Banking Officer

6 days ago


Bengaluru, India Formosa Synthetics Pvt Ltd Full time

Bank Related Work

2. Coordination with the bank regarding the above and ensuring the timely opening of the same.

3. Reasonable knowledge of the In-Coterm and UCP 600 Guidelines for handling the discussion with the bank for any clause disagreement in FLCs and BGs.

4. Reasonable knowledge of the RBI and FEMA Guidelines related to Import Letter of Credit and importation of Goods.

5. Maintaining the records and Excel sheets related to above FLC and other foreign bills like DA/ DP Bills till their maturity.

6. Handling of the Bill of entries for the said foreign Bill and providing the same to bank for their squaring off in the IDPMS system maintained with Banks.

7. Reasonable knowledge about the Forex Market for hedging like forward contract and options (derivatives) booking, and coordinating with the concerned bank dealing room to execute the order and completing the formalities for booking and record keeping for future operations at the time of retirement of the underline fills, etc.

**Job Types**: Full-time, Regular / Permanent

**Salary**: ₹600,000.00 - ₹600,001.00 per year

Schedule:

- Morning shift

**Speak with the employer**
+91 8088096148


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