IDFC FIRST Bank—Senior Specialist - Trade Finance Operations

Job description

Description: Job Requirements Role/ Job Title: Senior Specialist – Trade Finance Operations Function/ Department: Wholesale Banking Operations Job Purpose: The incumbent in this role- should be having sound knowledge in CLF Products like Vendor / Dealer Discounting, Factoring , Operating lease, TREDs. Roles & Responsibilities:  Experience in Supply Chain Finance which includes Vendor Financing, Dealer Financing, Factoring, Invoice Discounting, Operating Lease, TReDS, Invoice and Purchase Order Discounting  Responsible to ensure that the transaction complies with all the required Guidelines and Regulatory Requirements under the current RBI guidelines in addition to the bank’s internal policies and procedures  Ensure processing within TATs as prescribed and ensure error free processing. Timely reporting of errors if any  Scrutiny and processing of transactions making and checking in line with prescribed guidelines  Ensure adequate and efficient processing pertaining to various client segments, resolving queries if any on timely basis  Handling of internal reconciliations – office accounts as may be applicable  Ability to drive / implement projects / implementations related to the area. Educational Qualification: Graduate/ Post Graduate Experience: 5 to 10/12 years of experience. Skills: vendor financing, dealer financing, regulatory compliance, factoring, operating lease, rbi guidelines, treds, guarantee issuance, cash management, finance operations, personal branding, core banking system operations, dealer finance, export declarations, problem solving, learning agility, financial analysis, kyc procedures, developing people, client management, fraud detection, bank guarantees, cross-border transactions, communication & influence, transaction processing, process automation, collateral management, currency exchange, digital literacy, project management