01 Oct
|
Mizuho Global Services
|
Chennai
01 Oct
Mizuho Global Services
Chennai
Mizuho Global Services Pvt Ltd (MGS) is a subsidiary company of Mizuho Bank, Ltd, which is one of the largest banks or so called Mega Banks of Japan. MGS was established in the year 2020 as part of Mizuhos long-term strategy of creating a captive global processing center for remotely handling banking and IT related operations of Mizuho Banks domestic and overseas offices and Mizuhos group companies across the globe.
At Mizuho we are committed to a culture that is driven by ethical values and supports diversity in all its forms for its talent pool. Direction of MGSs development is paved by its three key pillars, which are Mutual Respect, Discipline and Transparency, which are set as the baseline of every process and operation carried out at MGS.
Whats in it for you?
- Immense exposure and learning
- Excellent career growth
- Company of highly passionate leaders and mentors
- Ability to build things from scratch
Know more about MGS: - https://www.mizuhogroup.com/asia-pacific/mizuho-global-services
Experience
10-15 years of experience in Trade Finance (Minimum 2+ years in authorization / checker role)
Role Purpose 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.
Key responsibilities:
Review / Authorisation of trade finance transactions prepared by Makers for completeness, accuracy, and compliance
Approval of Import Letter of Credit (LCs) -Issuance, Amendment, Bill Booking, Acceptance, Settlement
Review / Authorisation of Export Letters of Credit Advising, Confirmations, Transfers, Bill booking, Acceptance, Settlement
Experience of Documentary Examination under LC as per UCP / ISBP rules
Review / Authorisation of Documentary Collections (Import / Export) - Bill Booking, Acceptance, Settlement
Review / Authorisation of Bank Guarantee / Standby LCs Issuance, Amendments, reversal, closure, Invocations
Review / Authorisation of Trade Loans Invoice discounting, Supplier Finance, Rollover, Settlement
Key Skills
- Solid knowledge of Trade Finance Operations
- Good understanding of UCP 600, ISBP, and documentary credit rules
- Good understanding of URDG and URC.
- Proficiency in SWIFT messaging and knowledge of Pacs 008 and 009.
Compliance Check sanction screening results, Perform Trade Based Money Laundering (TBML) checks and escalate high risk transactions
Risk Management
Monitor Transaction queues
Ensure SLA compliance
Support audit activities
Handle queries from makers
Liaise with branches
Training and Coaching:
Guide Junior Makers
Conduct Training - Knowledge sharing sessions
Review operational errors, if any
Support process improvement initiatives
Qualifications:
Bachelor degree in Commerce & Finance and MBA preferred,
CDCS and CAIIB will add advantages
📌 Trade Finance Operations (Chennai)
🏢 Mizuho Global Services
📍 Chennai