Operations Executive

Employer - HDFC Bank
Job title - Operations Executive

Job Description
Job Description
Direct Recourse under Letter of Credit : Generations of Business Object report on a daily basis.
Follow up of Payment etc.
Follow up For Payment/Past Due Obligations from Letter of Credit Opening Bank.
To ensure that tracers (Acceptance/Payment) are properly sent.
Scrutiny of Bills.
Authorization of the bills inputted for all events.
Raising/Tracking for Exception approval.
To ensure that discrepancy message regarding documents, if any, is properly conveyed to the client.
Tracking of rate of interest/handling charges etc.
approvals for discounting of Bills.
In case Acceptance received has single signature, Branch Visit Report (BVR) needs to be performed.
Monitoring SMFS Acceptance For physical acceptance, need to arrange/check for signature verification.
Telephonic verification of acceptance which are received through courier/post.
Tracking of Post Due Obligation Bills.
Maintaining Margin money details.
Motioning of General Ledger Consistency report for the entries posted in Flexcube Corporate and Flexcube core system.
Remitting Funds through RTGS/NEFT for Inland payment Conduct client meetings as mandated.
Refund of Interest in case of pre-poned payments post proper check, If client claims.
To ensure proper safe keeping of documents.
Maintaining of tracker for signature verification of banks and Bank Visit Report (BVR) expiry, proactively get the fresh Signature Verification and BVR done prior to expiry.
Periodic physical verification of Direct Recourse Under Letter of Credit Outstanding Documents.
To ensure that processes are followed properly.
Ensure complete, immediate response to client queries.
Export Collection Authoriser : Generation of Outstanding Bills report from related system (OBIEE) on weekly basis - for approval to be taken for outstanding bill as per Board Note.
Generation of Post Due Obligation Bills report from OBIEE system on daily basis.
Generation of Outstanding Loans Report from OBIEE system on daily Basis Checking of Office of Foreign Assets Control list/Specially Designated Nationals list.
Scrutiny of Bills received for processing.
Authorisation of Bill in Flexcube Corporate system.
Checking of Country Risk as per Grid provided by Credit and Market Risk group.
Updation of Status Holder Certificate received.
Raising/Tracking of Approval Mails sent to business.
Monitoring of General Ledger and Deferred account/s.
Monitoring of Converter utility and outstanding entries in Nostro accounts.
Monitoring of disposal as per mail received from Relationship Manager/Corporates/Service desk.
Preparation of Quality Initiative Group data on daily/monthly basis and provide to Central Processing Unit Trade Finance.
Meetings to be held with client/Relationship Manager to educate them for reducing First Time Not Right cases.
Monitoring updation of inward messages in FCC received in inward tracker.
Half yearly Export Outstanding (XOS) reporting.
Monitoring of calculation of interest and refund of correct amount of interest at the time of booking and liquidation.
Updation and circulation of charges approval in Trade Stream and amongst team members.
Liaising with RBI for cases referred to them.
Letter of Credit Authoriser : Scrutinize Letter of Credit application.
Perform signature verification.
Ensure consistency of documents/clauses/details.
Check internal guidelines, FEMA regulations, Foreign Assets Control list/

operations-executive, operations-executive-jobs-in-indore
Job Location Indore, Madhya Pradesh
Date Posted 30 Jun 2020
Employer Email --No Email
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