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Post/ Job Title: Lead – Trade Finance Operations
Function/ Department: Wholesale Banking Operations
Job Purpose: The incumbent in this position should be having know-how in Capital A/ C Products like ODI, FDI, ECB, LO / BO/ PO and regulatory reporting associated with it. Should have a prior experience from an operations perspective.
Processing of Capital Account Trnx like ECB, ODI, FDI, LO / BO / PO
ECB - Processing under automatic route and approval route, Guidance to the Branch & Customer about filing of Form ECB or any other document, obtaining LRN from RBI, follow up for filing of Form ECB-2, filing ECB 2 with RBI, Keeping up Record of all ECBs sanctioned and ECB 2 filing, approving ECB remittances.
Guaranteeing adherence to guidelines pertaining to FDI transactions. Handling approvals of FCGPR / FCTRS etc. in the FIRMS application of RBI. Liaising with branches for discrepancy resolution, if any.
Securing adherence to guidelines pertaining to ODI transactions
Run and attain satisfactory audit rating and error free operations.
Upholding MIS, reporting to stakeholders and follow-up for overdue.
Timely processing meeting client organisation expectations
Assist in transactional regulatory checks as required.
Enure processing is in line with the internal standard operating procedures (SOPs) and regulatory guidelines. Review of SOPs at frequent intervals and obtaining sign offs from concerned stakeholders.
Spotting risks and seeing to it that there exist adequate controls (automated / manual) to ensure compliance with applicable rules and regulations.
Capacity to handle regulatory queries / reporting related expectations
Educational Qualification: Graduate/Post Graduate
Experience: 5 to 10 yrs.
Location for this Lead - Trade Finance Operations opening: Mumbai.
Eligibility typically includes the qualifications and experience outlined in the job description above, with around 10-18 Years years of relevant experience expected for this role.
The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Lead - Trade Finance Operations at IDFC FIRST Bank.
This role requires around 10-18 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.
Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.
You can apply directly using the Apply Now button on this page, which will take you to IDFC FIRST Bank's application process for this role.