The Bank is inviting application for the following position:

Title of Position Head of Remittance
Division : International Division
Job Grade : VP
Position Location : Head Office
Contract type : Permanent
Number of Vacancy : 01
Closing Date : 16.12.2023

Job Requirements:

  • Graduation/Post Graduation in any discipline from UGC approved universities with no 3rd division in any discipline.
  • Minimum 15 years experience in remittance and treasury settlement operations, with at least 5 years experience at Head of Remittance.
  • Strong service quality, control and process improvement skills
  • Excellent leadership quality on process, people and service excellence
  • Knowledge in treasury and derivatives products is essential.
  • Good interpersonal and communication skills are required and able to work under pressure.

Job Description:

  • Identify potential exchange houses or Money Transfer Organizations (MTO) for partnership and tie up, evaluate tie up & partnership opportunities.
  • Develop tie up and partnership strategy aligned with the organization's objectives.
  • Negotiate partnership agreements, contracts, and terms of partnership and tie ups to ensure mutual benefits.
  • Discussing financial terms, revenue sharing models, intellectual property rights, and other relevant aspects.
  • Initiate and maintain relationships with key stakeholders, including potential partners and MTOs, industry associations, government agencies and Central Bank etc. 
  • Oversee the implementation and ongoing management of partnerships and tie up with MTOs.
  • Collaborate with various internal teams such as ICT, Treasury, Marketing, Branding, and Legal etc to align partnership and tie up activities with overall business strategies.
  • Prepare related office notes and place it to Top Management for approval before any partnership and tie ups.
  • Coordinate joint marketing initiatives, product integrations, co-branding opportunities, and other collaborative efforts to increase remittance in flow/inward remittance.
  • Continuously identify new partnership opportunities that align with the organization's growth objectives.
  • Stay updated on industry trends, market dynamics, and emerging technologies to identify potential areas of collaboration or expansion.
  • Prepare regular reports and presentations to update senior management on partnership and tip up activities, achievements, challenges, and future plans.
  • Provide insights and recommendations to Top Management based on Bank's performance analysis and market intelligence.
  • Maintain AML & CFT Policies for all remittance transaction.
  • Strong knowledge of all aspects of focal and overseas remittance, treasury operations and practices.

Additional terms and conditions:

  • As per HR policy of the bank.

Read Before Apply

*Photograph must be enclosed with the resume

Application Deadline: 16 December, 2023