Senior Associate – FTC Factoring Ops

This is a fully remote position, open to applicants in Pakistan.

📋 Description

• Ensure timely disbursement, settlement, amendments, reconciliation, testing, and monitoring for Supply Chain, Factoring, and related loan portfolios without errors.

• Adhere to established Product Programs, Process Notes, SOPs, OPM, CPM, and ADMs.

• Evaluate Credit Proposals and Agreements when approving disbursements against client drawdown requests.

• Collect fees, charges, VAT, interest, profit, penalties, and charity on outstanding Supply Chain and Factoring exposures.

• Implement accounting standards and APPM for precise income and charge accruals.

• Execute SWIFT and UAEFTS payments in accordance with applicable standards.

• Conduct operating-system UATs and promptly report any observations and defects.

• Monitor post-disbursement credit terms and immediately report any breaches.

• Collaborate with stakeholders on exceptions and clarifications until resolution is achieved.

• Perform and review daily reconciliations, publish reconciliation status, and highlight any issues.

• Reconcile banking accounts across multiple systems.

• Establish controlled mechanisms to ensure timely and error-free processing.

• Escalate any delayed or unanswered action items to the Manager.

• Communicate errors and knowledge gaps with the line manager and team to resolve customer service issues.

• Conduct Compliance and EDD screening of trade documents and requests.

• Track referrals and outstanding tasks until completion.

• Prevent revenue leakage from missed charge collections.

• Ensure no outstanding reconciliation entries remain in Nostro/Vostro or internal accounts.

• Define requirements and follow up regarding new system UATs.

⛳️ Requirements

• Bachelor's Degree.

• 4 - 7 years of relevant work experience in Supply Chain Factoring, Corporate Credit & Trade Finance Operations.

• Experience managing multiple system UATs, preparing BRDs, and meeting deadlines.

• Experience/Knowledge in using various systems such as CBS/Flex, ELCM, SWIFT, UAEFTS, EDMS, LLOYDs, FIRCO, and SCF/IMX/Kastle.

• Ability to quickly learn new banking systems and identify any gaps.

• Experience handling complex reconciliations between banking systems to ensure connectivity without failures.

• Strong understanding of trade documents and the trade cycle.

• Good experience in reviewing credit proposals and agreements.

• Experience performing EDD & Compliance screening on submitted requests and trade documents.

🏝️ Benefits

• Full-time employment.

• Remote work.