Analyst – PSFU & Trade

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
The candidate will be responsible for the creation and execution of a number
of daily processing functions of Post Sanction Fulfilment Unit (PSFU), with
special emphasis on preparation of corporate facility and collateral
documentation, fit to lend checks, loading of limits, monitoring and control
activities with regard excesses & past dues and other risk reports, scanning
of corporate client transaction documents and assist on Trade related basic
activities.
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 requirements, Enterprise Wide Risk Management Framework and
internal Barclays Policies and Policy Standards
Maintain code of conduct in line with banks policies and regulatory
guidelines.
Ability to multitask and adhere to strict deadlines.
Understand AML requirements and escalate suspicious transactions to concerned
superiors.
Person Specification
Must be an Arabic speaker who is a good communicator and can multitask. ‎5
years of experience in Financial Services required.
Essential Skills/Basic Qualifications:
Minimum qualification - Graduate
Good Knowledge of MS Office
Good organisational & administrative skills
Team player
Desirable skills/Preferred Qualifications:
Self-starter and self-motivated player, able to define structure and
prioritise work for self
Good Knowledge of Swift and the associated messages MT ‎1 ,‎2 and ‎9 series.
Understanding of local payments systems UAE FTS, UAE WPS, UAE IPI
Ability to work with different geographies and quickly adapt to changes.
Understanding of ISO ‎20022 format of message will be an added advantage.
Purpose, Values and Mindset
We deploy finance responsibly to support people and businesses, acting with
empathy and integrity, championing innovation and sustainability, for the
common good and the long term.
Our values underpin everything we do: Respect, Integrity, Service, Excellence
and Stewardship.
Respect
We harness the power of diversity and inclusion in our business, trust those
we work with, and value everyone's contribution.
Integrity
We operate with honesty, transparency and fairness in all we do.
Service
We act with empathy and humility, putting the people and businesses we serve
at the centre of what we do.
Excellence
We champion innovation, and use our energy, expertise and resources to make a
positive difference.
Stewardship
We prize sustainability, and are passionate about leaving things better than
we found them
Our Mindset shapes how we take action, living by our Values, driven by our
Purpose, always with our customers and clients at the heart of what we do; our
Mindset is to Empower, Challenge and Drive.

Empower
Trust and support each other to deliver. Make decisions with those closest to
the topic. Include diverse perspectives. Celebrate success and learn from
failure.

Challenge
Question whether things can be done better. Use insights based on data to
inform decisions. Be curious about how we can adapt and improve. Speak up and
be open to alternative viewpoints.

Drive
Focus on outcomes. Deliver with pace. Be passionate and ambitious about what
we do. Take personal responsibility. Actively build collaborative
relationships to get things done.