Chernet Ayalew Email & Phone Number

Ethiopia

Addis Ababa, Ethiopia

Major Duties and Responsibilities• Managing relationships with foreign banks and SWIFT (payment systems) operations• Ensuring proper handling of various forms of incoming transfers in the form of export proceeds or foreign direct investment (FDI)• Monitor the performance of the trade finance portfolio – analyze, develop and implement innovations in trade finance, monitor developments in the sector• Monitor investments, foreign bank accounts, managing foreign cash flow and ensuring timely reconciliations of accounts• Prepare regular reports on trade finance performances to senior management, conduct competitor product analysis and keep abreast of innovations • Participating in the preparation and evaluation of annual business development plans, covering all aspects of trade finance Summary of Achievements• Formed and successfully organized a new team to manage the SWIFT (payment systems) and Correspondent Banking Relations within tight deadlines; delivered a result with limited workforce• Increased network of financial institutions and reduced complaints of foreign banks through enhanced relationships by liaising with Compliance & Risk Department of the Bank• Improved service quality and instilled clear accountability by initiating work flow analysis by producing tailored work guidelines in trade finance operations• Assessed terms and tariffs of international banking services and proposed the optimal charge structure and led proper implementation of it• Monitored investments, financial analyses, foreign bank accounts, foreign cash flow analyses; and ensured timely reconciliations of accounts

Washington, District Of Columbia, United States

Major Duties and Responsibilities• Studying and analyzing an alternative model of economic development and the feasibility of its monetary, tax, and other system reforms for democratizing citizen access to capital ownership opportunities• Introducing CESJ’s concepts to help establish a global network of scholars, policymakers, and professionals in developing countries to study and implement CESJ’s alternative development model for financing green growthSummary of Achievements• Analyzed an alternative model of economic development and the feasibility of its monetary, tax, and other system reforms for democratizing citizen access to capital ownership opportunities• Participated in curriculum evaluation of an online pilot certification course in the areas of economic and social justice by Justice University• Publicized values and principles of CESJ to academia, policymakers, and social activists

Boston, Massachusetts

Awarded Hubert H. Humphrey Fellowship, US Department of State

Addis Ababa, Ethiopia

Major Duties and Responsibilities• In collaboration with the Attorney, designs the loan contract and make the customer sign the loan contract• Conduct the loan process by collecting pertinent documents from the customer• Prepare loan arrangement using the T24 system application and make the disbursement.• Gets timely and proper solutions for deteriorating loans and advances in collaboration with the Manager -Credit Processing Center• Handling loan related suspense accounts and reconciliation of these accountsSummary of Achievements• Coordinated the data cleansing activity of the Loan Center and make significant contribution for proper data migration• Initiated work flow analysis and produced a tailored working guide document • Contributed for significant reduction of non-performing loans of the Loan Center

Addis Ababa, Ethiopia

Major Duties and Responsibilities• Processing and approving international banking services, including but not limited to processing of import/export letter of credits• Handling cash against documents, issuance of guarantee and international fund transfers • Reconciliation of Trade Finance accounts against Head Office accounts• Full participation in the core banking software (T24) project implementation including design, testing, training and coordination of security management system• Preparing Bank’s business requirements (BRD’s) and reviewing subsequent functional specification documents (FSD’s) and work with system consultants• Co-work with vendor consultants and ensure the Bank interest is maintained in relation with system implementation • Preparation of training modules, manuals and directives in relation with operational tasks• Delivery of training for trainees regarding system functionalitiesSummary of Achievements• Taking part in successful conversion of old system to a new core banking solution (T24) including data cleansing and data migration tasks • Coordinated a team and implemented security management system of T24• Produced quality test scripts, training manuals, project schedules in the project implementation process• Engaged in continuous training provision tasks and through this I ensured successful knowledge transition to participants • Participated and take part in taskforce in successful reconciliation of long outstanding items

Addis Ababa, Ethiopia

Major Duties and Responsibilities• Processing deposit and withdrawal of commodities through electronic transfer of data with warehouses dispersed across the country• Managing creation of warehouse receipts, delivery notice and pickup notices centrally• Reconciliation of data along with warehouses• Mentoring and coordinating activities of Central Depository Assistants of the departmentSummary of Achievements• Raised customer satisfaction via proper commodity management of the company. Expedited electronic transfer of data with warehouses dispersed across the country• Initiated and implemented for new record management system and it led to improved service delivery• Effective and continued reconciliation of data along with warehouses

Addis Ababa, Ethiopia

Major Duties and Responsibilities• Inspecting branches and divisions on periodic basis. Performing pre and post audit activities on various types of accounts, loans and foreign banking activities. • Preparation of payroll, preparation of accrued and preparation of accounting reports on monthly basis.• Follow up of non-performing loans including site visit• Preparing reports on monthly, quarterly and semi-annually basis for the consumption of management and National Bank of Ethiopia.• Assisting loan officers in the preparation and analysis of new loansSummary of Achievements• Able to reduce significantly non-performing loans through strong follow-up• Examined and reported severe problem of foreign currency management and approval for improvement• Contributed in setting up a new branch and make profitable within one year. In doing so the branch was a prize winner by competing with long serving other branches

Questrom Busniess School, Economic Development, Finance And Banking

The Humphrey Program, sponsored by U.S. Department of State under the umbrella of Fullbright, brings young and mid-career professionals.

Master Of Business Administration (M.B.A.), Master Of Business Adminstration (Mba - General)

Bachelor Of Arts (Ba), Finance And Development Economics

Diploma, Banking And Finance