- Offering bouquet of Trade Finance products viz. Letter of credit, Bank Guarantee, Pre-shipment credit & Post Shipment Finance to eligible customers.
- Dealing with clients on operational issues pertaining to LC issuance & subsequent amendments, discrepancies in documents, Payment of Sight & Usance bills, Advance payment against Imports, Issuance of Bank guarantees.
- Scrutiny of Export Bills received on collection basis, Export LC advising &
confirmation, Negotiation of Foreign Bills (Purchasing or Discounting), Invoice financing.
- Identifying unutilized sanctioned credit limits & ensuring its maximum utilization by clients.
- Negotiating rates & booking forward contracts with Treasury on behalf of clients.
- Imparting training to team on UCP 600, ISBP 745, INCOTERMS & FEMA guidelines.
- Appropriate settlement of Export realization against Shipping Bills and Import payments against Bill of Entry in centralized portal of Reserve Bank of India (RBI).
- Timely submission of monthly & quarterly statements to concerned offices in strict compliance with guidelines issued by RBI, FEMA, FEDAI.
- Leading additional team of 3 members exclusively engaged with NRI clients in terms of Account opening, Term deposits including FCNRs, KYC updation, Currency exchange, Remittances etc.
