Trade Finance Operations Specialist
Posted Updated
Description
We are seeking a skilled Trade Finance Operations Specialist to join our team in the Mumbai Region, Maharashtra. The ideal candidate will have a strong background in trade finance operations, with expertise in various financial instruments such as letters of credit, bank guarantees, and external commercial borrowing. This role is crucial for ensuring the smooth execution of trade finance transactions and compliance with internal and external regulations.
Key Responsibilities:
- Manage and oversee trade finance operations, ensuring timely processing of letters of credit, bank guarantees, and remittances.
- Conduct thorough audits of trade finance transactions to ensure compliance with regulatory requirements and internal policies.
- Collaborate with internal teams and external stakeholders to facilitate merchant trade and optimize trade finance solutions.
- Monitor and analyze forex transactions and their impact on trade finance operations.
- Provide support in the preparation of reports related to trade finance activities and performance metrics.
- Stay updated on industry trends and regulatory changes affecting trade finance operations.
Required Skills:
- Strong knowledge of trade finance operations and instruments, including letters of credit and bank guarantees.
- Proficiency in forex and remittance processes.
- Experience with internal audit and trade finance audit practices.
- Familiarity with TReDS (Trade Receivables Discounting System) and ECB (External Commercial Borrowing) regulations.
- Excellent analytical and problem-solving skills.
- Strong communication and interpersonal skills to work effectively with various stakeholders.
If you are a dedicated professional with a passion for trade finance and a commitment to excellence, we encourage you to apply for this exciting opportunity.