Kundanba Vaghela

Results-driven Trade Finance professional with 2 years of experience in managing international trade transactions and cross-border payments. Proven track record in handling a high volume of Letters of Credit (LCs) and Bank Guarantees while ensuring 100% regulatory compliance. Skilled in reducing operational errors and enhancing process efficiency by leveraging core banking systems like SWIFT and Finacle.

Trade Finance Officer - HDFC Bank - wholesale banking operations, ahmedabad

(2023)

• Documentary Credits: Scrutinized import/export documents under Letters of Credit (LC) to ensure 100% compliance with UCP 600 and ISBP guidelines.
• LC Issuance & Amendments: Managed the end-to-end lifecycle of LCs, including vetting applications, issuance, and processing amendments.
• Bank Guarantees (BG): Handled the issuance and cancellation of Financial and Performance Bank Guarantees (URDG 758).
• Remittances: Processed inward and outward remittances (Direct/Advance/Collection) ensuring strict adherence to FEMA and RBI guidelines.
• SWIFT Operations: Proficient in generating and interpreting SWIFT messages such as MT700, MT707, MT103, and MT202.
• Bill Collections: Managed Documents against Payment (DP) and Documents against Acceptance (DA) under URC 522.
• Core Banking Systems: Experienced in using software like Finacle, Flexcube.
• Reporting: Prepared daily and monthly MIS reports to track transaction volumes and outstanding trade liabilities.

Master of Commerce - Accounting and Auditing - Gujarat University (2021 - 2023)

Bachelor of Commerce - Accounting and Auditing - Gujarat University (2018 - 2020)

HSC - Chadra Bhanu School (2016 - 2018)

SSC - Somnath Vidhyalay (2014 - 2015)