Summary
Overview
Work History
Skills
Personal Qualifications
Certification
Languages
Timeline
Generic

Neeraj Prajapati

Mumbai

Summary

To obtain a challenging role in Trade finance and Transfer agency where I can utilize my skills and experience to drive business growth.Highly experienced trade finance professional with 4.9+ years of experience in managing Transfer Agency and Trade finance operations, including Mutual fund, fund administration, letter of credit, guarantees, and Outward Remittance. Proven track record of increasing trade finance portfolio and improving efficiency.

Overview

5
5
years of professional experience
1
1
Certification

Work History

Trade Finance Deputy Manager

HDFC Bank
03.2024 - Current
  • Managed high-volume outward remittances using Trade Flow and TON Tool
  • Conducted compliance screening for entities, banks, and goods
  • Utilized Acuity and SharePoint for transaction tracking and reporting
  • Escalated OFAC hits on entities, goods, and banks to Compliance Team
  • Processed Foreign LC payments via MT202
  • Handled full and part EEFC payments
  • Reconciled Nostro outstanding entries daily
  • Executed fund transfers using MT103 and MT202
  • Maintained accurate client details, charges, settlement, and GST in Flex Cubes
  • Retrieved and validated transactions
  • Tracked premium clients for timely transaction processing within TA spell

Trade Finance Analyst

Wipro Ltd
10.2022 - 12.2023
  • Advised, amended, and confirmed L/Cs for import/export transactions
  • Conducted thorough document checking against L/C terms
  • Coordinated with overseas correspondent banks for L/C issuance and amendment
  • Canceled L/Cs upon client request
  • Opened (lodged) foreign bank collections for import/export transactions
  • Corresponded with overseas banks for collection processing
  • Ensured timely settlement and minimized collection discrepancies
  • Handled Import/Export L/C and Collection transactions as per ISBP, URC522, and UCP 600
  • Processed documents for compliance with applicable rules
  • Utilized Ti Plus tool for Export L/C transactions
  • Handling approval basis documents for the without Doc-check transactions along with ELC lodgment
  • Handled Bank Guarantees for South African regions (Johannesburg 657, Cape Town 672, Durban 659)
  • Vetted Guarantees for Lease, Property, Performance, Construction, etc. as per Guarantee Special and standards
  • Processed and generated Bank Guarantees (Amendments, Inward, and Outward)
  • Retrieved and validated transactions using Tibco tool
  • Preparing daily SOD and EOD report
  • Sharing weekly and monthly ELC data with the SA Team
  • Keeping Track on Premium Clients for processing transaction within the TAT
  • Giving floor support to Team members on their daily queries
  • Ensured prompt error free/accurate transaction processing while meeting the prescribed turnaround time (TAT) and service delivery standards
  • Highlighted procedural modification to Manager to achieve efficient and smooth running of Trade operations

Financial Analyst

Atos Pvt Ltd
11.2019 - 10.2022
  • Dealing with various financial products/ Scheme GIA, ISA, SIPP etc
  • Handling and reviewing work types like Redemption of share, stock and cash transfer, product switches, conversion of funds, Transfer out, Transfer In, static data update
  • Rectifying error and rebooking the wrongly entered trade correctly with the due diligence
  • Ensure that all the subscription, transfer and Redemption trade are viewed thoroughly and recorded in trade module of the system
  • Processing Swift payment using various modes like MT202, MT103, BACKS, CHAPS, CHIPS
  • Responsible for client and investors Documents management, Transaction processing and quality checking

Skills

  • Trade finance instruments
  • Letter of Credit
  • Bank guarantee
  • Outward remittance
  • Swift payment
  • Foreign Bank collection
  • Document checking
  • Impot and export
  • Fund transfer
  • Transfer agency
  • Mutual fund and hedge fund
  • Regulations
  • Analytical skills
  • Problem-solving skills

Personal Qualifications

  • Master in Commerce, Mumbai University, 2021
  • Bachelor's Degree in Commerce, Saket College, 2019

Certification

  • Certificate Course in Foreign Exchange - (CCFE - IIBF)
  • Certified Investment Banking Operations Professional - (CIBOP)
  • Certificate of MLETR foundation - (ICC)
  • Certified foundation in AML and KYC - (CFAK)

Languages

English
First Language
Hindi
Advanced
C1
Marathi
Advanced
C1

Timeline

Trade Finance Deputy Manager

HDFC Bank
03.2024 - Current

Trade Finance Analyst

Wipro Ltd
10.2022 - 12.2023

Financial Analyst

Atos Pvt Ltd
11.2019 - 10.2022

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Neeraj Prajapati