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Job Title: Settlement Operations Executive
Job Description:
We are seeking a UAE National to join our team as a Settlement Operations Executive, playing a vital role in supporting the back-office operations of our corporate banking services. This position is ideal for a detail-oriented, disciplined professional who is eager to grow within a dynamic financial environment and contribute to the efficiency and accuracy of settlement and trade finance processes.
Key Responsibilities:
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Manage full-cycle processes for corporate account services including account openings, closures, deposits, and withdrawals.
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Process and document import letters of credit, ensuring accurate data entry and compliance.
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Oversee export letters of credit – document verification, client notifications, and collection handling.
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Administer financial guarantees, manage associated fees, and ensure proper recordkeeping.
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Handle import and export documentary collections from initiation to settlement.
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Process syndicated and bilateral loan activities including disbursements, repayments, and fee tracking.
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Support trade finance operations by maintaining accurate documentation and ensuring procedural compliance.
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Execute inward and outward remittances; address customer inquiries in a timely manner.
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Operate the corporate internet banking platform, including user setup, service updates, and remittance processing.
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Conduct Dirham clearing activities, including FTS, IPI remittances, and cheque clearances.
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Act as a backup for other back-office functions to ensure smooth business operations.
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Perform additional tasks as assigned by supervisors.
Candidate Requirements:
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Must be a UAE National with a valid Emirates ID and family book.
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Bachelor’s degree or higher diploma in a relevant field.
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Proficient in Microsoft Office (Excel, Word, PowerPoint).
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Excellent English communication skills – verbal and written.
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Highly reliable, punctual, and disciplined with a strong compliance mindset.
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Adaptable, eager to learn, and capable of working in a fast-paced team environment.
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Strong analytical thinking and interpersonal skills.
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Maintains a clean professional record with adherence to ethical and regulatory standards.
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Meets internal performance expectations and upholds organizational values.
Additional Details:
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Employment Type: Full-time
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Location: The Greens, Dubai, UAE
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Training Requirement: Mandatory completion of the EIF learning program as required by the Central Bank of the UAE.
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Application Integrity: All submitted information must be accurate and verifiable. Misrepresentation will lead to disqualification.
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Required Documents: Updated CV with a recent photo, valid contact number, highest academic certificate (attested if non-UAE issued), and any relevant qualifications.
