Foreign Trade Specialist
2 weeks ago
Key Responsibilities
- Trade Finance Operations : Handle end-to-end processes for imports, exports, and trade finance, including Letters of Credit (LC) issuance and advising, Bank Guarantees, and Cash Management.
- Documentation & Compliance : Process and manage import-export documents, including BOE reconciliation and IDPMS/EDPMS compliance, ensuring regulatory adherence (FEMA, FERA, RBI Master Circulars, UCPDC, URC 522).
- Payments & Remittance : Manage outward and inward remittances using SWIFT messages, ensuring efficient processing of A2/A1 payments and GR Waivers.
- Loan & Credit Management : Facilitate credit instruments, including Bill Discounting (LCBD, FCYBD), PCFC (Post-Export Loan), Loan Against Imports (LAI), and Loan Against Exports (LAE).
- Data Management : Maintain and update databases for all import-export bills, LC transactions, and reconciliations.
Ideal Candidate
- In-depth experience in foreign trade and banking operations, with a focus on trade finance and compliance.
- Proficiency in handling SWIFT message types for trade operations and a solid understanding of regulatory guidelines (FEMA, RBI, UCPDC).
- Strong people management and client servicing skills.
- Exceptional organizational abilities, attention to detail, and a proactive approach to problem-solving.
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