Job Description

Job description

The health and safety of our employees and candidates is very important to us. Due to the current situation related to the Novel Coronavirus (COVID-19), we're leveraging our digital capabilities to ensure we can continue to recruit top talent at HSBC. As your application progresses, you may be asked to use one of our digital tools to help you through your recruitment journey. If so, one of our Resourcing colleagues will explain how our video-interviewing technology will be used throughout the recruitment process and will be on hand to answer any questions you might have.

Some careers open more doors than others.

If you're looking to unlock new job opportunities, take a look at the possibilities right on your doorstep here at HSBC.

Global Trade and Receivables Finance comprises over 4,500 people across more than 60 countries, helping suppliers and buyers with their export and import finance needs. Trade is where HSBC began in 1865, when we financed commerce between Europe, North America and Asia.

We are currently seeking an experienced professional to join the Commercial Banking - GTRF Guarantee team.

Principal Responsibilities -

• Scrutinizing all the GTE documents submitted for processing which include fresh issuance, extension, extend or pay, commission recovery and cancellation.
• Liaising with clients for any clarifications on documentation.
• MIS / Reporting for Internal /External teams.
• Monitoring the Daily Action reports and ensure that no due date payment is missed out.
• Follow up with Correspondent Bank for all the pending Commission for Inward Cross Border Desk.
• Scrutinize the Nostro accounts on a daily basis on receiving inputs from FCD to check thoroughly all the entries originated by GTRF and resolve the differences on a timely basis by liaising with appropriate parties viz., banks, clients, counter parties of clients, etc.
• The job holder also interfaces with Clerical staff in terms of getting transactions captured on the system. The incumbent is also tasked with observance of AML and Sanctions related as well as other Internal guidelines, besides being a familiar with the Indian Regulatory framework given that Guarantees are being issued to Beneficiaries outside India.
• The job holder is also responsible for liaising with Concurrent Auditors, providing them with all relevant information and resolving their queries.
• Balance all related Suspense accounts.
• Respond to client queries promptly and ensure agreed TATs are met.
• Ensure all internal/external reporting is done within deadlines.

Requirements

Bachelor of Commerce with MBA or CA with 2-3 years of experience in Credit Administration, Banking Operation preferably in Guarantee/Trade.

Additional Information

• Mandatory to successfully complete Anti-Money Laundering and Sanctions training and post-course assessment, as required.

Useful Link

Link to Careers Site: Click

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Issued by The Hongkong and Shanghai Banking Corporation Limited, India