Finacle
Vinod Deshmukh
Trade Finanance Officer
Pune
Summary
Accomplished Trade Finance Officer with proven track record at ICICI Bank, managing over 400 trade finance transactions monthly while ensuring regulatory compliance. Adept at enhancing procedural efficiencies and delivering exceptional client service. Proficient in managing internal controls, maintaining confidentiality, and ensuring regulatory compliance. Skilled in customer service and problem resolution. Thorough understanding of trade-related rules and guidelines, identifying and mitigating operational risks, reducing legal, credit & operational risks. To join an organization that offers mutual growth and benefits, allowing the individual to showcase their talent and potential.
Overview
9
9
years of professional experience
11
11
years of post-secondary education
4
4
Certifications
3
3
Languages
Work History
Deputy Manager II Trade Finance Operation Group
ICICI Bank
10.2023 - Current
- Checking trade documents under Letter of Credit according to ICC international Rules (UCP 600, ISBP745, ISP 98, and ICC opinions).
- Performing day-to-day trade document scrutiny, Export/Inland Bills lodgement, negotiation, realization, Inwards & Outward Remittances, Bank Guarantee Issuance, LC Issuance & Advising, EPC.
- Possesses a thorough understanding of trade-related rules and guidelines, such as ICC/UCP/URC/ISBP/Incoterms for letters of credit (LC).
- Well-versed in using SWIFT messaging handling day-to-day Swift for Payment, Claim Reimbursement, as well as communication for Acceptance, Discrepancies, etc.
- Possesses a thorough understanding of financial instruments, techniques, and practices used to facilitate international trade, ensuring seamless operations.
- Proficient in identifying and mitigating operational risks associated with trade products and services, and reducing legal, credit & operational risks.
- Ensuring TAT (Turn Around Time) for every transaction to enhance customer service.
- Maintained confidentiality of bank records and client information to prevent mishandling of data and potential breaches.
- Analytical & Excel Skills: Use strong analytical skills and proficiency in Excel to manage and analyze financial data
- Quick learner with good communication skills (oral and written).
Officer M0 (Branch Operation Officer)
TJSB Bank Ltd.
05.2023 - 10.2023
- Managed daily operations for optimal branch performance, including staff scheduling, customer service, and financial transactions.
- Performed monthly compliance checks.
- Monitored financial transactions to detect any suspicious activity or potential fraud.
- Enhanced customer experience by providing exceptional service and addressing concerns promptly.
- Evaluated customer lifestyle to counsel customers on the best products and Services.
- Maintained friendly and professional customer interactions.
Manager (Asst. Branch Head)
DNS Bank Ltd.
07.2022 - 05.2023
- Managed daily operations for optimal branch performance, including staff scheduling, customer service, and financial transactions.
- Assisted in the formulation of annual budgetary plans, ensuring that resource allocation decisions were made with an eye on maximizing overall branch profitability.
- Analyzed business trends to identify areas of opportunity for improved sales performance within the local market segment.
- Performed loan documents scrutiny, assessment, disbursal & post-sanction compliance.
- Performed monthly compliance checks.
- Monitored financial transactions to detect any suspicious activity or potential fraud.
- Enhanced customer experience by providing exceptional service and addressing concerns promptly.
- Maintained friendly and professional customer interactions.
- Maintained strong knowledge of bank products, services, procedures, and regulatory requirements to assist staff members with questions and difficult or complex tasks.
- Excellent reputation for resolving problems and improving customer satisfaction.
- Maintained confidentiality of bank records and client information to prevent mishandling of data and potential breaches.
Asst. Manager
DNS Bank Ltd.
09.2016 - 06.2021
- Performed Day-to-Day Banking Operations like CTS clearing, A/c Opening & Closing, Bills, C-KYC, Re-KYC, AML, Bank Reconciliation, etc.
- Performed retail loan documents scrutiny, assessment, disbursal & post-sanction compliance.
- Performed bank guarantee issuance, extension & invocations.
- Processed customer transactions promptly, minimizing wait times.
- Enhanced branch sales through cross-selling bank products and services to customers.
- Complied with established internal controls and policies.
- Maintained confidentiality of bank records and client information to prevent mishandling of data and potential breaches.
- Maintained friendly and professional customer interactions.
- Maintained strong knowledge of bank products, services, procedures, and regulatory requirements to assist staff members with questions and difficult or complex tasks.
Education
Master of Science - Organic Chemistry
Fergusson College
Pune 04.2010 - 01.2013
Bachelor of Science - Chemistry
Agasti College Akole
Akole 04.2007 - 01.2010
H.S.C - Science Education
Agasti College Akole
Akole 04.2004 - 01.2007
S.S.C -
Pravara Vidyalaya Indori
Indori, Akole, Maharashtra 01.2001 - 01.2004
Skills
- Trade Finance
- SWIFT Messaging
- Letters of Credit
- Bank Guarantees
- UCP 600
ISBP
- URC
- ICC
- Multitasking
- Performance improvements
- Staff training and development
- Decision-making
Certification
KYC AND AML, Indian Institute of Banking & Finance (IIBF), 10/01/23
Software
Oracle Flexcube
Omni Tradefactory
Microsoft Excel
Timeline
Deputy Manager II Trade Finance Operation Group
ICICI Bank
10.2023 - Current
Officer M0 (Branch Operation Officer)
TJSB Bank Ltd.
05.2023 - 10.2023
Manager (Asst. Branch Head)
DNS Bank Ltd.
07.2022 - 05.2023
Asst. Manager
DNS Bank Ltd.
09.2016 - 06.2021
Master of Science - Organic Chemistry
Fergusson College
04.2010 - 01.2013
Bachelor of Science - Chemistry
Agasti College Akole
04.2007 - 01.2010
H.S.C - Science Education
Agasti College Akole
04.2004 - 01.2007
S.S.C -
Pravara Vidyalaya Indori
01.2001 - 01.2004
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