Trade Finance Operations Specialist
3 days ago
At IDFC FIRST Bank, we're seeking an experienced Senior Analyst-Trade Finance Operations to join our team. As a key member of our Trade Finance Operations department, you will be responsible for ensuring seamless transaction processing and documentation management.
The ideal candidate should have a strong background in trade finance, with experience in managing transactions involving LCs, BGs, and other financial instruments. You should be well-versed in relevant RBI guidelines and Standard Operating Procedures (SOPs).
Key Responsibilities:
- Transaction processing: Scrutinize documents, make checks, and authorize transactions in line with SOPs and RBI guidelines.
- Desks experience: LC/BG issuances, Document Checking, Inland Bill Discounting, Exports, Import Remittances, A2 Remittances, and Inward Remittances.
- Operate within delegation of authority, ensuring timely processing and error-free reports.
- Maintain adequate and efficient processing for various client segments, resolving queries promptly.
- Internal reconciliations: Office accounts and nostro reconciliations as applicable.
Education and Experience:
Graduate degree in BBA, BA, or BSc; Postgraduate degree in MBA, MA, PGDM, or MSc; 2-5 years of relevant experience in trade finance operations.
Estimated Salary Range: ₹15,00,000 - ₹25,00,000 per annum based on qualifications and experience.
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