Ritesh Salian

Led Capital Account Desk operations for Pan India, managing overseas direct investments and external borrowings.

Liaised with Reserve Bank of India to secure approvals for capital account transactions.

Guided customers through transaction processes and regulatory requirements.

Oversaw audit management and data supervision, ensuring timely follow-ups with clients to reduce pendencies.

Facilitated project automation initiatives to enhance operational efficiency.

• Supervised LC Desk operations, including all import and local letter of credit issuance.
• Managed confirmation processes for export letters of credit and advising on export and inland LCs.
• Issued standby letters of credit for gold on loan basis and handled LC transfers.
• Addressed audit queries for both internal and statutory audits to ensure compliance.
• Oversaw Capital Account Desk, scrutinizing and reporting overseas direct investment transactions.
• Processed inward remittances related to foreign direct investment and reported relevant transactions.
• Facilitated disbursement of external commercial borrowings while ensuring documentation compliance.
• Coordinated with RBI on all matters related to capital account transactions.

• Supervised Export Desk operations, including pre- and post-shipment finance disbursement.
• Scrutinized collection, discounting, and letter of credit documentation to ensure compliance.
• Conducted internal audits to identify inefficiencies and recommend improvements.

• Supervised Export Desk operations, ensuring efficient disbursement of pre- and post-shipment finance.
• Executed scrutiny of collection, discounting, and under LC documents for accuracy.
• Facilitated export bill realization and conducted thorough checks on bills under confirmed and unconfirmed LCs.
• Managed XOS reporting and processed subvention claims alongside BRC issuance.
• Oversaw audit requests for internal and statutory audits to ensure compliance.
• Led LC team operations, supervising issuance of all types of import and local letters of credit.
• Confirmed export LCs and advised on export and inland letters of credit efficiently.
• Handled queries related to internal and statutory audits, streamlining the response process.

• Managed portfolio of Corporate Banking customers, overseeing daily Trade Services transactions.
• Collaborated with customers, Relationship Managers, and Customer Service to enhance communication.
• Coordinated with back office to ensure efficient processing of transactions and client deliverables.
• Conducted concurrent, SOX, and internal audits to maintain compliance standards.
• Performed document scrutiny for letters of credit, collections, and bank guarantees.
• Oversaw export packing credit and remittance processes for both import and export transactions.
• Handled all trade-related transactions, ensuring accuracy and timeliness.

• Maintained comprehensive dispatch registers for all document types.
• Tracked inward and outward documents to ensure proper record-keeping.
• Executed various administrative tasks to support operational efficiency.