Job Title: Banking & Trade Finance Executive
Department: Finance and Accounts
Industry: Manufacturing / Engineering
Job Type: Full-time
Job Brief
We are seeking an operational Banking & Trade Finance Executive from the manufacturing sector. You will manage daily corporate banking operations, execute vendor payments, and closely coordinate with banks to issue Letters of Credit (LC) for raw material procurement and Bank Guarantees (BG) for customer projects and tenders.
Key Responsibilities
- Trade Support: Coordinate with banks to issue and amend LCs for raw material procurement, ensuring compliance with supplier credit terms.
- Tender & Project BGs: Draft and secure financial, performance and advance payment Bank Guarantees required for project tenders and clients.
- Vendor Payment Execution: Initiate daily supplier, freight, and statutory payments (via RTGS, NEFT) through corporate net-banking portals.
- Daily Bank Coordination: Act as the primary liaison for banking relationship managers to resolve transactional queries, submit KYC updates, and track loan/overdraft accounts.
- Documentation & Logistics Link: Verify commercial invoices and other documents against issued LCs to ensure discrepancy-free bank processing.
Qualifications and Skills
- Experience: 2–5 years of accounts, treasury, and trade finance. (Knowledge of LC and BG processing is a must)
- Technical Skills: Proficiency in corporate banking portals and accounting
Pay: ₹300,000.00 - ₹600,000.00 per year
Work Location: In person
