Trade Finance & SWIFT Payments Operations Specialist

About the job

Trade Finance & SWIFT Payments Operations Specialist Location: Navi Mumbai & Chennai Experience Required: 6 to 15 years in Trade Finance & SWIFT Payments Operations Notice Period: Up to 30 days Job Summary: The Trade Finance & SWIFT Payments Operations Specialist will be responsible for end-to-end processing of trade finance transactions with a primary focus on SWIFT payments (MT102, MT202 ...), ISO 20022, and trade-related payments. This role demands deep expertise in SWIFT messaging, trade payments processing, and compliance, along with comprehensive knowledge of documentary credits, collections, reimbursements, and discounting. Key Responsibilities: • Process and Authorize SWIFT Payment Transactions: • Handle and verify high-value SWIFT payments (MT102, MT202, MT103, MT202COV, pacs.008, pacs.009, etc.) related to trade finance. • Ensure accurate preparation, review, and authorization of SWIFT messages for trade settlements and reimbursements. • Trade Finance Transaction Processing: • Manage end-to-end processing of Import & Export Letters of Credit, Documentary Collections (DP/DA), Reimbursements, and Discounting transactions. • Oversee payments under trade instruments, including export/import bills, LC issuances, amendments, and document checking as per UCP600, ISBP 821, and URC 522 guidelines. • Compliance & Risk Controls: • Ensure all SWIFT and trade transactions comply with AML, sanctions, and internal compliance requirements. • Conduct thorough sanctions screening and maintain strong risk controls for all payment and trade finance operations. • Operational Excellence: • Meet internal SLAs and maintain high standards of accuracy and efficiency. • Liaise with internal and external stakeholders to resolve payment or trade transaction issues promptly. Preferred Qualifications, Capabilities, and Skills: • SWIFT & Payments Expertise: • In-depth knowledge of SWIFT MT payment message types (MT102, MT103, MT202, MT202COV, MT700, MT742, MT799, MT999, etc.) and ISO 20022 standards (pacs.008, pacs.009). • Hands-on experience in end-to-end trade payments processing, including settlements, reimbursements, and discounting. • Trade Finance Knowledge: • Strong technical expertise in Documentary Credits, Collections, and Reimbursements. • Analytical & Communication Skills: • Ability to quickly understand complex payment and trade finance issues and apply sound judgment. • Excellent analytical skills and strong verbal communication in English. Preferred Education, Certifications, and Systems: • Graduate/Postgraduate in Commerce, Finance, or Banking. • CDCS / CITF certification preferred. • Proficiency in MS Office and Trade Finance systems (e.g., Exim Bills, Finacle, MTS, etc.).

Qualifications

• Graduate/Postgraduate in Commerce, Finance, or Banking
• CDCS / CITF certification preferred