Analyst - Trade & Forex

Responsible for smooth processing of Trade and Remittance transactions as assigned by the TL/DH. Demonstrate high level of accuracy and understanding levels of the transactions. Assist TL/DH in overall activities of the team. Responsible for preparing and sharing various MIS required for the department. Coordinate with CSD and Branch for smooth conduct of transactions.

Main Responsibilities:

• Demonstrate and achieve high level of accuracy and proficiency in handling customer transactions and coordinate with branches to ensure timely processing of Trade and Remittance transactions.
• Maintain and publish the pending status of transactions to branches and CSD.
• Gain knowledge on the regulatory, global and internal guidelines.
• Support TL/DH to ensure implementation of policies and IUP in all India branches and ODI.
• Prepare and circulate regulatory returns like R-Return and other internal and HO related reports.
• Execute any additional activities assigned by DH as per requirements.

Other/Control:

• Support the Department Head in ensuring a high level of customer service is adopted by all members of the team and escalate any unresolved items immediately.
• Ensure that all transactions under own area of responsibility are processed, confirmed and settled in a timely and accurate basis, in accordance with set procedures.
• Proactively involve in alert resolution.
• Maintain good working knowledge of industry trends, products, relevant laws and regulations.
• Adhere to bank policies as well as guidelines.
• Ensure guidelines related to sanctions screening, ATFF checks etc. are strictly adhered to and QA results at desired levels.
• Provide support to the team by assisting in day to day working of the department.
• Assist customers in resolving queries pertaining to their account.
• Timely submission of statutory and MIS reports.
• Escalate any unresolved complex enquiries to more experienced members of the team.