Specialist Trade Finance Operations

Year    Mumbai, Maharashtra, India

Job Description


:Role / Job Title: Specialist-Trade Finance OperationsFunction/Department: Trade Finance OperationsJob Purpose:The incumbent is responsible for the following activities in the role of - \'Specialist-Trade Finance Operations\' and should have knowledge of 1-2 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 a 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. .
Education Qualification:Graduation: BBA (Bachelor of Business Administration) / BCom (bachelor\'s in commerce) / BSc (Bachelor of Science)Post Graduation: MBA (Master of Business Administration) / MA (Master of Arts) / PGDM (Post Graduate Diploma in Management) / M Com (Master of Commerce)Experience: 5 - 10 years of relevant experience.

IDFC FIRST Bank

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Job Detail

  • Job Id
    JD3455989
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Mumbai, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year