Trade Finance and Services – Product Manager (Capital Account Transactions – FEMA)

About Company 

Yes Bank is an Indian bank headquartered in Mumbai, India. It offers wide range of differentiated products for corporate and retail customers through retail banking and asset management services.

Job Title : Trade Finance and Services – Product Manager (Capital Account Transactions –FEMA )

Job Responsibilities:

• To be completely responsible for managing end to end product function related to Capital Account Transactions under FEMA Regulations – Overseas Investments, External Commercial Borrowings, Foreign Investments in India, Liaison Office, Branch Office & Project Office (LO/BO/PO) etc.
• Liaise, coordinate with internal & external stakeholders for formulation & implementation of product policy. Keeping track of new/changes in guidelines for immediate implementation thereof.
• Conceptualize, plan, and execute roll out of new product variants, service to grow existing revenue stream.
• Meeting clients along with Sales team and providing advisory on complex structures in compliance with FEMA guidelines
• Provide guidance on policy/procedure, regulatory compliance, and operations/system-related issues and strengthen risk management.
• To provide product innovation, policies, and support structuring facilities to assist sales & coverage team to grow the Capital Account Transactions’ flows.
• Create, maintain & disseminate suitable business analytics & presentations.
• Handling of queries raised by auditors and internal stakeholders as part of due diligence and ensuring timely responses
• Scrutinizing and advising various applications going to RBI for approvals for the assigned products.