Settlement, CBO Lead

SETTLEMENT:

• Establish and manage a relationship with correspondent banks
• Manage in-country and country to country money transfers and transactions;
• Maximize automation level of transactions while increasing their efficiency and accuracy
• Create and update when needed department’s effective policy
• Create effective system to discover operational risks ASAP and minimize them
• Negotiate partner banks about credit lines etc.
• Manage and control balance on correspondent accounts
• Monitor and control document flow and operations
• Control transit accounts

CENTRALIZED BACK OFFICE

• Check the existence of all valid documents after credit risk department approves loan to clients;
• After approving the loans, make relevant transaction to transfer money on client’s account. If necessary, communication with client in order to check important details;
• Manage incasos, seizures, court disputes, notifications/requests from the Procurator’s office etc.
• Manage over limit transaction authorizations.
• Manage new product registrations and control existence of relevant/valid documents.
• Manage, control and check transactions are made according to legislation etc.
• Manage achieving processes: collect documents from branches and store them according to regulations;
• Manage relationships with unsatisfied clients and make relevant reporting;
• Excellent execution of the obligatory actions in accordance to applicable rules and regulations;
• Timely introduction of changes to staff in product standards, procedures or regulations and control of the performance;
• Minimizing errors and operating losses in the process;
• Systematically work on perfection and fasten existing back office processes to increase customer satisfaction by minimizing customer waiting time;
• Develop and maintain strong controlling tools to monitor systematically compliance
• Other tasks related to back office work to support fully front office operations.