SMBC - Assistant Manager - Trade Finance Operations

Sumitomo Mitsui Banking Corporation is a Japanese multinational banking and financial services company headquartered in Tokyo, Japan. It is a wholly owned subsidiary of Sumitomo Mitsui Financial Group. SMBC is the second largest bank in Japan by asset.

SMBC has been present in India since 2012 as a Scheduled Commercial Bank.

The incumbent will be a part of the Operations Department at Sumitomo Mitsui Banking Corporation.

The incumbent will be responsible for handling Trade transactions including documentation for imports & exports. Details of their responsibilities include:

- To process all types of import payments under LC.

- To process Direct / Advance import payments.

- Processing of LC issuance & LC amendments (FCY / Local)

- To process operations related to LC transfer.

- Adding confirmation to LCs.

- Keeping record of bill of entries, sending reminders, issuing acknowledgements

- Preparation of SWIFTS messages.

- Generating statement / advices and any other transaction statements or certificate as per customer request or as per internal or statutory compliance requirement.

- Preparation and confirmation of all import related data for RBI and other authorities.

- Preparation of balance confirmation.

- Operations related to Buyer's & Supplier's credit.

- Operations related to ECB loans

- Keeping track of maturities related to all types of import payments

- Filing of documents. Arranging and maintaining all files properly.

- Keeping and maintaining registers related to assigned work area.

- Other work allocated by the management.

Skills required:

- Must have excellent written and verbal communication skills

- Must have strong knowledge of Payment systems like NEFT, RTGS and Foreign Remittances.

- Must have multitasking abilities

- Candidate must be able to work in a dynamic high pressure environment