Assistant Treasury Manager

Assistant Manager- Treasury/Corporate Banking-

Responsibilities

• Serve as the primary liaison between clients, project teams, internal departments, and banking partners for BG and LC-related matters.
• Ensure transparent communication, facilitating a clear understanding of BG and LC terms, clauses, and requirements.
• Collaborate closely with project team/clients to obtain comprehensive clarity on BG and LC clauses, terms, and specific needs.
• Work in conjunction with legal and compliance teams to ensure all documents and agreements comply with relevant regulations and policies.
• Establish and maintain a meticulous tracking system for BGs and LCs, ensuring accurate and up-to-date information.
• Regularly review and update tracker status, payment details, and expiration dates.
• Perform regular bank reconciliations to match bank statements with internal records, identifying and resolving any discrepancies.
• Ensure accuracy in financial transactions, identifying and addressing any inconsistencies promptly.
• Collaborate seamlessly with internal teams such as finance, legal, and project management to gather necessary information and documentation for BGs, LCs, and bank reconciliations.
• Keep all relevant parties informed about the progress and status of transactions and reconciliations.
• Cultivate and nurture strong relationships with banking partners to expedite BG and LC issuance and address any potential concerns.
• Stay informed about changes in banking regulations and procedures affecting BG and LC processes.
• Promptly identify and address any discrepancies or issues related to BGs, LCs, and bank reconciliations, implementing effective solutions.
• Provide expert advice to clients regarding BG and LC matters, helping them understand processes, requirements, and implications.
• Generate regular reports on BG and LC activities, as well as bank reconciliation results, ensuring all stakeholders are informed.

Facilitate open communication within the team, sharing relevant updates, insights, and collaborating effectively to achieve common goals.

Qualifications

CA- Inter/ CMA- Inter/ MBA finance/ MCOM/ BCom

• Proficiency in Advanced Excel
• Excellent communication, interpersonal skills, and presentation skills are a must
• Demonstrated experience in banking operations, particularly in BG and LC management, as well as bank reconciliation.
• Ability to efficiently handle a team, delegation of work, and getting the work done on time with effectiveness.
• Strong knowledge of international trade practices, banking regulations, and legal considerations
• Proficiency in banking software, tools, and reconciliation platforms.