Princep Paul

Position:

Assistant Vice President

Key Responsibility:

• Key Projects: Led the Trade Compliance Risk & Export Proceeds Optimization initiative by collaborating directly with Bangladesh Bank to secure regulatory waivers and time extensions for export proceeds repatriation and Bills of Entry, preventing compliance breaches, safeguarding the bank's regulatory standing, and accelerating the recovery of export proceeds for corporate clients. Spearheaded the modernization of Trade Document Management through the implementation and operational management of a centralized Document Management System (DMS), improving document security, reducing retrieval time, enhancing audit readiness, and streamlining contingent liability management.
• Established standardized trade governance and policy frameworks by developing operational procedures for cross-border trade transactions, strengthening compliance with Bangladesh Bank regulations, and improving reporting accuracy for Foreign Direct Investment (FDI), Long-Term External Debt (LTED), and foreign loan reporting.
• Developed automated trade data analytics and executive reporting solutions for high-volume Letters of Credit (LCs), amendments, IMP reporting, and acceptance transactions, enabling real-time management reporting, reducing manual processing time, improving operational efficiency, and supporting strategic business decision-making.

Position:

First Assistant Vice President.

Key Responsibilities:

• Managed end-to-end Trade Finance operations, including import Letters of Credit (LCs), documentary collections, import bill processing, acceptance, retirement, reimbursement, and foreign exchange transactions.
• Structured and administered trade finance facilities, including PAD (Payment Against Documents), LTR (Loan against Trust Receipt), and LIM (Loan against Imported Merchandise).
• Prepared and evaluated credit proposals for corporate and commercial customers, including SOD, Cash Credit (Hypothecation), Cash Credit (Pledge), LTR, PAD, and Term Loans.
• Conducted credit risk analysis, financial statement analysis, cash flow assessment, and Credit Risk Grading (CRG) to inform lending decisions and mitigate potential risks.
• Ensured compliance with Bangladesh Bank regulations, internal policies, KYC (Know Your Customer), AML (Anti-Money Laundering) requirements, and international trade finance standards.
• Processed and examined import documents in compliance with UCP 600, ISBP, ICC rules, and Bangladesh Bank foreign exchange regulations.
• Supervised import operations, monitored workflow, allocated tasks, and ensured timely processing of transactions to enhance customer satisfaction.
• Coordinated with correspondent banks, shipping companies, customs authorities, regulators, and internal departments to ensure efficient transaction execution.
• Led and mentored junior officers, monitored departmental performance, and contributed to staff development and operational excellence.
• Contributed to process improvements and operational risk mitigation, supporting departmental and branch objectives for enhanced operational performance.

Position:

Senior Executive Officer

Key responsibility:

• Managed end-to-end import trade finance operations for corporate, commercial, and SME customers.
• Processed and administered Documentary Letters of Credit (LCs), including sight, usance, deferred payment, UPAS, and local LCs. Examined import documents in compliance with UCP 600, ISBP, ICC rules, and Bangladesh Bank foreign exchange regulations.
• Processed import bills covering acceptance, retirement, settlement, reimbursement, and foreign exchange transactions. Structured and administered trade finance facilities, including PAD (Payment Against Documents), LTR (Loan against Trust Receipt), and LIM (Loan against Imported Merchandise).
• Prepared and evaluated credit proposals for working capital and commercial lending facilities, including SOD, Cash Credit (Hypothecation), Cash Credit (Pledge), PAD, LTR, and Term Loans. Performed credit risk analysis, financial statement analysis, cash flow assessment, Credit Risk Grading (CRG), and credit documentation to support lending decisions.
• Conducted customer due diligence and ensured compliance with KYC (Know Your Customer), AML (Anti-Money Laundering), Bangladesh Bank regulations, and internal credit policies.

Position:

Executive Officer

Key Responsibility:

• Managed end-to-end import trade finance operations in compliance with UCP 600, ISBP, ICC rules, and Bangladesh Bank foreign exchange regulations.
• Processed and advised Documentary Letters of Credit (LCs), including sight, usance, UPAS, deferred payment, and local LCs.
• Processed SWIFT messages related to import trade transactions, including MT700, MT707, MT103, MT202, MT754, and MT756, ensuring accurate and timely execution of international trade payments.
• Maintained effective communication with issuing banks, advising banks, negotiating banks, correspondent banks, shipping companies, customs authorities, and corporate customers to facilitate smooth trade transactions.
• Ensured compliance with internal policies, UCP 600, ISBP, AML (Anti-Money Laundering), KYC (Know Your Customer), and Bangladesh Bank regulations.
• Coordinated with branch operations, treasury, credit, and foreign exchange departments to ensure timely processing of import transactions, effective risk management, and operational excellence.

Position:

First Executive Officer

Key responsibility:

• Built and maintained strong customer relationships by resolving service issues promptly and providing professional banking support while contributing to operational efficiency, regulatory compliance, and continuous process improvement.
• Delivered high-quality customer service by handling account-related inquiries, banking transactions, and customer requests efficiently.
• Performed cheque clearing and collection operations through the national clearing system and processed inward and outward clearing instruments with accurate daily reconciliation.
• Verified customer documentation and ensured compliance with KYC (Know Your Customer), AML (Anti-Money Laundering), Bangladesh Bank regulations, and internal operational policies.
• Supported import trade operations by verifying documents and processing import-related transactions in accordance with banking procedures.
• Prepared banking reports, maintained accurate operational records, and supported internal, external, and regulatory audits. Coordinated with branch operations and internal departments to ensure timely, accurate, and efficient banking services.

Position:

Probationary Officer

Key responsibility:

• Processed domestic and international remittance transactions accurately and in accordance with banking regulations.
• Assisted in cash management, cheque clearing, and settlement operations to ensure timely processing of transactions.
• Prepared banking reports and reconciled financial records to support accurate daily operational reporting.
• Utilized core banking software and Microsoft Office applications for transaction processing, reporting, and record management.
• Coordinated with internal departments to facilitate timely delivery of banking services.

Position:

Information Technology Officer

Key Responsibility:

• Directed the installation, operation, maintenance, and troubleshooting of branch IT infrastructure, including the Flora Core Banking System (CBS), to maintain uninterrupted banking operations.
• Coordinated with software vendors and technical support teams to resolve system issues and implement software updates, enhancing system reliability.
• Administered daily financial data processing, including payment and receipt entries, account reconciliation, and analysis of Trial Balances and Balance Sheets within the core banking system.
• Prepared and synchronized regulatory and MIS (Management Information System) reports through digital branch-to-head office platforms, ensuring data accuracy, timely reporting, and compliance with internal policies and Bangladesh Bank requirements.