Job Description

 Note:

  • Specific/ mandatory skills: - LC & Bank Guarantee
  • Open to consider fresher candidates (Yes/No): Yes
  • Experience range: fine with fresher as well
  • Shift timings: US Shift
  • Work from Home at present (Yes/No): Hybrid option

Job Description Summary

  • The Documentary Trade Analyst is accountable for the processing of requests and documents, received by the bank under a Letter of Credit or Documentary Collection or Guarantee/Standby Letter of Credit. They may process requests and documents such as:
  • Letters of Credit: Issuance of Import Letters of Credit, Advising of Export Letters of Credit, Booking and Settlement of Export and Import bills under Letters of Credit
  • Documentary Collections: Verification of Collection documents, Booking and Settlement of Collection Export and Import Bills.
  • Guarantee or Standby Letters of Credit (SBLC) Expert: Vetting of Guarantee/ Standby Letter of Credit Text, Issuance, Advising, Scrutiny and Book-Off of Guarantees or Standby Letter of Credit.
  • This involves understanding the customers’/banks’ instructions relating to the Letter of Credit or Documentary Collection or Guarantee/Standby Letter of Credit and capturing the data from the documents into the trade finance processing platform.
  • They are also responsible for the mitigation of Operational and Regulatory risks observed during the verification or processing of Letters of Credit or Documentary Collections or Guarantees/ Standby Letter of Credit (SBLCs) and related documents, by providing control measures.
  • The Documentary Trade Analyst also manages internal stakeholders by adhering to agreed Service Level Agreements (SLAs) and manages customer requirements.