Trade Services Rep 4 - Chennai - Wells Fargo

Job Description

About The Role

Performs processing of Trade transactions. You will closely work with other team members and with the Line of Business

Responsibilities

• Responsible for servicing Trade Services clients with the ability to work independently and as part of a team
• Ability to perform Trade Finance functions specific to document examination of import and export transactions
• Under minimal supervision, incumbent provides all L/C services to customers. These services include: opening and amending L/Cs; processing payments; informing customers of problems or discrepancies; and inputting L/C information into computer system.
• Keep abreast of the latest changes on the commercial law/government regulations and provide updates on ICC opinions & changes in the trade industry to the staff
• Identify Issue/problems related to process, assess, identify and fix performance related issues
• Perform root cause analysis and propose ideas/process improvement fixes
• Be up to date with latest developments and procedural changes governing trade/UCP/ISP /ISBP/URR/URC, Inco terms etc.
• Contribute as a team player and ensure smooth running of daily operations and processing all export LC transactions in compliance with the commercial law/government regulations, e.g. OFAC, UCP600, URR, URC & various ability to meet the cut off for various currencies
• May have direct/indirect responsibility for supporting, advising, and resolving disputes for customers, clients /vendors
• Update the applicable/relevant systems of record with appropriate data

• University Degree in Commerce, Business or related discipline
• 8 Years of Trade experience
• Experience in Import& Export LC & collections with end to end processing experience
• Other Trade related certifications would be added advantage
• Flexible to work in night shifts
• Strong analytical skills
• Intermediate Microsoft Office (Word, Excel, and Outlook) skills
• Ability to navigate multiple computer systems, applications, and utilize search tools to find information
• Strong attention to detail and accuracy skills
• Effective organizational, multi-tasking, and prioritizing skills
• Ability to work in a fast-paced deadline driven environment

Job Classification

Industry: Banking, Financial Services, Broking
Functional Area: Financial Services, Banking, Investments, Insurance,
Role Category: Operations/Processes/Finance/Legal
Role: Operations/Processes/Finance/Legal
Employement Type: Full time

Education

Under Graduation: Any Graduate in Any Specialization
Post Graduation: Post Graduation Not Required
Doctorate: Any Doctorate in Any Specialization

Contact Details:

Company: Wells Fargo
Location(s): Chennai

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Keyskills:   Business services loan servicing operational support Operational risk International operations Trade finance Process improvement Reconciliation Customer service Investment banking