Senior Specialist - Trade Finance Operations

IDFC FIRST Bank · Mumbai

  • Experience5–8 yrs
  • SalaryNot disclosed
  • Work modeonsite
  • Levelsenior
  • Posted22 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 credits
  • guarantees
  • standby letters of credit
  • document checking
  • bill discounting
  • import remittances
  • export operations
  • RBI guidelines
  • Standard Operating Procedures
  • trade-based money laundering
  • nostro reconciliations
  • Microsoft Excel

The role

A trade finance operations specialist at a banking organization processes documentary credits and guarantees, applies RBI guidelines, and performs document checking, bill discounting, and remittance operations. Expertise in trade-based money laundering and nostro reconciliations supports accurate transaction authorization and control.

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.