Operations Expert

Role Description

Candidate should have understanding and experience of Trade finance related regulatory reporting to both internal and external stakeholders (regulators, govt agencies) with accuracy and on timely basis. Namely Interest Equalization statement, Trade Credit, NESL- National E-Governance Services Ltd, Import of gold return, Stressed Asset Reporting SMA reporting1, R returns, FIU-KYC Data, Risk based supervision .

Refer below highlighted details for more reports.

• Knowledge of regulations, FEMA, RBI circulars and Master Directions related to trade products (Exports,Imports, Guarantees, Financing & relevant reporting)
• Handling regulators & government agencies with regards to adhoc investigation/ queries related to trade transactions by bank. (Data collation and drafting of response in coordination with internal stakeholders), EDPMS/IDPMS discussion with Regulators.
• Close coordination with stakeholders (Finance, Business, Product, Compliance, CS, IT, Branch, Backoffice, loan ops,etc to collate data required to be filed at the bank level with regulators and also provide data required / sought by other departments.
• Experience in handling Internal and external audits I.E, RBI audits, Concurrent, Statutory, RBS Tranche I & III, Swift Controls, Group Audits, Internal testing. RBI Inspections, Submissions to RBI on RAR & RMP Observations.
• Working on closure of audit reports, SII, Findings.
• Working with finance on trade related reporting including RWA, Classification of guarantees, Asset liability related data for trade volumes, transfer pricing between group entities.
• Team management and guidance to team on reporting (Daily overdue reporting, LC devolved, BG invoked) and other BAU related queries.
• NPA monitoring and understanding of SMA reporting for trade overdue transactions.
• Experience of automation related to trade reporting, un-serviced interest, NPA.
• Preparation of RBI application for approvals related to export, import, guarantees transactions not falling under RE delegation.
• GST reporting related to Trade finance transaction.
• Vendor Governance (Audit & Ops outsourcing)
• Trade accounts governance Internal, Nostro, working account, A/R, A/P

Your key responsibilities

• Working in the regulatory reporting team, interacting with various stake holders within Trade Finance and also across various departments of the bank.
• Candidate shall be responsible for ensuring accurate and timely filing of various regulatory reports of Trade Finance Operations and leading the team to manage the regulatory support activities.

Your skills and experience

Skills:

• Extremely strong written and verbal communication skills
• Driven and motivated to work under tight timelines
• Extremely diligent and hardworking to efficiently manage deadlines.
• Excellent skills in using MS Office Power point and Excel
• Experience in Trade regulatory reporting, devising MIS, running initiatives within a complex organizational structure and people management experience.

Qualification and experience

• Graduate /Post graduate /MBA/Cas in with an industry experience of about 8 to 12 years is preferable.
• Looking for a candidate with experience in Regulatory reporting, Providing data to RBI during Inspections, Risk and Controls, Trade finance Operations (LC, BG, Import Export docs, Financing, structured products, supplier finance) knowledge.