Senior Specialist-Trade Finance Operations

About the job

Job Requirements Role/ Job Title: Senior Specialist-Trade Finance Operations Function/ Department: Wholesale Banking Operations Job Purpose The incumbent is responsible for the following activities and should have knowledge of one or more Trade Finance Products. LCs and Collections, BGs and SBLCs / SBLC backed BCs, Doc Checking, Bill Discounting, Committed Payments, Import (A1) Remittances, A2 ... Remittances, A2 Exchange House Remittances, Inward Remittances, Exports. Roles & Responsibilities • Responsible for transaction processing involving document scrutiny, checking / reviewing and authorization of transactions in line with Standard Operating Procedures, RBI guidelines. • Experience in either of the desks – LC / BG issuances, Document Checking, Inland Bill Discounting, Exports, Import Remittances, A2 Remittances, Inward Remittances. • Operating within the delegation of authority • Ensuring processing in line with Internal Standard Operating Procedures (SOPs) • Ensure processing within TATs as prescribed and ensure error free processing. Timely reporting of errors if any • Ensure adequate and efficient processing pertaining to various client segments, resolving queries if any on timely basis. • Handling of internal reconciliations – office accounts and nostro reconciliations as and when applicable. • Knowledge and awareness on Trade Based Money Laundering and highlight such cases at the time of turn processing. Secondary Responsibilities • Knowledge of MIS, Data Entry Education Qualification Graduation: Bachelor’s degree in any relevant stream Post-graduation: Any Stream Experience: 05 to 08 years of relevant experience.

Qualifications

• Bachelor’s degree in any relevant stream
• Post-graduation: Any Stream

About the company

null