Summary
Overview
Work History
Education
Skills
Certification
Timeline
Generic

HITESH PRUTHI

Gurugram

Summary

Experienced professional specializing in compliance, transaction operations, and treasury management within RBI regulatory frameworks. Demonstrated success in efficiently managing daily transactions while effectively monitoring results and associated risks. Proficient in automating reporting processes to uncover gaps and drive process enhancements, resulting in minimized exposure.

Overview

11
11
years of professional experience
1
1
Certification

Work History

Manager: Transaction Banking

Axis Bank Ltd
Noida
04.2019 - Current
  • Managed end-to-end processing of outward A2 remittances, including document scrutiny/compliance (as per FEMA and RBI policies), authorizations, and SWIFT queue clearance.
  • Ensured monitoring and closure of internal audit queries by providing the required data, clarification, and documents timely and immediately.
  • Communication and resolution of queries from foreign banks over SWIFT.
  • Monitored compliance pending/deferral queue, and ensured closure before the due date.
  • Performed UAT for the development of new trade software.
  • Review the trade processes, and suggest and implement timely improvements.
  • Case/Scenario-based testing for various events happening in Finacle while processing transactions.
  • Performed routine transactions relating to import and export, maintained clean, accurate, and accessible records, and kept a close eye on transaction updates.
  • Ensuring regular follow-ups on service requests from customers and foreign banks’ queries (Sanctions, OFAC, FATF, AML).
  • Effectively monitoring compliance with regulatory guidelines and local/international sanctions in trade finance processes, and improving controls to identify and mitigate risk.
  • Ensure AML, Central Bank guidelines, and other internal policies or procedures are strictly followed.
  • Advance and direct payment under RBI regulations.
  • Ensure transactions are processed with the TAT and resolve all client queries regarding import payments and collection bills.
  • Delivering training & guidance to new hire & branch forex team as & when
    required.

Intern

Axis Bank Ltd
Noida
12.2018 - 03.2019
  • Maintained digitized records of Documents received from Branches for various Export and Import related transactions for easy updating and retrieval by authorized team members.
  • Demonstrated respect, friendliness and willingness to help wherever needed.
  • Understanding different trade products and working on Finacle core.

Electrical and Automation Engineer

Arora Iron and Steel Rolling Mills Pvt. Ltd
Ludhiana
08.2014 - 03.2017
  • Managed team of 8 employees, guided them for doing routine work such as maintenance, calibration and identification of faults
  • Knowledge of Transformers protection relays
  • R&D in projects according to customer requirement
  • Facilitation inspection of products & equipments
  • Testing of PCBs, Connectors, Power supplies, and Signal conditioners in plant.
  • Maintained energy and enthusiasm in fast-paced environment
  • Used critical thinking to break down problems, evaluate solutions and make decisions.

Education

MBA - Business Analytics

Amity University

Post Graduate Diploma - Banking Services: Banking

Amity University
Noida

B.Tech - Electronics And Communication Engineering

H.C.T.M Kaithal, Kurukshetra University
Haryana

Skills

  • Daily transaction monitoring
  • Document Securitization
  • SWIFT Payments
  • Audit & Compliance
  • Microsoft Excel, Office and Powerpoint
  • Core Banking Software
  • Workflow Software
  • Finacle
  • TBML
  • Productivity and progression
  • Performance improvements
  • Process and procedure development
  • Analytical thinking and Innovation
  • High level of accuracy and efficiency
  • UAT

Certification

  • NISM Mutual Funds
  • NISM Depository
  • Certificate Course in Foreign Exchange Operations
  • Certificate Course in AML and KYC
  • Microsoft Excel- Excel from Beginner to Advanced
  • Business Analysis Foundations

Timeline

Manager: Transaction Banking

Axis Bank Ltd
04.2019 - Current

Intern

Axis Bank Ltd
12.2018 - 03.2019

Electrical and Automation Engineer

Arora Iron and Steel Rolling Mills Pvt. Ltd
08.2014 - 03.2017

MBA - Business Analytics

Amity University

Post Graduate Diploma - Banking Services: Banking

Amity University

B.Tech - Electronics And Communication Engineering

H.C.T.M Kaithal, Kurukshetra University

Similar Profiles

CREATE PROFILE
HITESH PRUTHI