4 Bank Guarantees Jobs

Job Description: We are seeking a detail-oriented and proactive Finance and Project Control Officer to manage various financial and project-related activities. The role involves overseeing Letters of Credit (LC), Bank Guarantees (BG), project milestones, after-sales services, and customer credit management. You will work closely with the project team, finance department, and banks to ensure smooth financial operations and timely payments. Key Responsibilities Letters of Credit (LC) Management: Process LC applications, track usage, and ensure proper submission of documents to the bank for LC acceptance. Monitor claims against LC, track LC receipts, and ensure proper usage and balances are available for future transactions. Project Monitoring & Payment Management: Track project progress and check for milestone achievement. Collaborate with the project team to gather necessary documentation and raise milestone payment requests. Follow up with relevant teams for payment approvals and track payment progress until completion. Bank Guarantees (BG) Tracking: Monitor BGs issued for projects and ensure timely follow-up for BG reduction as per the project progress and contractual arrangements. Overdue Interest and LD (Liquidated Damages) Tracking: Keep track of overdue interest and potential liquidated damages related to delayed payments or project timelines. After-Sales Service and Invoice Management: Oversee after-sales service business operations by tracking invoices raised and mapping them to appropriate F codes. Perform regular collection follow-ups and ensure timely payments are received. IC (Intercompany) Transactions Management: Manage and clean up intercompany (IC) transactions, ensuring proper reconciliation and compliance with internal controls. Credit Limit Monitoring: Monitor the credit limits utilized by customers and implement credit locks for invoicing when necessary, ensuring compliance with credit policies 8. AR (Accounts Receivable) Reconciliation: Perform regular reconciliation of accounts receivable to ensure the accuracy of customer balances. Identify and resolve discrepancies between records and ensure outstanding invoices are followed up for payment.

Role Description Its a popular perception that if you have experience in Trade Finance Operations, you are never out of job. We handle multiple products like Letter of Credit, Collections, Bank Guarantees etc. Depending on your appetite to learn, you will get enough opportunities to learn multiple products/processes. The learning never ends in Trade Finance Operations. Our subject matter experts will ensure that you get the necessary training on the products and processes Your key responsibilities Day to day management of Process Service Delivery Serve as Internal/external escalation point Serve as technical operational expert for queries from clients/team members etc. Monitoring and controlling workflows Spearhead various process improvement initiatives Ensuring closure of tasks within prescribed SLAs Identifying operational risks proactively and mitigating appropriately. Offering guidance with individual and team challenges Effective Multitasking Effective Delegation to direct reports Ensure structured upward & downward communication Assist with recruitment and training process Supervise and manage development of team members Drive projects and efficiency initiatives Ensure adequate back-ups created for all critical positions and assist other teams during contingencies (Staff shortage, high volumes etc). Work very closely with the process owners/stakeholders and other internal clients for overall growth of the banks business Your skills and experience Possesses adequate understanding of Trade related rules and guidelines as commissioned by ICC (ICC/ UCP/URC etc) Good understanding of legal, credit and operational risks in handling of Trade product/services Good communication skills (oral and written) Flexible to work in late night shifts. CDCS Certification is an added advantage.

Role Description Its a popular perception that if you have experience in Trade Finance Operations, you are never out of job. We handle multiple products like Letter of Credit, Collections, Bank Guarantees etc. Depending on your appetite to learn, you will get enough opportunities to learn multiple products/processes. The learning never ends in Trade Finance Operations. Our subject matter experts will ensure that you get the necessary training on the products and processes Your key responsibilities Day to day management of Process Service Delivery Serve as Internal/external escalation point Serve as technical operational expert for queries from clients/team members etc. Monitoring and controlling workflows Spearhead various process improvement initiatives Ensuring closure of tasks within prescribed SLAs Identifying operational risks proactively and mitigating appropriately. Offering guidance with individual and team challenges Effective Multitasking Effective Delegation to direct reports Ensure structured upward & downward communication Assist with recruitment and training process Supervise and manage development of team members Drive projects and efficiency initiatives Ensure adequate back-ups created for all critical positions and assist other teams during contingencies (Staff shortage, high volumes etc). Work very closely with the process owners/stakeholders and other internal clients for overall growth of the banks business Your skills and experience Possesses adequate understanding of Trade related rules and guidelines as commissioned by ICC (ICC/ UCP/URC etc) Good understanding of legal, credit and operational risks in handling of Trade product/services Good communication skills (oral and written) Flexible to work in late night shifts. CDCS Certification is an added advantage.

Role Description Its a popular perception that if you have experience in Trade Finance Operations, you are never out of job. We handle multiple products like Letter of Credit, Collections, Bank Guarantees etc. Depending on your appetite to learn, you will get enough opportunities to learn multiple products/processes. The learning never ends in Trade Finance Operations. Our subject matter experts will ensure that you get the necessary training on the products and processes Your key responsibilities Day to day management of Process Service Delivery Serve as Internal/external escalation point Serve as technical operational expert for queries from clients/team members etc. Monitoring and controlling workflows Spearhead various process improvement initiatives Ensuring closure of tasks within prescribed SLAs Identifying operational risks proactively and mitigating appropriately. Offering guidance with individual and team challenges Effective Multitasking Effective Delegation to direct reports Ensure structured upward & downward communication Assist with recruitment and training process Supervise and manage development of team members Drive projects and efficiency initiatives Ensure adequate back-ups created for all critical positions and assist other teams during contingencies (Staff shortage, high volumes etc). Work very closely with the process owners/stakeholders and other internal clients for overall growth of the banks business Your skills and experience Possesses adequate understanding of Trade related rules and guidelines as commissioned by ICC (ICC/ UCP/URC etc) Good understanding of legal, credit and operational risks in handling of Trade product/services Good communication skills (oral and written) Flexible to work in late night shifts. CDCS Certification is an added advantage.