[Urgent] Wbo Dtfc

WBO DTFC - Trade Specialist - DTFC BILLS INTERNAL USAGE No of Vacancies - Reports to WBO DTFC - Portfolio Manager WBO DTFC- Team Lead NPH Is a Team leader - Team Size - Grade DM MGR SM AVP Business WBO Department DTFC 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 and services that a bank offers 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 Domestic Trade Finance Center DTFC Handles the Outward bill Inward bill lodgment and discounting and ILC IBG Issuance and amendment Margin release after bill payment ILC Advising of issuance and amendment cases Adding confirmation in ILC IBC and OBC bills M Miscellaneous SFMS Message Regulatory Requirements ED Audit Point closer ect About Role The Domestic Trade Finance Center is responsible for compliance of Outward bill Inward bill lodgment and discounting and ILC IBG Issuance and amendment Margin release after bill payment ILC Advising of issuance and amendment cases Adding confirmation in ILC IBC and OBC bills M Miscellaneous SFMS Message Regulatory Requirements ED Audit Point closer ect They are responsible for Processing and verification of transactions Key Responsibilities Ensure Cost Control for the FY and manage operational loss Handle customer Complaints and ensure adherence to prescribed TAT for customer centric clear transactions non rejection cases Ensure Error-free compliance of transactions and processing of retail forex transactions as well as SWIFT payments Implement Automation of Processes Ensure Reduction in number of audit irregularities timely rectification and prompt reconciliation of GL heads Qualifications Optimal qualification for success on the job is Graduate MBA preferred Additional Certificate course related to Banking sector 03 to 10 years of Work Experience 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 Skills Refer to the About Company Axis Bank is the third largest private sector bank in India The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates MSME Agriculture and Retail Businesses The Bank has a large footprint of 4 594 domestic branches including extension counters with 11 333 ATMs 5 710 cash recyclers spread across the country as on 31st March 2021 The Bank has 6 Virtual Centres and has over 1500 Virtual Relationship Managers as on 31st March 2021 The Overseas operations of the Bank are spread over eight international offices with branches at Singapore Dubai at DIFC and Gift City-IBU representative offices at Dhaka Dubai Abu Dhabi Sharjah and an Overseas subsidiary at London UK The international offices focus on Corporate Lending Trade Finance Syndication Investment Banking and Liability Businesses