Department | Reports to |
---|---|
DEPARTMENT: Commercial Branch Banking Group | Branch Manager |
Provides assistance and implements sales strategies for managing Forex business of the branch and achieving New-to-bank growth targets (increasing volume of Forex Business ) while observing strict compliance of Bank Policies, SBP policies / circulars / KYC / AML policies & procedures.
No. |
Accountability |
%Time |
---|---|---|
1 |
Selling of Forex products to clients to achieve Forex sales targets which will result in attracting new clients and retaining old one. |
30 |
2 |
Analysis of business, credit, security & financials of borrowers at branch level to ensure all the requirement as set by SBP guidelines are complete and to send the cases for further elevation to higher offices for Forex Business Credit Limits. |
15 |
3 |
Evaluation of foreign exchange requirements of the client to check for potentials and risks involved, and subsequent followup with the customer to minimize risk factor which helps to save time as only the potential clients are focused to purse for the business. |
15 |
4 |
Handling / Completing all sorts of formalities for processing & opening of letter of credit with Trade to ensure no objections made from TSC, and business is done within the stipulated time. |
20 |
5 |
Timely preparation & submission of all required Forex statements as required by the Head Office and SBP to mitigate against Non -Compliance monetary penalties from SBP. |
10 |
6 |
Balancing of all related GL heads & books and ensure accuracy. |
10 |
Financial |
Volume of Forex Business: Rs.2.500 Billions ( minimum) |
---|---|
People |
No. of Customers: 25 (minimum) |
Other |
Knowledge and Skills |
|
---|---|
Experience Profile |
|
Behavioural Competencies |
|
Who |
For what purpose |
---|---|
Credit Department of Branch | For processing/approval of credit proposals for forex business. |
Trade Services Centre | Processing of Forex transactions |
(Treasury & Forex Group) | For fixing the foreign exchange rates |
Who |
For what purpose |
---|---|
Customers | Business Development & Promotion of Forex business |
Regulatory Authorities & Central Bank | Regulatory Control and submission of forex returns |
“Females and Persons with disabilities having required skill set are encouraged to apply . MCB bank Ltd is an equal opportunity employer and is committed to create an inclusive environment for all employees.”
To apply for this position, please email us your updated CV at [email protected]. Kindly mention the full job title in the subject line of your email.
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