banking jobs in UAE | RAKBANK careers

  banking jobs in UAE | RAKBANK careers

 RAKBANK announced, through its Linkedin account, a bank job in uae (Assistant Manager - Card Operations) according to the following:

• Manage the end-to-end process of merchant acquisition, including due diligence, contract negotiation, and onboarding.
• Collaborate with sales and business development teams to identify strategic merchant partnerships.
• Ensure compliance with card association rules and regulations for merchant acquiring.
• Streamline and improve the merchant onboarding process for efficiency and accuracy.
• Coordinate with cross-functional teams to facilitate a smooth onboarding experience for merchants.
• Implement and maintain KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures.
• Oversee AFCU processes, including card activation and transaction authorization.
• Continuously monitor and enhance authorization strategies to minimize fraud and maximize cardholder satisfaction.
• Collaborate with fraud prevention teams to mitigate risks associated with AFCU.
• Manage the settlement process, ensuring timely and accurate processing of financial transactions.
• Reconcile settlement accounts and resolve discrepancies promptly.
• Collaborate with finance and treasury departments to optimize cash flow management.
• Develop and maintain an effective chargeback management system.
• Investigate and resolve chargeback disputes in compliance with card association guidelines.
• Implement preventive measures to reduce chargeback occurrences.
• Manage all central operation functions of the department by facilitating work processes to ensure alignment with established policies and procedures in order to achieve high performance standards.
• Bachelor's degree in finance, business, or a related field (Master's degree preferred).
• Minimum 5 years of proven extensive experience in card operations within the banking industry, Lean Six Sigma certification or process improvement experience is a plus.
• Strong knowledge of card association rules and regulations.

Details and apply for this RAKBANK job as follows:

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