Documentary Trade Operator

1 week ago


Pune, Maharashtra, India Quess IT Staffing Full time

About Us
"Magna Infotech, now Quess IT Staffing, is India's largest IT staffing company with over 20 years of experience in staffing IT professionals in 300+ companies across levels and skillsets. Our 10,000+ associates deployed in 80+ cities and towns are proficient in over 500 technological skills. Our associates help enable cutting edge solutions some of the biggest names across industried. Quess IT Staffing is a division of Quess Corp Limited, India's leading business services provider and largest domestic private sector employer. Quess Corp Limited is - 'A Great Place to Work' certified - a testament to our excellent culture, people, and processes."

About Company

Roles and Responsibility

Job Title:
Documentary Trade Analyst

Location:
Pune

Note

  • Specific/ mandatory skills: Basic Trade Finance experience preferred
  • Experience range: 01 Year preferred
Job Description Summary


The Documentary Trade Analyst is accountable for the processing of requests and documents, received by the bank under a Letter of Credit or Documentary Collection or Guarantee/Standby Letter of Credit.


They may process requests and documents such as:

  • Letters of Credit: Issuance of Import Letters of Credit, Advising of Export Letters of Credit, Booking and Settlement of Export and Import bills under Letters of Credit
  • Documentary Collections: Verification of Collection documents, Booking and Settlement of Collection Export and Import Bills.
  • Guarantee or Standby Letters of Credit (SBLC)

Expert:

Vetting of Guarantee/ Standby Letter of Credit Text, Issuance, Advising, Scrutiny and Book-Off of Guarantees or Standby Letter of Credit.


This involves understanding the customers'/banks' instructions relating to the Letter of Credit or Documentary Collection or Guarantee/Standby Letter of Credit and capturing the data from the documents into the trade finance processing platform.


They are also responsible for the mitigation of Operational and Regulatory risks observed during the verification or processing of Letters of Credit or Documentary Collections or Guarantees/ Standby Letter of Credit (SBLCs) and related documents, by providing control measures.


The Documentary Trade Analyst also manages internal stakeholders by adhering to agreed Service Level Agreements (SLAs) and manages customer requirements.



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