WBO: DTFC

Job Description

WBO DTFC - Trade Initiator - DTFC _BILLS
INTERNAL USAGE:
No. of Vacancies: - Reports to: WBO:DTFC - Portfolio Manager
Is a Team leader - Team Size: -

Grade: Officer / AM
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 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)

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.

About Role

Domestic Trade Finance Center (DTFC) 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.
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