Team Member, Correspondent Banking at United Bank for Africa Plc (UBA) Full Time

Job Title: Team Member, Correspondent Banking

Location: Head Office, Nigeria
Employment Type: Permanent

Responsibilities

• Support the unit head in the development of strategic alliances/ partnerships with a select number of foreign banks that will drive correspondent cost efficiencies and generate inward/reverse correspondent opportunities across Africa.
• Manage Trade finance relationship with correspondent banks.
• Originate short-term credit lines for Trade Finance.
• Positively project UBA within the International Markets.
• Position UBA to be the preferred partner to FIs in Africa.
• Achieve cost efficiencies in UBA Group’s International Trade Financing by ensuring that our fees are kept to the minimum.
• Engage offshore correspondent banks on Trade and Payments related issues.
• Carry out prompt annual KYC/EDD review of all Correspondent Banks and facilitate same for UBA Group entities.
• Obtain AML/KYC documents online for new relationships and send the documents to Compliance Dept. for due diligence review.
• Achieve cost efficiencies in UBA Group’s International Nostro payment business by ensuring that charges are kept to the minimum.
• Preparation of monthly performance report that captures actual income realized on transactions and maturities settled during the month.
• Support the Unit Head in managing UBA Group’s account relationships i.e. account negotiation, opening and management.

Qualifications

• A Bachelor’s Degree in Social Science and Management Science
• A minimum of 3 years of experience in relationship banking, marketing and correspondent banking.

Candidate’s Profile:

• Our ideal candidate must have good knowledge of banking products/services. Must have good communication skills (Written & Oral), banking operations knowledge, and industry/Regulatory knowledge.

Knowledge & Skills Required:

• Bank Product/Service Knowledge
• Industry / Regulatory Knowledge
• Banking operations knowledge
• Result-oriented, self-motivated
• Good interpersonal skills
• Excellent relationship management/communication skills
• Good communication skills (Oral & Written).

What We Expect From You:

• High degree of professional ethics, integrity and responsibility.
• Highly organised, proactive, ability to work independently and take ownership of tasks assigned.
• Team player with the ability to work under pressure and ability to work with a wide variety of people and maintain an excellent business relationship.
• High sense of confidentiality and discreteness.

What You Should Expect From Us:

• Our corporate culture is defined by our core values. We do not just train our people to be the best in the job, we also offer encouragement, recognition, and rewards.
• Whatever level you are at in your career, we offer plenty of opportunities and support to build a rewarding career at UBA.
• Here in UBA, our employees are our greatest assets and so we built a recognition and reward system that boosts productivity and enhances staff retention, instituting a culture of meritocracy.

Application Closing Date
30th June, 2022.