Job Description
Handling of trade Finance, LC Reimbursement and loan related transactions, processed by Centralized Operations, Dubai as per SOP in order to facilitate error free and value added services to our customers within established and agreed turnaround time with ensuring compliance with regulatory guidelines as also banks internal policies.Backup for Senior Officer Trade Finance in his absence.AlternateBack up for the receipt, distribution and dispatch of the post and courier. Back up for input data for client services department.
• Handling of matters and transactions related to Trade Finance, LC Reimb. And / or Loans accurately and efficiently to ensure compliance with Standard Operating Procedure and Service Delivery Standards.
• Discuss with Senior/Officer, Trade Finance and contact customers / correspondents to seek clarification about the instructions / contents of the LCs/documents before their processing to minimize rework and errors.
• Adherence to all policies, procedures, local laws and regulations while handling all the transactions / matters related to the Trade Finance like LCs/ Amendments, Documents, etc.
• Liaison with Centralized Operations, Dubai to provide them assistance in processing and handling transactions and customers matters properly and promptly.
• Coordination with customers in advising, reviewing and discussing their LCs, documents , discrepancies and payments/charge to provide them seamless services within the agreed TAT.
• Maintain and update documents, correspondence and the other record systematically to ensure efficient retrieval of the same.
• Identify bugs/flaws and propose improvement in operating systems and procedure to enhance efficiently.
• Applying thorough knowledge of Trade Finance, LC Reimb. The loans process flow as well as operating systems, and SWIFT to perform assigned job efficiently, avoid reworking while minimizing errors / complaints and any audit and/ or examinations exceptions.
• Scanning of mail/telex/fax LCs, Amendments, Reimb. Claims and Documents presented, to Centralized Operations, Dubai Strictly according to the procedure and agreed SDS, thus ensuring un-interrupted / prompt services to our customer.
• Review and consolidate statements/ reports, arrange MIS with accuracy and timely submission.
• Make courtesy call to the beneficiary Trade Finance team for our prompt and good service and encourage them to provide more business making sure that they are happy with our service also chase operation for any urgent processing as beneficiary request.
• Check the old record and search for the valued exporters check if there is bid gap between two L/C for marketing purposes.
• Strong key board and PC skills.
• Experience on accounts reconciliation
• Thorough knowledge of basic banking, trade finance, UCP/URR & loan admin.
• At least 5 years experience in the related fields.
• Fully conversant with the operating systems including sending messages through SWIFT.
• Conversant with Payments processing.
• Strong key board, PC and Microsoft office skills, including emails/internet.
• Organization, prioritization and communication skills.
The leading financial institution in MENA
While more than half a century old, we proudly think like a challenger, startup, and innovator
in banking and finance, powered by a diverse and dynamic team who put customers first.
Together, we pioneer key innovations and developments in banking and financial services.
Our mandate? To help customers find their way to Rise Every Day, partnering with them through
the highs and lows to help them reach their goals and unlock their unique vision of success.
Delivering superior service to clients by leading with innovation, treating colleagues with dignity and fairness while pursuing opportunities that grow shareholders value.
We actively contribute to the community through responsible banking in our mission to inspire more people to Rise.
• Handling of matters and transactions related to Trade Finance, LC Reimb. And / or Loans accurately and efficiently to ensure compliance with Standard Operating Procedure and Service Delivery Standards.
• Discuss with Senior/Officer, Trade Finance and contact customers / correspondents to seek clarification about the instructions / contents of the LCs/documents before their processing to minimize rework and errors.
• Adherence to all policies, procedures, local laws and regulations while handling all the transactions / matters related to the Trade Finance like LCs/ Amendments, Documents, etc.
• Liaison with Centralized Operations, Dubai to provide them assistance in processing and handling transactions and customers matters properly and promptly.
• Coordination with customers in advising, reviewing and discussing their LCs, documents , discrepancies and payments/charge to provide them seamless services within the agreed TAT.
• Maintain and update documents, correspondence and the other record systematically to ensure efficient retrieval of the same.
• Identify bugs/flaws and propose improvement in operating systems and procedure to enhance efficiently.
• Applying thorough knowledge of Trade Finance, LC Reimb. The loans process flow as well as operating systems, and SWIFT to perform assigned job efficiently, avoid reworking while minimizing errors / complaints and any audit and/ or examinations exceptions.
• Scanning of mail/telex/fax LCs, Amendments, Reimb. Claims and Documents presented, to Centralized Operations, Dubai Strictly according to the procedure and agreed SDS, thus ensuring un-interrupted / prompt services to our customer.
• Review and consolidate statements/ reports, arrange MIS with accuracy and timely submission.
• Make courtesy call to the beneficiary Trade Finance team for our prompt and good service and encourage them to provide more business making sure that they are happy with our service also chase operation for any urgent processing as beneficiary request.
• Check the old record and search for the valued exporters check if there is bid gap between two L/C for marketing purposes.
• Strong key board and PC skills.
• Experience on accounts reconciliation
• Thorough knowledge of basic banking, trade finance, UCP/URR & loan admin.
• At least 5 years experience in the related fields.
• Fully conversant with the operating systems including sending messages through SWIFT.
• Conversant with Payments processing.
• Strong key board, PC and Microsoft office skills, including emails/internet.
• Organization, prioritization and communication skills.
The leading financial institution in MENA
While more than half a century old, we proudly think like a challenger, startup, and innovator
in banking and finance, powered by a diverse and dynamic team who put customers first.
Together, we pioneer key innovations and developments in banking and financial services.
Our mandate? To help customers find their way to Rise Every Day, partnering with them through
the highs and lows to help them reach their goals and unlock their unique vision of success.
Delivering superior service to clients by leading with innovation, treating colleagues with dignity and fairness while pursuing opportunities that grow shareholders value.
We actively contribute to the community through responsible banking in our mission to inspire more people to Rise.
💡 Quick Summary
Seeking a career-building opportunity? The Bank Jobs position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai 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.