Export & Import Banking Executive

Candor Textiles Pvt. Ltd.; Indore District; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Candor Textiles Pvt. Ltd. in Indore, MP, seeks an Executive Export & Import Banking to manage export/import banking transactions, trade finance operations, and foreign exchange activities in line with RBI/FEMA/DGFT regulations.

The role covers packing credit, LC verification, forward cover, and reconciliation across EDPMS/IDPMS, with a focus on compliance and accurate reporting to support audits.

Qualifications

• Experience in export/import banking and trade finance.
• Familiar with LC, EPC/packing credit, bill collection, UCP 600, URC 522 and Incoterms.
• Working knowledge of FEMA, RBI regulations, EDPMS, IDPMS and export realisation.
• ERP/CRM familiarity with SAP/Tally and related ERP tools.
• Textile export-import cycle understanding beneficial.

Responsibilities

• Manage export banking activities, including packing credit, submission of shipping documents, export bill negotiation and discounting, and tracking export realisation.
• Verify export documents against Letter of Credit (LC) terms in accordance with UCP 600.
• Coordinate forward cover, obtain FIRC/e-BRC, and reconcile shipping bills and inward remittances through EDPMS.
• Handle import banking transactions, including opening LCs, bank guarantees, import payments, and reconciliation through IDPMS.
• Liaise with banks for remittances, LC processing, bill collection, banking charges, and other trade finance requirements.
• Maintain daily bank transaction records and perform bank reconciliations.
• Monitor receivables, payables, LC and bill due dates, EPC liquidation dates, and forward contracts.
• Update EPC ledgers, buyer-wise payment status, and follow-ups in CRM/ERP systems.
• Coordinate with sales teams for overdue payments and resolve queries with bank relationship managers.
• Coordinate forex forward contracts with authorised dealer banks and monitor currency exposure.
• Handle export benefit claims, including Duty Drawback, RoDTEP, and RoSCTL, in coordination with the logistics team.
• Ensure compliance with FEMA, RBI, and applicable DGFT requirements and support internal and external audits.

Skills

Export banking

Trade finance

LC/UCP 600

EPC/Packing Credit

Forex

ERP systems

SAP/Tally

Regulations

Communication

Education

B.Com / M.Com / MBA (Finance)

Tools

EDPMS

IDPMS

e-BRC

Job description

Job Title: Executive Export & Import Banking

Location: Indore, Madhya Pradesh
Experience: 3–6 Years
Qualification: B.Com / M.Com / MBA (Finance)
Department: Finance & Accounts / Treasury

Job Summary

Responsible for managing export and import banking transactions, trade finance operations, foreign exchange activities, and ensuring compliance with applicable RBI, FEMA, and DGFT regulations.

Key Responsibilities

• Manage export banking activities, including packing credit, submission of shipping documents, export bill negotiation and discounting, and tracking export realisation.
• Verify export documents against Letter of Credit (LC) terms in accordance with UCP 600.
• Coordinate forward cover, obtain FIRC/e-BRC, and reconcile shipping bills and inward remittances through EDPMS.
• Handle import banking transactions, including opening LCs, bank guarantees, import payments, and reconciliation through IDPMS.
• Liaise with banks for remittances, LC processing, bill collection, banking charges, and other trade finance requirements.
• Maintain daily bank transaction records and perform bank reconciliations.
• Monitor receivables, payables, LC and bill due dates, EPC liquidation dates, and forward contracts.
• Update EPC ledgers, buyer-wise payment status, and follow-ups in CRM/ERP systems.
• Coordinate with sales teams for overdue payments and resolve queries with bank relationship managers.
• Coordinate forex forward contracts with authorised dealer banks and monitor currency exposure.
• Handle export benefit claims, including Duty Drawback, RoDTEP, and RoSCTL, in coordination with the logistics team.
• Ensure compliance with FEMA, RBI, and applicable DGFT requirements and support internal and external audits.

Required Skills

• Strong knowledge of export-import banking and trade finance.
• Practical experience with LC, EPC/packing credit, bill collection, UCP 600, URC 522, and Incoterms.
• Working knowledge of FEMA, RBI regulations, EDPMS, IDPMS, e-BRC, and export realisation.
• Proficiency in Advanced Excel and ERP tools such as SAP/Tally; CRM experience preferred.
• Understanding of the textile export-import cycle.
• Strong communication, coordination, follow-up, and attention-to-detail skills.