Global Corporates and Corporate Credit Team on a daily basis for necessary action.

Monitor risk reports, identifying and mitigating any possible risks

Carry out all activities with regard recovery of arrangement, management and commitment fees in relation to Trade and Working Capital facilities, syndication and bilateral facilities on agreed time frame.

Ensure issuing of reference letter to client, balance confirmation certificates to auditors and status inquiries received from other banks are replied within the stipulated timeframe.

Responsible to prepare regulatory reports and all periodical reconciliations.

Responsible to register standard documents with Emirates integrated Registries Company LLC (Local Regulator) for Bank’s first notice right.

Handling and responding to internal queries relating to documentation, collaterals, transactional activities within an agreed turnaround times.

Act as back up for PSFU, training colleagues within the department and if required support other areas of operations.

Updating of department process notes, process flows in line with system changes and new regulations and process. Finally sharing them with an appropriate Line Manager for sign off.

Support accountable managers in control assessments and internal & external audits review.

Filing and archival of corporate clients lending documents in line with local regulations and process.

Assist and liaise with relevant stakeholders on loans booked globally for UAE Corporate Clients.

Scanning of all corporate customer lending documents

Understand the impact of how own accountabilities impact overall Operations department, by providing limits to clients and the downstream impact this has on trade transactional processing.

Assist Trade related activities as support on:

– Day to day working of Trade operations – Import/Export Collections, Trade/Import Loans
– Collection of documents and generate pre-processing sheets for scanning.
– Transactions processed by you and ensure that any errors identified are escalated to the onshore and offshore managers
– Follow up on your transactions from start to completion
– Ensure cases on CRM are logged in the timely manner on all client interaction and smooth functioning of the Trade Middle office & client satisfaction
• *Stakeholder Management and Leadership**

Build effective relationships through pro-active participation in meetings

Work closely with internal customers to ensure prompt service delivery and enhance collaboration across teams.

Regular interaction with local and group stakeholders through effective communication
• *Decision-making and Problem Solving**

Ensure that all decision making is carried out within compliance of standard written processes

Ensure that problems are solved within the standard written processes, and where appropriate escalated to an appropriate Line Manager.
• *Risk and Control Objective**

Ensure that all activities and duties are carried out in full compliance with regulatory requi

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