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Job Summary: We are looking for an experienced and detail-oriented Accounts Executive or Manager with a solid background in banking operations . The ideal candidate will be responsible for managing funding and non-funding based banking limits , handling bank guarantees and Letters of Credit (LCs) , and executing forex transactions and their closures efficiently. This role requires hands-on experience in corporate banking coordination , excellent negotiation skills with banks, and the ability to monitor financial exposures, risks, and compliance protocols. Key Responsibilities: 2. Bank Guarantees and Letters of Credit (LC) 3. Forex Transactions and Closures 4. Treasury & Compliance 5. MIS and Reporting Banking Operations & Limits Management Manage and monitor the utilization of fund-based (e.g., overdrafts, term loans, CC limits) and non-fund-based (e.g., bank guarantees, LCs) limits. Handle renewal and enhancement of banking facilities in coordination with internal teams and banking partners. Prepare and maintain documentation for availing and renewing banking limits including CMA data, financial statements, projections, etc. Prepare and process applications for issuance, amendment, and closure of bank guarantees and LCs. Ensure timely submission and renewal of performance/security/commercial guarantees and related compliance. Reconcile LC and BG-related data with banks and vendors regularly. Coordinate with banks and treasury desks for booking forex contracts, monitoring forward cover positions, and ensuring compliance with FEMA and RBI guidelines. Execute and record forex transactions, including inward/outward remittances and settlements. Track and close open exposures, ensuring hedging strategies are in place. Liaise with banks for treasury-related activities and manage cash flows. Ensure compliance with banking covenants, loan documentation, and internal audit requirements. Handle statutory, tax-related, and regulatory documentation with respect to treasury operations. Prepare regular reports on bank limit utilization, interest and forex charges, and cost of funding. Present banking dashboards to senior management with actionable insights. Desired Skills: Strong analytical and numerical skills Excellent communication and negotiation skills High attention to detail and ability to manage multiple banking relationships Knowledge of international trade finance instruments is a plus Requirements Key Requirements: Education: Bachelor's degree in Commerce/Finance; CA Inter / MBA (Finance) preferred. Experience: 3-6 years (Executive); 6+ years (Manager) of relevant experience in banking operations, preferably in a corporate treasury environment. Technical Proficiency: Strong understanding of banking products and forex operations Proficient in MS Excel, ERP platforms (Tally, SAP, etc.) Familiarity with RBI guidelines and FEMA compliance Show more Show less
