Bank Guarantees - Trade Finance Operation

About BNP Paribas India Solutions

Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.

About BNP Paribas Group:

Commitment to Diversity and Inclusion At BNP Paribas

About Business line/Function:

Job Title:

Department

Business Line / Function

Grade: Senior Associate (Functional)

Responsibilities Direct Responsibilities

• Independently review and analyze bank guarantees & SBLC related documentation.
• Accurate booking and authorizing of bank guarantees/SBLC including commission and compliance check
• Ensure all processes comply with relevant laws, regulations, and internal policies and sanctions.
• Guarantee/SBLC 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.
• Serve as a point of contact for clients and stakeholders regarding bank guarantee matters.
• Prepare regular reports on bank guarantee & SBLC activities, highlighting key metrics and trends. • Stay updated on changes in trade finance regulations and best practices.
• Knowledge on URDG and ISP guidelines. Contributing Responsibilities
• Provide guidance and support to junior associates.
• Collaborate with team members to resolve issues and standardize processes.
• Stay updated on changes in trade finance regulations and best practices.
• Conduct periodic reviews of bank guarantees/SBLC and related processes to identify gaps and rectify discrepancies.
• Supporting in clearing the Internal Audit queries

Technical & Behavioral Competencies

• Bachelor’s degree in Finance, Business Administration, or a related field. A master’s degree or professional certifications in trade finance are a plus. Professional certifications in trade finance (e.g., CDCS, CSDG) would be an added advantage.
• 3-7 years of experience in trade finance, with a focus on bank guarantees/SBLC.
• Strong analytical skills and attention to detail.
• Good understanding of regulatory requirements and trade finance systems.
• Effective communication and interpersonal skills. Specific Qualifications (if required) Skills Referential

Behavioural Skills:

Communication skills

Transversal Skills:

Ability to understand, explain and support change Analytical Ability Ability to develop others & improve their skills

Ability to develop and adapt a process

Ability to anticipate business / strategic evolution Education Level:

Bachelor Degree or equivalent Experience Level