Trade Finance Operations Analyst

Job Title :

Trade Finance Operations - Bank Guarantee Process

Must have Skills : - Bank Guarantees, Trade finance Operations

Exp. : - 4 -8 years

Position Purpose

This role will support the vetting and booking of bank guarantees and SBLC under the guidance of senior team members. This role requires basic knowledge of trade finance products and attention to detail.

Direct Responsibilities

• Assist in the review and analysis of bank guarantees and related documentation.
• Accurate booking and authorizing of bank guarantees including Guarantee commission and compliance check
• Ensure all processes comply with relevant laws, regulations, and internal policies and sanctions.
• Guarantee Commission management which includes Commission Booking, Sending Tracer, Monitoring of Receivables / Accrual / PnL and Reconciliation of accounting entries & related accounts.
• To ensure that transactions processed with in specified Turn-Around-Time.
• Ensure that transaction processed as per Site-specific Standard Operating Procedures (SOPs) and highlight any procedural modifications in SOPs wherever required.
• Ensure KPI is maintained below the site specific KPI’s for Errors and incident.
• Ensure adherence to internal guidelines and compliance aspects with Zero tolerance policy.
• Coordinate with internal departments to ensure the timely and accurate processing of bank guarantees.
• Ability to handle high volumes without compromising on accuracy in processing.

Contributing Responsibilities

Technical & Behavioral Competencies