Officer - Trade Finance Operations (Large - New Delhi, India - Riverforest Connections

Riverforest Connections

Verified Company

New Delhi, India

1 week ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

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 / mínimal 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

Skills Required:

Trade Finance Operations, LC, Financial Operations, Compliance

Location
New Delhi

Years Of Experience
2 to 7 Years