29 Aug
|
Gdjd Exports
|
Chennai
29 Aug
Gdjd Exports
Chennai
We are looking for an experienced Senior Export Banking Executive with solid knowledge of Export Banking, Trade Finance, FEMA/RBI regulations, LC transactions, export documentation, foreign remittances and banking operations. The candidate should be capable of independently managing the complete export banking process from order/payment terms through shipment, document submission, bill negotiation/discounting, payment realization and closure of export transactions.
Role & responsibilities
Complete Export Banking Process
- Handle the complete export banking cycle from pre-shipment to post-shipment and payment realization.
- Coordinate with banks and monitor export bills, payments and outstanding transactions.
- Ensure timely closure of export transactions.
2. Letter of Credit (LC)
- Handle LC scrutiny, amendments, documentation, submission, negotiation/discounting and realization.
- Identify and resolve LC discrepancies with banks/customers.
3. Export Documentation
- Verify Invoice, Packing List, Shipping Bill, Bill of Lading, Certificate of Origin, Insurance and bank documents.
- Ensure documents meet LC, customer and banking requirements.
4. FEMA / RBI Compliance
- Ensure compliance with FEMA, RBI regulations and export banking guidelines.
- Monitor export proceeds and pending regulatory requirements.
5. Bank Coordination
- Independently coordinate with banks for LCs,
export bills, remittances, realization and discrepancies.
- Resolve banking issues and ensure timely processing.
6. Forex & Remittances
- Handle foreign inward remittances, export payments and forex-related transactions.
- Coordinate with banks on exchange rates and forex documentation.
7. Export Bills & Payment Monitoring
- Track export bills from shipment to payment realization.
- Follow up on overdue payments and maintain realization records.
8. Reconciliation & MIS
- Reconcile export sales, bank credits and export bills.
- Prepare regular export banking MIS and outstanding reports.
9. Internal Coordination
- Coordinate with Sales, Accounts, Export Documentation, Logistics, CHA/Freight Forwarders and Management.
- Ensure smooth processing from order to payment realization.
10. Manager-Level Responsibility
- Take end-to-end ownership of export banking operations.
- Handle complex banking issues independently and guide junior team members.
- Ensure timely transactions, compliance and payment realization.
Preferred candidate profile The candidate must have end-to-end practical knowledge of export banking operations and should be capable of independently handling the complete export banking process at a Managerial level, with minimal supervision.
📌 Senior Export Banking Executive (Chennai)
🏢 Gdjd Exports
📍 Chennai