WBO: TFC

Job Description

WBO TFC - Trade Initiator
INTERNAL USAGE:
No. of Vacancies: - Reports to: WBO: TFC -Portfolio Manager or

WBO TFC - Trade Specialist

Is a Team leader - Team Size: -

Grade: Officer / AM
Business: WBO_TFOs Department: TFC Sub-Department:
Location: Airoli/Hyderabad/Kolkata/Noida
About Department
The Transaction banking operations department helps in managing the transaction in the banks.Transaction Banking(TB) can be defined as the set of instruments andservicesthat abankoffers to trading partners to financially support their reciprocal exchanges of goods (e.g.trade), monetary flows (e.g., cash), or commercial papers (e.g., exchanges)

Trade Finance Center handles the imports & exports transactions such as BG, LC, Collections, Advance Remittances, Open Account Payments, Trade outward Remittances and routing of SWIFT messages.

About Role

Trade Finance Center Data Entry Team will be responsible for completing all the part within the TAT with 100% accuracy in processing. They are required to check all the relevant documents properly before processing. The team will also be responsible for mentioning the rejection comments for rejection cases in one shot for avoiding delay in processing.
Key Responsibilities
- Responsible for the scrutiny and verification of relevant documents and also for checking the data entry.
- Ensure Inputting of transactions within stipulated TAT (turn-around time)
- Ensure Error-free entry and transactions and verification of trade & forex transactions
- Ensure Customer satisfaction and nil customer complaints
- Achieve higher productivity and fungibility

Qualifications
Optimal qualification for success on the job is:

- Graduate/ MBA preferred
- Additional Certificate course related to Banking sector

Role Proficiencies:
For successful execution of the job, the candidate should possess the following:

- Knowledge of banking products and services
- Knowledge of regulatory guidelines and norms
- Good communication (both verbal and written) skill in both English and the local language
- Ability to manage complex client situations
- Ability to manage risk and uncertainty for self and team within a dynamic priority-setting environment
- Ability to handle pressure and meet deadlines