Umar Abdullaev

Oct 2013 to Present · 11 yrs 1 mo

As a team manager my duties included supervision, leading, and mentoring operations staff across the various domains (trade finance, treasury, payments, cards), ensuring they meet performance standards.

In Trade Finance Operations, manage all trade finance activities, including letters of credit, trade loans, and import/export financing.

Process Optimization: Continuously improve trade finance workflows to ensure efficient processing and reduce turnaround times.

Liaison with Stakeholders: Work closely with relationship managers, legal teams, and external partners (such as correspondent banks) to facilitate seamless trade finance transactions.

Customer Service: Resolve complex trade finance customer inquiries and provide expert guidance on trade-related matters.

Compliance and Reporting: Ensure that all trade finance operations adhere to local and international regulatory requirements, including AML and KYC standards.

In Treasury Operations, oversee the daily cash management functions, including liquidity forecasting, cash positioning, and optimizing working capital.

Manage short-term funding needs and coordinate with external financial institutions for liquidity support.

Supervise FX activities, including risk hedging strategies and reporting of currency exposure.
Ensure that funds are invested in short-term, low-risk financial instruments to optimize returns.

In Payments Operations, oversee the efficient processing of payments across various platforms (domestic, international, retail, and corporate).

Ensure the smooth functioning and integration of payment systems (SWIFT) and troubleshoot operational issues.

Handle escalated payment-related customer queries and complaints, ensuring timely resolution.

In Card Operations, oversee the operational activities related to card issuance, including debit, credit, and prepaid cards, ensuring timely delivery and functionality.

Processing Loan Applications: Reviewing, verifying, and processing loan applications to ensure all necessary documentation is complete and accurate.

Credit Documentation: Preparing and managing loan agreements, collateral documentation, and other legal documents required for credit facilities.

Risk Assessment and Credit Review: Ensuring that credit policies are followed, assessing the risks associated with loan approvals, and performing due diligence on borrowers.

Loan Disbursement: Coordinating the disbursement of loan funds to approved borrowers, ensuring compliance with internal policies and regulatory requirements.

Monitoring and Compliance: Continuously monitoring active loans to ensure compliance with terms and conditions, and ensuring that regulatory and internal compliance requirements are met.

Account Maintenance: Maintaining credit files, tracking outstanding loans, and updating records related to loan repayments, interest rates, and other relevant loan terms.

Handling Loan Repayments: Ensuring timely collection of loan payments, monitoring overdue accounts, and managing loan arrears.

Collateral Management: Overseeing the valuation and documentation of collateral to ensure proper security for loans.

Reporting and Documentation: Generating reports on credit risk, loan portfolio performance, and credit exposures for management and regulatory bodies.

Communication with Clients: Acting as the point of contact for borrowers regarding loan queries, documentation requirements, and updates on credit terms.

Operational Support for Credit Decisions: Collaborating with credit analysts, relationship managers, and other departments to ensure smooth execution of credit decisions and processes.

System and Data Management: Utilizing bank systems to input, update, and maintain data related to credit facilities and ensuring accuracy in the bank’s credit records.

Apr 2010 to Oct 2013 · 3 yrs 7 mo

In client sourcing, actively seek out new business opportunities and identify potential clients for loan products (businesses).

Develop strong relationships with existing and prospective clients to foster trust and facilitate the loan origination process.

Meet with clients to assess their financial needs, providing expert advice on available loan products and structuring the loan to meet their requirements.

Evaluate incoming loan applications to ensure completeness, accuracy, and alignment with lending policies.

Analyze applicants' credit histories, financial statements, business plans (for business loans), and other relevant documents to assess the risk of lending.

Assess the loan amount, interest rate, repayment period, and other terms based on the client’s financial situation and the risk profile.

Analyze potential risks involved with the loan, including market conditions, industry trends, and the borrower’s creditworthiness.

Prepare detailed credit reports and summaries for review by senior management or the credit committee.

Present findings and recommendations to the credit committee or higher management, and address any questions or concerns raised during the review process.

Work with legal teams to prepare accurate and comprehensive loan agreements, ensuring all terms and conditions are clearly outlined and comply with legal and regulatory requirements.

Discuss loan terms and conditions with borrowers and negotiate agreements that are mutually beneficial for both the borrower and the financial institution.

Collaborate with the legal department to ensure that all necessary legal documentation is in place for loan disbursement and that the terms are enforceable.

Track the progress of loans post-disbursement, including loan performance, payment schedules, and compliance with terms.

Ensure timely repayments by monitoring borrower accounts and contacting clients regarding overdue payments.