Trade Operations Officer

Mizuho Global Services Pvt Ltd (MGS) is a subsidiary company of Mizuho Bank, Ltd, which is one of the largest banks or so called Mega Banks of Japan. MGS was established in the year 2020 as part of Mizuhos long-term strategy of creating a captive global processing centre for remotely handling banking and IT related operations of Mizuho Bank’s domestic and overseas offices and Mizuho’s group companies across the globe.

At Mizuho we are committed to a culture that is driven by ethical values and supports diversity in all its forms for its talent pool. Direction of MGS’s development is paved by its three key pillars, which are Mutual Respect, Discipline and Transparency, which are set as the baseline of every process and operation carried out at MGS.

What’s in it for you?

• Immense exposure and learning
• Excellent career growth
• Company of highly passionate leaders and mentors
• Ability to build things from scratch

Know more about MGS:

• https://www.mizuhogroup.com/asia-pacific/mizuho-global-services

Trade Finance & SWIFT Payments Operations Specialist

Location: Ghansoli, Navi Mumbai

Experience Required:5 to 15 years in Trade Finance & SWIFT Payments Operations

Job Summary:

The Senior Trade Finance & SWIFT Payments Operations Specialist will be responsible for end-to-end processing of trade finance transactions with a primary focus on SWIFT payments (MT102, MT202), ISO 20022, and trade-related payments. This role demands deep expertise in SWIFT messaging, trade payments processing, and compliance, along with comprehensive knowledge of documentary credits, collections, reimbursements, and discounting. The specialist will ensure all transactions are executed accurately, efficiently, and in accordance with regulatory and internal standards.

Key Responsibilities:

• Process and Authorize SWIFT Payment Transactions:

• Handle and verify high-value SWIFT payments (MT102, MT202, MT103, MT202COV, pacs.008, pacs.009, etc.) related to trade finance.
• Ensure accurate preparation, review, and authorization of SWIFT messages for trade settlements and reimbursements.
• Oversee ISO 20022 payment message processing and participate in related migration initiatives.

• Trade Finance Transaction Processing:

• Manage end-to-end processing of Import & Export Letters of Credit, Documentary Collections (DP/DA), Reimbursements, and Discounting transactions.
• Oversee payments under trade instruments, including export/import bills, LC issuances, amendments, and document checking as per UCP600, ISBP 821, and URC 522 guidelines.

• Compliance & Risk Controls:

• Ensure all SWIFT and trade transactions comply with AML, sanctions, and internal compliance requirements.
• Conduct thorough sanctions screening and maintain strong risk controls for all payment and trade finance operations.

• Operational Excellence:

• Meet internal SLAs and maintain high standards of accuracy and efficiency.
• Liaise with internal and external stakeholders to resolve payment or trade transaction issues promptly.

Preferred Qualifications, Capabilities, and Skills:

• SWIFT & Payments Expertise:

• In-depth knowledge of SWIFT MT payment message types (MT102, MT103, MT202, MT202COV, MT700, MT742, MT799, MT999, etc.) and ISO 20022 standards (pacs.008, pacs.009).
• Hands-on experience in end-to-end trade payments processing, including settlements, reimbursements, and discounting.

• Trade Finance Knowledge:

• Strong technical expertise in Documentary Credits, Collections, and Reimbursements.
• Thorough understanding of UCP600, ISBP 821, URR 725, and URC 522.

• Analytical & Communication Skills:

• Ability to quickly understand complex payment and trade finance issues and apply sound judgment.
• Excellent analytical skills and verbal communication in English.

Preferred Education, Certifications, and Systems:

• Graduate/Postgraduate in Commerce, Finance, or Banking.

• CDCS/CITF certification preferred.

• Proficiency in MS Office and Trade Finance systems (e.g., Exim bills, Finacle, MTS, etc.).

mgs.rec@mizuho-cb.com

Current CTC (Fixed + Variable) :

Expected CTC :

Experience :

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Residential location in Mumbai :

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