HAPPY SINGLA
Bengaluru
Summary
An experienced and well-maintained professional having ample amount of knowledge in Trade Finance Operation, having 5+ years of experience in banking domain. Result-driven team player with practical hands-on experience and a solid understanding of Trade Finance operation & other banking Operation. Excellent Proficiency in MS Excel/PPT/Flex cube & Trade Finance products like Outward Payments, Merchant Trade. An effective communicator with good problem solving & data analytical skills, seeking an opportunity in the organization which provide ample opportunity to enhance potential while being resourceful, innovative, flexible, and work towards the growth of the organization.
Overview
6
6
years of professional experience
2
2
Languages
Work History
Assistant Manager
GTRF
06.2022 - Current
- Approver and Scrutiny of Advance against Import, OA, IBC, Loan Against Import and Retirements
- Perform all the activities pertaining to Outward Remittance and make sure all the transactions are under the guidelines of FEMA, DGFT, RBI, OFAC & FATF
- Conducted due diligence checks on counterparties and trade documents to mitigate risks related to fraud, compliance, and credit
- Maintained accurate records and documentation of trade finance transactions, ensuring adherence to audit and compliance standards
- Scrutinizing of Import Documents for Merchanting Trade Transactions
- Ensured all transactions are processed within TAT, maintained service levels for customer centric transactions
- Scrutiny of Documents as prescribed by RBI Master Directions and Internal Guidelines
- Nostro Reconciliation
- Used Tools – Wolf Screening, TRRACS, World Check, Sanction Check and Sea Searcher.
- Improved customer satisfaction by addressing and resolving complaints promptly.
- Developed strong working relationships with staff, fostering a positive work environment.
- Implemented staff training programs, enhancing product knowledge and improving customer service skills.
Deputy Manager
YES BANK Ltd
04.2021 - 05.2022
- Processing of Outward Remittances (Advance against Imports, Direct Import Bills, Import Collections)
- Scrutinizing of Import Documents for Advance against Import
- Scrutinizing of Import Documents for Direct Import Bill
- Checker of remittances under Advance against import, Direct import documents, import collection, A2 payment
- BOE Reconciliation, Knockoff and Write-off as Prescribed
- Ensured al transactions are processed within TAT, maintained service levels for customer centric transactions
- Scrutiny of Documents as prescribed by RBI Master Directions and Internal Guidelines.
- Improved team efficiency by streamlining processes and implementing innovative management strategies.
- Collaborated with cross-functional teams to drive business growth and achieve corporate objectives.
Assistant Manager
Axis Bank Limited
09.2018 - 04.2021
- Processing of Export Collection bills lodgment & realization, Advance Remittance against Export, Inward Remittances.
- Realization of Export proceeds
- Pre shipment and post shipment facilities
- Facilitate the exporter clients to carry on their Exports business and grow.
- Providing services pertaining to inward remittances received for the customers including Conversion into INR/other foreign Currencies, EEFC deposits Involved in process & product training for new hire
- Compliance with internal and external guidelines relating to Trade Finance
- Ensured all transactions are processed within TAT, maintained 98% service levels for customer centric transactions.
- Monitored compliance pending queue and coordinated with internal departments, such as Treasury and Retail branches to ensure timely rectification of errors.
- Settled approximately 150 export collection & advance transactions on daily basis.
- Improved customer satisfaction by addressing and resolving complaints promptly.
- Implemented staff training programs, enhancing product knowledge and improving customer service skills.
Education
PGDBS (Post Graduation Diploma - Banking Services
Manipal University
Bengaluru09.2018
B. Tech (Bachelor of Technology - Computer Science Engineering
Punjab Technical University
Mohali06.2016
Skills
- In-depth understanding of trade finance processes and workflows
- Strong knowledge of trade finance products, such as Import, Export, letters of credit, Import finance and
- Documentary collections
- Strong Problem-solving skills
- People Management
- Task Delegation
- Excellent Communication
- MS Office
Languages
English
Bilingual or Proficient (C2)
Hindi
Bilingual or Proficient (C2)
Timeline
Assistant Manager
GTRF
06.2022 - Current
Deputy Manager
YES BANK Ltd
04.2021 - 05.2022
Assistant Manager
Axis Bank Limited
09.2018 - 04.2021
PGDBS (Post Graduation Diploma - Banking Services
Manipal University
B. Tech (Bachelor of Technology - Computer Science Engineering
Punjab Technical University
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