Job description
The
Middle Office function is an important function within Transaction
Banking Services and caters to customers across the various segments in
Wholesale banking. The Mid office unit is
responsible for a number of control and support activities for Receivable Financing and Trade Products.
Some of the key activities handled by the team are as below:
responsible for a number of control and support activities for Receivable Financing and Trade Products.
Some of the key activities handled by the team are as below:
· Field surveys for Receivable financing products (Factoring and Invoice Discounting)
· Overdue management and dunning activities
· Customer and buyer on-boarding for Receivable financing products
· Management of Trade MIS
· Support for approvals on LC discounting and trade transactions
· Control activities for Structured Trade Finance transactions
· Support and control activities for Open account products
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