Trade operations and check processing - Freshers Min 6M experience required Hyderabad - US shift
Trade operations and check processing - Freshers Min 6M experience required Hyderabad - US shift
Posted on :
27-11-2023
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1 Vacancy
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Job Description
Trade Operations and Cheque Processing PE
About the Client
we have retained with CMMI level client with the position of Banking operations for the level of SPE
Client is a global IT solutions company specializing in delivering simple and scalable solutions to address complex
business problemsMore than staff delivers technical and domain expertise across multiple platforms and industries
to help enterprise companies drive productivity efficiency and gain the most out of their technology investments
What is the opportunity
This position is expected to provide support for all related processing of documentation and
administration of all Trade related products (Guarantees Letters of Credit Documentary
Collections)
What will you do
Execute data upload for migration of trade instruments into the Trade system
Provide service in all aspects of the Trade Finance operational workflow including the
completion of Letters of Credit Guarantees and Documentary Collections and ensuring
service delivery standards are met or exceeded
Track service gaps/client impact errors performing root cause analysis as required closing
gaps improving service and optimizing operational efficiency
What do you need to succeed
Must have
Working knowledge of ICC rules (UCP ISP URDG ISBP)
Strong organizational & decisionmaking skills
Technical aptitude and system documentation proficiency
Nicetohave
Knowledge of SWIFT payment and L/C message types (MT and series)
Trade processing software such as Trade
Fluency in French verbal and writing skills
Previous Customer Service experience
Location Hyderabad Work from office and US shift
Experience Months
Key of Responsibility
Generations of Business Object report on a daily basis Follow up of Payment etc
Follow up For Payment/Past Due Obligations from Letter of Credit Opening Bank
To ensure that tracers (Acceptance/Payment) are properly sent
Scrutiny of Bills
Authorization of the bills inputted for all events
Raising/Tracking for Exception approval
To ensure that discrepancy message regarding documents if any is properly conveyed to the client
Tracking of rate of interest/handling charges etc approvals for discounting of Bills
In case Acceptance received has single signature Branch Visit Report (BVR) needs to be performed
Monitoring SMFS Acceptance For physical acceptance need to arrange/check for signature verification
Telephonic verification of acceptance which are received through courier/post
Tracking of Post Due Obligation Bills
Maintaining Margin money details
Motioning of General Ledger Consistency report for the entries posted in Flexcube Corporate and Flexcube core system
Remitting Funds through RTGS/NEFT for Inland payment Conduct client meetings as mandated
Refund of Interest in case of preponed payments post proper check If client claims
To ensure proper safe keeping of documents
Maintaining of tracker for signature verification of banks and Bank Visit Report (BVR) expiry proactively get the fresh Signature Verification and BVR done prior to expiry Periodic physical verification of Direct Recourse Under Letter of Credit Outstanding Documents
To ensure that processes are followed properly
Ensure complete immediate response to client queries
Cheque, Trade
Employment Type
Full Time
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