Senior Associate Operations-REF94477K

Job Description: Trade Finance Payments & Nostro Reconciliation SpecialistRole OverviewThe Trade Finance Payments Specialist is responsible for end-to-end processing verification and settlement of all Trade Finance-related payments. The role ensures accurate execution of LC payments IBC settlements loan repayments invoice financing disbursements open account payments and timely completion of Nostro reconciliations. The position requires strong operational accuracy compliance awareness and coordination with internal and external Responsibilities1. Trade Finance Payment ProcessingProcess and verify payments related to:Letters of Credit (LCs) including import and export LC settlements acceptance payments and Bills for Collection (IBC) checking documents confirming due dates and executing payments to Settlements handling trade loans (buyer loans supplier loans usance loans pre/post-shipment finance) and ensuring on-time Financing disbursing funds for approved invoice finance/receivable finance Account Payments ensuring payments are processed accurately based on customer instructions and SWIFT messages (MT103 MT202 MT202COV MT400-499 where applicable).Ensure accurate booking of trade finance transactions in the core banking and trade currency conversions value dating and charge applications correctly.2. Compliance & Risk ControlsConduct all required checks: sanctions screening AML alerts regulatory validations and customer due adherence to internal policies ICC rules (UCP 600 URC 522 URR 725) and regulatory discrepancies payment delays or risk-related observations promptly.3. Nostro ReconciliationsPerform daily Nostro account reconciliations for trade-related and resolve unmatched items pending entries and with Treasury Banks and Correspondents to clear outstanding and report age-wise recon items and ensure timely closure.4. Coordination & Stakeholder ManagementLiaise with Relationship Managers Trade Operations Treasury Compliance and external to queries on payment status charges returns or customer escalations and ensure service level adherence.5. Documentation & Record ManagementMaintain accurate and audit-ready records for all payment timely filing system updates and archival as per policy.6. Process ImprovementIdentify gaps in payment workflows and contribute to process automation digitisation and control-strengthening initiatives.

Qualifications :

Required Skills & CompetenciesStrong understanding of Trade Finance products: LC Collections Loans Invoice Financing and Open Account knowledge of SWIFT payment formats and banking of Nostro reconciliation with ICC rules and trade attention to detail and ability to manage time-sensitive analytical and problem-solving communication and stakeholder & QualificationsBachelors degree in Commerce/Finance/Business or related fields.24 years of experience in Trade Finance Operations or Payments to SWIFT Trade Systems and Core Banking Systems preferred.

Remote Work :

No

Employment Type :

Full-time