Manager - Foreign Trade & Investment Credit

Job Description

Title: Manager - Foreign Trade & Investment Credit

Company Name: A&I Group

Vacancy: 1

Age: At least 28 years

Job Location: Dhaka (Banani)

Salary: Negotiable

Experience:

• At least 5 years
• The applicants should have experience in the following business area(s): Banks, Investment/Merchant Banking

• Master of Business Administration (MBA) in Finance & Banking

• At least 5 years
• The applicants should have experience in the following business area(s): Banks, Investment/Merchant Banking

• Age At least 28 years

Foreign Trade:

• Having comprehensive knowledge in foreign trade (Import/Export) business operations, documentations along with foreign trade regulations act, publications and guidelines of Bangladesh Bank for foreign trade transactions.
• Advising of Export L/C (Both Local and Foreign). Checking of Export L/C & opening of Back to Back L/Cs against the same as per entitlement.
• Scrutiny of related import documents lodgment, obtaining acceptance & confirming maturity date against Back to Back L/Cs.
• Negotiation of Export Documents and passing of vouchers thereof.
• Opening and payment of Local L/C. Preparation & checking of all vouchers related to all transaction related to export & import bills settlement including recovery of interests, commission and charges.
• Process cash incentive/Duty Draw back cases within the set rules & Regulation.
• Ensure proper & timely correspondences in relation to FED With concerned parties/ authorities.
• Monitoring all statutory submission & compliances of all governing requirements with the proper authority/ departments.
• Checking monitor and ensure the proper documentation against sanction limits and compliances of all terms and conditions by the clients.
• Preparation of Monthly Commodity Statement, Proof sheet, monthly, quarterly and half yearly statement.
• Posting of On-Line Exp Monitoring in the On-Line Export Management System of Bangladesh Bank.
• Issuance of FTT & FDD from ERQ Account for business development.
• Preparation and timely submission of all kinds of related statement to the concerned authorities.
• Executing any other duties as and when required by the Management.

Investment Credit:

• Evaluate credit worthiness and risks. Conduct to gather financial data and documentation.
• Calculate financial ratios (e.g. credit scores and interest rates)
• Set up payment plans
• Maintain updated records of loan applications
• Follow up with clients about loan renewals. Monitor progress of existing loans.
• Any other work assign by Top Management