Vedant Avinash Nalawade
Mumbai
Summary
Adept at enhancing operational and organizational efficiency, I spearheaded trade operations at CITICORP Limited, expertly managing Insurance Letter of Credit transactions and ensuring compliance with international trade regulations. My proactive approach in resource management and employee performance led to a significant mitigation of risks, showcasing my ability to blend strategic oversight with essential soft skills like leadership.
Overview
3
3
years of professional experience
Work History
Trade Operations Officer
CITICORP Limited
07.2022 - Current
- Process and manage Insurance Letter of Credit (ILOC) transactions, including issuance, amendments, and settlements.
- Verify and review trade documents to ensure compliance with ILOC terms and international trade regulations.
- Coordinate with clients, issuing banks, advising banks, and international counterparties to facilitate smooth trade operations.
- Conduct thorough due diligence on trade documents to mitigate risks and ensure compliance with internal and external policies.
- Resolve discrepancies and issues related to ILOC transactions, working closely with relevant stakeholders.
- Maintain accurate records of all ILOC transactions and ensure timely updates to internal systems.
- Prepare and submit regulatory reports related to trade finance activities.
- Withholding the knowledge of various swifts type including MT202 , MT103, MT760, MT767, MT799
- Processing and amending/issuing bank guarantees (BG) as per the requirements received
Trade Specialist
Tata Consultancy Services
08.2021 - 07.2022
- Process and manage Insurance Letter of Credit (ILOC) transactions, including issuance, amendments, and settlements.
- Verify and review trade documents to ensure compliance with ILOC terms and international trade regulations.
- Coordinate with clients, issuing banks, advising banks, and international counterparties to facilitate smooth trade operations.
- Conduct thorough due diligence on trade documents to mitigate risks and ensure compliance with internal and external policies.
- Resolve discrepancies and issues related to ILOC transactions, working closely with relevant stakeholders.
- Maintain accurate records of all ILOC transactions and ensure timely updates to internal systems.
- Prepare and submit regulatory reports related to trade finance activities.
- Withholding the knowledge of various swifts type including MT202 , MT103, MT760, MT767, MT799
- Processing and amending/issuing bank guarantees (BG) as per the requirements received
Education
Master of Commerce -
Mumbai University
Mumbai, India2023
Bachelor of Commerce -
Mumbai University Model College
Dombivali, India2021
Skills
- Operational Efficiency
- Employee Performance
- Resource Management
- Organizational Efficiency
- Communications Skills
- Project Management
- Regulatory Knowledge
- Team Collaboration
- Risk Management
Computer Skills
- MS Office
- ERP Systems
- Advanced Excel
- Cyber Security Knowledge
Languages
English
Marathi
Hindi
Timeline
Trade Operations Officer
CITICORP Limited
07.2022 - Current
Trade Specialist
Tata Consultancy Services
08.2021 - 07.2022
Master of Commerce -
Mumbai University
Bachelor of Commerce -
Mumbai University Model College
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