Job Description - Team Lead, Invisibles and Remittances
Job title : Team Lead, Invisibles and Remittances jobs in Lagos Job Location : Lagos Deadline : May 07, 2024 Quick Recommended Links
JOB DESCRIPTION
Responsible for overall coordination, management, administration, and delivery of all Form A and Invisible Products and Services (CCI, PTA, BTA, ESTACODE, Vendor and Dividend Payments and Remittances, CCI and Profit Repatriation, and all other invisible payment products and services)
Provides leadership in the process of enforcement of compliance with regulatory dictates, ensuring that the provisions of the dynamically changing foreign exchange manual and relevant international rules are complied with in the process of delivery of Form A and Invisible Products and Services.
Oversees the process of mandatory compliance with the requirements of form A registration ensuring and enforcing submission of all regulatorily dictated documentation.
Handles the process of engagement with the regulators, internal and external stakeholders, local and foreign counter parties on product, process and platform development for Invisible products, providing enabling environment for product growth and delivery in the bank.
Oversees the process of daily and periodic reconciliation of Nostro, GL and Suspense accounts, ensuring open items are timely closed.
Oversees the process of administration and management of associated operational risks ensuring that process and operational risks are identified with the risk mitigants put in place to avoid risk crystallization.
Develops and handles capacity enhancement, skills building and knowledge transfer plans and programs for the team members.
Experience
8-10 years of experience in Trade Functions
Education
First Degree in any discipline
Trade Certification (CDCS, CSDG, CITF)
Master’s degree and other professional certification (added advantage)
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