Job Description
Job Description
Job Title – Specialist – Trade Finance Operations
Business Unit – Operations
Function Unit – Wholesale Banking Operations
Job Purpose:
This role entails responsibility for planning, directing and supervising the activities of staff in Wholesale Banking Operations, ensuring compliance with established procedures and guidelines, delivery of quality internal customer service and protection of the Bank from operational risk.
Roles & Responsibilities:
• Responsible for operational responsibility for non funded instruments such as Letters of Credit, Bank guarantees, Capital Account Transactions and for funded instruments such as export financing, Document checking, CLF, Local Bill Discounting, etc.
• Oversee the effectiveness of the management and the operational integrity of all operations
• Work as an effective business partner in strategizing and driving the implementation of critical operational and regulatory practices for the bank
• Ensure the processes and policies are compliant and streamlined within the Regulatory guidelines
• Strategize and create roadmap for re-engineering business processes to improve customer service, enhance controls and to drive cost effectiveness and accuracy
• Responsible for day-to-day administrative excellence in ensuring smooth functioning for Trade Finance Operations
• Oversee quality initiatives across operations team for optimization of processes in order to improve TAT and upgradation of SLAs
• Employ tools such as automation and digitization to increase process efficiency and scale business
• Foster a market research led culture to drive continuous process improvements by benchmarking against competitor banks
• Manage and monitor business critical metrics and performance indicators by leveraging relevant dashboards and trade analytics
• Budgeting and scheduling resources to ensure best utilization of manpower
Educational Qualifications:
Post Graduate - Any
Experience:
Minimum of 5+ Years of experience in Trade Finance Operations
Job Title – Specialist – Trade Finance Operations
Business Unit – Operations
Function Unit – Wholesale Banking Operations
Job Purpose:
This role entails responsibility for planning, directing and supervising the activities of staff in Wholesale Banking Operations, ensuring compliance with established procedures and guidelines, delivery of quality internal customer service and protection of the Bank from operational risk.
Roles & Responsibilities:
• Responsible for operational responsibility for non funded instruments such as Letters of Credit, Bank guarantees, Capital Account Transactions and for funded instruments such as export financing, Document checking, CLF, Local Bill Discounting, etc.
• Oversee the effectiveness of the management and the operational integrity of all operations
• Work as an effective business partner in strategizing and driving the implementation of critical operational and regulatory practices for the bank
• Ensure the processes and policies are compliant and streamlined within the Regulatory guidelines
• Strategize and create roadmap for re-engineering business processes to improve customer service, enhance controls and to drive cost effectiveness and accuracy
• Responsible for day-to-day administrative excellence in ensuring smooth functioning for Trade Finance Operations
• Oversee quality initiatives across operations team for optimization of processes in order to improve TAT and upgradation of SLAs
• Employ tools such as automation and digitization to increase process efficiency and scale business
• Foster a market research led culture to drive continuous process improvements by benchmarking against competitor banks
• Manage and monitor business critical metrics and performance indicators by leveraging relevant dashboards and trade analytics
• Budgeting and scheduling resources to ensure best utilization of manpower
Educational Qualifications:
Post Graduate - Any
Experience:
Minimum of 5+ Years of experience in Trade Finance Operations
💡 Quick Summary
Seeking a career-building opportunity? The Specialist|Trade Finance Operations 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.