# Director of Banking

> Vinmar International · Mumbai, India (Hybrid) · Full-time · Posted 2026-10-02

**Workplace:** hybrid

**Department:** Vinmar Business Services

## Description

**The Director of Banking** oversees the company’s global banking operations, including maintaining banking relationships, managing daily banking activities, and receiving payments for documents handled by the banking team. This role leads a team responsible for Export Letters of Credit, Availized Drafts, Export Collections, Open Account transactions, and banking compliance across multiple international regions.

The Director serves as a key liaison between internal stakeholders, company branch offices, global banking partners, documentation and logistics teams, treasury, and shared service operations. The role is responsible for ensuring the timely resolution of export LC-related issues, facilitating the prompt execution of financial transactions to accelerate payment from banks, maintaining regulatory and banking compliance, and effective coordination among cross-functional teams to optimize operational efficiency and customer service.

This Position Directly reports to the Senior Director – Global Banking at Vinmar Corporate Office – Houston, TX, USA.

**Key Responsibilities:**

**Global Banking & Trade Finance:**

-   Assist, develop, and maintain bank relationships around Letters of Credit.
-   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. Improve processes as needed.
-   Ensure Global Banking teams provide timely, accurate banking of export documentation in line with bank 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

**Banking Operations:**

-   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, coordinate with documentation and banking teams for efficient banking, and escalate 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, document negotiations & payments - set at various global banks.

**Risk Management & Compliance:**

-   Ensure compliance with UCP 600, ISBP, international banking regulations, sanctions requirements, and company policies.
-   Review and analyze discrepancies identified by banks and internal teams, guiding corrective actions and escalation when necessary.
-   Develop and maintain strong internal controls related to banking operations.

**Effective team coordination & Process Improvement:**

-   Develop and mentor internal banking team personnel at the VBS India banking team and the 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. Ensure effective management of processes to be ensured and monitor them.
-   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.

## Requirements

**Education & Experience**

-   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.

**Technical Knowledge**

-   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 Practices for Documentary Credits (Rev. 2007)
-   ISBP – International Standard Banking Practice (Rev. 20027)
-   ISP98 – 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.

**Leadership Competencies**

-   Accountability and Dependability.

-   Strong analytical and problem-solving abilities.
-   Excellent communication and negotiation skills. Positive attitude.
-   Effective Escalation skills
-   Ability to manage multiple priorities in a fast-paced global environment.
-   Close attention to detail and strong risk management mindset.
-   Proven ability to lead cross-functional and international teams.
-   Demonstrated commitment to continuous improvement, process optimization, and technology adoption.
-   Positive, results-oriented approach to daily activities and motivating teams.

## Benefits

-   Private Health Insurance
-   Paid Time Off
-   Work From Home
-   Training & Development
-   Performance Bonus

## Apply

[Apply at Vinmar International](https://apply.workable.com/vinmar-international/j/5EB36F3C1B/apply)

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