IDB2789 - Associate Disbursements and Dues (ICD)

Disbursements: 

• Track and maintain control over upcoming projects/treasury disbursements and initiate their payment request.
• Generate and obtain approval for the Treasury Deals (derivatives, placements, financing) exchanged forms in accordance to the signed agreements.
• Follow up with Treasury counterparts on the existing and new deals.
• Maintain and organize record in hard/soft files for every payment executed and schedules exchanged.

Repayments/Collections:

• Regular monitoring of ICD’s bank accounts and capture the collected amounts in the system.
• Generate and obtain approval for the Treasury Deals (derivatives, placements, financing.) exchanged forms in accordance to the agreements.
• Generate repayment schedule for each disbursement and for any subsequent rescheduling agreement.
• Generate repayment invoices.
• Send reminders to clients for repayment.
• Maintain and organize record in hard/soft files for every receipt and schedules exchange.
• Report on cash collection and overdues related to the portfolio. 

System:

• Prepare/Verify SWIFT messages.
• Analyse SWIFT messages and Distribute SWIFT messages to related Departments.
• Daily reconciliation on SWIFT messages and reports.
• Resolve counterparties complaints and inquiries on timely manner.
• Follow up on outstanding transactions.
• Generate Payment Instructions and Receiving Instructions in the system.
• Generate the repayment schedule for each disbursement.
• Generate settlements in the system for the receipts and payments.
• Update the system with the applicable floating rate and approved rescheduling for required deals.
• Coordinate with IT department to solve system issues and generate reports

Reports:

• Generate Overdue, disbursement, collection and approval reports.
• Generate other reports.

• At least 1 year(s) of experience in banking environment / financial institutions preferably in Back Office Treasury and SWIFT Operations is a must.
•  Bachelor’s degree in Finance and Banking or similar discipline is a must.
• A professional certificate in Certified Treasury Professional (CTP), Management Accounting (CMA), Certified Public Accountant (CPA) or any additional relevant professional certifications is a must.
• Strong knowledge and experience of SWIFT operations.
• Good Understanding of operational risk in Banking sector, KYC and corresponding banking.
• Ability to demonstrate high responsibility and Integrity.

• Capable of communicating in two of the working languages (Arabic, English and French) of which English is a must and Arabic is an added advantage.