16 Oct
|
SP Yarns
|
Kolkata
Exports Banking & Operations Manager
Department: Exports / Finance
Location: Kolkata, West Bengal
Company: S.P. Yarns
Job Summary
We are looking for an experienced qualified to manage export banking operations, trade finance, export documentation, foreign inward remittances, and banking compliance. The role will involve coordinating with banks, internal export and logistics teams, and other stakeholders to ensure smooth processing of export transactions, timely realisation of export proceeds, and efficient management of trade finance facilities.
1. Export Banking & Trade Finance
- Manage export transactions under Letters of Credit (LC), documentary collection, and other payment terms.
- Coordinate with banks for export bill negotiation, discounting, collection, purchase, and realisation.
- Monitor export proceeds and follow up on pending payments and outstanding export bills.
- Handle export-related banking documentation, realisation certificates, and applicable regulatory requirements.
- Coordinate with banks for pre-shipment and post-shipment finance facilities, wherever applicable.
2. LC & Export Documentation
- Review LC terms and conditions and coordinate with relevant teams to identify and resolve documentary discrepancies.
- Liaise with banks regarding LC amendments, document submission, acceptance, and payment processing.
- Ensure proper handling of export documents, including commercial invoices, packing lists, bills of lading, and other bank-required documents.
- Coordinate with the Exports and Logistics teams to ensure timely submission of accurate documentation.
- Maintain awareness of applicable international trade finance rules, including UCP 600 and ISBP.
3. Foreign Exchange & Remittance Operations
- Coordinate with banks for foreign inward remittances and export payment realisation.
- Track remittance status, bank charges, foreign exchange conversion, and outstanding payments.
- Follow up on export realisation evidence and applicable certificates, including e-BRC/BRC and other relevant records.
- Coordinate with banks for foreign exchange-related documentation and transaction reconciliation.
4.Banking Coordination & Financial Facilities
- Maintain strong working relationships with banks and trade finance departments.
- Coordinate with banks for export finance, bill discounting, and other relevant trade finance facilities.
- Support banking arrangements, documentation, and negotiations for improved operational efficiency.
- Assist in evaluating banking charges, financing costs, and foreign exchange-related implications.
Required Qualifications
- Graduate in Commerce, Finance, Banking, or a related discipline.
- Additional qualifications in International Business, Banking, or Trade Finance will be an advantage.
Experience
- Relevant experience in export banking, trade finance, international remittances, or banking operations.
- Experience in handling Letters of Credit, export bills, foreign exchange transactions, and bank documentation is preferred.
- Experience in an export-oriented trading, textile, yarn, fabric, or manufacturing organisation will be an advantage.
Required Skills
- Strong knowledge of export trade finance and banking operations.
- Understanding of Letters of Credit,export bill negotiation, and discounting.
- Knowledge of export proceeds realisation, foreign inward remittances, and applicable regulatory compliance.
- Strong coordination and negotiation skills with banks and financial institutions.
- Proficiency in MS Excel, and banking documentation.
📌 Export Banking & Operations (Kolkata)
🏢 SP Yarns
📍 Kolkata