Lead - Trade Finance Operations

Job Requirements

Role/ Job Title: Lead – Trade Finance Operations

Function/ Department: Wholesale Banking Operations

Job Purpose: The incumbent in this role should be having knowledge in Capital A/ C Products like ODI, FDI, ECB, LO / BO/ PO and regulatory reporting associated with it. Should have a prior experience from an operations perspective.

Roles & Responsibilities

 Processing of Capital Account Trnx like ECB, ODI, FDI, LO / BO / PO

 ECB - Processing under automatic route and approval route, Guidance to the Branch & Customer about filing of Form ECB or any other document, obtaining LRN from RBI, follow up for filing of Form ECB-2, filing ECB 2 with RBI, Maintaining Record of all ECBs sanctioned and ECB 2 filing, approving ECB remittances.

 Ensuring adherence to guidelines pertaining to FDI transactions. Handling approvals of FCGPR / FCTRS etc. in the FIRMS application of RBI. Liaising with branches for discrepancy resolution, if any.

 Ensuring adherence to guidelines pertaining to ODI transactions

 Manage and achieve satisfactory audit rating and error free operations.

 Maintaining MIS, reporting to stakeholders and follow-up for overdue.

 Timely processing meeting client expectations

 Assist In Transactional Regulatory Checks As Required.

Enure processing is in line with the internal standard operating procedures (SOPs) and regulatory guidelines. Review of SOPs at frequent intervals and obtaining sign offs from concerned stakeholders.

 Identifying risks and ensuring that there exist adequate controls (automated / manual) to ensure compliance with applicable rules and regulations.

 Ability to handle regulatory queries / reporting related requirements

Educational Qualification: Graduate/Post Graduate

Experience: 5 to 10 yrs.