Job Type: Permanent-Full Time
Job Location: Gurgaon
Responsibilities:
- Provide adequate and efficient transactions in Guarantees - issuing, amendment, cancellation, lodgment of claims, payment within the limit as per the credit policy
- Process outgoing remittances
- Handle Swifts/Telexes of transactions relating to Bank guarantees
- Input transactions for advising, confirmation, amendment and cancellation of Import & Export Letters of Credit on a timely basis
- Customer Acquisition for LC discounting
- Preparation of periodic reports of opened and outstanding Import and Export letters of credit and monitoring of workflow
- Settle value of documents, sight, in same value dates ensuring full funding coverage with FX, Treasury and Credit Department to avoid loss due to delay of payment interest
- Ability to maintain relationships with existing customers and others to get more business
- Zeal to be able to generate revenue from the Trade Finance products
- Always enthusiastic for business promotion activities and customer meetings and have a present database for LC discounting
- Should have handled LCBD Sales
Requirement:
- Must be from Trade Finance operations background with 4 to 7 years of handling transactions
- Must be familiar with Trade Finance products i.e LC discounting, FX transactions
- Experience and knowledge in accounting work and in handling trade documentary credit works
- Banking background with experience in banking documentation and procedures involving import/export/LC collection bills and bank's guarantees
- Should have knowledge of RBI guidelines
- Should have worked as a team player in a reputed bank
- Must be able to handle the compliance and audit queries
- Should have knowledge of RBI reporting's
- Should have skills to make the process better and easy as and when it's required as per market condition
- Should have the zeal to do business promotion
- Ready for travel as per the business requirement
- Solid knowledge of Indian laws for processing trade products for the Indian Markets.
About Client: The client is a reputed international bank.
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