Job in Accounting/Finance, Networking, Marketing and Accounting & Finance

• Align with Bancassurance VCGM to develop and implement a country wide insurance product strategy for profitable growth covering all insurance products and services that the Bank wish to pursue. Entails the integration of insurance products and services across all product lines, segments and platforms in country.
• Spearhead Product Distribution Strategy focusing on Life Insurance Products across segments and value streams
• Develop a productive and quality insurance sales advisory team across all segments (where applicable).
• Be the Centre of Expertise. Provide direction, guidance and input to country insurance product managers on the development of long term strategy, marketing and operational effectiveness in order to sustain the insurance growth opportunities within the country.
• Support and Drive Business Performance, from channel/distribution sales performance, to cost management, customer base growth and market share
• Drive Product Management and Delivery – Ensure Bancassurance product delivery and execution of the product’s route to market across all channels, in line with the overall business plan and revenue targets.
• Ensure compliance with regulations, both internal and external.

Responsibility 1: New Business Production and sales

• Growing already existing accounts in Bancassurance and establishing new tie-ups
• Preparing quotations and proposals, negotiating terms and closing sales
• Explore opportunities to develop new markets/ segments
• Build a good customer base in order to explore opportunities to cross-sell & up-sell
• Preparing relevant periodic production reports

Responsibility 2: Bancassurance Relationship Management

• Ensuring existing bancassurance clients are offered superior services
• Building long term relationship with the bank staff by ensuring all their queries are addressed promptly and relevant technical guidance is provided
• Know all the relevant bank branch managers, relationship managers & employees of such branches on a personal level
• Accept & follow up on request & complaints received from clients and ensuring claim requests are serviced

Responsibility 3: Training of Bank Personnel

• Coordinating and organizing training for bank staff on products, processes and business conversion
• Advising bank personnel on adequacy of cover requested in relation to available products

 Responsibility 4: Product Development and Research

• Providing market research/customer feedback to the Company for development of new products and enhancement of existing ones to suite the bank segment needs.
• Any other business allocated from time to time

• At least 10 years’ experience in Bancassurance relationships and business
• Result Orientation- performance oriented.
• Interpersonal Skills- excellent interpersonal skills and should be approachable.
• Ability to work in high pressure environment and ability to Multitask
• Industry Knowledge – well versed with product knowledge and industry trends.
• Bachelor’s degree in Business, Economics, Commerce, Marketing, Insurance or equivalent from recognized university
• Professional certification in Insurance, sales, marketing or any other relevant field
• IT proficient (especially Ms Word, Excel, PowerPoint and Outlook).

• Align with Bancassurance VCGM to develop and implement a country wide insurance product strategy for profitable growth covering all insurance products and services that the Bank wish to pursue. Entails the integration of insurance products and services across all product lines, segments and platforms in country.
• Spearhead Product Distribution Strategy focusing on Life Insurance Products across segments and value streams
• Develop a productive and quality insurance sales advisory team across all segments (where applicable).
• Be the Centre of Expertise. Provide direction, guidance and input to country insurance product managers on the development of long term strategy, marketing and operational effectiveness in order to sustain the insurance growth opportunities within the country.
• Support and Drive Business Performance, from channel/distribution sales performance, to cost management, customer base growth and market share
• Drive Product Management and Delivery – Ensure Bancassurance product delivery and execution of the product’s route to market across all channels, in line with the overall business plan and revenue targets.
• Ensure compliance with regulations, both internal and external.

Responsibility 1: New Business Production and sales

• Growing already existing accounts in Bancassurance and establishing new tie-ups
• Preparing quotations and proposals, negotiating terms and closing sales
• Explore opportunities to develop new markets/ segments
• Build a good customer base in order to explore opportunities to cross-sell & up-sell
• Preparing relevant periodic production reports

Responsibility 2: Bancassurance Relationship Management

• Ensuring existing bancassurance clients are offered superior services
• Building long term relationship with the bank staff by ensuring all their queries are addressed promptly and relevant technical guidance is provided
• Know all the relevant bank branch managers, relationship managers & employees of such branches on a personal level
• Accept & follow up on request & complaints received from clients and ensuring claim requests are serviced

Responsibility 3: Training of Bank Personnel

• Coordinating and organizing training for bank staff on products, processes and business conversion
• Advising bank personnel on adequacy of cover requested in relation to available products

 Responsibility 4: Product Development and Research

• Providing market research/customer feedback to the Company for development of new products and enhancement of existing ones to suite the bank segment needs.
• Any other business allocated from time to time

• At least 10 years’ experience in Bancassurance relationships and business
• Result Orientation- performance oriented.
• Interpersonal Skills- excellent interpersonal skills and should be approachable.
• Ability to work in high pressure environment and ability to Multitask
• Industry Knowledge – well versed with product knowledge and industry trends.
• Bachelor’s degree in Business, Economics, Commerce, Marketing, Insurance or equivalent from recognized university
• Professional certification in Insurance, sales, marketing or any other relevant field
• IT proficient (especially Ms Word, Excel, PowerPoint and Outlook).

