AVP/VP - Trade Finance Sales, North & East India (India)

Job description

Headquartered in Tokyo, Sumitomo Mitsui Banking Corporation (SMBC) is a leading global financial institution and a core member of Sumitomo Mitsui Financial Group (SMBC Group). Built upon our rich Japanese heritage since 1876, we put our customers first and provide seamless access to, from and within the Asia Pacific region. SMBC is one of the largest Japanese banks by assets and maintain strong credit ratings across our global integrated network. We work closely as one SMBC Group to offer personal, corporate and investment banking services to meet the needs of our customers. With sustainability embedded within our strategy and operations, we are committed to creating a society in which today’s generation can enjoy economic prosperity and well-being, and pass it on to future generations. Responsible for the development of Trade Finance business for Corporates in North & East India across Japanese & Non-Japanese client segments. -Responsible for promotion and execution of Digitization, Supply Chain solutions across Accounts Receivables and Supplier Finance, Documentary Credits, Guarantees & Priority Sector Lending. -Responsible to liaise with Colleagues of GTFD in other countries and utilize Bank’s global branch network to support client’s requirements -Responsible for Trade Related Initiatives like internal process approvals (new/modification), Product note Approvals, Product rollouts -To enhance Business Promotions jointly with the Corporate Banking Team, for Trade Finance -Implement credit facilities and liaison with related department for execution of Trade Transactions. -Guide and support Coverage to prepare credit applications for Trade product related limits -Review legal documentation of trade products relating to facilities offered to customers and liaise with internal and external stakeholders for smooth implementation. Monitor utilization of trade limits and track flow of transactions Monitor market developments/movements including relevant customer news/information and make necessary reports to Management in a timely manner.