Oswal Minerals - Manager - Trade Finance

Job Description :

- Handling Trade Finance :Having exposure working for UAE banks

- Preparing documents for Foreign Remittance (TT Payment) for Import & Service-related payment.

- Looking for candidate with experience working with

- Preparing of Letter of Credit (LC) including Inland & Foreign & Bank Guarantee.

- Maintaining data for LC & tracking for payment on due date.

- Submission / lodgments of export documents to the bank & give disposal instruction for forex realization.

- Maintain an MIS for export collection as per the lodgments of documents to know the timing of forex inflow & outflow

- Trade financing and Checking LC documents of Local, Import and Export bills.

- Import LC issuing documentation and following up till establishment.

- Local LC bill Negotiation procedure dealing with bank.

- Forex hedging and rate negotiating with bank dealer.

- Derivative hedging procedure (Option & Forward), documentation up to deal settlement.

- Maintaining Record of Import bill outstanding with hedging deal.

- Online payment of Customs duty, Statutory payments, supplier payments, Salary, Bank to Bank RTGS/NEFT and other General payments.

- Checking and approving Voucher of Local and Import LC payment, Buyers Credit Journals, Bank Contra.

Tally exposure is mandatory