Job Purpose

The incumbent will be responsible for processing Payments, Fund Transfer both USD and local currency under IRU as per Bank’s internal policies, SOP’s/OPM’s/ADM’s as well as relevant ICC guidelines applicable and authorizing/inputting the transactions in the processing system. The coverage will be all the areas of Trade Finance for various business segments

Key Result Areas

• All processing should be as per SOP/OPM’s and UCP/ISBP/URC as applicable and charges recovery to be as per the extant guidelines.

• Handle payment messages such as MT103, 202 both incoming and outgoing

• Knowledge in CHIPS and FED payments and SWIFT investigations

• Responsible for authorizing/inputting transactions into the system and prepare/authorize relevant SWIFT messages

• Ad-hoc tasks given by the Team Head

• Ensure errors/knowledge gaps are shared with line manager/team to address customer service issues.

• No revenue leakage

• No outstanding reconciliation entries pending in Nostro or Internal accounts.

Knowledge, Skills and Experience

• Bachelor's Degree

• Relevant working experience in Trade Operations

• Experience in handling cross border Payments including expert level knowledge of MT 100 series, MT 200 series and MT 700 series is a must.

• Strong communication skills and interpersonal skills

• Proficiency in MS Office (Word and Excel)

• Attentive to details, strong analytical skills and interpersonal skills

• Able to work under pressure, have excellent organizational skills and good team player.

Behavioral Competency

S. No

Competency

Level 1 - 4 (1- Basic; 4 Sr Managerial)

Analytical Thinking

3

Customer Focus

4

Commitment to results

4

Attention to detail & Quality

4

Interpersonal Relationships

4