FAQs
What is the main responsibility of an Operations Team Member in Trade Finance Operations?
The main responsibility includes the verification of executed legal documents, updating the PSL for CCOD products, maintaining insurance policies, and preparing disbursement advice among other tasks.
What qualifications are required for this position?
A Post Graduate degree or an MBA in Finance is required for this position.
What personality traits are valued for this role?
The ability to perform under pressure, adaptability to changing environments, and the ability to build and develop the team are valued traits for this role.
Is auditing a part of the Operations Team Member's responsibilities?
Yes, liaising with auditors and ensuring there are no audit queries is part of the responsibilities.
What types of documentation will I be handling as an Operations Team Member?
You will handle legal documents, disbursement advice, Limit Loading Instructions, deferral closures, and various files and dockets, including title deeds.
What tools or systems will I be using in this role?
You will use systems like LPS for loan disbursement processing and DRS for tracking post-disbursement conditions.
Is team collaboration important in this role?
Yes, the ability to build and develop the team while being part of it is crucial for success in this position.
Will I need to meet strict deadlines in this job?
Yes, the role requires the ability to perform under pressure and meet stringent timelines.
Are there opportunities for further training or development?
While not specified in the job description, roles in operations often provide opportunities for ongoing training and development in the finance sector.
Are the operations team members involved in loan disbursement processes?
Yes, operations team members prepare and release disbursement advice to the Loan Maintenance Team for loan disbursements.