We are looking for a qualified to manage Bank Guarantees and Non-Fund Based Banking activities , including coordination with banks, NBFCs, and financial institutions.
Key Responsibilities Handle end-to-end processing of Bank Guarantees including Performance, Advance Payment, Financial, Bid/Tender and Deferred Payment Guarantees. Review BG applications and draft wordings for commercial, legal, and operational risks . Coordinate BG issuance, amendments, extensions, cancellations, and closures .
Monitor BG expiry dates, claim periods, and auto-extension/evergreen clauses . Calculate and verify BG commission, issuance fees, margin and other bank charges . Maintain monthly BG MIS/Excel tracker for active and closed guarantees.
Follow up with banks for refund of commission/margin on closed Bank Guarantees. Maintain quarterly records of Fixed/Term Deposits and non-fund-based balances .
Obtain and reconcile quarterly balance confirmations from banks, NBFCs and financial institutions.
Prepare BG-related commission statements and supporting documents for audit . Ensure proper documentation and compliance with banking regulations and internal policies .
Candidate Profile
Graduate/Postgraduate in Finance, Commerce, Banking or related field .
Experience in Bank Guarantees, Treasury, Banking Operations or Non-Fund Based Facilities . Good knowledge of MS Excel and banking documentation . Strong coordination, follow-up and reconciliation skills.
Experience in SAP and EPC/Infrastructure/Oil & Gas/Construction industry will be an advantage.
📌 Banking Executive (Ahmedabad)
🏢 Corrtech International
📍 Ahmedabad
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