Senior Associate - Trade Finance Operations

Job Requirements

Role/ Job Title: Senior Associate – Trade Finance Operations.

Function/ Department: Wholesale Banking Operations

Job Purpose: The incumbent is responsible for the following activities in the role of should have knowledge of one or more products like - 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 , IEDPMS Desk, BoE Updating.

Roles & Responsibilities:

Responsible for transaction processing involving document scrutiny, making / checking 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

Educational Qualification: Graduate/Stream/ Specialization

Experience: Upto 3 Years Exp.