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Associate- Trade Ops- CIB

Req #: 170118299
Location: Mumbai, MH, IN
Job Category: Operations
Potential Referral Amount: 50000 Indian Rupee (INR)
I.  Hiring Manager Information

*Hiring Manager :
Vinod Chaube
*Hiring Manager Title:
Associate (602)

II. Department Information

* Location :
Mumbai, INDIA
* LOB:
Corporate and Investment Bank
* Depart./Section:
CIB Operations – Global Trade/Loan Operations  and Trade Client Service
* Shift Timings
ASIA (Day Timings)
* Position
Associate (602)

III. Background to the Role and Business Description
J.P. Morgan Chase Bank, NA (JPMCB) is a single bank branch in Mumbai rapidly expanding its revenue business in India. IB ops group in JPMCB is looking for a Professional to  support trade operations desk.
IV. Job Description

The candidate would be responsible advisory & operational role in  Trade Operations and Trade Client Service team as part of Corporate and Investment Bank Operations.

  • Candidate should have in depth knowledge of Trade regulations and Remittances (Export and Imports of Goods and Services, ECB and Trade Credits, Guarantees and Co acceptances, etc.)
  • Additional knowledge of the regulations around the capital account remittances both Inward and Outward (ODI, FDI, etc.) will be preferred.
  •  Candidate need to have experience and handled Bill discounting, Pre shipment export credit in Rupee and Foreign currency, LC advising, Inland letter of credit, Export/Import Collection, Guarantees/SBLC,  Export Negotiation, Buyers Credit,  Form A1 payments, Export L/C, etc.
  • Liaise with Local regulators, Compliance, Legal, Internal and External Auditors and Sales team for regular update on changing guidelines.
  • Interaction with clients including visits with Sales to address and meet client expectations.
  •   Work towards enhancing skills of team staff via regular training on product and regulations as well as emphasize on control and efficiency agenda.
V.  Job Requirements
Education/ Professional Qualifications & Skillsets:
  • Post graduate with 12+ years in Trade Operations and Cash Operations in Bank.
  • Strong understanding of Local Regulatory guidelines.
  • Excellent communication skills – verbal and written
  • Interpersonal and Partnership skills
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