Trade Governance Professional

5 days ago


Karachi, Sindh, Pakistan Faysal Bank Limited Full time
Job Overview:

Faysal Bank Limited seeks a highly skilled and experienced professional to fill the role of Trade Governance Professional. The ideal candidate will be responsible for executing a wide range of operational tasks and activities related to Trade Finance.

Main Responsibilities:
  1. Invoice Pricing Review

The successful candidate will perform review and verification of invoice pricing for various goods and commodities to mitigate over/under invoicing risks. This includes thorough analysis of market prices, terms, and conditions to ensure compliance with Trade Finance policies.

Transaction Monitoring

Key responsibilities include system-based monitoring and flagging of suspicious transactions related to Trade Based Money Laundering (TBML). The Trade Governance Professional will work closely with internal teams to investigate and resolve any potential issues.

Trade Finance Document Verification

A critical aspect of the role is ensuring the authenticity of Trade Finance documents. This involves thorough review and verification of documents such as Letters of Credit, Proforma Invoices, Bill of Lading, Certificate of Origin, etc.

Customer Due Diligence

Effective customer due diligence is crucial in this role. The Trade Governance Professional will be responsible for accurate identification and verification of customers and beneficial owners, ensuring compliance with regulatory requirements.

Enhanced Due Diligence

In cases of high-risk customers and transactions, the Trade Governance Professional will conduct enhanced due diligence, including site visits (if required), third-party verifications, and detailed analysis of customer profiles.

Legitimacy Assessment

The successful candidate will assess the legitimacy of trade transactions based on customer profiles, trade patterns, and market prices of relevant goods/commodities. This ensures that Faysal Bank Limited minimizes potential risks associated with Trade Finance operations.



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