• Ensuring all WB customer payments within Myanmar are processed within the agreed SLAs with the respective VCs.  (Payments will include Supplier Payments to accounts within the Bank (LCY and FCY) and payroll transactions to customers that have underlying agreements.
• Collation of relevant management information to help provide Domestic Payment dashboards.
• Compiling summaries of earnings, taxes, deductions, leave, disability, and non-taxable wages and reporting on this
• Determining Domestic payments liabilities by calculating employee federal and state income, social security taxes, employer's social security, unemployment, and workers compensation payments
• Attending to any operational issues that may be brought to the incumbents notice and ensuring timely resolution.
• Ensuring underlying policies of the Bank related to Domestic Payments (NPP) are strictly adhered to. Any deviation must be escalated to the line manager.
• Holding weekly staff meetings and circulating meeting minutes with action points arising out of the discussions within the Department and to head WBO.
• Timely submission of Employee OT whenever applicable.
• Automate all manual processes with recommendations for IT to address.
• Prepare Departmental Budget and monitor expenditure vs Budget.
• Work on centralisation plans as advised by Line manager to be in line with the Bank’s overall strategy.

• Bachelor’s degree in Accounting, Human Resources, or a similar field.
• Banking experience  at least 4 years
• Previous experience in handling domestic payments on Flexcube or any other Core Banking System that uses File uploads etc.
• Advanced Mathematical skills and strong attention to detail.
• Familiarity with accounting software and procedures.
• Ability to handle confidential information.
• Resilience to handle pressure situations.
• Familiarity with state labor laws.
• Excellent communication and interpersonal skills.
• Ability to prepare and present financial reports.

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DUTIES AND RESPONSIBILITIES

1. Credit Risk Management

• Regularly monitor and evaluate the trends of delinquency and/or NPL and keep management updated on any deteriorations lead to significant loss.
• Regularly follow up the process of managing clients in arrears and problem resolving of all branches and provide them with appropriate supportive ideas.

2.Credit Performance Management

• Take part in staff capacity development of all credit personnel concerning with delinquency loan management and solving defaults.
• Ensure that the appropriate actions are taken towards the objectives to fully recover the overdue amounts.
• Travel to branches to investigate the efficiency of delinquency and/or bad debt accounts management for further supports or recommending any possible solution to management.
• Constantly improve skills and knowledge to cope with the company’s expansion.

3.Reporting and Others

• Prepare regular reports on status of collections and home/business visits to the responsible overdue loan clients to related line supervisors on monthly, quarterly, and yearly basis.
• Be willing and ready to contribute and assist where needed.

• At least two-year experience in related field.
• Being able to communicate well in formal English (writing, speaking, and listening)
• At least Bachelor’s degree in accounting, finance, banking, or business administration
• Have a good Communication skill, result-oriented, negotiation skill with all levels in various situations and strong problem-solving skills.
• Computer Literacy- MS Office, MS outlook and MS Excel.
• Be Honest, Flexible, Hardworking and able to work under pressure and willing to travel

Under general direction of Section Head of Regulatory Compliance, Head of Legal and Compliance, the Compliance Officer (Regulatory Reporting) will focus on the reporting responsibilities between the bank and regulators and other institutions to ensure that all the key personnel are properly briefed and that communication with regulators and official bodies is conducted in an effective and timely manner.

• Disseminate regulatory and official correspondences throughout the Bank in dual language (Myanmar and English).
•  Assist in ensuring that all official correspondences are tracked and responded to in a timely manner.
• Assist in drafting correspondences with regulators on behalf of the bank.
•  Help in the identifications the gaps related with communication between regulator and the Bank Track/Follow-up on outstanding compliance regulations disseminated by regulatory authorities.
• Prepare Monthly Report to summit to senior management and/or the BOD.
• Support Bank colleagues in the preparation of submission packs for the regulators

• Manage department policy and procedure documents, controls and assessments.
• Coordinate and enhance communication with the regulators to reduce the possibility
• of regulatory misunderstanding or inconsistent messaging
• Manage the regulatory directives, laws and regulations, policies recording in the database.

• Bachelor’s Degree. 
• Excellent verbal and written communication skills in English and Myanmar.
• Must be proficient enough to translate documents.
• Proficiency in Microsoft Office, including WORD, Excel, Powerpoint and etc.
• Strong attention to detail, with a real passion for and understanding the nature of banking products and the ability to quickly learn about new technologies.
• Extremely proactive, self-starter mentality with strong organizational skills.
• Minimum 2 years of professional experience (preferable)