B.Com Graduates Vacancy at Wipro

Overview:

Wipro is hiring an experienced Trade Finance at their Chennai location. You will be responsible for advising of incoming LC messages such as MT700, MT710, MT720, and Mail LC to the beneficiary.

The complete details of this job are as follows:

Roles and Responsibility:

LC advising:

• Advising of incoming LC messages such as MT700, MT710, MT720, and Mail LC to the beneficiary.
• Advising of Amendment received in MT707.
• Handing and responding through Swift messages for the queries received through Swift such as MT799 and MT999.

Export Collection:

• Scrutinizing the documents submitted by the Drawer and forwarding the documents to the collecting bank.
• Processing of payments received in nostro MT940 and crediting the funds to customer account.
• Sending chasers/Tracers to collect bank through Swift for payments.
• Processing of acceptance message MT412 received from collecting bank.
• Handling and responding through Swift messages for the queries received through Swift such as MT499 AND MT999.
• Processing of Amendment request received from Drawer for the Collection documents already processed.

Import Collections:

• Processing of collection documents received from the Remitting bank and sending Dan to the drawee.
• Processing of MT202 Payments by the request of the drawee.
• Sending MT412 Accepting message to Drawer.
• Sending Tracers to Drawee for the payment or Acceptance.
• Processing of Civilization request.
• Processing of clean collection.
• Processing of Direct collection received from Drawer directly.
• Processing of Amendment request received from Drawer for the Collection documents already processed.

Qualifications:

• B.com
• Retail Banking(Card Operations)

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