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.
• 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