Asst Manager Trade Mid Office|Trade Mid Office Associate

💰 ₹18,000 - ₹28,800 (Est.) 📍 Pune

Job Description

Job Description

The health and safety of our employees and candidates is very important to us. Due to the current situation related to the Novel Coronavirus (COVID-1+), we’re leveraging our digital capabilities to ensure we can continue to recruit top talent at HSBC. As your application progresses, you may be asked to use one of our digital tools to help you through your recruitment journey. If so, one of our Resourcing colleagues will explain how our video-interviewing technology will be used throughout the recruitment process and will be on hand to answer any questions you might have.

Some Careers Open More Doors Than Others.

If you’re looking to unlock new job opportunities, take a look at the possibilities right on your doorstep here at HSBC.

Global Trade and Receivables Finance comprises over 4,500 people across more than 60 countries, helping suppliers and buyers with their export and import finance needs. Trade is where HSBC began in 1865, when we financed commerce between Europe, North America and Asia.

We are currently seeking an experienced professional to join the Commercial Banking - GTRF Guarantee team.

Principal Responsibilities -
• Scrutinizing all the GTE documents submitted for processing which include fresh issuance, extension, extend or pay, commission recovery and cancellation.
• Liaising with clients for any clarifications on documentation.
• MIS / Reporting for Internal /External teams.
• Monitoring the Daily Action reports and ensure that no due date payment is missed out.
• Follow up with Correspondent Bank for all the pending Commission for Inward Cross Border Desk.
• Scrutinize the Nostro accounts on a daily basis on receiving inputs from FCD to check thoroughly all the entries originated by GTRF and resolve the differences on a timely basis by liaising with appropriate parties viz., banks, clients, counter parties of clients, etc.
• The job holder also interfaces with Clerical staff in terms of getting transactions captured on the system. The incumbent is also tasked with observance of AML and Sanctions related as well as other Internal guidelines, besides being a familiar with the Indian Regulatory framework given that Guarantees are being issued to Beneficiaries outside India.
• The job holder is also responsible for liaising with Concurrent Auditors, providing them with all relevant information and resolving their queries.
• Balance all related Suspense accounts.
• Respond to client queries promptly and ensure agreed TATs are met.
• Ensure all internal/external reporting is done within deadlines.

Requirements

Bachelor of Commerce with MBA or CA with 2-3 years of experience in Credit Administration, Banking Operation preferably in Guarantee/Trade.

Additional Information

The GCB 6 or GCB 7 will be offered depending on the selected candidate's skill and

💡 Quick Summary

Seeking a career-building opportunity? The Asst Manager Trade Mid Office|Trade Mid Office Associate position is now open for candidates interested in the Bank Jobs sector. This role in Pune offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.

Sponsored

Job Details

Company Name: Hsbc

Frequently Asked Questions

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The expected salary for Asst Manager Trade Mid Office|Trade Mid Office Associate in Pune is ₹18,000 - ₹28,800 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Asst Manager Trade Mid Office|Trade Mid Office Associate is an on-site position based in Pune. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Asst Manager Trade Mid Office|Trade Mid Office Associate. Previous experience in Bank Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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