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Key Responsibilities

  • Maintain and strengthen correspondent banking relationships with both
    local and international banks.
  • Establish, manage, and deepen relationships with bank and non-bank
    financial institutions across the region to generate FI-related business
    opportunities.
  • Identify and prioritize key banking partners by region and country to
    expand and strengthen the Bank’s correspondent banking network.
  • Manage and maintain the Bank’s correspondent banking and Nostro account
    network, including the opening and maintenance of accounts in major
    currencies such as USD, EUR, SGD, CNY, THB and others.
  • Perform KYC reviews, due diligence, and periodic assessments for all
    financial institution counterparties in accordance with regulatory and
    internal requirements.
  • Develop and execute a calling program for foreign bank branches and
    representative offices in Myanmar to identify and pursue new business
    opportunities.
  • Secure credit facilities and limits for trade finance, treasury products, and
    medium-term funding from correspondent banks, development finance
    institutions, and multilateral agencies.
  • Identify and pursue trade finance, payment, and treasury business
    opportunities with regional, APEC, and global banking partners.
  • Lead and oversee the Financial Institutions team, ensuring effective
    communication and collaboration with internal and external stakeholders.
  • Maintain strong working relationships with Credit, Legal, Compliance,
    Operations, Treasury, and other relevant departments to facilitate business
    growth and risk management.
  • Ensure awareness of, and compliance with, all applicable regulatory
    requirements, industry standards, and internal policies relevant to the
    Financial Institutions function.
  • Monitor developments in the banking industry and correspondent banking
    landscape to identify strategic opportunities and potential risks.
  • Manage and regularly review the Bank’s correspondent bank list and
    relationship portfolio to ensure alignment with the Bank’s strategic
    objectives.

Job Requirements

  • Bachelor’s degree in Banking, Finance, or a related field.
  • Minimum 5 years of experience in the banking sector.
  • Strong knowledge of Central Bank of Myanmar (CBM) laws and regulations.
  • Excellent verbal and written communication skills.
  • Highly organized with strong attention to detail.
  • Proficient in Microsoft Office applications and other relevant banking
    software.

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