Trade Finance Specialist

About the job

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?o Immense exposure and learningo Excellent career growtho Company of highly passionate leaders and mentorso Ability to build things from scratch Know more about MGS: -https://www.mizuhogroup.com/asia-pacific/mizuho-global-services

Job Title: Trade Finance AnalystLocation: Chennai Duties and Responsibilities

• Ensure all transactions are processed and settled on a timely basis with priority given to high value and time critical files whilst meeting SLAs.
• Ensure all internal reporting requirements are met
• Identify and resolve errors promptly and report to Head of Department / Front Office.
• Cross train self and others proactively to create a fungible team capable of flexing to the requirements of a multi business stream environment.
• Correct use of systems and processing tools.
• Adherence to Head Office and Internal Operating procedures to produce accurate work thereby retaining professional image of the Bank and maintain high customer service levels.
• Support initiatives, strategic planning and projects (as required)
• Support others across the wider team covering all products to include L/C Document Checking.
• Complete compliance checks and further controls put in place to mitigate risks.

Qualifications, Skills and Experience

• Deep understanding of all Trade Finance products, Import and Export LCs, Guarantees, Collections, Discounting, Forfaiting, Confirmations, Risk Participations.
• Commodity Trade Finance experience
• Knowledge of UCP 600, ISP98, URDG 758, URC 522 and other relevant ICC publications
• Knowledge on Money Laundering procedures and UK Proceeds of Crime Act
• Awareness of UK and OFAC sanction policies & experience with Restricted Counterparty Checks & IMB Checks.