Team Member, Correspondent Banking at United Bank for Africa Plc (UBA)

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United Bank for Africa Plc (UBA) is one of Africa’s leading financial institutions, with operations in 19 African countries and 3 global financial centres: London, Paris and New York. From a single country organisation founded in 1949 in Nigeria UBA has grown to become a pan-African provider of financial services with over 11 million customers, through close to 1000 business offices and touch points globally.

We are recruiting to fill the position below:

Job Title: Team Member, Correspondent Banking

Location: Head Office, Nigeria
Employment Type: Permanent

Responsibilities

  • Support the unit head in the development of strategic alliances/ partnerships with a select number of foreign banks that will drive correspondent cost efficiencies and generate inward/reverse correspondent opportunities across Africa.
  • Manage Trade finance relationship with correspondent banks.
  • Originate short-term credit lines for Trade Finance.
  • Positively project UBA within the International Markets.
  • Position UBA to be the preferred partner to FIs in Africa.
  • Achieve cost efficiencies in UBA Group’s International Trade Financing by ensuring that our fees are kept to the minimum.
  • Engage offshore correspondent banks on Trade and Payments related issues.
  • Carry out prompt annual KYC/EDD review of all Correspondent Banks and facilitate same for UBA Group entities.
  • Obtain AML/KYC documents online for new relationships and send the documents to Compliance Dept. for due diligence review.
  • Achieve cost efficiencies in UBA Group’s International Nostro payment business by ensuring that charges are kept to the minimum.
  • Preparation of monthly performance report that captures actual income realized on transactions and maturities settled during the month.
  • Support the Unit Head in managing UBA Group’s account relationships i.e. account negotiation, opening and management.

Qualifications

  • A Bachelor’s Degree in Social Science and Management Science
  • A minimum of 3 years of experience in relationship banking, marketing and correspondent banking.

Candidate’s Profile:

  • Our ideal candidate must have good knowledge of banking products/services. Must have good communication skills (Written & Oral), banking operations knowledge, and industry/Regulatory knowledge.

Knowledge & Skills Required:

  • Bank Product/Service Knowledge
  • Industry / Regulatory Knowledge
  • Banking operations knowledge
  • Result-oriented, self-motivated
  • Good interpersonal skills
  • Excellent relationship management/communication skills
  • Good communication skills (Oral & Written).

What We Expect From You:

  • High degree of professional ethics, integrity and responsibility.
  • Highly organised, proactive, ability to work independently and take ownership of tasks assigned.
  • Team player with the ability to work under pressure and ability to work with a wide variety of people and maintain an excellent business relationship.
  • High sense of confidentiality and discreteness.

What You Should Expect From Us:

  • Our corporate culture is defined by our core values. We do not just train our people to be the best in the job, we also offer encouragement, recognition, and rewards.
  • Whatever level you are at in your career, we offer plenty of opportunities and support to build a rewarding career at UBA.
  • Here in UBA, our employees are our greatest assets and so we built a recognition and reward system that boosts productivity and enhances staff retention, instituting a culture of meritocracy.

Application Closing Date
30th June, 2022.

How to Apply
Interested and qualified candidates should:
Click here to apply online

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