WBO: TFC - Trade Initiator - ED_IDPMS | AxisBank Job

WBO: TFC -Portfolio Manager or

WBO TFC - Trade Specialist

The Transaction banking operations department helps in managing the transaction in the banks. Transaction Banking (TB) can be defined as the set of instruments and services that a bank offers to trading partners to financially support their reciprocal exchanges of goods (e.g.trade), monetary flows (e.g., cash), or commercial papers (e.g., exchanges)

Trade Finance Center handles the imports & exports transactions such as BG, LC, Collections, Advance Remittances, Open Account Payments, Trade outward Remittances and routing of SWIFT messages.

• Responsible for the scrutiny and verification of relevant documents and also for checking the data entry.
• Ensure Inputting of transactions within stipulated TAT (turn-around time)
• Ensure Error-free entry and transactions and verification of trade & forex transactions
• Ensure Customer satisfaction and nil customer complaints
• Achieve higher productivity and fungibility

Optimal qualification for success on the job is:

• Graduate/ MBA preferred
• Additional Certificate course related to Banking sector

For successful execution of the job, the candidate should possess the following:

• Knowledge of banking products and services
• Knowledge of regulatory guidelines and norms
• Good communication (both verbal and written) skill in both English and the local language
• Ability to manage complex client situations
• Ability to manage risk and uncertainty for self and team within a dynamic priority-setting environment
• Ability to handle pressure and meet deadlines