Iftekhar Hossain

Iftekhar Hossain Email and Phone Number

Principal Officer at ONE Bank Limited, providing foreign trade finance services to corporate clients @ ONE Bank Limited
dhaka, dhaka, bangladesh
Iftekhar Hossain's Location
Dhaka, Bangladesh, Bangladesh
About Iftekhar Hossain

I have more than 5 years of banking experience, prioritizing both client satisfaction as well as compliance in the foreign trade finance services department by following the motto “Doing right things right, first time right.”I understand the challenges of foreign trade finance and trade-based money laundering and I'm passionate about providing effective and efficient solutions in order to ensure smooth cash flow while mitigating financial & reputational risks.In my current role, I am responsible for scrutinizing trade documents and executing settlement transactions and have been successful in reducing the service processing time while ensuring compliance.Some of my noteworthy accomplishments include:1. Prevented trade-based money laundering by regularizing all issues regarding less repatriation of export payments received through telegraphic transfer.2. Reduced time required for various data entry work to a few minutes by developing templates of MS Excel & XML files.In my leisure time, I enjoy gardening.Feel free to contact at iftekhar.h2@gmail.com or call me at +8801670243493.

Iftekhar Hossain's Current Company Details
ONE Bank Limited

One Bank Limited

View
Principal Officer at ONE Bank Limited, providing foreign trade finance services to corporate clients
dhaka, dhaka, bangladesh
Employees:
597
Iftekhar Hossain Work Experience Details
  • One Bank Limited
    Principal Officer
    One Bank Limited Apr 2022 - Present
    Centralised Trade Processing Center, Dhaka, Bangladesh
    - Develop MS Excel templates by using various functions like Vlookup, Pivot-table to extract and organize thousands of data from various sources and create XML files for uploading and reporting to regulatory authority which has reduced working time by 90%. - Scrutinize 25+ trade documents and payments every day in accordance with regulations, Anti-Money Laundering policies and escalate issues to relevant stakeholders, resulting in reduced trade-based money laundering.- Process 25+ payments every day accurately & timely by creating various templates for different modes of transactions, while ensuring proper distribution of export payments to meet client’s back-to-back liabilities and mitigating client’s financial risks. - Provide excellent service to clients by delivering timely response, feedback and coordinating with Relationship Managers.- Process client's Cash Incentive Applications. - Prepare various monthly, quarterly and yearly statements and reports required for various trade-based business decisions and timely submission to the concerned authorities.
  • One Bank Limited
    Senior Officer
    One Bank Limited Feb 2019 - Mar 2022
    Trade Finance Department, Kawran Bazar Branch, Dhaka, Bangladesh
    - Scrutinized import documents thoroughly and within time limit and found discrepancies in more than 80% of the documents, resulting in generation of revenue.- Scrutinized 15+ trade documents and payments every day in accordance with regulations, Anti-Money Laundering policies and escalated issues to relevant stakeholders, resulting in reduced trade-based money laundering.- Processed 15+ payments every day accurately & timely by creating various templates for different modes of transactions, while ensuring proper distribution of export payments to meet client’s back-to-back liabilities and mitigating client’s financial risks.- Performed SWIFT operations for executing and monitoring Letter of Credit (LC), discrepancies, acceptance and ensuring settlement of payments.- Performed financial transactions related to export/import including negotiation, disbursement & adjustment of various loans against receivables.- Monitored export/import related data in online monitoring systems and generated various ad-hoc certificates and reports for trade-based business decisions.- Developed and managed a simplified cash incentive application process from initiation to disposal along with creation of an informative register in order to track the status of 3000+ applications which reduced service delivery time to 3 days.
  • One Bank Limited
    Senior Officer
    One Bank Limited Oct 2018 - Feb 2019
    Credit Department, Banani Branch, Dhaka, Bangladesh
    - Assisted relationship managers (RM) of the credit department of the branch for all their tasks, including but not limited to development and implementation of business to achieve profit target and enhance business portfolio. - Prepared 2 credit proposals for 2 corporate clients by analysing clients’ portfolio & eligibility and received approval for both of the proposals.- Monitored and facilitated clients’ daily transactions and business needs by coordinating with different departments of the bank, visiting clients’ factory and office premises, maintaining relationship and providing timely & excellent service.
  • One Bank Limited
    Special Cadre Officer
    One Bank Limited Oct 2017 - Oct 2018
    - Acquired knowledge on banking, account opening, banking services and products, operations, regulatory bodies and the rules and regulations governing the banking system. - Conducted all tasks assigned in general banking (retail & corporate), teller, loan administration and foreign trade finance services.
  • Eduaid - Immigration Services
    Cdr Specialist
    Eduaid - Immigration Services Jun 2014 - Oct 2017
    Dhaka, Bangladesh
    - Prepared Competency Demonstration Report (CDR) guidelines, explained to clients and assisted in preparing the report.- Led a team in checking and finalizing clients’ CDR documents according to the standard set by Engineers Australia.- Communicated and coordinated with Engineers Australia and Eduaid Australia office to facilitate application process.
  • Robi Axiata Limited
    Intern
    Robi Axiata Limited Nov 2012 - Feb 2013
    Dhaka
    -Checked customer complaints using Complaint Management System and identified coverage, call drop, etc. issues and solved by adjusting antenna azimuth, height, etc.- Planned & prepared Work Order (WO) for change in antenna azimuth, height, Electric/Mechanical Tilt Planning.- Prepared BTRC Approval report for Border sites & Technical Justification for new BTS.Solved GPRS problem by Abis interface plan of NSN.- Analyzed coverage statistics by simulation for new BTS using Aircom Enterprise (ASSET) software.
  • Idp Education Pvt Ltd Bangladesh
    Assistant To The Representative Of Monash University
    Idp Education Pvt Ltd Bangladesh Aug 2009 - Jan 2012
    Hotel Ruposhi Bangla, Dhaka
    IDP Education Exhibition- Assisted the Representative of Monash University in counselling prospective students who attended the exhibition. - Translated queries of the prospective students to the representative.- Assessed students qualifications to match with the university's requirements, provided application details and accepted applications.

Iftekhar Hossain Education Details

Frequently Asked Questions about Iftekhar Hossain

What company does Iftekhar Hossain work for?

Iftekhar Hossain works for One Bank Limited

What is Iftekhar Hossain's role at the current company?

Iftekhar Hossain's current role is Principal Officer at ONE Bank Limited, providing foreign trade finance services to corporate clients.

What schools did Iftekhar Hossain attend?

Iftekhar Hossain attended University Of Dhaka, Universiti Monash Malaysia, Maple Leaf International School, Maple Leaf International School.

Not the Iftekhar Hossain you were looking for?

Free Chrome Extension

Find emails, phones & company data instantly

Find verified emails from LinkedIn profiles
Get direct phone numbers & mobile contacts
Access company data & employee information
Works directly on LinkedIn - no copy/paste needed
Get Chrome Extension - Free

Aero Online

Your AI prospecting assistant

Download 750 million emails and 100 million phone numbers

Access emails and phone numbers of over 750 million business users. Instantly download verified profiles using 20+ filters, including location, job title, company, function, and industry.