Selvakumar Selvakumar

Seeking a promising career that provides an opportunity to apply and enhance current skills, acquire new skills and contribute effectively to the organization. Aspiring to work as a key player in challenging, innovative and creative environment

Trade Finance Associate at Wipro (2024-07 – Present)

• Processed Import and Export Documentary Collections including Documents against Payment (D/P) and Documents against Acceptance (D/A) in accordance with International Chamber of Commerce URC 522 guidelines.
• Reviewed and verified trade documents such as Commercial Invoice, Bill of Exchange, Bill of Lading, Packing List, and Insurance Certificate to ensure compliance with collection instructions.
• Prepared and dispatched collection documents to correspondent / collecting banks through secure courier and SWIFT messaging.
• Handled SWIFT messages related to collections including MT400, MT410, MT412 and MT499 for payment advice, acceptance, and transaction follow-ups.
• Monitored due dates for collection bills, ensuring timely follow-up for payments and acceptance from presenting banks.
• Processed accounting entries for collection proceeds, bank charges, and commission, ensuring accurate reconciliation of trade transactions.
• Ensured compliance with AML, sanctions screening, and internal banking policies for all trade finance transaction.
• Processed MT103 and MT202 (SWIFT) payment messages in banking environment.

Trade Finance Associate at Randstad India private limited (IndusInd bank) (2023-05 – 2024-07)

• Transaction processing of non dispatch and IRM
• Hands on experience in regulatory guideline in export/remittance, EDPMS,EBRC.
• Extensive knowledge in AML and OFAC guidelines.
• RBI regulatory reporting of exports collection bill in EDPMS portal.
• Experience in EDPMS, TRACCS application, AD CODE transfer, IRM update, Bills reconciliation, EBRC issuance check.
• Closing the bills for client to get BRC on time.

Bachelor of commerce – Karpagam University (2020 – 2023)

SSLC (Secondary School Leaving Certificate) – Veveham High secondary school (2019 – 2020)

HSC (Higher Secondary Certificate) – Veveham High secondary school (2017 – 2018)