Nitin Borkar Email & Phone Number

Pune, Maharashtra, India

Handling Import payment and SWIFT operation end to end from receiving the transaction of customer with documentation part, record management including bill of entry closer and payment execution.• Handling service payment from identifying the purpose code of service, explaining the documentation required from customer to branch or customer and payment execution.• Handling SWIFT related customer queries MT103, MT102, MT199 and inward tracker of import transactions.• Taking training sessions of trade desk to improve quality of transactions and to avoid rejections of transactions.• Handling external and internal audit observation for branch trade desk and central processing unit.• Handling Nostro Reconciliation for debit and credit entries and Co-ordination with Correspondent Banks for stuck payments

Pune, Maharashtra, India

Team Management, Implementation of Process Controls• Handling of Trade Finances for Citi Commercial Banking Division-Imports Department both advance and direct payments. Handling all import bills (foreign and domestic).• Approaching RBI for transaction approvals which is not mentioned in RBI guidelines related to the foreign currency payments, Import payments• Building client relationship by enabling them to move to online platforms to pave the way for digitization• Preparing MIS for Export Bills for tracking Turnaround time of the transactions on regular basis.

Pune, Maharashtra, India

Worked in CITI-Corp Services India Pvt. Ltd. (CITI Group) as checker for fraud transaction investigation on credit card, charges reversal and saving account.• Processing request of the customer and Interdepartmental request related to underwriting of credit cards and personal loan• Limit increase or decrease on credit cards, Swap request from one card to another card, , Loan booking, loan pre-closer, loan closer, credit card maintenance, removing & adding blocks, activate & deactivate credit cards.• Ensure day to day operations are performed and SLAs are met as per agreed for all businesses.

Pune, Maharashtra, India

Worked in Mphasis Ltd as a Sr. Transaction Processing Officer. (Level 3) for LPL Financial. LPL Financial is the United Nation’s largest independent broker-dealer*, a top RIA custodian, and a leading independent consultant to Retirement Investment plans.• Moved to handle the Cash disbursements part of the business where I handled a team dealing with all retail cash disbursements via ACH, WIRES, and Checks etc.• Worked as a back -up Team lead under GTP handled team of 12 staff where I was responsible for improvement of Customer Service experience, SLAs & operations Management and Team Training.

Applied Financial Risk Management, Financial Risk Management, A

Activities and Societies: VAR1) Quantify financial risk as a number with perspective of measuring it Understand what is Value-at-Risk.

Certificate Course In Foreign Exchange, Trade Finance, A

Activities and Societies: FEDAI, FEMA, Foreign Trade Policy, Foreign Exchange Rates and Risk Management, Code Of Conduct, Compliance.

Master Of Business Administration - Mba, Finance, General, 2Nd

Bachelor Of Commerce (B.Com.), Banking And Financial Support Services

I learn their up to my HSC

Higher Secondary Level Education, Commerce