Job Description
Job Profile:
Documentary Trade Sr
Analyst Location:
Bangalore Minimum 5 Years Experience
Job Description Summary:
The Documentary Trade Analyst is accountable for the processing of requests and documents, received by the bank under a Letter of Credit or Documentary Collection or Guarantee/Standby Letter of Credit.
They may process requests and documents such as:
Letters of Credit:
Issuance of Import Letters of Credit, Advising of Export Letters of Credit, Booking and Settlement of Export and Import bills under Letters of Credit
Documentary Collections:
Verification of Collection documents, Booking and Settlement of Collection Export and Import Bills.
• Guarantee or Standby Letters of Credit (SBLC)
Expert:
Vetting of Guarantee/ Standby Letter of Credit Text, Issuance, Advising, Scrutiny and Book-Off of Guarantees or Standby Letter of Credit.
This involves understanding the customers'/banks' instructions relating to the Letter of Credit or Documentary Collection or Guarantee/Standby Letter of Credit and capturing the data from the documents into the trade finance processing platform.
They are also responsible for the mitigation of Operational and Regulatory risks observed during the verification or processing of Letters of Credit or Documentary Collections or Guarantees/ Standby Letter of Credit (SBLCs) and related documents, by providing control measures.
The Documentary Trade Analyst also manages internal stakeholders by adhering to agreed Service Level Agreements (SLAs) and manages customer requirements.
JustificationJustification"Critical Replacement
• Which Role - Associate in Trade Finance @ Delivery Hub in India supporting Document Checking for Germany market.
• Why is it Urgent - Turn around Time expected is 3 hours. Commitment to clients to provide document checking results within the agreed KPI following Strict OFAC/EU sanction guidelines, enhanced risk assessments (Transaction monitoring) and also adherence to regulatory requirements is required which requires extensive training.
• Which Clients are impacted ? All Corporate, Investment & Private Bank clients
• Risk if we don't get it approved - Non delivery in terms of KPI to clients will result reputational damage and loss of revenue."Hiring Requirements.[Details of the Role and how it fits into the teamIt's a popular perception that 'if you have experience in Trade Finance Operations, you are never out of job'. We handle multiple products like Letter of Credit, Collections, Bank Guarantees etc. Depending on your appetite to learn, you will get enough opportunities to learn multiple products/processes. The learning never ends in Trade Finance Operations. Our subject matter experts will ensure that you get the necessary training on the products and processes.
What we'll offer youAs part of our flexible scheme, here are just some of the benefits that you'll enjoyBest in class leave policyGender neutral parental leaves100% reimbursement under child care assistance benefit (gender neutral)Sponsorship for Industry relevant certifications and educationEmployee Assistance Program for you and your family membersComprehensive Hospitalization Insurance for you and your dependentsAccident and Term life InsuranceComplementary Health screening for 35 yrs.
and aboveYour key responsibilities Day to day management of Process Service DeliveryServe as Internal/external escalation pointServe as technical operational expert for queries from clients/team members etc.
Monitoring and controlling workflowsSpearhead various process improvement initiativesEnsuring closure of tasks within prescribed SLAsIdentifying operational risks proactively and mitigating appropriately.
Offering guidance with individual and team challengesEffective MultitaskingEffective Delegation to direct reportsEnsure structured upward & downward communicationAssist with recruitment and training processSupervise and manage development of team membersDrive projects and efficiency initiativesEnsure adequate back-ups created for all critical positions and assist other teams during contingencies (Staff shortage, high volumes etc).Work very closely with the process owners/stakeholders and other internal clients for overall growth of the bank's business.
Your skills and experiencePossesses adequate understanding of Trade related rules and guidelines as commissioned by ICC (ICC/UCP/URC etc)Good understanding of legal, credit and operational risks in handling of Trade product/servicesGood communication skills (oral and written)Flexible to work in late night shifts.
CDCS Certification is an added advantageHow we'll support youTraining and development to help you excel in your careerCoaching and support from experts in your teamA culture of continuous learning to aid progressionA range of flexible benefits that you can tailor to suit your needsAbout us and our teamsPlease visit our company website for further
Documentary Trade Sr
Analyst Location:
Bangalore Minimum 5 Years Experience
Job Description Summary:
The Documentary Trade Analyst is accountable for the processing of requests and documents, received by the bank under a Letter of Credit or Documentary Collection or Guarantee/Standby Letter of Credit.
