SACHIN MOREY
Dombivli West
Summary
Detail-oriented banking professional with over 9 years of experience in FEMA operations and Trade Advisory. Currently serving as Deputy Manager - Trade Advisory / FEMA, specializing in regulatory compliance, transaction review, and audit support. Skilled in interpreting regulatory requirements and guiding cross-functional teams. Proficient in FEMA regulations, RBI Directions, and document management processes.
Overview
9
9
years of professional experience
Work History
Deputy Manager - Trade Advisory / FEMA
KOTAK MAHINDRA BANK LTD.
Mumbai
10.2021 - Current
- Review foreign exchange transactions from a FEMA/RBI regulatory compliance perspective.
- Provide guidance on FEMA provisions, RBI directions, purpose codes, documentation and reporting requirements.
- Facilitated transactions for imports, exports, remittances, foreign investments, and other cross-border activities, enhancing regulatory compliance.
- Managed FEMA and RBI advisory queries from internal business and operations teams, ensuring compliance and clarity in responses.
- Interpret regulatory provisions and communicate requirements clearly to relevant stakeholders.
- Reviewed supporting documents, identifying regulatory gaps prior to transaction processing, mitigating compliance risks.
- Coordinate with Operations, Compliance, Business and Relationship Managers to resolve FEMA-related issues.
Office Associate - Banking / Trade Operations
KOTAK MAHINDRA BANK LTD.
04.2017 - 10.2021
- Application submission and coordination at the RBI counter for regulatory / banking-related documentation.
- Supported reconciliation, conducted documentation checks, and managed filing for daily operational activities in trade and foreign exchange processes.
- Prepared and submitted documentation for ECB-2 reporting on a monthly basis, ensuring regulatory requirements were met.
- Maintaining document inventory and ensuring proper tracking, availability and movement of records.
- Uploading documents into the DMS (Document Management System), ensuring accurate indexing and document availability.
- Handling document retrieval and document storage through Iron Mountain, supporting organisational control, traceability and document availability.
- Managing and filing documents under relevant sub-products and application numbers for structured retrieval and record maintenance.
- Dispatch of documents to customers, internal teams and relevant stakeholders with appropriate tracking.
- Sent reminder letters to Pan-India customers for non-submission of APR reporting and followed up to ensure timely compliance.
Education
Bachelor of Arts (B.A.) -
YCM Nashik University
MaharashtraSkills
- Trade / FEMA Advisory
- Regulatory compliance
- Regulatory: FEMA
- RBI Directions
- Foreign Exchange Regulations
- Foreign Exchange Transactions
- ODI - Overseas Direct Investment
- LRS - Liberalised Remittance Scheme
- ECB - External Commercial Borrowings
- FEMA Reporting & Returns
- Transaction documentation
- Regulatory analysis
- Regulatory Review
- Trade finance operations
- Cross-Border Transactions
- Transaction Processing
- Audit support
- Data reconciliation
- Data analysis
- MS Excel & Data Management
- Finacle Application
- DMS operations
- Document management
- Document Inventory
- Iron Mountain
- Exception Management
- Reporting
- APR
- Document Inventory
- Data analysis
- Exception Management
- Reporting
Languages
- English
- Hindi
- Marathi
Timeline
Deputy Manager - Trade Advisory / FEMA
KOTAK MAHINDRA BANK LTD.
10.2021 - Current
Office Associate - Banking / Trade Operations
KOTAK MAHINDRA BANK LTD.
04.2017 - 10.2021
Bachelor of Arts (B.A.) -
YCM Nashik University