Sonam Maruti Maruche

INLAND BILL DISCOUNTING

• Executed Inland Bill Discounting transactions under Letter of Credit, both on pre and post-acceptance basis
• Conducted thorough document scrutiny for all Letter of Credit transactions
• Managed the lodgement and realization process for collection documents
• Handled Invoice Bill Discounting and Factoring transactions efficiently
• Proactively monitored and managed payments, diligently following up with team members to ensure timely receipt
• Led and managed various trade finance activities including: Invoice Discounting, Factoring, Payable Finance, Purchase Finance, Limit Shifting, Due Date Extension,bill lodgement ,post acceptance and pre acceptance transactions etc.

BANK GUARANTEE

• Demonstrated understanding of and adherence to federal and state regulations for financial aid.
• Bank Guarantee issuance against 100% fixed deposit (FD) backed and limit backed issuance on daily basis.
• counter bank guarantee issuance.
• Facilitated swift messaging for seamless communication in Bank Guarantee operations.
• 2.Ensured all transactions were processed within the stipulated Turnaround Time (TAT)
• Performed quality assurance checks on completed translations for errors or inconsistencies and Actively ensured increased efficiency ratio by minimizing rejects and avoiding re-opens across all trade finance activities.
• Processing Bank Guarantee tenor extension and reduction as per the requirement.

• Provided strategic recommendations for credit policy improvements, ensuring compliance and risk mitigation while delivering high-quality customer service
• Collaborated with Product Head to design and launch new products
• Ensured efficient implementation of credit policies, maintaining a high-quality retail portfolio within target Turnaround Time (TAT)