DEMUDU NAIDU BANDARU
Visakhapatnam
Summary
Detail-oriented trade finance professional with expertise in managing international operations, focusing on risk management and document scrutiny. Skilled in drafting and issuing complex Letters of Credit (LCs) in compliance with UCP 600 regulations. Strong analytical capabilities have effectively identified discrepancies and mitigated risks, enhancing operational efficiency in previous roles.
Overview
3
3
Languages
1
1
Certification
3
3
years of professional experience
Work History
Trade Finance Analyst
Federal Bank
Visakhapatnam
10.2025 - Current
- Reviewed letters of credit for compliance with international trade regulations, mitigating risks and ensuring accuracy.
- Analyzed trade finance documents for compliance with regulatory standards.
- Managed daily operations of trade finance section, including import LC and collections, ensuring compliance and efficiency.
- Opened import letters of credit, ensuring compliance with bank policies. ensuring the prescribed TAT.
- Processed import financing requests efficiently and accurately.
- Collaborated with clients to gather necessary documentation for transactions.
- Scrutinized bills received under import LCs and notified discrepancies.
- Processed payment requests from customers according to bank policies and procedures.
- Review shipping documents like bills of lading and commercial invoices to ensure strict compliance with credit terms.
- Administered letters of credit by drafting, issuing, and negotiating terms.: Draft,issuance,amendment and negotiate letters of credit through corporate banking partners.
- Regulatory compliance of following international banking rules,including uniform customs and practice for documentary credits (UCP 600)
- Regulatory compliance of following international banking rules,including uniform customs and practice for documentary credits (UCP 600)
Internal Auditor
KIMS ICON HOSPITALS
Visakhapatnam
09.2023 - Current
- Prepared detailed reports outlining findings from audits, including recommendations for improvement or enhancement of existing systems and processes.
- Monitored progress on actions from previous audits to ensure timely implementation and compliance.
- Reviewed contracts, invoices, and purchase orders for accuracy, ensuring compliance before payment processing.
- Monitored and reviewed internal control systems to detect fraud and losses promptly.
- Reviewed all patients' medical records to ensure accuracy and compliance of diagnosis codes and medical billing documentation.
- Identified coding errors in medical claims to ensure accuracy. Also make sure all the documents required for medical claims are complete.
Education
MBA - Finance
AQJ Center For PG Studies
VisakhapatnamBachelor of Commerce - Commerce
Sree Kasyap Degree College
VisakhapatnamIntermediate Certificate - Automobile Engineering Techinician
Govt.vocational Junior College
VisakhapatnamMatriculation -
Seventh Day Adventist High School
VisakhapatnamSkills
- Trade finance processing
- Letter of credit management
- Trade finance analysis
- International trade regulations
- Documentary collections
- Swift messaging
- Commercial invoice scrutiny
- Trade operations management
- Data analysis tools
- Detail-oriented reviewing
Certification
- Accomplished MAX ED internship programme with I-miRa knowledge solutions as part of the intenship programme the intern had worked in the areas of Market Research survey for Muthoot Finance for 15days.
STRENGTHS
- Hard working person
- Self motivated
- Quick learner
- Good analytical skills
PERSONAL DEATILS
- Born - 5th AUG 2000
- Marital status- SINGLE
- Home City- Visakhapatnam ( Andhra Pradesh, India)
HOBBIES AND INTERESTS
- Skill-based: Reading, video game, cooking etc
- Team work- Sports
Skills
- MS office
- Data analysis
Languages
- Telugu
- English
- Hindi
Languages
English
Upper Intermediate
B2
Telugu
Advanced
C1
Hindi
Elementary
A2
Timeline
Trade Finance Analyst
Federal Bank
10.2025 - Current
Internal Auditor
KIMS ICON HOSPITALS
09.2023 - Current
MBA - Finance
AQJ Center For PG Studies
Bachelor of Commerce - Commerce
Sree Kasyap Degree College
Intermediate Certificate - Automobile Engineering Techinician
Govt.vocational Junior College
Matriculation -
Seventh Day Adventist High School