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Trade Finance- Letter of Credit

2 weeks ago

Chennai, Tamil Nadu, India Indusind Bank Full time ₹ 6,00,000 - ₹ 12,00,000 per year

Role & responsibilities

  • Understand the submitted documents - Bank application, Underlying documents, Insurance policy, Financial Quote Letter etc.
  • Knowledge in Trade Credits (Suppliers Credit / Buyers Credit)
  • Knowledge in Payments of MT103 & MT202
  • Basic Knowledge in UCPDC, ISBP, URR & Incoterms.
  • Good Knowledge in SWIFT Messages
  • Good communication skill
  • Exposure in Trade Domain
  • Delivery of transactions within stipulated turn-around time
  • Ability to quickly understand the product related aspects
  • Should be an effective team player & maintain good bonding across the teams / branches.
  • Exposure in Reports / MIS Preparation
  • Exposure in Banking Application & systems
  • Basic Knowledge in FEMA & RBI Guidelines etc.

Preferred candidate profile

Handling of LC Issuance within Trade & Remittance.