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Role/ Job Title: Senior Specialist-Trade Finance Operations
Function/ Department: Wholesale Banking Operations
Job Purpose:
The incumbent is responsible for the following activities and should have knowledge of one or more Trade Finance Products. 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.
Roles & Responsibilities:
· Responsible for transaction processing involving document scrutiny, checking / reviewing and authorization of transactions in line with Standard Operating Procedures, RBI guidelines.
· Experience 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
· Ensuring processing in line with Internal Standard Operating Procedures (SOPs)
· Ensure processing within TATs as prescribed and ensure error free processing. Timely reporting of errors if any
· Ensure adequate and efficient processing pertaining to various client segments, resolving queries if any on timely basis.
· Handling of internal reconciliations – office accounts and nostro reconciliations as and when applicable.
· Knowledge and awareness on Trade Based Money Laundering and highlight such cases at the time of turn processing.
Secondary Responsibilities:
· Knowledge of MIS, Data Entry
Education Qualification:
Graduation: Bachelor’s degree any relevant stream
Post-graduation: Any Stream
Experience: 05 to 08 years of relevant experience.
Eligibility typically includes the qualifications and experience outlined in the job description above, with around 5-10 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 Senior Specialist - Trade Finance Operations at IDFC FIRST Bank.
This role requires around 5-10 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.