HDFC Bank - Head - Trade Finance Operations

Key Responsibilities :

- Ensure smooth functioning of the department as per laid down processes

- Devise the processes and product for Trade, LAGJ, Commodity, Bullion and Tax Operations

- Manage Correspondent banking relationship

- Support and strengthen Business and branches with Trade business

- Be in tune with market conditions and changes

- Keep control over cost by digitization of the time consuming activities

- Ensure internal as well as external compliance

- Strengthen staff knowledge and productivity

- Constantly review the processes and systems to ensure the same is in line with Bank's policies as well as

Industry practices :

- Visit to regulators like RBI, FEDAI, customs, Consultants, etc to clarify the role of an AD for Import remittance and Trade credit transactions and its reporting

- Visit to the Central Processing Units and different regions for standardization of processes, coordination with the other Businesses and ensuring the delivery of operations is monitored

- Marketing and customer on-boarding for latest product like Digital trade

- System Process re-engineering and periodic review to be conducted to ensure that we have the best practices in the market

- Keep the cost of operations under the budgeted amount. Find innovative ways and means to reduce the cost of operations within the area of control

- Ensure results are targeted, measured and presented to senior management with regards to processed cases, time saved with process re-engineering, errors (if any), etc

- Ownership for own and team's deliverables. Keeps abreast of ground realities through constant 360 degree feedback

- People Management - Ensure Job Rotations, Motivating the team, engagement & work life balance-

Pre - requisites :

- Business Unit - Wholesale Banking Operations

- Location - Metros

- Experience (Years) - 20 + years in Trade Finance Operations (Back office/Branch)

- Excellent Communication Skills

- Experience in managing large teams

Company Description :

HDFC Bank is one of India's premier banks, providing a wide range of financial products & services across hundreds of Indian cities using multiple distribution channels, including pan-India network of branches, ATMs, phone banking, net banking & mobile banking.

- Within a relatively short span of time, the bank has emerged as a leading player in retail banking, wholesale banking, & treasury operations, its three principal business segments. It is the largest bank in India by market capitalization as of February 2016.

- On its path to becoming a - World Class Bank- the bank has won several awards; recent ones being Bank of the Year & Best Digital Banking Initiative Award 2016 (KPMG study of India's Best Banks), Best Companies to work for (Business Today magazine), as well as bagging four awards from the Indian Banks- Association. By 2015, the Bank had featured in Forbes Asia's - Fab 50- list nine consecutive times.

- The Bank was named India's Best Managed Company in a 2015 FinanceAsia survey, which also named CEO Mr. Aditya Puri as Best CEO.

- HDFC Bank's National Blood Donation Drive, held annually since 2007, was recognized as the largest effort of its kind across the world in 2013 with 61,902 donors in a single day. In 2014, 1,55,599 donors participated at 913 locations

- The bank which unveiled its Go Digital Initiative in 2014, harnessing the power of technology by enabling customers to perform over 75 transactions from their mobile phone - - Bank Aapki Muththi Mein-, has also been the first to launch its wearable app on the Apple Watch, as well as use big data and biometrics to offer instant loans.

- The Bank's payment and e-commerce eco-system app, PayZapp has recorded a million downloads within a year of its launch. To harness the power of entrepreneurship in the fintech space for delivering differentiated customer experience, the Bank has initiated its Digital Innovation Summit in 2016.