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Senior Associate - Trade Finance Operations

IDFC FIRST Bank — Mumbai, MUMBAI

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Experience 2-5 Years yrs
Age 21-35 yrs
Gender Both
Salary Not Disclosed LPA
Department Sales Loans
Product Loans

Job Description

Job Needs

Job/ Job Title: Senior Associate – Trade Finance Operations.

Function/ Department: Wholesale Banking Operations

Job Purpose: The incumbent is tasked with the following activities in the position of should have know-how of one or more products like - LCs and Collections, BGs and SBLCs / SBLC backed BCs, Doc Checking , Bill Discounting, Committed Payments, Import (A1) Remittances, A2 Remittances , A2 Exchange House Remittances , Inward Remittances, Exports , IEDPMS Desk, BoE Updating.                         

Roles & Responsibilities:

 Tasked with transaction processing involving document scrutiny, making / checking and authorization of transactions in line with Standard Operating Procedures, RBI guidelines.

 Background 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

 Securing processing in line with Internal Standard Operating Procedures (SOPs)

 Ensure processing within TATs as prescribed and guarantee error free processing. Timely reporting of errors if any

 Secure adequate and efficient processing pertaining to different customer segments, resolving queries if any on timely basis.

 Handling of internal reconciliations – office accounts and nostro reconciliations as and when applicable

Educational Qualification: Graduate/Stream/ Specialization

Experience: Upto 3 Years Exp.



This Senior Associate - Trade Finance Operations vacancy is based in Mumbai.

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Frequently Asked Questions

What are the eligibility criteria for the Senior Associate - Trade Finance Operations job at IDFC FIRST Bank?

Eligibility typically includes the qualifications and experience outlined in the job description above, with around 2-5 Years years of relevant experience expected for this role.

What are the primary responsibilities of a Senior Associate - Trade Finance Operations at IDFC FIRST Bank?

The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Senior Associate - Trade Finance Operations at IDFC FIRST Bank.

Is prior experience required for this position?

This role requires around 2-5 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.

What skills are important for this role?

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.

How do I apply for the Senior Associate - Trade Finance Operations role at IDFC FIRST Bank?

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.