21 Aug
|
Mizuho
|
Madurai
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. /n 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. /n What's in it for you? /n /n
- Immense exposure and learning
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- Excellent career growth
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- Company of highly passionate leaders and mentors
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- Ability to build things from scratch
/n /n Know more about MGS: /n Trade Finance Operations /n Job title – Associate /n Experience /n 5-8 years of experience in Trade Finance (Minimum 2 years in authorization / checker role) /n Role Purpose /n To independently review, authorize and release trade finance transactions processed by the maker, ensuring accuracy, compliance with International Trade regulation, internal policies and regulatory requirements. /n Key responsibilities: /n /n
- Review / Authorisation of trade finance transactions prepared by Makers for completeness, accuracy, and compliance
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- Approval of Import Letter of Credit (LCs) -Issuance, Amendment, Bill Booking, Acceptance, Settlement
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- Review / Authorisation of Export Letters of Credit – Advising, Confirmations, Transfers, Bill booking, Acceptance, Settlement
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- Experience of Documentary Examination under LC as per UCP / ISBP rules
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- Review / Authorisation of Documentary Collections (Import / Export) - Bill Booking, Acceptance, Settlement
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- Review / Authorisation of Bank Guarantee / Standby LCs – Issuance, Amendments, reversal, closure, Invocations
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- Review / Authorisation of Trade Loans – Invoice discounting, Supplier Finance, Rollover, Settlement
/n /n Key Skills : /n /n
- Robust knowledge of Trade Finance Operations
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- Good understanding of UCP 600, ISBP, and documentary credit rules
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- Good understanding of URDG and URC.
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- Proficiency in SWIFT messaging and knowledge of Pacs 008 and 009.
/n /n Compliance /n /n
- Check sanction screening results, Perform Trade Based Money Laundering (TBML) checks and escalate high risk transactions
/n /n Risk Management /n /n
- Monitor Transaction queues
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- Ensure SLA compliance
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- Support audit activities
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- Handle queries from makers
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- Liaise with branches
/n /n Training and Coaching: /n /n
- Guide Junior Makers
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- Conduct Training - Knowledge sharing sessions
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- Review operational errors, if any
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- Support process improvement initiatives
/n /n Qualifications: /n /n
- Bachelor degree in Commerce & Finance and MBA preferred,
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- CDCS and CAIIB will add advantages
/n /n Address /n Mizuho Global Services India Pvt. Ltd /n 16th Floor, Tower B /n Brigade World Trade Centre, /n No.142, Rajiv Gandhi Salai, /n Chennai - 600 096, India
📌 Trade Finance - Associate (Madurai)
🏢 Mizuho
📍 Madurai