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Trade Services Manager 1 - Bengaluru/Bangalore @ Wells Fargo

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 Trade Services Manager 1 - Bengaluru/Bangalore

Job Description

About The Role

Manage a team of people and is accountable for the overall operational performance. Manage and lead a team of Trade finance professional who have expertise in handling Letter of Credit functions.


Responsibilities

  • Ability to perform Trade Finance functions specific to Letter of credits Issuance, advising, confirmation, transfers and document examination of import and export transactions
  • Responsible for servicing Trade Services clients with the ability to work independently and as part of a team
  • Contribute as a team player and ensure smooth running of daily operations and processing all import/export bills documents in compliance with the commercial law/government regulations, e.g. OFAC, UCP600 and ISBP (CDCS Certification Mandatory)
  • 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
  • Ensure SLA (Service Level Agreement) is met and individual & team productivity is as per/above expectation/requirement
  • Participate in coaching and developmental requirements identified that is specific to Letter of Credit and document checking function
  • 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/ISBP/URR and Inco terms
  • Lead and guide the team on day to day activities and manage people issues
  • Ensure NIL miss outs on compliance and timely escalation of any misses
  • 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
  • Excellent time Management Skills
Essential Qualification
  • 10 years of trade services experience
  • Advanced 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
  • University Degree in Commerce, Business or related discipline
  • 10 Years of Trade experience
  • Candidates with people manager experience would have added advantage
  • CDCS Certified
  • Other Trade related certifications would be added advantage
  • Flexible to work in night shifts
  • Strong analytical skills

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: Doctorate Not Required

Contact Details:

Company: Wells Fargo
Location(s): Bengaluru

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

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Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community- based financial services company with $1. 9 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more ...