Aryan

Deputy Manager

Axis Bank

01.2024 - Current

Trade Outward Remittances (A2 payments)
Advance Import Payment (A1 payments)
Conducting scrutiny and authorizing direct payment.
Conducting scrutiny of advance payment against import and services payments.
Firco screening and UBO check.
Executing and authorizing the transactions of import and inward remittance (credit to customers).
RBI - (Purpose Code Change, FETERS)
Foreign Demand Draft (MT110, MT111).
Expertise in the processing of export bills (collection, direct, free bill).
Handling of outward SWIFT messages through ARC (Axis RemitConnect) by assigning it to branches, departments, and replying to foreign banks through authenticated SWIFT messages.
Generating TBML (Trade-Based Money Laundering) reports on a regular basis of trade outward transactions.
Simultaneously, as part of the Internal Control Processing Team, I used to analyze data and keep records for monthly certifications and staff positions on a monthly basis. I ensured the processing of transactions within the stipulated TAT and adherence to regulatory guidelines.
SWIFT payments (MT 103, MT 202, MT 199, MT 110, MT 111).
Regular interaction and knowledge sessions with large branches, like Corporate Branch Banking (CBB), main branches with their CSMs, service heads, and trade CSOs across the country, for smooth functioning and processing of transactions.
Authorizing the drafted SWIFT messages to process international financial transactions.
Managing the communication received from foreign banks and stopping fraudulent translations based on given norms and RBI guidelines.
Handing vendor payments related to office expenses activities.
Sending miscellaneous MIS report to the central office.
Daily reporting of transactions processed data to the central office.
Handing the swift recone dashboard.
Handing the credit and debit outstanding of the mirror.