To scrutinise trade documents and raise requests for trade transactions to be processed by Trade Services Unit, ICICI Bank Limited, India – our Outsourced Service Provider for trade transactions.
Carry out the running of the day-to-day processing for trade finance related activities such as letters of credit advising and/ or confirmation, bills discounting, bills rediscounting, import letters of credit issuance, import bills, banker’s guarantees, export bills and purchase of trade assets
Liaise with clients, RM & CSM for resolution of discrepancies raised by TSU and monitor transaction closure.
Coordinate with Service Provider, Trade Services Unit (TSU), in carrying out trade finance processing.
Ensure collection of all fees involved in Trade Finance related activities such as LC fees, participation fees, etc. and ensure proper settlement of such fees
Ensure timely and accurate application of funds for settlement of import bills and realization of export bills.
Responsible for the safe-keeping of trade finance documentation.
Responsible for scanning of facility documents in safe custody system.
Responsible for scanning AML/ KYC documents, relating to on boarding banks, to COPS for doing AMLOCK checks.
Maintain close communication with internal customers such as Corporate and Institutional Banking, Credit & Compliance, Treasury, Finance, etc.
Assist in providing ad-hoc MIS and regulatory reporting
SOX attester performing testing and walkthrough activities annually.
Any other relevant task or project as assigned by the Reporting Manager
Minimum 2 years of relevant banking experience
