Relationship Manager Jobs | Agricultural Bank of China Jobs
Agricultural Bank of China
Relationship Manager Jobs | Agricultural Bank of China Jobs
Job Description:
Position Overview: The Relationship Manager will be responsible for managing and enhancing relationships with banks and NBFIs within the MENAT (Middle East, North Africa, Afghanistan, and Turkey) region. This role involves overseeing various aspects of the client relationship lifecycle, including onboarding, compliance, credit management, and correspondent banking activities. The ideal candidate will be adept at fostering strong business relationships, ensuring adherence to regulatory requirements, and driving the growth of RMB (Renminbi) transactions.Key Responsibilities:
- Relationship Management:
- Develop and maintain strong relationships with banks and NBFIs in the MENAT region.
- Act as the primary point of contact for all interactions and communications with these financial institutions.
- Understand and address the needs and expectations of partner institutions to enhance mutual benefits.
- Onboarding and KYC Procedures:
- Oversee the onboarding process for new banks and NBFIs, ensuring compliance with KYC (Know Your Customer) regulations.
- Collaborate with the head office and department head to establish Correspondent Relationships effectively.
- Ensure all necessary documentation and due diligence are completed as per internal guidelines.
- Credit Management:
- Conduct internal rating initiations and credit investigations for local financial institutions (FIs).
- Manage the ongoing credit-post management process, including monitoring and reviewing credit performance.
- Identify and address potential credit risks, providing recommendations for mitigating strategies.
- RMB Promotion and Management:
- Promote and facilitate the opening of RMB vostro accounts by correspondent banks.
- Drive increased RMB remittance activity through strategic engagement and relationship building.
- Monitor and report on RMB transaction volumes and performance.
- Correspondent Banking Services:
- Liaise with sister branches and correspondent banks to manage and support corporate services such as guarantee reissuance and syndicated loans.
- Coordinate with relevant parties to ensure the smooth execution of correspondent banking transactions.
- Ongoing KYC Reviews:
- Conduct regular KYC reviews of existing correspondent banks to ensure compliance with internal policies and regulatory requirements.
- Update and maintain accurate records of KYC reviews and findings.
- Compliance and Reporting:
- Report any adverse information or news related to correspondent banks to the Compliance team promptly.
- Prepare and file required reports for regulatory bodies, including the central bank of UAE, head office, auditors, and other institutions.
- Ensure timely and accurate submission of all required documentation and reports.
- Team Support:
- Provide support to other colleagues in the Correspondent Banking (CB) team as needed.
- Deputize for other team members during absences or high-demand periods to ensure continuity of operations.
Qualifications:
- Bachelor’s degree in Finance, Business Administration, or a related field. Advanced degrees or professional certifications (e.g., CFA, CPA) are a plus.
- Proven experience in relationship management, particularly with banks and NBFIs in the MENAT region.
- Strong understanding of KYC procedures, credit management, and compliance requirements.
- Experience promoting and managing RMB transactions is highly desirable.
- Excellent communication and interpersonal skills, with the ability to build and maintain strong relationships with stakeholders.
- Strong analytical skills and attention to detail.
- Ability to work independently and as part of a team, with a proactive and results-oriented approach.
Working Conditions:
- Based in [City/Country] with occasional travel required within the MENAT region.
- Full-time position with standard working hours. Additional hours may be required based on business needs.
Application Process: Interested candidates should submit their resume and a cover letter detailing their relevant experience and qualifications. Applications will be reviewed on a rolling basis until the position is filled.
To apply for this job please visit ebilos.com.
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Verify Authenticity
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Stay Informed
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What to Do If You’re Targeted
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Resources
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By staying vigilant and following these precautions, you can significantly reduce your risk of falling victim to fraudsters.
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