Manager Service

ASHWANTH CHENOOR

CONTACT: +91-900*******

MAIL: ********.*******@*****.***

Trade Finance Operations

Focused and goal-oriented professional targeting assignments in Trade Finance Operations with an organization of repute in banking sector.

PROFILE SUMMARY

Over 6 years3 months of experience in Trade Finance Operations involving Export Related transactions, import related transactions, outward remittances, documents under letter of credit,pre shipment finance, post shipment finance, GR waivers and so on

Working with ICICI Bank, Hyderabad as Manager

Competency in managing branch operations and implementing strategies towards enhancing market penetration, business volumes and growth

Expertise in implementing procedures & contributing towards improved financial performance, heightened productivity and enhanced internal controls

Capability to translate the organizational business objectives into action plan with a focus on profitability for successful management; potential to identify & improve bottlenecks and problem area in operations

An impressive communicator with honed leadership, team building, negotiation, presentation and analytical skills

CORE COMPETENCIES

Import/Export Documentation Documents under letter of credit Post shipment finance Pre shipment finance Outward remittances GR waivers Team handling

ORGANISATIONAL EXPERIENCE

ICICI Bank, Hyderabad 2014-Present

Manager (Trade Finance Operations)

Key Result Areas:

Administering the verification of all trade finance products including Letters of Credit (L/C), Documentary Collections, Remittances, Reimbursements.

Maintaining excellent relations with existing trade finance customers

Ensuring adherance to the bank's service standard compliance policies leading to high levels of service quality

Controlling import/export collections including the processing of inward/outward bills,

Handling audit for internal processes related to bills and discounting

Analysing & resolving technical and compliance issues that threaten turnaround time of the product

Performing User Acceptance Testing on various new process variations to enable effective functioning of application

Sending Reimbursement claims, Tracers to foreign banks

Preparing & verifying SWIFT (Series, Payment) messages for customer payments & cheques,

Using the checklist to monitor and control compliance basis Anti-money Laundering (AML) and Sanctions for Trade Services Transactions on a daily basis.

Highlights:

Achieved Turnaround Time (TAT) of 97% as against the set benchmark of 97%

Contributed to the development of the Trade Finance Strategy of the bank through suggestions such as process improvements in reducing manpower and accuracy in transactions

Contributed in closure of pending shipping bills which was Reported in exporters caution list

Calculated Hot Time of major line products and analyzed workforce optimization & resource planning across Bills Import & Export Lodgment Team and Outward Remittance Team

Identified major income leakage in products and built controls

Performed UAT of Finacle 10X on modules related to import, export and remittances to reduce errors by 40%

Reduced client complaints from 65% to 15% along with nil RBI escalations in trade transactions through adhering to documentation, systems and processes

Managed relationships of corporate clients in Bangalore, Hyderabad, Vadodara with a team of 7 personnel

ORGANISATIONAL PROJECTS

Title: Tracer Automation

Duration: 4 months

Description: The project was about automation of sending payment and acceptance tracers to foreign bank i/o sending manually.

Title: Automation of Import & Export Cases

Duration: 3 months

Description: The aim of the project was to reduce manual making of generating references for import & export bills by uploading all the details through excel into finacle.

Title: UAT for Finacle 10X for Various Modules

Duration: 3 months

Description: The project was about performing testing for finacle 10X for all the modules at the time of migration from finacle 7X.

ACADEMIC DETAILS

PGDB (Banking & Finance) from IMA, Bangalore in 2014

PGDM (International Business & Marketing) from ICBM, Hyderabad in 2014

B.Tech. (IT) from Ganpathy Engineering College, Jawaharlal Nehru Technological University, location in 2012

MPC from Sri Chaithanya Jr. College, Vijayawada in 2008

SSC from St. Peters High School, Warangal in 2006

IT SKILLS

Finacle (7X and 10X)

C, C++ and Java

SWIFT Application

MS Office

EXTRACURRICULAR ACTIVITY

Given seminars for new customers entering Trade business in hyderabad

PERSONAL DETAILS

Date of Birth: February 5th, 1991

Languages Known: English, Hindi and Telugu

Address: 5-11-697/1, University Colony, Hanumakonda, Warangal, Telangana

Passport:NO912219 valid up to 15-07-2025

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