Transaction Processing
Initiate and verify outward & inward trade remittances (imports, exports, advances, settlements).
Handle SWIFT payments, Nostro/Vostro reconciliations, and interbank settlements.
Ensure correct accounting entries, debits/credits, and timely execution.
Document Verification
Scrutinize invoices, shipping bills, customs declarations, FEMA forms, and other trade documents.
Validate KYC/AML compliance before transaction processing.
Regulatory Compliance
Ensure all transactions adhere to RBI/FEMA regulations, AML guidelines, and internal bank policies.
Handle reporting through systems like EDPMS (Export Data Processing & Monitoring System) and IDPMS (Import Data Processing & Monitoring System).
Assist in internal/external audits.
Client & Branch Coordination
Coordinate with corporate clients, branches, and overseas banks for transaction clarifications.
Provide updates and resolve trade remittance-related issues.
Exception & Risk Handling
Investigate and resolve mismatches, payment rejections, or regulatory holds.
Escalate exceptions to supervisors when required.
MIS & Reporting
Maintain daily logs and generate MIS reports for processed remittances, pending cases, and SLA adherence.
Fixed monthly salary with allowances (location allowance, shift allowance if applicable).
Performance-linked incentives/bonus based on productivity and accuracy.
Provident Fund (PF), gratuity, and retirement benefits.
Concessional interest rates on loans, credit cards, and deposits for employees.
Group medical insurance (for self, spouse, children, and sometimes parents).
Life and accidental insurance coverage.
Annual preventive health check-ups & wellness programs.
Paid annual leave, casual leave, and sick leave.
Maternity/paternity leave.
National/festival holidays as per bank policy.
Structured training in trade finance, remittances, compliance (FEMA/RBI rules).
Certifications sponsored/encouraged (like CDCS – Certified Documentary Credit Specialist, CITF – Certificate in International Trade and Finance).
Internal job postings (IJP) for moving to senior operations, compliance, or front-end trade roles.
Employee reward & recognition programs.
Employee Assistance Program (counselling, family support).
Subsidized meals in canteens, travel allowance (for Mumbai hubs).
Participation in employee clubs, sports, and cultural activities.
Axis Bank Limited — Company Profile Network & Presence Total Employees: ~104,400 Branches in India: 5,876 ATMs & Cash Recyclers: 13,941 Overseas Offices: 8 Rural / Semi-Urban Branches: ~47% of total branches... Read More