Limits Section Head – Manager Job in Al Kuwait, Kuwait at Career Hunters
Manage limit unit staff and ensure all Customers/ Financial Institutions limits are accurately and timely maintained within the agreed SLA and cut off time.
· Limits Documentations: Ensure all local and international limits documents are complete & processed based on guidelines as well as follow up with stakeholders to ensure limits and required data is accurate.
· Limits Setup & Update: Ensure that all Customers/ Financial Institutions, wholesale and defaulted limits are set up, updated or amended correctly and in a timely manner based on the limit requisite received.
· Process and Guidelines: Ensure all limit procedures are in line with internal and external guidelines & regulations as well as containing all the relevant documentation, signatures and any audit or risk finding.
· Liaison and coordination: Liaison with CAD, Treasury and Legal to ensure compliance of policy & procedures and resolve issues related to limits as required.
· System Management: Ensure that all limits entries are processed & updated on the system accurately in line with the communicated approvals.
· System enhancement: Highlight any possible system enhancement to improve control and remove redundancies. Coordinate with IT for development and implementation.
· SLA and Cut off Times: Ensure that all transactions are completed within the agreed SLA and prior to the agreed cut off time.
· Reports: Timely completion of all daily / monthly reports and other than monthly Statistics.
1.Requirement open for Kuwaiti nationals.
2. Bachelor’s degree in relevant discipline (or equivalent experience).
3. At least 7 years banking sector experience.
4. Experience in financial control and operations.
5. Working knowledge of Limits
6. Knowledge of banking systems
7. Working knowledge of risk/AML tools and methodologies
8. Particular knowledge of processing and transactions in areas such as CCU, Treasury, etc.
- Job Location
- Al Kuwait, Kuwait
- Company Industry
- Recruitment & Employee Placement Agency; Banking
- Company Type
- Recruitment Agency
- Job Role
- Design, Creative, and Arts
- Employment Type
- Full Time Employee
- Monthly Salary Range
- Number of Vacancies
- Residence Location
Company: Career Hunters
Company Location: Al Kuwait, Kuwait
Job Category: Recruitment & Employee Placement Agency; Banking