Senior Officer – Corporate Banking and Investments Operations

Job Purpose:

• Contribute to the processing of Corporate Banking and investments transactions including Syndicated loans to ensure a smooth and timely execution based on the relevant operating policies, procedures and processes.
• Support the management of relationships with banks and custodians.
• Contribute, in coordination with the Corporate Banking and Investments Departments, cash management activities by managing cash, call, current and other accounts, including periodic reconciliation.
• Ensure that periodic reports are accurate and of high quality.

Key Accountabilities

Operational & Strategic Planning

• Participate in the development and implementation of actionable objectives, planning processes, budgets and operational KPIs for the sub-unit.
• Contribute to the sub-unit’s on-going transactions and quality of its output and services, identify and initiate proposals/actions for further improvements and innovations.
• Contribute to the Information Technology (e.g., T24) enhancements as they relate to Corporate Banking and investments Operations.
• Ensure that the services of the Corporate Banking and investments Operations meet the expectations of internal and external stakeholders.
• Contribute to innovation and the institutionalization of new initiatives in the Department.
• Succession Planning: Act as a Backup of Corporate Banking and Investments Operations Manager during his absence.
• To handle any other assignments given by the Head of Department.
• Prepare various Corporate Banking and Investments Operations related MIS reports and statistics.

Management of Cash Position

• Contribute to short-term cash management activities including forex requirements.
• Contribute to the formulation of bank account positions/statements on a regular basis and oversee the funds movements.
• Develop future cash movement plans and ensure availability of necessary liquidity required.
• Ensure timely coordination with both Treasury and Capital Markets and Treasury Operations for liquidity requirements and expected repayments.
• Administer all the liquidity deals processed on daily basis.
• Ensure efficient and error free processing of all payments with strict compliance to policies and procedures.
• Execute all transactions and ensure necessary procedures are in place and complied with to minimize operational risks.
• Perform daily Nostro reconciliation for related accounts and follow up on outstanding items.

Disbursement Management

• Execute the processing of all payments ensuring correctness and completeness of documentation for effecting payments accurately and on time.
• Review the financial terms and conditions of financing arrangements (debt and equity) as communicated in the FCN for both bilateral and syndicated loans.
• Ensure the accurateness and completeness of records relating to Corporate Banking and Investments Operations, including authorized signatories for disbursement.
• Ensure collaboration with the various business units and borrowers/equity partners/fund administrators in the resolution of disbursement related issues.
• Participate in complex negotiations with regards to Corporate Banking and Investments Operations and advise the relevant internal and external stakeholders on financial implications of various implementation and repayment scenarios in coordination with Head of Corporate Banking and Investments
• Manage the issuance of account statements as well as contribute to project/equity reconciliation.
• Administer follow up activities on outstanding items and ensure necessary steps are taken in case of delay/failure of any sort.
• Contribute overall systems and procedures for payments through establishing and enhancing the payment channels.
• Contribute to Swift Administration & Coordination activities in coordination with Treasury Operations Department as well as serve as a back-up.
• Contribute the system development & enhancements for Corporate Banking (for both bilateral and syndicated loans) and Investments operations activities.

Policies and Procedures

• Contribute formulation of policies and procedures for APICORP on Corporate Banking and Investments transaction processing, cash flow management and liquidity management.
• Review existing policies and procedures in order to ensure it is up to date and recommend changes to benchmark them with international practices and standards.
• Ensure strict compliance of policies and procedures with Corporate Banking and Investments transactional activities.
• Periodically review the internal control mechanisms and corporate governance guidelines and recommend improvements.

Reporting and Communications

• Oversee generation of reports that relate to Corporate Banking and Investments Operations, including all deal processing and settlement activities.
• Maintain productive and effective working relationship within APICORP and with external banks/partners.
• Provide information to internal and external auditors of the Corporation.
• Ensure daily review of End of Day reports.
• Responsible of appropriate filling and records keeping for the Corporate Banking and Investments Operations.