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 any relevant stream
Post-graduation: Any Stream
Experience: 05 to 08 years of relevant experience.
