Kartheek Singampalli CDCS , CTFP
Corporate Banking and Trade Finance Specialist
Kolkata,WB
Summary
Accomplished banking professional with extensive experience in trade finance management and operations, currently serving as Associate Vice President & Head CCSC Kolkata at Federal Bank Ltd. Demonstrates expertise in team leadership, regulatory compliance, and client relationship management, with a proven track record of streamlining workflows and enhancing operational excellence. Notable achievements include managing high-performing teams to deliver exceptional service to corporate clients and facilitating successful product deployments. Adept at strategic planning and cross-functional collaboration, with a focus on digital transformation initiatives. Career goals include driving innovation in banking operations and fostering a culture of continuous improvement.
Overview
12
12
years of professional experience
6
6
Certification
Work History
Associate Vice President and Head CCSC Kolkata
Federal Bank
Kolkata , West Bengal
05.2024 - Current
- Managed a team of nine to provide high-quality services to corporate and commercial banking clients across Kolkata and the East Region.
- Oversaw issuance and processing of import, export, and LC transactions to maintain error-free operations.
- Managed disbursement of working capital and term loans in both INR and FCY.
- Streamlined transaction workflows by securing necessary approvals within defined turnaround times.
- Facilitated business development by interacting with Commercial and Corporate Banking teams and their Regional Heads.
- Maintained compliance with bank and regulatory guidelines, achieving zero escalations.
- Facilitated testing and approval processes for product modifications in UAT setting.
- Ensured successful deployment of new product to bank.
- Conducted regular performance evaluations, offering constructive feedback, and setting clear objectives for team members.
- Participated in strategic planning meetings, contributing insights for long-term service delivery improvements.
- Coordinated with cross-functional teams to resolve complex service delivery issues promptly.
- Mentored junior staff, fostering a culture of excellence within the service delivery team.
Senior Manager & Head Corporate Client Service Center
Federal Bank Ltd
Hyderabad, Telangana
04.2022 - 04.2024
- Supervised team of 4 to streamline corporate business operations in Hyderabad.
- Guided team in executing error-free Import, Export, and LC issuance transactions
- Also responsible in delivering quality services for Other Current Account related Transactions like Opening of Current Account and Cash Credit Accounts , Disbursement of Working Capital loans (Both INR and FCY) , Term Loans, Fund Transfer's etc
- Interacting with various teams (Credit , Operations, Compliance and Treasury etc) and help them understand the underlying transactions for processing transactions with in TAT by raising and getting necessary approvals on case to case basis
- Interacting with Business Teams (Commercial & Corporate Banking) and their Regional Heads for Business Development
- Served as Nodal Officer for Trade Finance in AP & Telangana states.
Operations Manager (Trade Finance)
Federal Bank Ltd
Hyderabad , Telangana
01.2018 - 04.2022
- Managed processing of inward and outward remittances, import and export transactions.
- Conducted document scrutiny for bills under LC and non-LC, identifying discrepancies.
- Conducted thorough examination of outward remittance documents for imports and services.
- Managed client escalations and prioritized resolution through collaboration with Operations and Business teams.
- Reduced EDPMS/IDPMS pendency for commercial clients.
- Oversaw processing of trade finance transactions.
- Provided innovative ideas to streamline the automation process for senior management.
- Served as Nodal Officer for Federal Bank to RBI on Trade Finance Transactions in AP and Telangana.
- Supported branches in AP and Telangana with trade issue resolution.
Team Leader SMEG Group
ICICI Bank
Bangalore , Karnataka
03.2017 - 12.2017
- Led team of five members to enhance customer service.
- Addressed escalations efficiently to maintain customer satisfaction.
- Generated innovative concepts and participated in executing automation projects with senior management.
- Facilitated Central MIS publication and ensured team alignment for optimal results.
- Guided new employees and allocated tasks to ensure comprehension of procedures.
- Assisted clients in comprehending transaction timelines.
- Monitored team performance to identify areas for improvement.
Deputy Manager- II
ICICI Bank
Bangalore , Karnataka
04.2016 - 03.2017
- Ensured timely fulfillment of trade needs for SMEG clients.
