Chief Banking Operations Specialist

1 week ago


Mumbai, Maharashtra, India Black Box Full time

Job Title: Chief Banking Operations Specialist

About the Role

We are seeking an experienced professional to fill the role of Chief Banking Operations Specialist at Black Box. This is a challenging and rewarding position that requires strong banking operations expertise, excellent communication skills, and the ability to work independently.

Key Responsibilities
  • Manage international cash balances by monitoring and ensuring necessary balances in each country.
  • Prepare cash forecasting for assigned countries and consolidate cash forecasts from other countries.
  • Prepare payment runs, payment upload, payment preparation, currency exchange.
  • Manage bank guarantees issuance, renewal, closure, and associated accounting.
  • Control intercompany loans and prepare intercompany interest calculations, administration of loan agreements (control of limits, end dates and making of necessary adjustments in the agreements).
  • Monitor and settle interoffice balances.
  • Establish strong relationships with banking providers, administration of lists of authorized signatories, users and their approval rights.
  • Submit periodic reports to banks (CMA, QIS, FFR, Stock statements)
  • Manage user setup in banking systems.
  • Manage compliance with banking providers, update of KYC forms, authorized signatory forms, new user forms
  • Work on implementation of enhancements/automation to our ERP system and its link to banking systems
  • Administer company credit card, ordering cards, manage credit limits, assist employees with issues.
  • Inform management of progress and roadblocks, identify actions required.
  • Manage India import payments, foreign vendor accounting, and compliance with RBI guidelines.
  • Reconcile bank accounts.
Requirements

To be successful in this role, you will need:

  • Bachelor of Commerce degree, CA Inter, or PGBM qualification.
  • Minimum 10 years of experience in a similar role.
  • Strong knowledge of banking operations, trade finance, and treasury management.
  • Hands-on experience in SAP is a must.
  • Excellent communication and interpersonal skills.
  • Ability to work independently and as part of a team.
  • Attention to detail and ability to meet tight deadlines.
Salary and Benefits

The estimated salary for this position is ₹60-80 lakhs per annum, depending on experience and qualifications. Additional benefits include health insurance, retirement plan, and opportunities for professional growth and development.



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