• 2.2.6 Correspondent banking relationship


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    Description of role

    Responsible for developing and maintaining banking relationship for carrying out the transactions in various foreign currencies and in meeting bank’s financing requirements.

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    Core skills

    • Knowledge of correspondent banking business and has very good communication skills
    • Ability to understand and negotiate proper terms with international banks to facilitate Forex, Trade and remittance transactions
    • Ability to respond to client requests by communicating with internal departments involved in delivering basic banking services to retail and corporate clients
    • Ability to tap the syndicated loan market to meet any liquidity requirement from time to time.
    • Explore new markets that would help in enhancing the financial reach
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    Qualification and/ or certification

    • QFSQF Level 3
    • Relevant experience

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    Industry knowledge

    • Knowledge of relevant banking products and services
    • Knowledge of correspondent banking market

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    Regulatory compliance of role

    • Knowledge of banking regulatory framework
    • AML laws and regulations
    • ISDA and other trade agreements