Bhavna Mehndiratta

• Manage and supervise routine trade transactions such as Inward and Outward Remittances including Merchant Trade Transactions.

• Ensuring timely completion of customs documentary compliances such as bill of entries and shipping bill regularisation.

• Guide clients with various trade financial solutions such as Letter of credit, Documentary collection, Bank Guarantees, loans and working capital financing pre shipment and post shipment.

• Ensured compliance with regulatory requirements by conducting thorough due diligence on all trade finance transactions.
• Streamline trade finance processes by implementing efficient procedures and documentation practices, reducing processing time and errors.
• Mentored junior team members in trade finance best practices, contributing to overall team success and productivity.
• Evaluated trade finance applications, assessing viability and risk factors before recommending appropriate financing options such as pre shipment and post shipment financing , bill discounting,etc
• Collaborated with cross-functional teams to resolve trade finance issues promptly, ensuring smooth transaction processing like client meetings with business landing groups
• Supported sales teams in securing new clients by developing tailored trade finance solutions that met their unique needs such as Bank Guarantees, Letter of credit , Documentary collections and solve client s customs compliance calls like shipping bill regularisation and bill of entry closure
• Collaborated with cross-functional teams to develop comprehensive strategies for optimizing trade finance operations like Trea
• Contributed to the development of innovative trade finance products and solutions such as Trade Online Portal and mobile banking such as Insta Biz positioning the organization as a market leader within the industry.
• Contributed to successful audits by maintaining detailed records of all trade finance transactions and customer interactions.
• Served as a key liaison between clients and back-office teams, ensuring seamless execution of various trade finance instruments.
• Contributed to the development of marketing materials such as capital account transactions such as Foreign Direct Investment and Overseas Direcg Investment that effectively communicated the benefits of the bank''s trade finance offerings.
• Conducted comprehensive risk assessments for trade finance transactions, minimizing potential losses and mitigating risks.
• Kept up-to-date on industry trends, attending trade shows and conferences when appropriate to learn about new products and advancements in parts technology.

• Verify documents for compliance with trade terms.

• Ensure correct Swift messages sent and acknowledged to streamline the communication, improve security and comply with the standard formats for every different transaction.

• Coordinate with clients and suppliers to ensure proper documentation for shipments.

•Assessd the financial and operational risks of trade transactions.

• Ensure compliance with regulations and international trade standards and work according to OFAC rules.

• FATF screening applied.

• Assist clients with queries regarding trade finance services.

• Provide advice on trade finance solutions tailored to client needs.

• Advise clients on suitable payment and finance options.

• Ensure timely preparation, review, and submission of trade-related documents.

• Maintain accurate records of all trade finance transactions.

• Coordinate with international and local banks to facilitate payments and trade settlements.

• Coordinate with customs, shipping companies, and insurers.

• Ensured transactions that comply with local and international regulations such as anti-money laundering (AML) and know-your-customer (KYC) policies.

• Transactions done for instruments like letters of credit, trade loans, and documentary collections.

• Strong attention to detail to ensure trade documents are accurate .

Resolve discrepancies within prescribed turn around time.

• Strong communication skills used to work with clients, banks, and external stakeholders.

Handled multiple transactions and deadlines simultaneously.

• Complied updated trade regulations, international trade laws, and financial requirements.

• Manage relationships with both individual and business clients who hold current accounts, ensuring that their needs are met.

• Address customer queries and resolve issues related to current account services (e.g., transactions, fees, overdrafts, corporate internet banking ).

• Collaborate with other departments (e.g., risk, compliance, IT) to improve the efficiency of current account servicing operations.

• Ensure that the bank complies with all relevant regulations, including Anti-Money Laundering (AML), KYC, and data protection laws.