Analyst - Middle Office, Trade Finance, SG Bank (Mumbai)

Permanent contract|Mumbai|Banking operations processing

Analyst - Middle Office, Trade Finance, SG Bank (Mumbai)

Mumbai, India Permanent contract Banking operations processing


Job Summary :

Undertake Middle Office (MO) processes and engagements with clients as well as internal stakeholders. Handle client transactions, acting as liaison between clients, Trade Finance back office and other internal stakeholders.

Work closely with Trade Finance sales team to contribute towards the growth of Trade Finance business. At the same time, work closely with other internal stakeholders to manage associated compliance, risks and ensure that the Bank’s interests are protected.

Main Responsibilities:- 

•    Handle day-to-day transactions in line with local regulations, global guidelines and the Bank’s internal procedures under the supervision and guidance of the middle office head.
•    Handle all trade finance related documents (domestic/import/export/guarantees), including safe-custody of original documents.
•    Ensure delivery of satisfactory service level to clients in terms of accuracy and timeliness.
•    Ensure full compliance with the internal policies & external regulations governing the responsibilities assigned.
•    Daily monitoring of reports and updating management with exceptions/operational risk/operational loss.
•    Support MO head in handling all audit related queries, both internal, external, regulators and ensure implementation of recommendations. 
•    Liaise with back office and ensure day-to-day transactions are processed as per agreed SLA / TATs.
•    Work closely with Trade Finance Front office to anticipate and manage transaction volumes in co-ordination with middle office head.
•    Contribute to various process improvement and other projects as allocated.
•    Identification of risks and potential customer complaints and escalation to the MO Head
•    Identification of additional business opportunities.
•    Multitasking of activities and volunteer to take over additional tasks as allocated by MO head from time to time.

Profile required

Academic Background (degree and major): - BCOM, CAIIB, MBA or equivalent (Optional), CDCS (Preferable)

Relevant Working Experience in number of years: - 5 + years of trade finance operations experience

Skills & Competencies required: - 
•    Sound understanding of Trade Finance products and operations
•    Knowledge of local regulations like FEMA and RBI regulations
•    Knowledge of UCP 600, URDG 758, URC 522
•    Good communication skills (written & spoken)
•    Client management expertise
•    Solution driven attitude
Language Skills: - English

Computer Skill: - MS Office, Knowledge of Finacle

Business insight

Societe Generale is one of the leading financial services groups in Europe. Based on a diversified universal banking model, the Group combines financial strength with a strategy of sustainable growth, putting its resources to work to finance the economy and its clients’ plans. With a solid position in Europe and a presence in countries with strong potential, the Group’s 145,700 employees in 66 countries support 31 million individual clients, large corporates and institutional investors worldwide by offering a wide range of advisory services and tailored financial solutions.
Societe Generale was established in India in the year 1978. In 1985, Societe Generale Bank commenced operations as a Scheduled Commercial Bank in Mumbai. Since then it has a proud legacy of servicing corporates and clients. New branches were added in Delhi (1993).  Societe Generale not only offers an extensive product portfolio to different market segments, but customizes solutions in investment banking, global finance and global markets.

Societe Generale is an equal opportunities employer and believes that a diverse and inclusive workforce should be encouraged and recognized.

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 22000VWH
Entity: Societe Generale India
Starting date: 2023/01/01
Publication date: 2022/11/09