AVP Remittance

Skip to main content AVP Remittance hackajob Mumbai Metropolitan Region AVP Remittance hackajob Mumbai Metropolitan Region 1 week ago 49 applicants See who hackajob has hired for this role Report this job hackajob is collaborating with Barclays to connect them with exceptional professionals for this role.Join Us As AVP Remittance, Where You WillManage Trade products including Export, Import, Letters of Credit (LC), Bank Guarantees (BG), and Import Remittances.Ensure adherence to RBI guidelines and internal compliance frameworks.Coordinate with clients and internal stakeholders for seamless transaction processing and issue resolution.Ensure timelines, completeness, and accuracy across all deliverables.Prepare and circulate MIS reports and follow up for closure of open items.Support technology enhancements and participate in core banking system upgrades, including:Functional Specification Document (FSD) review and sign-offUAT preparation (test case creation, review, and sign-off)Monitoring UAT executionUser trainingProcess manual updatesDress rehearsal and live proving activitiesTo Be Successful In This Role, You ShouldHave strong knowledge of Trade Finance processes and banking applications.Demonstrate strong stakeholder management and coordination capabilities.Be detail-oriented with a strong focus on accuracy and regulatory compliance.Be adaptable and capable of managing high workloads under tight timelines.Ensure adherence to risk and control frameworks without compromising policies and regulations.Essential Skills / Basic QualificationsStrong written and verbal communication skills.Sound knowledge of Trade processes.Proficiency in MS Excel, Outlook, Word, and PowerPoint.Desirable Skills / Preferred QualificationsGraduate or Postgraduate degree, preferably in Commerce, Finance, or Accounts.Experience in Corporate Banking Trade Operations.You may be assessed on the key critical skills relevant for success in role, such as:Trade product knowledge and operational accuracyRegulatory compliance and risk awarenessStakeholder management and communicationSystem upgrade participation and UAT effectivenessProblem-solving and escalation managementJob location is Mumbai.Purpose of the roleTo support Payments with day-to-day processing, reviewing, reporting, trading and issue resolution.AccountabilitiesSupport with day-to-day payments initiatives including processing, reviewing, reporting, trading and issue resolution through lending technical expertise.Monitoring the banks payment operations to ensure that they are conducted in an efficient and effective manner and comply with the relevant regulatory requirements.Collaboration with teams across the bank to align and integrate payments processes.Identification of areas for improvement and providing recommendations for change in payments processes.Development and implementation of payments procedures and controls to mitigate risks and maintain operational efficiency.Development of reports and presentations on payments performance and communicate findings to internal senior stakeholders.Identification of industry trends and developments to implement best practice in payments Services.Participation in projects and initiatives to improve payments efficiency and effectiveness.Assistant Vice President ExpectationsTo advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other...