Senior Banking Manager

Responsibilities

• Manage global banking operations supporting export transactions across multiple international business units.
• Oversee the processing, negotiation, and administration of Export Letters of Credit (LC), Documentary Collections (CAD, D/P, D/A), Open Account transactions, and other trade finance instruments. Improvise processes as needed.
• Ensure – Global banking teams - timely and accurate banking of export documentation at banks and regulatory requirements. Escalate to banks when KPI’s are not met and resolve.
• Interpret and advise internal stakeholders on LC clauses, amendments, discrepancies, and documentary requirements. Suggest solutions as needed.
• Efficiently manage daily export banking activities, payment processing, collections monitoring, and ensure cash projections are updated by global banking teams daily.
• Monitor payment status, collection activities, and outstanding banking transactions to ensure timely resolution.
• Review and analyze banking reports, co-ordinate with documentation and banking teams for efficient banking and elevate as needed also monitor payment forecasts to identify risks and improvement opportunities.
• Partner with banking institutions to resolve transaction delays, payment discrepancies, fees, and operational issues. Implement and monitor KPI standards for advising / confirming LCS, documents negotiations & payments - set at various global banks.
• Ensure compliance with UCP 600, ISBP, international banking regulations, sanctions requirements, and company policies.
• Review and analyze discrepancies identified by banks and internal teams, providing guidance on corrective actions and escalation when necessary.
• Develop and maintain strong internal controls related to banking operations.
• Develop, and mentor internal banking team personnel at VBS India banking team and Houston Banking team.
• Establish performance metrics, workflows, and service standards for global banking operations.
• Drive continuous improvement initiatives to enhance efficiency, reduce cycle times, and strengthen controls. Effective management of processes to be ensured and monitored.
• Partner with technology teams to improve banking systems, automation, reporting capabilities, and process standardization.
• Utilize AI, automation, and digital tools to streamline banking workflows, reduce manual processing, and improve operational visibility. Suggest positive solutions as needed.

• Bachelor's degree in Finance, Accounting, Business Administration, Economics, International Business, or related field.
• 15+ years of experience in banking operations, cash projections, trade finance, export documentation, and international banking.
• 5+ years of leadership experience managing banking teams in Banks or Corporate office.
• Strong understanding of global banking practices and trade finance instruments.
• Export Letters of Credit (LC) and Export Standby Letters of Credit (SBLC).
• Export Documentary Collections (CAD, D/P, D/A, NET).
• Open Account transactions.
• UCP 600 – Uniform Customs and Trade Practice for Documentary Credits (Rev. 2007).
• ISBP – International Standard Banking Practice (Rev. 20027).
• ISP
  98 – International Standby Practices.
• Compliance Regulation.
• International trade finance regulations.
• Experience working with ERP systems such as SAP.
• Advanced proficiency in Microsoft Excel and financial reporting tools.