Unit Head - Trade Finance Operations - Bank

Client : Large Private Bank

Role : Unit Head - Trade Finance Operations

Location : Mumbai and Hyderabad

Brief Overview :

Leading a team of Trade finance operations professionals.

Team Member would be engaged in enhanced document checking and credit compliance for high risk items of Trade Finance services as per UCPDC, URDG, URC, ISBP guidelines. Examples include:

- Bills against LC

- Bills discounting / Negotiation of Export Bills

- LC confirmation

- LC issuance

Key Responsibilities :

- Suggest the documentation scenarios for structuring of LCs by proactively envisaging the risk mitigants for the Bank while structuring the transaction for the Key Clients.

- Ensure regulatory compliance with extant guidelines as per FEMA, NI Act, PMLA relevant ICC guidelines.

- Carries the hands on experience of litigant documentation issues in Trade Finance.

- Manage and resolve client/business partner escalations on real time basis.

- Monitor and manage key control processes including transaction checklists through regular intervention.

- Authorize dealer approvals for external commercial borrowings, overseas investment in joint venture/wholly owned subsidiary abroad, remittance towards branch office abroad, extension and write off of export bills.

- Handling queries and clarifications related to RBI Inspection and internal audits.

Person Specification :

- Hands on operational experience on issuance of Letter of credit/ advising/bills/discounting/negotiation/forex remittance etc.

- Matured knowledge of industry practices.

- Ability to handle high volume of transactions and stay clam under pressure.