• Mashreq Careers | Banknotes Specialist Job, Dubai

    Mashreq Careers | Banknotes Specialist Job, Dubai

    Location: United Arab Emirates

    Job Description

    Mashreq Bank is currently recruiting for the role of Banknotes Specialist

    This role is primarily to execute banknotes deals with Financial institutions. Need to make sure that, trades are executed at best possible rate where by increasing the revenue to bank also meeting customer expectations.

    Duties and Responsibilities

    Your main responsibilities in this role include the following:

    • To maintain close contact and relationship with banknotes customers such that we remain one of their main banks

    • To monitor and manage the demand and supply of FC cash requirements of various clients

    • Manage the FX risk of banknotes positions with the help of TCM

    • Achieve monthly/yearly target of banknotes business

    • Monitor the FC stock at vault and limit the stock within the threshold limit

    • Monitor the movement of shipments and its settlements.

    • Keep a close track on shipments, delivery and transit time

    • Monitor and manage the discrepancies found in the shipments

    • Meeting/exceeding annual revenue targets

    • Facilitate cross-functional teams for process improvement

    • Understand and analyze customer behavior/needs from the market data and competition

    • Working with market intelligence information

    Job Requirements

    • Preferably a post graduate with 7 to 10 years relevant working experience and in-depth knowledge of banknotes business

    • Experience in Trade and/or FX products or banknotes products

    • Informed in market competition, industry practices and regulations for banknotes business

    • Strong analytical, problem solving, networking and financial management skills.

    Job Details

    Company: Mashreq Bank

    Employment Type: Full-time

    Job Location: Dubai, United Arab Emirates