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.