- Conducted thorough examination and processing of export-import documents under LC and non-LC conditions.
- Conducted thorough examination and processing of outward remittances.
- Conducted thorough vetting of bank guarantees to ensure accuracy.
- Managed conditional and unconditional invocations, sending rejections to beneficiaries as needed.
Deputy Manager- I
ICICI Bank
Bangalore , Karnataka
08.2014 - 03.2016
- Processed export and import bills, bank guarantees, and remittances.
- Collaborated with Trade Services Unit, Relationship Managers, and Product Team to address and resolve transaction discrepancies.
- Maintained adherence to regulatory and statutory requirements for diverse trade products and services.
- Managed export bill processes, including scrutiny, discrepancy resolution, and subsequent lodgement and dispatch.
- Oversaw financial processes related to packing credit and post-shipment finance.
- Provided expertise on Export LC and coordinated document submission.
- Ensured accuracy in processing and confirming L/C documents.
- Reviewed inland and import documents under letter of credit and collections.
- Handled direct import payments against bill of entry.
- Facilitated issuance of shipping guarantees and delivery orders.
- Managed diverse types of bank guarantees to ensure compliance and accuracy.
- Managed process for foreign outward bank guarantee issuance.
- Offered expertise in handling Inward Foreign Bank Guarantees.
Anti Money Laundering Executive
HSBC
Visakhapatnam , Andhra Pradesh
05.2013 - 10.2013
- Monitored and identified suspicious transactions using various tools and software applications.
- Conducted detailed investigations into customer accounts to verify legitimacy and prevent unauthorised access.
- Monitored customer accounts for irregular spending patterns, promptly freezing accounts to prevent further unauthorised transactions.
- Analysed transactional data to identify patterns indicative of fraudulent activity, enhancing detection capabilities.
- Managed sensitive information with utmost confidentiality, upholding ethical standards and customer trust.
Education
PGDB - Banking & Finance
ICICI Manipal Academy (Manipal University)
Bengaluru, IndiaB.TECH - Electronics And Communication Engineering
Chaitanya Engineering College, JNTU Kakinada
Visakhapatnam, IndiaDIPLOMA - ECE
Smt. B.Seetha Polytechnic
Bhimavaram, IndiaSSC -
M.S.M.Public School
Visakhapatnam, IndiaSkills
- Team leadership
- Regulatory compliance
- Trade finance management
- Client relationship management
- Workflow optimization
- Cross-functional collaboration
- Problem solving
- Process automation
- Mentorship and coaching
- Digital transformation initiatives
- Customer relationship management
- Team building and training
- Operations management
- Operational excellence
Certification
- CDCS (Certified Documentary Credit Specialist) Since 2016 from LIBF
- CTFP (Certified Trade Finance Professional) From ICC
- AML certification From IIBF
- Certificate in Foreign Exchange Management Act, IIBF
- Certificate in International Trade Finance, IIBF
- Certificate in Foreign Exchange Facilities For Individuals, IIBF
Languages
English
Hindi
Disclaimer
I hereby declare that all the information furnished above is true and correct to the best of my knowledge and belief.
Personal Information
- Father's Name: S. Venkata Rao
- Date of Birth: 11 Oct 1990
- Gender: Male
- Marital Status: Married
Listening to music
Listening to music
Timeline
Associate Vice President and Head CCSC Kolkata
Federal Bank
05.2024 - Current
Senior Manager & Head Corporate Client Service Center
Federal Bank Ltd
04.2022 - 04.2024
Operations Manager (Trade Finance)
Federal Bank Ltd
01.2018 - 04.2022
Team Leader SMEG Group
ICICI Bank
03.2017 - 12.2017
Deputy Manager- II
ICICI Bank
04.2016 - 03.2017
Deputy Manager- I
ICICI Bank
08.2014 - 03.2016
Anti Money Laundering Executive
HSBC
05.2013 - 10.2013
PGDB - Banking & Finance
ICICI Manipal Academy (Manipal University)
B.TECH - Electronics And Communication Engineering
Chaitanya Engineering College, JNTU Kakinada
DIPLOMA - ECE
Smt. B.Seetha Polytechnic
SSC -
M.S.M.Public School
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