Sharathbabu Vasudevan

Manage U.S., U.K. Export LC Products, and Trade Centralized Management Desk.

• Handled communication with clients develops sustainable, long-term relationships with them, acted as a point of reference, and makes technical decisions relating to issues for trade.
• Responsible for managing the site-based Export LC Desk and CMT Desk.
• Worked closely with various departments across the floor to ensure the client's expectations are met, and to ensure operations are running smoothly.
• Efficiently handled the internal and external audit queries on a daily, weekly, and monthly basis, and ensured all observations were closed in a timely manner.
• Prepared daily, weekly, bi-weekly, and monthly MI reports, and was responsible for record management.
• Ensure all processes conform to the policies, audit and regulatory requirements, and daily productivity is within the agreed SLA.
• Provided leadership and guidance for developing and executing goals and objectives regarding employee performance, business delivery, and operational effectiveness.
• Key role played in migrating the UK Desk, US critical clients, and stabilizing the newly migrated Raw US Export Desk, resulting in no errors and no violations.
• Authorized the high-value products, like exports, LC adv confirmation, and nego payments, within the TAT.
• Managing the Export Team covering the products: Export LC Advising, Confirmation, Discounting, Financing, Payments, LC Bill Lodgement, and Quality Control Compliance.
• Responsible for maintaining the RSCA, SOP, and BCP documents.
• Ensuring timely preparation, management, and control of trade finance limits utilization pipeline, and proposing enhancements if required for growing business needs.
• Working closely with the Risk Management team and identifying risk exposures, and building strategies to overcome or minimize them by way of hedges, swaps, etc.
• Ensured compliance with U.S., EU and local laws relating to import and export activities.

Standard Chartered Global Business Services Private Limited, Chennai & Bangalore.

• Handled commodity trade for the product: import bills under L/C issuance, presentation, acceptance, and payment; import bills for collection, acceptance, and avalization; export L/C advising; L/C amendment; L/C confirmation; export invoice discounting; export bills collection; dispatch documents under L/C; and export payments for Singapore, Hong Kong, India, UAE, UK, and Germany.
• Nostro report on a daily basis.
• Reconciliation of the mismatch on a daily basis.
• Responsible for internal and external auditing.
• Responsible for conducting biweekly calls and monthly service review calls with SCB UK for the Commodity Trade Team.
• Managing the daily reporting and workflow.
• Ensure that the work is evenly distributed, and that proper staffing is in place to effectively handle incoming volumes.
• Meeting or exceeding production and quality service levels established for the department.
• Anticipate production requirements, and prioritize department functions according to organizational objectives.
• Constantly re-evaluate workflow, and make necessary adjustments to accommodate changing priorities.
• Maintain Specialist 4-hour TAT on all products and reporting, as outlined in the client SLA.
• Responsible for mentoring and assisting with the training of associates, or those who are not meeting standards.
• Acting as the primary contact for process updates, and enhancing self and team expertise on process knowledge.
• Decent knowledge gained on mainframe systems like IMEX and Online Trade Port (OTP).
• Ensured compliance with U.S., EU and local laws relating to import and export activities.

• Entered trade finance operations directly from college campus.
• Gained knowledge in trade finance product applications, such as Global Trade Platform (GTP), Global Trade Services (GTS), and system product domain knowledge.
• Worked in the Insourcing Team for KeyBank National Associations, USA.
• In a short span of time, I handled all methods of payment: advance payment, open account, documentary collections, and letters of credit.
• Major responsibilities on processing includes handling documentary collections and export LC presentations.
• Ensured compliance with U.S., EU and local laws relating to import and export activities.