Specialist-Trade Finance Operations
IDFC FIRST Bank
Date: 2 weeks ago
City: Navi Mumbai, Maharashtra
Contract type: Full time
Role / Job Title: Specialist-Trade Finance Operations
Function/Department: Trade Finance Operations
Job 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
Knowledge of MIS, Data Entry
Managerial & Leadership Responsibilities
Improve processing environment, team dynamics and ethos. good people skills and stakeholder management.
Education Qualification
Graduation: BBA (Bachelor of Business Administration) / BCom (Bachelor 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
Function/Department: Trade Finance Operations
Job 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 trnx processing.
Knowledge of MIS, Data Entry
Managerial & Leadership Responsibilities
Improve processing environment, team dynamics and ethos. good people skills and stakeholder management.
Education Qualification
Graduation: BBA (Bachelor of Business Administration) / BCom (Bachelor 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
How to apply
To apply for this job you need to authorize on our website. If you don't have an account yet, please register.
Post a resumeSimilar jobs
Manager, Marketing Automation
Morningstar,
Navi Mumbai, Maharashtra
3 days ago
Title: Manager, Marketing AutomationLocation: Vashi, Navi MumbaiCompany: Morningstar is a leading provider of independent investment research in North America, Europe, Australia, and Asia. We offer a wide variety of products and solutions that serve market participants of all kinds, including individual and institutional investors in public and private capital markets, financial advisors, asset managers, retirement plan providers and sponsors, and...
Senior Associate - NVOCC Operations - Global Service Centre
DP World,
Navi Mumbai, Maharashtra
5 days ago
Key Responsibilities JOB DESCRIPTION For Import Documentation Receive the data of freight and cargo manifest from the load port. Data quality checks and edits data as per local requirements. Prepare Import IGM /IAL and submit before vessel arrival as per deadline. Ensure all compliances are met before submitting IGM. Sending arrival notice to customers before arrival of the vsl also...
Process Designer Level II
Worley,
Navi Mumbai, Maharashtra
1 week ago
We deliver the world’s most complex projects.Work as part of a collaborative and inclusive team .Enjoy a varied & challenging role.Building on our past. Ready for the futureWorley is a global professional services company of energy, chemicals and resources experts headquartered in Australia.Right now, we’re bridging two worlds as we accelerate to more sustainable energy sources, while helping our customers...
