![Vatsal Exports LLP](https://media.trabajo.org/img/noimg.jpg)
Trade Finance Specialist
6 days ago
Location:
Sindhu Bhavan Road, AhmedabadExperience:
Total 5 to 8 Years (Minimum 4 Years in Taxation)Pay Scale:
4.8 to 6 lakh Per annumJob Type:
Full-time
Job Description:
We are seeking a Trade Finance Specialist to join our team and take charge of variousfinancial transactions related to inward and outward remittances, currency hedging,and international trade operations. The ideal candidate will possess a solidunderstanding of financial regulations, including FEMA regulations, Foreign AssetsControl list, and ECGC guidelines.
Responsibilities:
Coordinate with banking partners for inward and outward remittances,ensuring compliance with regulations. Manage hedging activities for USD and Euro to mitigate currency risk. Stay updated on FEMA regulations, Foreign Assets Control list, and ECGCguidelines. Handle LC and Standby LC operations, including issuance scrutiny and billpayment processing. Monitor swift messages for accuracy and prompt action. Conduct sanctions screening to mitigate financial risk. Facilitate cross-border trading activities, including pre and post shipmentdiscounting. Ensure document consistency and accuracy in all transactions. Identify and resolve discrepancies with customers. Process transactions within defined turnaround times. Address audit queries to maintain compliance. Educate customers and Relationship Managers for transaction accuracy.
Requirements:
Bachelor's degree in finance, Accounting, or a related field. Minimum of 3 years of experience in finance operations, preferably in a similarrole. Strong understanding of financial regulations, including FEMA, and tradefinance practices. Proficiency in handling LC operations, swift messages, and sanctions screening. Excellent attention to detail and ability to scrutinize documents for accuracyand compliance. Effective communication and interpersonal skills. Ability to work under pressure and prioritize tasks to meet deadlines. Immediate availability to join the team would be prefer
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