Pradeep Mca

Trade Finance Operations professional with the experience in handling import/export transactions, Letter of credit processing and collections. Strong expertise in compliance with UCP and Fema regulations, managing end to end trade lifecycle. Proven ability to ensure error free processing and timely settlements.

Manager - WOORI BANK

(2021-03)

Act as team lead for trade operations team monitored transactions, ensured compliance, and reduced processing with UCP, URR, URC.

• Steering Treasury & Trade Finance activities including funding & settlements on money market dealings, foreign exchange and derivatives.
• Managing day-to-day, weekly and monthly Financial Planning for Letter of Credit (L/C) payments and other financial liabilities.
• Directing the issue of Import and Export Letters of Credit (L/Cs) including Advise, amendments, acceptance, settlements, cancellations and all negotiation with the Banks.
• Scrutinizing and Authorize the bills for inward and outward remittances on daily basis.
• Letter of Credit and all bills negotiation with the Banks.
• Processing SBLC, BID Bonds, Performance guarantees, Financial guarantees(BASIC LEVEL).
• Supervising: Remittance documents for import and export payments.
• Discounting in payment and lodgment under export collection.
• Export Bills under Letter of Credit.
• Inland Letter of credit issuance.
• Import collections including the processing of inward bills, marking Acceptance, processing 'Free of Payment' bills, undertaking legalization of Documents, issuing delivery orders under collection.
• Export collections including the processing of outward bills, marking Acceptance, collection payments and Making payments for the same.
• Sanctions check and screening with the help of guidelines of OFAC.
• Checking and sending Swift Messages to Issuing Bank for Communicating Acceptance, Discrepancy and for further Clarification.
• Handling order to cash management for the payment received and kept in account receivable.
• Department: Back Office Operations

Trade finance specialist - WIPRO LIMITED

(2019-02 - 2020-10)

Managing a team in trade finance for middle East market ensuring that all key metrics of performance as per the client SLA are met and exceeded.

• EXPORT COLLECTIONS
• Scrutiny and verification of documents of Export under Collection.
• Managed issuance, advising, confirmation, negotiation, and payment of letters of credit to ensure seamless trade transactions.
• Conducted thorough reviews of trade documentation to ensure accuracy and compliance with regulatory standards.
• Performed document checking, processing, and monitoring of letters of credit and documentary Collections.
• Prepared comprehensive reports and updated management on trade finance activities and performance metrics to support informed decision-making.
• Sending Swift Messages to Issuing Bank for Communicating Acceptance, Discrepancy and for further Clarification.
• Adhering to all Sanction, AML and Red Flag policies and procedures. Escalating suspicious transactions when required.
• Sanction check in world check and FIRCOSOFT.
• IMPORT COLLECTIONS
• Scrutiny and verification of documents of Import under Collection.
• Lodgment, payment, acceptance, tracers in Import under collection.
• Checking of return of documents.
• Grade: B1
• Department: Digital Operations and Platforms(Trade Finance)
• Client: National Bank of RasAlKhaimah ( RAKBANK)

Deputy Manager (Back Office –Trade Finance Operations) - ICICI BANK, Mumbai - Mumbai

(2015-08 - 2018-12)

• EXPORT BILLS & LETTER OF CREDITS
• Scrutiny of documents of Export Bills under Letter of Credit.
• Scrutiny of documents of Export under Collection.
• Preparation and Verification of Export under Letter of Credit in Finacle.
• Preparation and Verification of Export Bills under Collection in Finacle.
• Sending Acceptance Messages, Discrepancy Messages to Issuing Bank through SFMS.
• Sending Swift Messages to Issuing Bank for Communicating Acceptance, Discrepancy and for further Clarification.
• Scrutiny of documents of Advance against Exports.
• Preparation and Verification of Advance against Exports Strong exposure in automatisation of reporting systems with hands-on experience in Finacle I Core System & its various Menu Options.
• Adhering to all Sanction, AML and Red Flag policies and procedures. Escalating suspicious transactions when required.
• Sanction check in AMLOCK following OFAC and FATF.
• Preparation and Verification in Finacle ( 10 X ).
• Clearing Audit queries related transactions.

Post Graduate Diploma - Banking - ICICI Manipal Academy - Bangalore, India (2013-01 - 2015-10)

Bachelor - Computer Science - Paavai Engineering College - Namakkal, Tamilnadu, India (2010-01 - 2013-01)

Bachelor - Jairam College of Arts and Science - Salem, Tamilnadu, India (2010-01)