AVP Remittance

Join us as AVP Remittance, where you will:

• Manage Trade products including Export, Import, Letters of Credit (LC), Bank Guarantees (BG), and Import Remittances.
• Ensure adherence to RBI guidelines and internal compliance frameworks.
• Coordinate with clients and internal stakeholders for seamless transaction processing and issue resolution.
• Ensure timelines, completeness, and accuracy across all deliverables.
• Prepare and circulate MIS reports and follow up for closure of open items.
• Support technology enhancements and participate in core banking system upgrades, including:
  • Functional Specification Document (FSD) review and sign-off
  • UAT preparation (test case creation, review, and sign-off)
  • Monitoring UAT execution
  • User training
  • Process manual updates
  • Dress rehearsal and live proving activities

To be successful in this role, you should:

• Have strong knowledge of Trade Finance processes and banking applications.
• Demonstrate strong stakeholder management and coordination capabilities.
• Be detail-oriented with a strong focus on accuracy and regulatory compliance.
• Be adaptable and capable of managing high workloads under tight timelines.
• Ensure adherence to risk and control frameworks without compromising policies and regulations.

Essential Skills / Basic Qualifications:

• Strong written and verbal communication skills.
• Sound knowledge of Trade processes.
• Proficiency in MS Excel, Outlook, Word, and PowerPoint.

Desirable Skills / Preferred Qualifications:

• Graduate or Postgraduate degree, preferably in Commerce, Finance, or Accounts.
• Experience in Corporate Banking Trade Operations.

You may be assessed on the key critical skills relevant for success in role, such as:

• Trade product knowledge and operational accuracy
• Regulatory compliance and risk awareness
• Stakeholder management and communication
• System upgrade participation and UAT effectiveness
• Problem-solving and escalation management

Job location is Mumbai.

Purpose of the role

To support Payments with day-to-day processing, reviewing, reporting, trading and issue resolution. 

Accountabilities

• Support with day-to-day payments initiatives including processing, reviewing, reporting, trading and issue resolution through lending technical expertise.
• Monitoring the banks payment operations to ensure that they are conducted in an efficient and effective manner and comply with the relevant regulatory requirements.
• Collaboration with teams across the bank to align and integrate payments processes.
• Identification of areas for improvement and providing recommendations for change in payments processes.
• Development and implementation of payments procedures and controls to mitigate risks and maintain operational efficiency.
• Development of reports and presentations on payments performance and communicate findings to internal senior stakeholders.
• Identification of industry trends and developments to implement best practice in payments Services.
• Participation in projects and initiatives to improve payments efficiency and effectiveness.

Assistant Vice President Expectations

• To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
• Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
• OR for an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
• Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
• Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
• Take ownership for managing risk and strengthening controls in relation to the work done.
• Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
• Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
• Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
• Influence or convince stakeholders to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.