BSF تعلن عن وظيفة مدير أول لخدمات التجارة في الرياض

About BSF:

Banque Saudi Fransi (BSF) is a leading financial institution built on a bold vision, to merge Saudi leadership with international standards, from day one, we have gone beyond conventional banking empowering ambition, enabling growth, and shaping lasting legacies.

Apply and Be part of a dynamic team that empowers progress for individuals, businesses, and society.

BSF Values:

• We are BSF - Always putting the needs of our people, customers, shareholders and society ahead of our own personal agenda. We are a community that we defend and protect, always.
• True to ourselves, always - We are honest with one another, even at the risk of temporary disharmony. It is never personal.
• Us before me - We put ideas before ego and leverage the expertise of others.
• Keep it simple - We strive to make everything we do as simple as possible. We set our people up for success and then get out of their way. We only need to be asked one. We own it.
• Winning is fun - We seek to be number one in the hearts and minds of our people, customers and shareholders. We have limitless ambition and the drive to win.
• Think big, act quick - We think long-term in our decisions, but we make them quickly and have a bias towards action

Location: Riyadh, Saudi Arabia

Your Role will focus on:

The overall management and general direction of the bank’s Trade Finance Business. Sets direction, policies, and guidelines for Trade Finance Services and activities. Responsible for accomplishment of plans and objectives for the business.

Your Key Responsibilities:

• Translates the bank’s overall strategic objectives into a clear Trade Finance strategy, ensuring goals, initiatives and resource allocation are aligned with business priorities, and drives execution through measurable action plans across regional teams
• Manages regional Trade Finance areas they make the best use of the resources available in order to deliver excellent service standards with a view to maintaining existing customer base and to attract new clients
• Oversees the full suite of Trade Finance products including Letters of Credit (import/export), Documentary Collections, Bank Guarantees/Standby LCs, and Trade Loans, ensuring product offerings remain competitive and aligned with market practice
• Leads the development and management of Supply Chain Financing solutions as a distinct growth area, ensuring appropriate risk assessment, program structuring, and alignment with obligor and counterparty limits
• Establishes a smart control on operational functions to ensure smooth process workflow by improving efficiency and quality of work to minimize the risk and to ensure high quality and efficiency for running operational functions smoothly
• Drives re-engineering, digitization and automation of Trade Finance platforms and workflows, evaluating and adopting fintech/trade digitization solutions to improve efficiency and competitiveness
• Coordinates with Business lines and regional Trade Finance managers, team members with a view to increase business volumes, cross selling and profitability
• Focuses to meet the requirements of the business lines by implementing proper plans, appropriate reporting tools, implements automation wherever possible to achieve efficiency and to mitigate the risk
• Conducts customers’ visits with regional Trade Finance managers, business lines managers and financial institution managers in order to evaluate service standards and correspondent banking relationship, when requested and upon business need.
• Coordinates with Management and other stakeholders, arranges to prepare Operational plans and the budget for the department, discusses with regional managers and implements budgetary controls and follows up in order to achieve budgeted targets
• Establishes and/or maintains a clear delegation of authority (DOA) framework for approval limits within Trade Finance, ensuring decisions are made at the appropriate level with proper accountability
• Represents Trade Finance at relevant management and governance committees, providing input on trade-related exposures and decisions where applicable
• Advises and participates with regional Trade Finance managers to evaluate clients training requirements and arrange seminars in order to develop goodwill
• Overviews the staff training and development requirements based on their manager’s recommendations in the KPIs. Proposes specified development programs in specialized areas as well as overseeing the continues in-house staff enrichment through weekly meetings and small in-house coaching groups
• Leads the process of effective Trade Finance manpower planning including recruiting, adopting and implementing relevant HR best practices and ensuring a high level of employee engagement and motivated work environment.
• Advises and follows up with the team and ensures monthly, quarterly and yearly MIS reports prepared and submitted to Management, Financial Control, External Auditors and for onward transmission to SAMA, wherever applicable
• Advises and follows up with the Trade Finance regional managers to ensure Trade Finance Services are carried out in compliance with Trade Finance policies and procedures
• Keeps abreast of local (SAMA) and international rules practices, market trends in the Banking field to ensure BSF is well aware of new regulations
• Coordinates with External and Internal Auditors for providing the relevant documents and take necessary steps to close audit recommendations
• Proactively monitors, documents and reassesses existing and emerging risks across Trade Finance operations on an ongoing basis, ensuring mitigation plans remain current, owners are accountable, and risk exposure is regularly reported to relevant stakeholders
• Document, plan and follow closely on all identified risks within Trade Finance Services with internal and external target dates by owners
• Immediate reporting of incidents and issues to top management and Operational Risk Teams, as well introducing sound corrective actions and control in mitigating reoccurrences and risks
• Ensures Business Continuity and Disaster Recovery plans are in place, tested, and maintained for Trade Finance operations to safeguard against service disruption
• Empower and follow a culture of transparency and escalation to relevant business lines, management, control function, when and where applicable
• Provides consultation on ICC rules to teams, business lines, and others in a way to protect the bank assets and assure compliance with international and local standards.

Qualifications & Experience:

• University graduate in (Business, Financial Services, Accounting or Economics)
• Numerical discipline plus minimum of 15 years of banking experience in Trade Finance Operations
• Minimum 6 years of management experience in banking environment
• In-depth knowledge on ICC guidelines pertaining to Trade Finance such as UCP 600, ISBP 681, ISP 98, URC 522, URDG 758, ICC opinions and to an extent outcome of real case studies relevant to this field.

Knowledge & Skills:

• Analytical Thinking and Problem Solving
• Business Perspectives (Banking Products)
• Budgeting & Actual Expenses Monitoring
• Business Analysis (Automation, Process Improvement, Reengineering)
• Business Ethics (AML, CTF, KYC)
• Communication, Presentation and Facilitation (Written and Spoken)
• Computer Literacy and MS Office Applications
• Creativity and Innovation
• English Language
• Negotiation & Persuasion skills
• Risk and Internal Control Management
• Strategic Perspective and Management
• Critical Judgment and Decision Making
• Change Management
• Structured Products
• Fraud Detection and Prevention Techniques
• Competency Based Training/Development Analysis
• In-depth knowledge in Trade Finance operations
• Sound ICC related technical knowledge
• Detailed knowledge on Trade Finance related Policy and Procedure

Are you ready to shape your future with confidence? Apply today