Tamilnad Mercantile Bank
Website:
tmb.in
Job details:
About the Company
Tamilnad Mercantile Bank Ltd., is very fortunate in having dedicated employees at all levels who have been energetic and working with untiring zeal for the good growth and prosperity of the institution for the past 104 years. The name and fame of the bank are in a large measure, due to the efficient and diligent service of the highly loyal staff members and officers. This has enabled the Bank to adopt the official motto “Totally Motivated Bank”.
Product Specialist – Trade Finance Vertical(In the rank of Manager / Senior Manager)
About the Role
To act as the primary point of contact for Trade finance customers in the region, understanding their trade finance needs and ensuring high levels of customer satisfaction.
Responsibilities
- To facilitate the onboarding process for new clients in the region, ensuring compliance with regulatory and internal bank policies.
- To conduct regular meetings with clients to discuss their trade finance requirements, market trends, and new banking products or services.
- To provide expertise on trade finance products such as letters of credit (LCs), bank guarantees, Documentary Bills collections, trade loans and export/import financing.
- To identify opportunities to cross-sell other banking products and services, such as cash management, foreign exchange, and treasury solutions.
- To stay updated on industry trends, competitor offerings, and market conditions to identify new business opportunities.
- To evaluate the creditworthiness of clients and assess the risks associated with trade finance transactions.
- To work closely with operations and IBD/FPC teams to ensure smooth execution of trade finance transactions.
- To oversee the preparation and verification of trade finance documents to ensure accuracy and compliance.
- To address and resolve any issues or disputes raised by Customers related to trade finance transactions promptly.
- To analyze clients' financial statements and trade cycles to assess their financing needs and risks.
- To assist internal and external auditors during reviews of trade finance operations.
- To educate clients on trade finance products, processes, and regulatory requirements.
- Any other roles that may be assigned by the Bank.
Qualifications
- Any Graduate / Post Graduate from a recognized university under regular curriculum.
- It’s desirable to hold Certified Credit Professional certification and certification in Foreign Exchange Operations by IIBF.
Required Skills
- At least three years of experience in handling Trade Finance business.
Job Location
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