Officer - Trade Finance Operations

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Officer - Trade Finance Operations

R

RiverForest Connections Private Limited

New Delhi, Delhi

Apply on BeBee India

19 hours ago

Full–time

Position Purpose To perform operational duties in TATs prescribed by the bank with due diligence Customer Service To ensure that all the daily transactions are monitored for same day error-free completion in co-ordination with relevant stakeholders. Be available for clients to act as their partner and advisor. NIL pending / delayed transactions on daily basis at the Branch. Client delivery and advisory for their satisfaction – focus on global TATs than Branch TAT. NIL / minimal client complaints and incidences. Compliance Ensure all transactions are processed strictly as per internal procedures / policies and regulatory guidelines as well as adhere to internal accounting norms. Responsibilities Direct Responsibilities • Local Bills – Clean Bill Discounting under collection • Discounting under LC • Collection Bill Lodgement + Despatch +Settlement • Connexis Management • Dox Drawn on us – Honour & Settlement • Follow up of Acceptance, Payments & overdue Bills • Reconciliation of Transit & Suspense Accounts • Vigilance local bills • Advance against Export followup (Auto mail goes from CCTO) • MTT – Export Leg Collection and settlement • Bundle Treasury reporting • Any other work related to Trade (Irrespective of Desk) in case of exigency • To comply with bank's laid down procedure, RBI and other regulatory guidelines • To work in the best interest of the bank as well as our clients Anti – Money Laundering / Financial Sanctions ("AML / FS") related duties Operations are an integral part of the control framework including for AML / FS topics. In that respect, in performing your role you are expected to ensure adherence to AML / FS – related Group Policies and execution of associated operational controls, and to promptly escalate any resulting hit for analysis and decision to the relevant authority • Any other work related to Trade (Irrespective of Desk) in case of exigency. • To comply with bank's laid down procedure, RBI and other regulatory guidelines • To work in the best interest of the bank as well as our clients Contributing Responsibilities Risk Management, Housekeeping on general Operations controls pertaining to the department Technical & Behavioral Competencies Technical : • Knowledge of Trade Finance and hands on experience • Knowledge of General Banking, RBI guidelines and other regulations • Knowledge of FEMA & ICC Regulations • Basic Knowledge of Cash Management & Credit Documentation • Client interfacing skills • Proficiency in Computers especially Microsoft Office Behavioral • Good interpersonal skills • Good communication skills • Ability to interact with different teams and get things done or escalate to the appropriate level • Customer Centric with a spirit of excellence in customer services Skills Referential Behavioural Skills: • Ability to collaborate / Teamwork • Creativity & Innovation / Problem solving • Personal Impact / Ability to influence • Decision Making Transversal Skills: • Ability to understand, explain and support change • Ability to inspire others & generate people's commitment • Ability to develop others & improve their skills • Ability to develop and adapt a process Education Level: Bachelor Degree or equivalent (3 years) Experience Level At least 2 years Other/Specific Qualifications (if required) Proficiency in Computer : MS Office