Ankit Kumar Singh

Export Finance Operations (Head) September 2024 – Present

• Leading export finance operations at the back office in Mangalore with a strong focus on strategic management and client satisfaction.
• Delivering specialized services to over 400 export-financed customers, managing a business portfolio valued at approximately ₹3,000 Crores.
• Demonstrating expertise in export financing, documentation, and comprehensive client portfolio management to optimize trade finance solutions.

Import LC Department (Head) June 2022 – September 2024

• Successfully managed the Import Letter of Credit department at the centralized back office in Mangalore.
• Established over 10,000 Letters of Credit, meticulously adhering to UCP guidelines and ISBP standards.
• Ensured smooth operations and compliance by underwriting LCs with precision and expertise.
• Successfully facilitated significant business growth through Buyers Credit and Suppliers Credit initiatives.
• Secured funding via External Commercial Borrowings (ECB) and Trade Credits, contributing to effective financial management and international trade support

Key Achievements (2019–2022)

• Spearheaded export and import business operations, overseeing half of Rajasthan's forex transactions, amounting to ₹500 Crores in turnover.
• Focused on industries such as handicrafts, agricultural exports, and textiles, driving business growth and supporting industry-specific financial needs.
• Ensured seamless execution of international trade finance solutions while maintaining compliance with regulatory frameworks.

Foreign Exchange Front Desk Operations August 2016 – June 2019

• Managed front desk operations in foreign exchange, specializing in products such as Export Financing, Establishing Letters of Credit, Bill Discounting, Inward and Outward Remittances, FDI, and ODI.
• Effectively serviced the Mumbai West area, overseeing operations across 35+ C-category branches of Union Bank of India, spanning from Andheri to Palghar.
• Demonstrated expertise in streamlining processes and delivering exceptional customer service in international banking operations.

Branch Operations and Team Leadership 2012 – 2016

• Led a team of 10 staff members, effectively managing a business portfolio of ₹70 Crores.
• Focused on key areas such as Retail Advances, Corporate Advances, CASA, and third-party products, including Insurance and Mutual Funds.
• Consistently achieved branch targets across all parameters, demonstrating strong leadership and operational excellence.