Bank Guarantee Operations

Headquartered in Tokyo, Sumitomo Mitsui Banking Corporation (SMBC) is a leading global financial institution and a core member of Sumitomo Mitsui Financial Group (SMBC Group). Built upon our rich Japanese heritage since 1876, we put our customers first and provide seamless access to, from and within the Asia Pacific region.   SMBC is one of the largest Japanese banks by assets and maintain strong credit ratings across our global integrated network.  We work closely as one SMBC Group to offer personal, corporate and investment banking services to meet the needs of our customers.

With sustainability embedded within our strategy and operations, we are committed to creating a society in which today’s generation can enjoy economic prosperity and well-being, and pass it on to future generations.

• Knowledge to process BG  operations related to BG Issuance /Amendments and Invocation .
• Authorize Bank Guarantee Transactions 
• Collection of Commission on Bank Guarantees .
• Safe Keeping of Original BG / facility documents
• Knowledge of mandatory regulatory guidelines related to BG.
• Preparation and confirmation of all BG  data related to operations side for RBI and other authorities

• Filing of documents. Arranging & maintaining all files properly related to above transaction,
• Keeping & maintaining registers related to assigned work area
• Updation of volume tracker, fax and exception register related to above transactions
• Recon, Precob of  BG  operations
• Daily reporting
• Other work allocated by Management .
• Monitoring of Internal Account
• Customer Meeting

Key Skills & Knowledge:

• Knowledge	Skills	Experience	Qualifications
  Knowledge of Regulatory Reports . An understanding of RBI circular on Bank Guarantees .	Written and oral communication skills Analytical skills Detail oriented and organized Problem solving skills Proficiency in MS Office tools: Word Excel PowerPoint	10+ year relevant experience in similar role	A degree in the following subjects: Finance or Economics Commerce Accounting