Manager - TA at Bridginggaps
Views:3394 Applications:95 Rec. Actions:Recruiter Actions:2
Manager - Trade Finance - Oil & Gas/Infrastructure (7-13 yrs)
Job Purpose :
- Trade Finance including Non-fund limits management.
Roles and Responsibilities :
- Letter of Credit and it bills issuance/rollover/payments/ Liasoning with banks for discounting.
- Foreign Letter of Credit/Stand By Letter of Credit/ Buyers Credit/Suppliers Credit issuance/rollover/payments/ Liasoning with banks pricing.
- Bank Guarantees issuance/rollover/Liasoning with banks for various confirmation.
- Accounting/reconciliation of all charges in relation to trade transaction in SAP - TRM module.
- Documentation/Negotiation with bank for Non-Fund limits allocation.
- Monitoring timely payment of all due in relation to trade finance activities like LC, LCBD, FCL, Buyers/suppliers credit.
- Coordination with different team members for information in relation to trade finance transactions.
- Ensure correct and proper record keeping of trade transaction.
- Reconciliation of bank information with Books of accounts fortnightly basis.
- Hedging of existing and future transaction and its utilization in effective manner.
Deliverable :
1. Timely execution of trade transaction
2. Timely reporting to management
3. Ensure monitoring and compliance of trade finance transaction
4. Ensure smooth Audit & month end activities in relation to trade finance transaction.
This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.