Assistant Vice President-Trade Finance Operations

3 weeks ago


Chennai, Tamil Nadu, India Sumitomo Mitsui Banking Corporation – SMBC Group Full time
COMPANY OVERVIEWHeadquartered in Tokyo, SMBC is one of the largest Japanese banks by assets (with over ¥238,700 billion in total assets), with strong credit ratings across the globe. The bank offers personal, corporate and investment banking services to their customer network that extends across 39 countries and regions, 15 of which are in Asia. The Asia-Pacific regional headquarter, established in 2008, is based in Singapore. The bank's presence in India was established in New Delhi in December 2012, in Mumbai in March 2017 and Chennai in November 2020. In India, SMBC concentrates on Wholesale Banking with a strong client base and coverage of global and local conglomerates and corporates. Its strong financials and worldwide operations provide clients with global solutions that makes SMBC the leading choice for businesses expanding around the globe, particularly in Asia.

OUR VALUES

Integrity Customer First Proactive & Innovative Speed & Quality Team"SMBC Group"

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of the positionHandling transactions related to Trade Operations, General Banking, Deposit/remittance ops, KYC operations.

Job ResponsibilitiesScrutiny of Trade documents pertaining to all Trade Products.Checking of all the clauses/contents of Import LC issuance & LC amendment.Processing of import/export transactions on core banking.To check & send the sale/purchase reporting for FCY transactions to the Treasury front office, Exchange Position reconciliation with Treasury Front office team.Checking & sending of RBI & other regulatory reporting to be send as per set frequency.Checking & managing of proper housekeeping of all the files/ documents on daily basisData submission with regards to Internal / external audit for the department and ensuring all returns pertaining to the Team are submitted in time.Process improvements in areas of responsibility.Any other Responsibility allocated time to time by managementCo-ordination with Central Hub at Delhi Ops for processing and RMs for client's transactions.Responsible for handling customer queries.Data submission with regards to Internal / external audit for the department and ensuring all returns pertaining to the Team are submitted in time.Process improvements in areas of responsibility.

Knowledge & QualificationsMBA/ PG PowerPoint with 8 -12 years of experience in Trade Finance Operations in Banks.Good in MS Excel/PowerPointKnowledge of regulatory guidelines related to Import / Export.Excellent communication skills


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