VIKAS KUMAR
New Delhi
Summary
Trade and Forex Specialist with 2+ years of experience in corporate banking and risk management. Skilled in managing complex trade transactions, ensuring compliance with FEMA and RBI guidelines, and mitigating risks. Proven track record of enhancing operational efficiency, driving business growth, and leading teams in achieving compliance and business objectives.
Overview
3
3
years of professional experience
1
1
Certification
Work History
Deputy Manager
Axis Bank
04.2024 - Current
- Spearheading compliance and authorization of packing credit transactions, ensuring adherence to FEMA, RBI, and international trade regulations.
- Leading cross-functional teams to optimize trade finance operations, streamlining processes to enhance transaction efficiency and risk management.
- Providing expert guidance on export finance, including liquidation of export bills and foreign exchange transactions, ensuring smooth operational execution.
- Monitoring Anti-Money Laundering (AML) protocols and compliance, safeguarding against financial risks.
- Conducting internal audits and reports on trade transactions, while implementing business strategies to support trade growth.
Assistant Manager
Axis Bank
05.2022 - 03.2024
- Managed packing credit transactions, ensuring compliance with FEMA, RBI, and AML regulations, while mitigating risks associated with country and currency exposure.
- Handled foreign exchange rate transactions, GST recovery, and smooth processing of PC, improving client satisfaction and operational efficiency.
- Analyzed and scrutinized purchase orders and sanction letters to ensure accurate documentation and compliance with credit terms.
- Delivered training on packing credit processes, enhancing team knowledge and alignment with regulatory guidelines.
- Prepared daily EOD reports and facilitated monthly discussions on trade guidelines and RBI circulars, ensuring continuous compliance and process optimization.
- Played a key role in improving wholesale banking operations, contributing to a stronger health index for transactional operations.
Intern
Axis Bank
01.2022 - 04.2022
- Assisted in reviewing sanction notes and terms of sanction letters, gaining a strong understanding of credit and risk assessment.
- Gained hands-on experience with TRA agreements and ESCROW account management, ensuring smooth client transactions.
- Supported the processing of CATRA transactions, ensuring accuracy and compliance with internal guidelines.
- Developed foundational knowledge in trade finance operations, regulatory compliance, and client account management.
Education
Post Graduate Diploma in Banking Services (PGDBS) -
Manipal Academy of Higher Education
Bengaluru, India06.2022
Depository Operations Certification Examination - undefined
NISM
12.2021
Mutual Fund Distributors Certification Examination - undefined
NISM
10.2021
Bachelor of Arts - Political Science (H)
Motilal Nehru College (University of Delhi)
New Delhi, India07.2016
12th Standard -
Central Board of Secondary Education (CBSE)
New Delhi, India06.2013
Skills
- Trade and Forex Operations (Export Finance)
- Pre-shipment Financing
- Understanding Concept of EPC/RPC/PCFC/RPCFC
- Interest Calculation
- Post-shipment Financing
- Liquidation
- EEFC Conversion and GST Collection
- Dispatch & Non Dispatch
- Transaction Monitoring
- Operational Efficiency
- Advanced Excel & Reporting
Certification
- Certificate in International Trade Finance : IIBF
January 2024
- Certificate Course in Foreign Exchange : IIBF
December 2022
- Depository Operations Certification Examination : NISM
December 2021
- Mutual Fund Distributors Certification Examination : NISM
October 2021
Accomplishments
- Axis Bank
- Axis Bank
- Axis Bank
- Axis Bank
Awarded as the Champion for extraordinary performance for the period of January 2024 to March 2024.
Awarded as the Champion for exemplary performance for the period of January 2023 to March 2023.
Nominated as the Star Values Participation by AVR in the reach-out session conducted in March/April 2023.
Awarded as the Champion for exemplary performance for the period of 1st July 2022 to 30th September 2022.
Languages
English
Hindi
Extracurricular Activities
- Inter Vertical Sports meet, Conducted by HDFC Bank, Bengaluru, India
November 2021, Secured 2nd position in Cricket Tournament
Hobbies and Interests
- Like to play cricket
- Bike riding
- Listen to Music
- Like to ready books
Timeline
Deputy Manager
Axis Bank
04.2024 - Current
Assistant Manager
Axis Bank
05.2022 - 03.2024
Intern
Axis Bank
01.2022 - 04.2022
Post Graduate Diploma in Banking Services (PGDBS) -
Manipal Academy of Higher Education
Depository Operations Certification Examination - undefined
NISM
Mutual Fund Distributors Certification Examination - undefined
NISM
Bachelor of Arts - Political Science (H)
Motilal Nehru College (University of Delhi)
12th Standard -
Central Board of Secondary Education (CBSE)
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