The Trade Finance Officer/Executive in the LCBD department is responsible for managing and monitoring all activities related to Letter of Credit and Bill Discounting (BD). This role demands strong coordination with banks, internal departments, customers, and vendors to ensure the smooth execution of trade finance transactions, compliance with banking requirements, and timely fund management.
Key Responsibilities
- Letter of Credit and Bill Discounting Management: Oversee and manage all activities related to bill discounting processes.
- Coordination: Collaborate effectively with banks, internal departments, customers, and vendors to facilitate trade finance transactions.
- Compliance: Ensure adherence to banking regulations and internal policies related to trade finance.
- Transaction Monitoring: Monitor and track trade finance transactions to ensure timely execution and resolution of any issues.
- Fund Management: Manage funds efficiently to ensure liquidity and availability for trade finance activities.
- Reporting: Prepare regular reports on trade finance activities, highlighting key metrics and performance indicators.
- Problem Resolution: Address and resolve any issues or discrepancies related to trade finance transactions promptly.
Qualifications
- Education: Bachelor’s degree in Finance, Business Administration, or a related field.
- Experience: Minimum of [insert years] years of experience in trade finance or a related field.
- Skills:
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
- Proficiency in financial software and Microsoft Office Suite.
- Knowledge of banking regulations and compliance requirements.
Preferred Qualifications
- Experience with bill discounting and trade finance products.
- Familiarity with international trade regulations and practices.
Work Environment
- Office-based position with potential for remote work flexibility.
- Collaborative work environment requiring teamwork and coordination across departments.
Pay: ₹450,000.00 per year
Benefits:
Work Location: In person
