Senior Trade Finance Operations Specialist
2 weeks ago
Job Title: Senior Trade Finance Operations Specialist
Job Summary:
We are seeking a highly skilled Senior Trade Finance Operations Specialist to join our team at IDFC FIRST Bank. The successful candidate will be responsible for processing transactions involving document scrutiny, checking, and authorization, as well as ensuring compliance with Standard Operating Procedures and RBI guidelines.
Key Responsibilities:
- Responsible for transaction processing involving document scrutiny, checking, and authorization of transactions in line with Standard Operating Procedures, RBI guidelines.
- Experience in either of the desks – LC / BG issuances, Document Checking, Inland Bill Discounting, Exports, Import Remittances, A2 Remittances, Inward Remittances.
- Operating within the delegation of authority.
- Ensuring processing in line with Internal Standard Operating Procedures (SOPs).
- Ensure processing within TATs as prescribed and ensure error-free processing. Timely reporting of errors if any.
- Ensure adequate and efficient processing pertaining to various client segments, resolving queries if any on a timely basis.
- Handling of internal reconciliations – office accounts and nostro reconciliations as and when applicable.
- Knowledge and awareness on Trade Based Money Laundering and highlight such cases at the time of turn processing.
Requirements:
- Graduation: BBA (Bachelor of Business Administration) / BCom (bachelor's in commerce) / BSc (Bachelor of Science)
- Post Graduation: MBA (Master of Business Administration) / MA (Master of Arts) / PGDM (Post Graduate Diploma in Management) / M Com (Master of Commerce)
- 5 - 10 years of relevant experience.
Preferred Qualifications:
Knowledge of Trade Based Money Laundering and experience in Trade Finance Operations.
What We Offer:
IDFC FIRST Bank offers a competitive salary, a dynamic work environment, and opportunities for growth and development.
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