Sanchit Duggal

Results-driven Banking & Financial Services professional with 10+ years of experience in Expertise in handling Trade Finance Operations including Letters of Credit, Bank Guarantees, SWIFT transactions, Forex remittances and Treasury Solutions. Proven expertise in client servicing, stakeholder coordination, transaction management regulatory compliance and operational risk control, with a strong track record of driving revenue growth, enhancing client satisfaction. Skilled in managing corporate and SME relationships, delivering tailored banking solutions, and ensuring seamless execution of end to end trade transactions with strong focus on customer satisfaction and operational efficiency.

Experienced in leadership roles with ICICI Bank and Axis Bank, successfully managing high-value client relationships and collaborating with cross-functional teams to deliver strategic banking solutions. Adept at Trade Finance, Treasury Products, Financial Modeling, and Business Valuation, supported by an MBA qualification and strong analytical capabilities. Committed to building long-term client relationships, driving business growth, and delivering innovative financial solutions aligned with organizational objectives.

Senior Manager (Transaction banking Group) - ICICI Bank Ltd. - Noida

(2022-12)

• Working as a Trade Desk Manager in ICICI bank Noida region and leading a team of three Trade Desk officers.
• Managing end-to-end Trade Finance transactions including Letters of Credit, Bank Guarantees, remittances, and SWIFT-based international payments.
• Managing all forex and trade products, effecting inward and outward remittances for Importers and exporters, managing Export & Import bills under collections/LC, issuing domestic Bank guarantees & letters of credit, settling funds under Foreign direct investments, Overseas Direct Investments, Regularization of shipping bills (EDPMS) & bill of entries (IDPMS) with end-to-end execution of trade transactions for 7 branches across Noida region.
• Maintaining strong turnaround timelines and service quality standards while managing high-value corporate banking relationships.
• Assisting clients in understanding Trade Finance documentation requirements, regulatory norms, and banking procedures.
• Working closely with internal teams for smooth execution of import/export transactions and timely processing of trade instruments.
• Liaising with cross functional teams for fulfilling lending/funding requirements of large Corporates.
• Ensuring processes are compliant as per RBI and FEMA regulations governing trade products.
• Provided valuable insights to product team to help optimize banking operations and improve process efficiency in-turn enhancing overall performance of bank.
• Setting objectives and goals for the team and sharing timely feedback for process and performance improvement.
• Handling customer servicing, transaction monitoring, and operational support for Trade Finance and Transaction Banking products.

Manager (Customer Service Manager –Trade Forex) - Axis Bank Ltd. - Noida

(2021-06 - 2022-12)

• Worked as a Customer service Officer in Wholesale Banking division for Small & medium size corporates.
• Responsible for scrutinizing trade documents for processing as per internal compliances & RBI guidelines.
• Handled end to end processes for effecting Inward & outward remittances for Trade & Non-trade clients, Import and Exports transactions, Export bills drawn under collection, Issuance of Bank guarantees, booking FX rates through online software, generation of BRCs/FIRC, Cash/Tom/Spot & Forward contracts booking/early utilization, cancellation.
• Handle all service requests and queries from customers, liaison with RMs, Product/Ops teams, DTFC and ensure timely delivery of service and timely execution of transactions adhering to stipulated TAT.
• Sourced FX rates from the dealing room and negotiated best-available pricing for corporate, NRI, and retail clients to support treasury revenue and client retention. Acted as a single point of contact between clients, treasury dealers, and operations teams for smooth FX transaction processing.
• Managed end-to-end FX client quoting and deal execution across CTS and forward contracts, enhancing treasury revenue generation while ensuring adherence to internal treasury policies and regulatory compliances.
• Drove treasury revenue through client-side FX negotiations, timely deal execution, and advisory on hedging solutions including forwards and LTFX contracts.
• Promoted onboarding & migration of customers to Digital banking platforms.
• Led the Trade Forex servicing team to optimize transaction processing, resolve client queries efficiently, resulting in a 20% reduction in service turnaround time, enhanced client satisfaction and increased client retention.

Accounts & Finance Executive - M.K. Overseas Private Ltd. - Delhi

(2017-05 - 2019-04)

• Responsible for arranging for Pre-shipment finance and post shipment finance, to meet the short-term working capital needs of the company.
• Prepared financial statements in compliance with applicable accounting standards along with continuous monitoring to support statutory, audit, and compliance objectives.
• Managing overseas clients of APAC regions in Southeast Asian countries namely China, Vietnam, Malaysia & Indonesia.
• Compilation of export documentations for Realization of BRC (Bank Remittance Certificate).
• Maintaining status for export bills and status of collections to know the timing of funds inflow & outflow.
• Responsible for lodgments of export documents to the bank & giving disposal instructions for forex realizations in company's account.
• Coordination with various banks for extension of PCFC & PC credits and acted as a liaison between various departments.
• Managed comprehensive financial reporting, optimized accounts payable/receivable processes, and ensured compliance with statutory regulations to enhance fiscal accuracy and support strategic business decisions at M.K. Overseas Private Ltd.

Accounts Executive - A-Task Consultancy Private Ltd. - Noida

(2013-09 - 2017-02)

• Preparation of Financial statements, ledgers, Statutory accounts, ROC fillings, GST and Tax returns.
• Finalization of books of accounts of the Company.
• Liaising with Internal & External auditors and dealing with any financial irregularities as they arise, negotiating payment terms with suppliers.
• Prepared project-wise cost statements, MIS, and cash flow reports.
• Records of Payments disbursement to vendors and Vendor-contracts management.
• Tracking the financial performance of construction projects, which includes handling complex billing schedules, job costing, and managing subcontractor payments.
• Managed comprehensive accounts payable and receivable processes, ensuring accurate financial reporting and timely reconciliation that improved cash flow management.
• Managed daily financial transactions and reconciliations, ensuring accurate ledger entries and timely reporting that improved financial accuracy and compliance at A-Task Consultancy Private Ltd.

MBA - Dual specialization in Finance & Marketing (2019-06 - 2021-03) Delhi

CFA Level 2 Candidate - CFA Institute US

Certification - Financial Planning & Wealth Management Mumbai

Certification - Investment banking operations (CIBOP) Gurugram

Certification - Financial Modeling & Business Valuations - The Wallstreet School

Internship - Axis Bank CBB Branch (2021-01 - 2021-04) Delhi, Pusa Road

Bachelor of Commerce (2008-06 - 2011-03)