Trade Finance Manager

Job Description : EXPORT TRADE FINANCE MANAGER OUT OF NOIDA world's largest FMCG brand manufacturer and exporter with a legacy spanning over 120 years.They are India's first integrated company with a comprehensive product chain. Our client is a billion dollar top line company holding 45% market share in India and 50% share in export market. AsTrade Finance Manager-Export, you will be handling Business Development, sales, and distributorship for the assigned regions. What you will do: · Working and liaising with Ministry of Commerce, Customs etc to deal with issues in exports and other representations · Creating and delivering presentations for buyers and distributors for assigned region · Acting as a center of competence for the trade finance instruments portfolio management for the cluster countries. · Providing expert advice on trade finance instruments structure during the negotiation of and after the export sales contract is concluded. · Providing relevant advice and risk mitigation activities in case of non-standard instruments being requested. · Responsible for Knowledge of local legal environments, implications for the issuance of trade finance instruments, know-how of specific local instruments such as sureties, etc. · Driving standardization of F&B trade finance instruments wordings (standard templates, bank templates, global library, promotion of usage of international standards etc). · Following relevant rules and guidelines. · Releasing bank guarantee requests as part of the 4-eye principle. · Maintaining bank guarantee portfolio (new issuance, amendment, extend or pay, claims, closing, free formats). · Receiving the incoming messages, check the quality and content, agree with request and import accordingly. · Assigning advised export LCs to the relevant recipients as per maintained allocation guidelines or based on any other source of information (like beneficiary, goods description, etc.). · Participating in planning activities of Global CoE Trade Finance. · Budgeting support to Head Global CoE Trade Finance. · Supporting the Trade Finance Link development by providing input on identified, potential improvements. · Supporting importing country in maintenance of existing or requesting of a new stand-alone credit line. · Providing input on the bank performance / satisfaction survey preparation. · Preparing documents for Foreign Remittance (TT Payment) for Import & Service-related payment. · Preparing of Letter of Credit (LC) including Inland & Foreign & Bank Guarantee. · Maintaining data for LC & tracking for payment on due date. · Responsible for Submission / lodgments of export documents to the bank & give disposal instruction for forex realization. · Maintaining an MIS for export collection as per the lodgements of documents to know the timing of forex inflow & outflow · Trade financing and Checking LC documents of Local, Import and Export bills. · Responsible for Import LC issuing documentation and following up till establishment. · Responsible for Local LC bill Negotiation procedure dealing with bank. · Responsible for Forex hedging and rate negotiating with bank dealer. · Responsible for Derivative hedging procedure (Option & Forward), documentation up to deal settlement. · Maintaining Record of Import bill outstanding with hedging deal. · Responsible for Online payment of Customs duty, Statutory payments, supplier payments, Salary, Bank to Bank RTGS/NEFT and other General payments. · Checking and approving Voucher of Local and Import LC payment, Buyers Credit Journals, Bank Contra Required Candidate profile What you need to have: · CA/ ICWA with at least 8 to 10 years of similar experience and around 15 years finance experience · In depth knowledge of the Traditional Trade Products Commercial Letters of Credit, Standby Letters of Credit, Documentary Collections, Bankers Acceptances and Financing Solutions · Supply Chain Finance Products knowledge is a plus and preferred · Strategic thinking and demonstrated analytical skills · Proven leadership and coaching skills; ability to lead and influence others · Strong leadership and technical expertise in managing day-to-day activities and workflows · Ability to Develop and implement objectives, policies and procedures for Trade Finance · Proven capability to direct, train and motivate subordinates to perform to consistently high standards in a team environment · Strong sense of ownership · Ability to ensure effective delivery processes with a view to warrant smooth workflow, achieve efficiency and cost benefits · Proven analytical and decision making skills · A good team player and ability to work effectively in a team environment · Independent, self-motivated, high energy, able to succeed in a fast-paced environment · Excellent communication skills with strong organizational and multi-tasking abilities · Ability to develop advisory relationships with clients, stakeholders and business partners · Proven track record of results-oriented performance; building and influencing strategic relationship · Proven ability to establish, develop and manage relationships to help understand and manage the business and personal factors that influence decision making

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