Specialist in Trade Finance Operations & Banking Solutions
Jaipur,Rajasthan
Summary
I believe in producing the results and want to rise high in my profession. Intend to build a career with leading corporate of hi-tech environment. Willing to work as a key player in challenging & creative environment. Key Competencies includes result orientation, excellent problem solving abilities, strong ability to prioritize and multi-task duties, good communication, well organized, strong grasping and quick adaptability.
Overview
20
20
years of professional experience
Work History
Trade Finance Operation - Area Manager (DVP)
Kotak Mahindra Bank Ltd
Jaipur, Rajasthan
10.2010 - Current
Handling all Trade transactions for corporate, business banking and retail clients of entire Rajasthan & Madhya Pradesh (M.P) state as an Area Manager.
Team management of entire Rajasthan and MP locations for Trade Finance Operation desk.
Export advances, Export bill collections, Export bill purchase, Export bill discounting, Negotiation of export bills drawn under Letter of Credit, subject to the documents being strictly in accordance with LC conditions.
Processing Import advances, Import direct payments, Import Collection under LC or NON LC, Arrangement of short-term credit i.e. buyers credit and suppliers credit.
Import financing through Letters of Credit that are well accepted globally and supported by strong trade finance set up.
Provide the guarantees in foreign currency for approved purposes as defined under FEMA.
Inland Inward and outward Bill collections, Processing inland LC`s of two types Sight LC and Usance LC & LC Bill discounting.
Outward & Inward Remittance that ensures efficient and prompt reach to overseas trading partner, FCGPR, ODI, etc.
Ensure timely execution of all inward and outward remittances.
Managing all banking needs of corporate clients under single desk concept.
MIS Managing of entire cluster and follow up with cluster team members for pending issues of audit query.
Handling Internal & RBI reporting.
Managing Commercial Operation Transactions(MID Office)-ADHOC, Renewal and Loans.
Handling Trade Finance department as part of wholesale banking group.
All transaction related to export & import viz. LC, BG, inland bills and all other related activities.
Pre-Shipment and Post Shipment advances.
Acting as Back up unit head.
Support function to customer Relationship Managers for dealing with new and existing high net worth clientele for query resolutions, new business deals and retention of existing clients.
Ensuring error free transactions successfully by implementing 5-S methodology.
Handling Internal & RBI reporting and audit.
Back end support to relationship Managers and branches.
Customer handling in branch current account customers, corporate customers for general banking transactions, Remittances, Fund Transfers, RTGS etc.
Trade finance activities including Import Export Bills, Inward Outward remittances, Inland and foreign LC opening, inland inward and outward bills under LC and Non LC services, Delivery order, PCFC( EPC),EEFC Conversion, Export LC advising and Transfers, Bank guarantees, Forward Contracts , Buyers Credit, LC bill discounting etc.