Omkar Padiyar

• Responsibilities and Achievements:
• IDFC FIRST BANK LTD

Trade Finance Department

• Outward Remittance & Inward remittance
• Scrutinizing documents received from customer as per bank checklist.
• Coordinating with Trade Finance Center, Relationship manager and customer for processing payment.
• Scrutinizing Import payment documents received from customer ( Advance import remittance, Direct import remittance & Import Collection Bills)
• Monitoring daily payment of import collection/LC bills & accordingly communicating to customers for payments.
• Scrutinizing export documents received from customer under Collection, Negotiation.
• Merchant trade transactions
• Scrutinizing MT documents received from customer
• Coordinating with Trade Finance Center, Relationship manager and customer for transaction processing
• Increased profit margins by identifying new investment opportunities and executing trades efficiently

• Trade Finance Department
• Outward Remittance & Inward remittance
• Coordinating with Trade Finance Center, Relationship manager and customer for processing payment.
• Scrutinizing Import payment documents received from customer ( Advance import remittance, Direct import remittance & Import Collection Bills)
• Monitoring daily payment of import collection/LC bills & accordingly communicating to customers for payments
• Scrutinizing export documents received from customer under Collection, Negotiation.
• Merchant trade transactions
• Scrutinizing MT documents received from customer
• Coordinating with Trade Finance Center, Relationship manager and customer for processing
• Handled customer-related issues for trade transaction processing

• Trade Finance & Forex Department

Handling -Forex transactions of Axis Bank Ltd Branch

• Processing – Import, Buyers Credit, Export, Inward Remittance, Outward & inward Remittance, Local export & import bill.
• Handling branch audits & queries.
• Booking – Forex deals (Cash, Tom & Forwards) at own desk.
• Scrutinizing Import payment documents received from customer ( Advance import remittance, Direct import remittance & Import Collection Bills)
• Monitoring daily payment of import collection/LC bills & accordingly communicating to customers for payment.
• Follow-up on IDPMS /EDPMS outstanding with clients.
• Scrutinizing documents received from customer as per bank checklist.
• Coordinating with Trade Finance Center, Relationship manager and customer for processing payment.
• Scrutinizing export documents received from customer under Collection, Discounting & Negotiation.
• Making document sets for overseas bank for dispatch.
• Realization of export bill against inward remittance.
• Bank Guarantees
• Merchant trade transactions
• Coordinating with Trade Finance Center, Relationship manager and customer for processing