08 Aug
|
Mizuho
|
Chennai
Mizuho Global Services Pvt Ltd (MGS) is a subsidiary company of Mizuho Bank, Ltd, which is one of the largest banks, also called a Mega Bank of Japan. MGS was established in the year 2020 as part of Mizuho long-term strategy of creating a captive global processing center 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 driven by ethical values and supporting diversity in all its forms for our talent pool. The direction of MGS’s development is paved by its three key pillars: Mutual Respect, Discipline, and Transparency, which serve as the baseline of every process and operation carried out at MGS.What’s in it for you?Immense exposure and learningExcellent career growthCompany of highly passionate leaders and mentorsAbility to build things from scratchKnow more about MGS: https://www.Mizuhogroup.Com/asia-pacific/mizuho-global-servicesTrade Finance Operations Job title – Associate Experience 5-8 years of experience in Trade Finance (Minimum 2 years in authorization / checker role)Role PurposeTo independently review, authorize and release trade finance transactions processed by the maker, ensuring accuracy, compliance with International Trade regulation, internal policies and regulatory requirements.Key responsibilities:Review / Authorisation of trade finance transactions prepared by Makers for completeness, accuracy, and complianceApproval of Import Letter of Credit (LCs) -Issuance,
Amendment, Bill Booking, Acceptance, SettlementReview / Authorisation of Export Letters of Credit – Advising, Confirmations, Transfers, Bill booking, Acceptance, Settlement Experience of Documentary Examination under LC as per UCP / ISBP rulesReview / Authorisation of Documentary Collections (Import / Export) - Bill Booking, Acceptance, SettlementReview / Authorisation of Bank Guarantee / Standby LCs – Issuance, Amendments, reversal, closure, InvocationsReview / Authorisation of Trade Loans – Invoice discounting, Supplier Finance, Rollover, SettlementKey Skills : Robust knowledge of Trade Finance OperationsGood understanding of UCP 600, ISBP, and documentary credit rulesGood understanding of URDG and URC.Proficiency in SWIFT messaging and knowledge of Pacs 008 and 009.ComplianceCheck sanction screening results, Perform Trade Based Money Laundering (TBML) checks and escalate high risk transactionsRisk ManagementMonitor Transaction queuesEnsure SLA complianceSupport audit activitiesHandle queries from makersLiaise with branches Training and Coaching:Guide Junior MakersConduct Training - Knowledge sharing sessions Review operational errors, if anySupport process improvement initiativesQualifications:Bachelor degree in Commerce & Finance and MBA preferred, CDCS and CAIIB will add advantagesAddress Mizuho Global Services India Pvt. Ltd 16th Floor, Tower B Brigade World Trade Centre, No.142, Rajiv Gandhi Salai, Chennai - 600 096, India
📌 Trade Finance - Associate (Chennai)
🏢 Mizuho
📍 Chennai