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Banking Manager @ Ofb Tech

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 Banking Manager

Job Description

Roles & Responsibilities:

1.Export Banking & Financing:

i)Provide expert guidance on export financing options available to businesses.

ii)Manage export-related financial transactions, including letters of credit and bills of exchange.

iii)Assess the creditworthiness of export customers to minimize financial risk.

Analyze and execute export financing transactions in compliance with regulations.

2.Receivables Management:

i)Develop and implement strategies to optimize receivables and ensure timely payments.

ii)Monitor and manage disputed or overdue export payments, ensuring resolution.

iii)Track Days Past Due (DPD) and implement corrective actions to improve collections.

3.Risk Management:

i)Identify key risks associated with export banking and implement mitigation strategies.

ii)Manage high-risk export transactions with a structured risk assessment approach.

Stay updated with changes in export regulations and trade laws, ensuring compliance.

4.Analytical & Problem-Solving:

i)Assess the financial health of export businesses and identify potential risks.

ii)Handle situations where export customers face financial difficulties, developing viable solutions.

iii)Provide insights on complex export financing transactions and recommend improvements.


Job Classification

Industry: Textile & Apparel (Fashion)
Functional Area / Department: Risk Management & Compliance
Role Category: Finance
Role: Finance - Other
Employement Type: Full time

Contact Details:

Company: Ofb Tech
Location(s): Noida, Gurugram

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Keyskills:   Export Finance Bank Bank Guarantee Receivable Bank Reconciliation Letter Credit

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Ofb Tech

Company Description OFB Tech (OfBusiness) is a tech-enabled platform that facilitates raw material procurement and credit for SMEs with a focus in the manufacturing and infrastructure sectors. It integrates technology into SMEs' buying behaviour to make available better products, at better prices, ...