Kotak Mahindra Looking for Operations Team Member-WBG OPERATIONS (OPS)-Trade Finance Operations at Chennai, Tamil Nadu Full Time

Description for Internal Candidates

Exports– to facilitate the exporter clients to carry on their Exports business and grow. Realisation of Export proceeds. Packing credit – Pre shipment and post shipment facilities, Discounting bills under Foreign LC. Foreign bills purchase, collection of foreign bills, etc. •Imports– to facilitate importer clients and cater to their foreign exchange requirements. Issuance and amendment of Letter of credit – inland and foreign. •Remittances: Outward Remittances– providing services to facilitate outward remittances done on behalf of Importer clients and handling clean remittances for all customers. Inward Remittances- providing services pertaining to inward remittances received for the customers including Conversion into INR/other foreign currencies, EEFC deposits etc. •Other services/activities– Bank Guarantees. Compliance with internal and external guidelines relating to Trade Finance. Reconciliation of books and accounts •Qualification – Graduate / Post-Graduate •Experience – Minimum one year of relevant experience.