They may process requests and documents such as:
Letters of Credit:
Issuance of Import Letters of Credit, Advising of Export Letters of Credit, Booking and Settlement of Export and Import bills under Letters of Credit
Documentary Collections:
Verification of Collection documents, Booking and Settlement of Collection Export and Import Bills.
• Guarantee or Standby Letters of Credit (SBLC)
Expert:
Vetting of Guarantee/ Standby Letter of Credit Text, Issuance, Advising, Scrutiny and Book-Off of Guarantees or Standby Letter of Credit.
This involves understanding the customers'/banks' instructions relating to the Letter of Credit or Documentary Collection or Guarantee/Standby Letter of Credit and capturing the data from the documents into the trade finance processing platform.
They are also responsible for the mitigation of Operational and Regulatory risks observed during the verification or processing of Letters of Credit or Documentary Collections or Guarantees/ Standby Letter of Credit (SBLCs) and related documents, by providing control measures.
The Documentary Trade Analyst also manages internal stakeholders by adhering to agreed Service Level Agreements (SLAs) and manages customer requirements.
JustificationJustification"Critical Replacement
• Which Role - Associate in Trade Finance @ Delivery Hub in India supporting Document Checking for Germany market.
• Why is it Urgent - Turn around Time expected is 3 hours. Commitment to clients to provide document checking results within the agreed KPI following Strict OFAC/EU sanction guidelines, enhanced risk assessments (Transaction monitoring) and also adherence to regulatory requirements is required which requires extensive training.
• Which Clients are impacted ? All Corporate, Investment & Private Bank clients
• Risk if we don't get it approved - Non delivery in terms of KPI to clients will result reputational damage and loss of revenue."Hiring Requirements.[Details of the Role and how it fits into the teamIt's a popular perception that 'if you have experience in Trade Finance Operations, you are never out of job'. We handle multiple products like Letter of Credit, Collections, Bank Guarantees etc. Depending on your appetite to learn, you will get enough opportunities to learn multiple products/processes. The learning never ends in Trade Finance Operations. Our subject matter experts will ensure that you get the necessary training on the products and processes.
What we'll offer youAs part of our flexible scheme, here are just some of the benefits that you'll enjoyBest in class leave policyGender neutral parental leaves100% reimbursement under child care assistance benefit (gender neutral)Sponsorship for Industry relevant certifications and educationEmployee Assistance Program for you and your family membersComprehensive Hospitalization Insurance for you and your dependentsAccident and Term life InsuranceComplementary Health screening for 35 yrs.
and aboveYour key responsibilities Day to day management of Process Service DeliveryServe as Internal/external escalation pointServe as technical operational expert for queries from clients/team members etc.
Monitoring and controlling workflowsSpearhead various process improvement initiativesEnsuring closure of tasks within prescribed SLAsIdentifying operational risks proactively and mitigating appropriately.
Offering guidance with individual and team challengesEffective MultitaskingEffective Delegation to direct reportsEnsure structured upward & downward communicationAssist with recruitment and training processSupervise and manage development of team membersDrive projects and efficiency initiativesEnsure adequate back-ups created for all critical positions and assist other teams during contingencies (Staff shortage, high volumes etc).Work very closely with the process owners/stakeholders and other internal clients for overall growth of the bank's business.
Your skills and experiencePossesses adequate understanding of Trade related rules and guidelines as commissioned by ICC (ICC/UCP/URC etc)Good understanding of legal, credit and operational risks in handling of Trade product/servicesGood communication skills (oral and written)Flexible to work in late night shifts.
CDCS Certification is an added advantageHow we'll support youTraining and development to help you excel in your careerCoaching and support from experts in your teamA culture of continuous learning to aid progressionA range of flexible benefits that you can tailor to suit your needsAbout us and our teamsPlease visit our company website for further
💡 Quick Summary
Seeking a career-building opportunity? The Documentary Trade Sr| Analyst position is now open for candidates interested in the Bank Jobs sector. This role in Bangalore 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.
