Documentary Trade Operator

Job Title: Documentary Trade Operator

Corporate Title: Associate

Location: Mumbai, India

Role Description

• Documentary Trade Analyst is responsible for the processing of requests and documents received by the bank under a Letter of Credit or Documentary Collection or Guarantee/Standby Letter of Credit. Work includes.

• Managing and planning the import process by processing customs documentation

• Vetting Guarantee/Standby Letters of Credit

• Controlling all documentation related to export and import bills

• Capturing data from related documents and inputting it into the trade finance processing platform

• Mitigating operation and regulatory risks

What we’ll offer you

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy,

• Best in class leave policy.

• Gender neutral parental leaves

• 100% reimbursement under childcare assistance benefit (gender neutral)

• Sponsorship for Industry relevant certifications and education

• Employee Assistance Program for you and your family members

• Comprehensive Hospitalization Insurance for you and your dependents

• Accident and Term life Insurance

• Complementary Health screening for 35 yrs. and above

Your key responsibilities

• Centralized Trade Finance Operations (FEMA checks) for IPB clients – covering Imports, Exports, Bank Guarantees, LC and current and future Financing products.

• Responsible for day-to-day transactions and their delivery within pre-defined TAT.

• Having good knowledge of RBI Guidelines (Import & Exports), UCP600, URC522, ISPB98, URR725, INCOTERM2020 etc.

• Ensure that transaction processing in compliance with Regulatory and Bank's policies and procedures and standards.

• Allocation of work to the team and tracking of completion of the same.

• Handling of Export finance i.e., Packing Credit and Post shipment finance procedures.

• To resolve queries with regards to trade transactions.

• Ensure timely closures of regulatory mandates like EDPMS/IDPMS closure, tracking Merchanting Trade Transactions.

• Act as co-ordinator with Branch and Delivery Hub to ensure smooth and timely processing of Trade transactions for IPB Clients.

• Support Audit, regulatory process in co-ordination with central regulatory team.

• Devising MIS / analysis for Business to improvise TAT and process automation.  

• Maintenance of transaction records, Customer pricing and Bank masters in trade system.

• Conducting training for new joiners and regular updates to team with regards to changes in process or guidelines.

Your skills and experience

• Should have 5+ Years relevant experience.

• Good communication skills.

• Good command over MS Office and typing skills.

• Sound knowledge in Trade Operations and Systems.

• Familiar with AML, Red flag, Sanction related terms and guidelines.

• Ready to accept the change and challenges.

• A good team player who can collaborate with team members and ensure seamless processing.

• Strong analytical and problem-solving skills on transaction and system processing.

Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.

How we’ll support you

• Training and development to help you excel in your career.

• Coaching and support from experts in your team.

• A culture of continuous learning to aid progression.

• A range of flexible benefits that you can tailor to suit your needs.

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.html

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.