Maker / Checker - Bank Guarantee - Trade Finance Operations

1 - 6 years

3 - 5 Lacs

Posted:2 months ago| Platform: Naukri logo

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Work Mode

Work from Office

Job Type

Full Time

Job Description

Roles and Responsibilities:

  • Practicing standards such as URDG 758, ISP 98, Bank Guarantee and Co acceptance for effective Trade functioning
  • Processing & Validating BG transactions like Issuance, Amendments, Cancellation, Invocation
  • Processing Bank guarantee Text Vetting
  • Handling Inward Guarantee SWIFT/SFMS messages and responding to respective foreign/Indian banks via SWIFT/SFMS
  • End To End follow up with various stake holders related to BG transactions and reconciliation on Nostro/Vostro, Bank internal GL entries
  • Ensuring effective compliance and operational risk management across entire process chain
  • Scrutinizing and auditing transactions to monitor Money laundering activities
  • Adhering to all regulations framed by RBI to have avoid money laundering practice
  • Ability to handle all types of SWIFT Messages.
  • Awareness of the trade facilities and customer trade cycles
  • Good knowledge of the systems/ applications used in Trade processing

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Yes Bank logo
Yes Bank

Banking and Financial Services

Mumbai

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