Corporate Banking Executive

BEC Group; Muscat; On-site; OMR 18,000 - 30,000; Full time

Job summary

The BEC Group in Muscat, Oman, seeks an experienced Corporate Banking Manager to oversee BGs, LCs and facilities, ensuring timely processing and accurate documentation while adhering to policies.

You will coordinate with banks, procurement, and logistics teams to resolve discrepancies, monitor utilizations and renewals, and maintain strong banking relationships for favorable terms.

Qualifications

• Bachelor's degree in Finance, Accounting, Banking, or Business Administration.
• 4-8 years of relevant experience in corporate banking, treasury, or finance operations.
• Hands-on experience in Bank Guarantees, Letters of Credit, and corporate banking facilities.
• Experience dealing with commercial banks and corporate relationship managers.

Responsibilities

• Manage and coordinate the company’s corporate banking activities including Bank Guarantees BGs, Letters of Credit LCs and banking facilities ensuring timely processing, effective utilization of bank limits, accurate documentation and compliance with banking requirements and company policies.
• Handle issuance, amendments, extensions, renewals and cancellations of bank guarantees; monitor expiry dates, outstanding guarantees, margins and available bank limits.
• Coordinate opening amendments, documentation and settlement of import/export LCs; liaise with banks, suppliers, procurement and logistics teams to resolve discrepancies and ensure timely processing.
• Monitor overdrafts, term loans, working capital facilities and other credit lines; coordinate facility renewals, enhancements, documentation, repayments and utilization reports.
• Maintain relationships with banks and relationship managers; follow up on pending transactions, obtain bank quotations and monitor interest rates, commissions and service charges.
• Maintain updated BG and LC registers; monitor banking exposure; reconcile bank charges and prepare periodic reports on facility utilization and outstanding commitments.
• Ensure proper banking documentation, KYC compliance, audit trails and adherence to internal policies and banking regulations.

Skills

Trade finance

Corporate banking

Coordination skills

Negotiation

Follow-up skills

Analytical ability

Numerical skills

MS Excel

ERP systems

Attention to detail

Education

Bachelor's degree in Finance/Accounting

Tools

MS Excel

ERP systems

Job description

strong Role amp responsibilities strong

To manage and coordinate the company s corporate banking activities including Bank Guarantees BGs Letters of Credit LCs and banking facilities ensuring timely processing effective utilization of bank limits accurate documentation and compliance with banking requirements and company policies

Bank Guarantees BGs

• Handle issuance amendments extensions renewals and cancellations of bank guarantees Monitor expiry dates outstanding guarantees margins and available bank limits

Letters of Credit LCs

• Coordinate opening amendments documentation and settlement of import export LCs Liaise with banks suppliers procurement and logistics teams to resolve discrepancies and ensure timely processing

Bank Facilities

• Monitor overdrafts term loans working capital facilities and other credit lines Coordinate facility renewals enhancements documentation repayments and utilization reports

Bank Coordination

• Maintain relationships with banks and relationship managers follow up on pending transactions obtain bank quotations and monitor interest rates commissions and service charges

Reporting amp Reconciliation

• Maintain updated BG and LC registers monitor banking exposure reconcile bank charges and prepare periodic reports on facility utilization and outstanding commitments

Compliance amp Documentation

• Ensure proper banking documentation KYC compliance audit trails and adherence to internal policies and banking regulations

Skills amp Competencies

• Good knowledge of trade finance and corporate banking operations
• Strong coordination negotiation and follow-up skills
• Good analytical and numerical abilities
• Proficiency in MS Excel and ERP systems
• High attention to detail accuracy and ability to meet deadlines

Key Performance Indicators KPIs

• Timely processing and renewal of BGs and LCs
• Effective monitoring and utilization of banking facilities
• Accuracy of banking records and documentation
• Timely submission of banking reports and reconciliations
• Effective monitoring and control of bank charges and commissions
• Compliance with banking requirements and internal procedures

Bachelor's degree in Finance, Accounting, Banking, or Business Administration. 4-8 years of relevant experience in corporate banking, treasury, or finance operations. Hands‑on experience in Bank Guarantees, Letters of Credit, and corporate banking facilities. Experience dealing with commercial banks and corporate relationship managers.