VIVEK SHARMA

· Process transactions for issuing of guarantees, amendment, cancellation, lodgment of claims and payments within the limit as per the credit policy.

· Handle Swifts/Telexes of transactions relating to bank guarantees.

· Accurately process ordinary transactions relating to advising, amendment and cancellation of Import and Export Letters of Credit and ensure work accomplishment in strict compliance with the International Chamber of Commerce Rules and Bank's policies and procedures.

· Input transactions for advising, confirmation, amendment and cancellation of Import and Export Letters of Credit on a timely basis.

· Settle value of documents, sight, in same value dates ensuring full funding coverage with FX, Treasury and Credit Departments to avoid loss due to delay of payment interest.

· Deal with client on routing operational issues for advising of Import and Export Letters of Credit and handling of documents. Dispatch export letters of credit and related documents to clients and Banks.

· Prepare and submit reports to the Trade Finance Manager, Operations to monitor workflow and income in addition to the montly and quarterly reports

· Assist Relationship Managers in implementing changes to internal Standards and procedures Inline with development in the business.

· Ensure strict compliance of internal procedures in line with standards laid down as per Quality policy.

· Monitor the day-to-day processing/delivery of all Trade Services products related to the Trade CSC With the primary purpose of meeting/services Standard.

· Provide trade related services to customers as per standard set out in the Quality Manual/System And to meet turnaround time as per the service level agreement.

· Ensure speedy resolution of customer queries and complaints. In accordance with laid down Procedures and quality standard.

· Compliance of all the policies and procedures issued in relation to Money Laundering/Prevention and KYC Terms.

· Provide information about product feature, benefits and implementation to callers. Provide back-office support to sales team. Assists RM in completing KYC review of the clients.

· To conduct all business operations in compliance with internal policies and external laws/Regulations/Guidelines.

• Mohali and Panchkula branches mapped to generate the forex Revenue from these branches
• Drive marketing initiatives launched centrally by the product team or any other team directly
• Pay visits to the trade customers along with BM, RM, ABM, PRM, CANI, NRRM
• Maintain record of all activities undertaken in respect of the business
• Responsible for income targets set for the products for the respective branches being supported
• Achieve customer acquisition plans set for the number of branches that are being serviced
• Ensuring adherence to internal processes, circulars, regulatory guidelines and strict adherence to AML guidelines and risk associated with sanctions.

• Conducting scrutinization of the submitted documents of Exports, Imports ,BG and Collections
• Executing and authorizing the transactions of imports/exports/domestic/foreign trade
• Reviewing TAT (Turn Around Time) and ensuring quality standards
• Ensuring adherence to internal processes, circulars, regulatory guidelines and strict adherence to AML guidelines and risk associated with sanctions
• Providing guidance and training to the team to perform consistently with high standards in a team environment
• RTFX Income Target on entire range of Trade services consisting of Imports/Exports/Inland and Foreign Letter of Credit
• Ensured compliance of all internal procedures, operational controls, quality systems and regulatory requirements
• Gained knowledge of departmental Trade Finance procedures and manuals like Letter of Credit, Bank Guarantee that led to benefits of the organization
• Develop and maintain professional and Productive ongoing client relationship with designated clients.

• Export and import payments bills under collection, export bills against remittances received in advance, Inward payments (Credit to Customers)
• Advance payments against imports, direct import payment and collection of import bills
• Vetting, issuance, cancellation and invocation of bank guarantee, counter bank guarantee
• Processing of Outward payments of services and Miscellaneous remittances
• Processing of GR release documents
• Merchant Trade Transaction (Import and Export Both legs)
• Import Bill lodgment under LC

• Export and import payments Bills under collection, export bills against remittances received in advance, Inward payments (Credit to Customers)
• Advance payments against imports, direct import payment and collection of import bills
• Vetting, issuance, cancellation and invocation of bank guarantee, counter bank guarantee
• Processing of Outward payments of services and Miscellaneous remittances
• Processing of GR release documents
• Merchant Trade Transaction (Import and Export Both legs)
• Export Bill Discounting and LC Bill Negotiation
• Disbursement of Packing Credit in Foreign currency and Packing Credit in INR
• Outward Remittance under LRS (e.g
• Education, Gift, Travel)
• Export Bill lodgment under Lc and collection