Responsibilities
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Main Mission:
? Export LC processes (Advising, Amendment, Confirmation, Transfer, and Assignment of proceeds, Negotiation, LC Forfaiting, LC discounting, FX Loans, Reimbursement Claims and payments)
? Import LC processes (Issuance, Amendment, Negotiation, and Import Financing (Trust Receipt Loans), Reimbursement authorization, honor and Acceptance & Payments
? Documentary Collections (Lodging Bills, Acceptance and Payments)
? Handling of Guarantee Issuances, Amendments, Advising, Claims, Book off and Commission collections
Main Responsibilities:
1. Handling Letter of credit transactions and collection (Exports & Imports) and Guarantees
a. Scrutiny and review of LC transactions like Advising, Issuance, Amendments, and Negotiations & Settlements.
b. Imports and export collections transactions.
c. Transfers LC, Confirmations, Financing - LC Forfaiting, LC discounting, Trust Receipt Loans, FX Loan (Booking and settlement of foreign currency Loan related to L/C & D/C financing).
d. Process all transactions with high priority related to compliance and sanctions related issues.
e. Ability to handle all types of SWIFT Messages.
f. Guarantee Issuances, Amendments, Advising, Claims, Book off and Commission collections.
2. To complete the workflow on daily basis and pending transactions should escalated to Lead with updated reasons
3. Processing within the SLA's as required by the Client.
4. Raising technical queries, discrepancies to Lead and process as per his/her instructions.
5. Updates on operational procedures and special practices should be shared with Lead and help him in maintaining the standard operating procedure on regular basis.
6. Be a backup for the Lead
7. Attend Training programs.
a. Should have urge to learn other products in Trade finance.
b. Attend all training conducted within the team on all process and procedural updates.
Profile required
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Technical / Functional skills
• At least 3-6 years of experience and basic knowledge in Trade Finance Operations
• Exposure towards European market is preferable
• Good knowledge of office automation tools (advanced in Excel (Pivot table), medium in Power point
• Basic Knowledge in UCP, URR, ISBP and URC (Latest version).
• Knowledge and experience in handling commercial documents in international trade.
• Knowledge in Compliance regulations (Anti-boycott languages, Anti-Money laundering, and OFAC - Office of the Foreign Asset Control)
Behavioral competencies
• Willing to work with various shifts (especially in Europe timing)
• Excellent written and oral communication skills
• Analytical skills and process oriented
• Ability to work under pressure and work as part of the team
Why join us
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We are committed to creating a diverse environment and are proud to be an equal opportunity employer. All qualified applicants receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status"
Business insight
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At Societe Generale, we are convinced that people are drivers of change, and that the world of tomorrow will be shaped by all their initiatives, from the smallest to the most ambitious.
Whether you're joining us for a period of months, years or your entire career, together we can have a positive impact on the future. Creating, daring, innovating and taking action are part of our DNA.
If you too want to be directly involved, grow in a stimulating and caring environment, feel useful on a daily basis and develop or strengthen your expertise, you will feel right at home with us!
Still hesitating?
You should know that our employees can dedicate several days per year to solidarity actions during their working hours, including sponsoring people struggling with their orientation or professional integration, participating in the financial education of young apprentices, and sharing their skills with charities. There are many ways to get involved.
We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents , regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.
Reference: 24000INN
Entity: SG Global Solution Centre
Starting date: 2024/09/13
Publication date: 2024/07/18
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