Operations Department - Officer

Operations Department - Officer

IIG Bank (Malta) Ltd, established in 2010, is a licensed banking institution regulated by the Malta Financial Services Authority. The Bank’s principal activity is commodity trade finance with a focus on emerging markets and its aim is to play a role in sustainable trade finance as providers of specific expertise, market knowledge and robust compliance within a transparent supply chain.

Job title & role description:

The Bank is currently looking to recruit an Officer, a clerical role on a full-time basis (Monday to Friday – 08:00 to 17:00 hrs), with an indefinite contract at employment at the Bank’s main office – Operations Department, situated at Level 20, Portomaso Business Tower, St. Julians.

The role within the Operations Department will support the Bank’s Trade Services Operations function, handling day-to-day processing of payments and trade finance transactions, including documentary letters of credit, documentary collections and guarantees. The Officer will ensure accurate execution and timely follow-up of transactions, liaising with clients and correspondent banks where required, and performing all activities in line with internal policies and procedures, applicable regulations and international rules and standard market practice.

Main responsibilities:

• Processing of incoming and outgoing payments in accordance with the established procedure;
• Liaising with correspondent banks and clients on any issues related to payments;
• Assist on all work related to documentary collections, letters of credit and bank guarantees and ensuring it is performed in accordance with established policies and procedures;
• Follow internal and external publications regarding developments related to trade finance business.
• Carry out due diligence and screening checks in line with internal procedures.
• Maintain accurate and well-organised files and records of transaction documentation.
• Prepare reports and management information as required.
• Assist with the implementation of projects and operational initiatives.
• Coordinate with internal departments and external counterparties on routine operational matters.
• Contribute to the maintenance and improvement of operational processes and controls.
•  Perform other duties reasonably assigned by management that are appropriate to the role and level of responsibility.
• Keep up to date with, and adhere to, the latest AML/CFT policies and procedures.

Skills & qualifications required:

• Diploma in Banking and Finance or a relevant qualification (MQF Level 4) is considered an asset;
• Previous banking experience or experience in a similar role will also be considered an asset;
• Analytical with attention to detail;
• The capability of working effectively in a team environment with minimal supervision;
• Good problem-solving skills;
• Good communication skills;
• Excellent verbal and written communication skills in English;
• Strong Time Management and ability to meet deadlines;
• Able to work in a fast-paced environment;
• Positive attitude vis-à-vis the work, challenges and non-routine tasks.
• Experience using software packages such as MS Office.

The above qualifications are meant to serve as a guideline and do not exclude applicants who come from other academic backgrounds and/or experiences but show potential to fill the role.

Package:

• Salary ranging between €22K to €24K, depending qualifications and experience;
• Health and Dental insurance cover;
• Performance-based discretionary bonus;
• Home Loan interest rate subsidy;
• Annual contribution towards a private pension scheme;
• Telephony expenses rebate.

IIG Bank (Malta) Ltd is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. All employment is decided on the basis of qualifications, merit, and business need, without regard to race, colour, religion, sex, sexual orientation, gender identity, age, disability, marital status, or any other status protected by Maltese law.

All applications will be handled with strict confidentiality and are subject to our Candidates Privacy Notice, a copy of which may be accessed through this link.

We thank all applicants for expressing interest, but please note that only shortlisted candidates will be