FX Specialist

Job Description

<strong>Note: Arabic Speakers Only<br><br></strong>Department Description:<br><br>To Manage overall Business Banking Fx business by working in conjunction with Area ManagersRelationship Managers and branches Carry a shared plan on FX product with the Relationship team<br><br>To Drive profitability and increase market penetration of existing products and provide supportfeedback to develop new productsenhance customer experience<br><br>Implement Product program based on segment strategies and work with Product and Analytics team for effective FX sales<br><br>Brief Description:<br><br>For Business Banking Fx remittance is fastest growing product line in the region with an increasing potential to tap more into existing base itself and based on numbers this line to sustain its growth It iskey to activate not only New to Fx but also to increase the share of wallet by cross selling new products under the product basket<br><br>Detailed Description:<br><br>Planning<br><br>Quantitative<br><br>To maintain close contact and relationship with respective portfolios of customers such that we remain one of main bank getting their major share of wallet<br><br>To work closely with Regional ManagerArea manager on daytoday business planning in order to achieve regions Fx budget<br><br>Update Regional ManagerArea Manager on team performance and discuss and seek advice to grow business<br><br>Financials<br><br>Qualitative<br><br>To support Head of Cross sell with market feedback to develop differentiated sales and business development approach for different regions<br><br>Help to design and launchrun Fx campaign to build momentum across various FX products and initiative<br><br>Promote online line channels as part Banks digital Agenda<br><br>To be fully aware of all policies relating to operational and market risk<br><br>Responsible for assessing product risk reputation risk and product suitability by deploying global best practices<br><br>Business Development<br><br>Quantitative<br><br>To coach Business Banking Relationship Managers to enhance FX business generation opportunities<br><br>To do joint calling with Business Relationship Managers understand client needs and advise them accordingly<br><br>Business Development<br><br>Quantitative<br><br>To ensure optimum client calls are conducted on a weekly basis to maximize primary transaction banking sales<br><br>To proactively drive newtobank Fx business in order to increase presence in the identified target segment<br><br>In conjunction with Business Banking Preposition proactively solicitmanage business with riskreward parameters<br><br>Manage the pricing and margins for FX while ensuring that we look at the customer profitability lens for every transaction<br><br>Collaboration<br><br>Qualitative<br><br>Liaison with internal stakeholders to ensure service delivery to the customers<br><br>Work closely with all products and channel partners from retail banking so as to maximize opportunities provided through regular contact feedback coordination<br><br>Job Requirements:<br><br>Preferably a management graduate with 57 years relevant working experience Essential<br><br>Desirable<br><br>Indepth knowledge of Fx products services delivery channels available for SME customers in the region<br><br>Strong analytical problem solving networking and financial management skills Informed in market competition industry practices and regulations for Business banking Desirable<br><br>Desirable<br><br><strong>Essential<br><br></strong>Additional Details:<br><br>Well Aware about procedures and systems relevant in the area of work and can apply them on a daily basis<br><br>Understands and can apply the basic principles and compliance regulations in daytoday work<br><br>Good written communication Able to create a professional looking spreadsheet graphical presentation with superior keyboard skills necessary to perform data entry<br><br><strong>Essential<br><br></strong>Essential<br><br>Analytical thinkingUses information to come up with solution or recommendation Forward thinking fair minded<br><br>Teamwork and cooperationParticipate willingly and volunteers to cover for others work when team resources are scarce Communicates openly<br><br>Concern for quality Selfmotivated result oriented high integrity compliance minded Essential<br><br><strong>Essential<br><br></strong>29<br><br>Any<br><br>Any<br><br><strong>Essential<br><br></strong>Desirable<br><br>Desirable<br><br>AS Mentioned in the JD<br><br><strong>Primary Location<br><br></strong>United Arab Emirates-Dubai-Dubai – Deira, Baniyas Road, Enbd Head Office<br><br><strong>Job<br><br></strong>Relationship Management<br><br><strong>Organization<br><br></strong>Business Banking<br><br><strong>Schedule<br><br></strong>Regular<br><br><strong>Shift<br><br></strong>Standard<br><br><strong>Job Type<br><br></strong>Full-time<br><br><strong>Job Level<br><br></strong>Day Job<br><br><strong>Job Posting<br><br></strong>May 5, 2023, 4:10:33 AM