Vacancy - Head of Financial Institutions Department

Baltic International Bank (Bank) is one of Latvia’s most experienced banks operating in the personalised-banking segment. We offer our clients sustainable investments having a built-in ESG component (ESG refers to considering the environmental, social and governance issues). We also offer a broad range of customised financial services.

Our employees highly appreciate development opportunities provided by Bank and the chance to gain unique experience in a dynamic financial and investment environment. They enjoy our positive, supportive, and success-oriented atmosphere.   

WE ARE LOOKING FOR A HEAD OF FINANCIAL INSTITUTIONS DEPARTMENT

ESSENTIAL JOB FUNCTIONS

• Establish, develop and maintain working relationships with other banks and financial  institutions
• Organize an effective Department: arrange jobs in the Department so that the employees perform their work in the most effective way and achieve the goals and objectives pursued
• Organize the provision of payment services offered to Bank’s clients and customer support
• Ensure development of Bank’s products and processes 

POSITION REQUIREMENTS

Qualifications

• Higher education qualifications (Bachelor's degree or Master’s degree – preferably with a major  in finance or economics)

Professional experience 

• At least 3 (three) years of prior experience in a similar position 
• Experience in communicating with partner banks and other financial institutions

 Specific competencies    

• Understanding of the way in which payment services are organized   
• Understanding of types and features of bank accounts and knowledge of accounting practices
• Knowledge of SWIFT standards (formats) and ability to read and understand SWIFT messages

Knowledge of languages     

• Good command of Latvian, Russian and English   

Skills       

• Accuracy, analytical skills and problem-solving skills (ability to resolve situations independently)  
• Good communication skills   
• Positive attitude at work and towards people    

WHAT WE OFFER

• Motivational system of remuneration
• Monthly salary ranging from EUR 3 500 to EUR 4 000 (gross or pre-tax salary)
• Opportunity to improve your knowledge and professional skills
• Responsive colleagues and dynamic, interesting and responsible work
• Employee motivation program
• Flexible forms of working and a modern workplace environment in the Old Riga

SPECIFIC REQUIREMENTS

The candidates must satisfy the requirements lad down in Article 34.5 of the Credit Institutions Act [Kredītiestāžu likums] of the Republic of Latvia.

HOW TO APPLY 

Please email your CV and motivation letter marked ‘Head of Financial Institutions Department’ to personals@bib.eu.

DATA PROTECTION

By applying for the vacancy, sending your CV and taking part in this selection procedure, you give your explicit consent for processing of your personal data. You may revoke the consent at any time.

Please visit https://bib.eu/uploads/2021/03/KL_285-PDA-pazinojums_kandidati_no-05-03-2021_LV.pdf to read Bank’s document

Baltic International Bank SE: Personal Data Processing Notice to Data Subjects For the Purposes of Processing Personal Data of the Candidates and Trainees.

We will contact the candidates having succeeded in the first round and selected for further consideration (if you do not receive the job interview invitation within two weeks after the closing date of the competition, this means that you have been rejected as the job candidate).

Welcome to Baltic International Bank!

 ALL VACANCIES