Senior Specialist - Trade Finance Operations

IDFC FIRST Bank · Mumbai

  • Experience5–8 yrs
  • SalaryNot disclosed
  • Work modeonsite
  • Levelsenior
  • Posted18 Sept 2026
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About IDFC FIRST Bank

IDFC FIRST Bank is hiring in Mumbai in financial services. This role looks for around 5+ years of experience.

Skills

  • documentary letters of credit
  • bank guarantees
  • standby letters of credit
  • document checking
  • bill discounting
  • import remittances
  • export remittances
  • inward remittances
  • nostro reconciliation
  • RBI guidelines
  • trade-based money laundering

The role

A banking operations associate at a financial services company processes trade finance transactions using documentary letters of credit, bank guarantees, and bill discounting, applying RBI guidelines and trade-based money laundering controls. The role also handles nostro reconciliations and Microsoft Excel-based MIS.

Full job description

Job Requirements

Role/ Job Title: Senior Specialist-Trade Finance Operations

Function/ Department: Wholesale Banking Operations

Job Purpose:

The incumbent is responsible for the following activities and should have knowledge of one or more Trade Finance Products. LCs and Collections, BGs and SBLCs / SBLC backed BCs, Doc Checking, Bill Discounting, Committed Payments, Import (A1) Remittances, A2 Remittances, A2 Exchange House Remittances, Inward Remittances, Exports.

Roles & Responsibilities:

Responsible for transaction processing involving document scrutiny, checking / reviewing and authorization of transactions in line with Standard Operating Procedures, RBI guidelines. Experience in either of the desks – LC / BG issuances, Document Checking, Inland Bill Discounting, Exports, Import Remittances, A2 Remittances, Inward Remittances. Operating within the delegation of authority Ensuring processing in line with Internal Standard Operating Procedures (SOPs) Ensure processing within TATs as prescribed and ensure error free processing. Timely reporting of errors if any Ensure adequate and efficient processing pertaining to various client segments, resolving queries if any on timely basis. Handling of internal reconciliations – office accounts and nostro reconciliations as and when applicable. Knowledge and awareness on Trade Based Money Laundering and highlight such cases at the time of turn processing.

Secondary Responsibilities:

Knowledge of MIS, Data Entry

Education Qualification:

Graduation: Bachelor’s degree any relevant stream

Post-graduation: Any Stream

Experience: 05 to 08 years of relevant experience.