Senior Consultant
Ernst & Young Pvt Ltd
مجموع سنوات الخبرة :18 years, 0 أشهر
Organization: Ernst & Young Private Ltd May ’11 - Till Date
Unit/Department: Financial Services - Risk Advisory Services
Designation: Senior Consultant
Projects Undertaken:
Process review of Trade Finance Products:
Understanding the regulatory requirements and ensuring adherence to the requirements
Understanding the Client process and check the steps in place to meet the regulatory requirement
Understanding the Risk Involved and suggesting ways to Minimize the Regulatory Impact
Risk management gap analysis and development of implementation roadmap
Responsible for developing solution for Operations risk management
Responsible for support in areas of development of business proposals for new business pursuits
Process review of Capital Adequacy Ratio:
Understanding the RBI set norms and regulations
Cross mapping the regulations and process set by RBI with that of the client
Identify & measure the Control gaps in the process
Analyzing the Risk involved in the process to provide suggestions to minimize the control gaps
Ensuring complete and timely execution of the project
Organization: TCS E-Serve Ltd
(Formerly known as Citigroup Global Services Limited)
Unit/Department: Import Payment & Remittances
Key Deliverables:
Managing a team of 67 resources
Processing Outward Remittances through Foreign Currency Advance Payment (FCA), Foreign Currency Direct Bill (FCDB), Under LC Payments, Under Collections
Ensuring all Payment Processing is done as per the Guidelines provided by FEMA & RBI
Assist Senior Members with further enhancement/coverage of LOP’s/Tracking SLA miss out
Redesigning & restructuring the process to ensure faster delivery to Customer & proper work life balance for the entire Team
Do root cause analysis of errors.
Unit/Department: LC Issuance India & Bangladesh
Key Deliverables:
Managing a team of 17 resources
Issuing various types of Letter Of Credit as per International Banking rules & guidelines i.e. UCP 600, ISBP 98
Co-ordination with internal clients for investigation & resolution of queries pertaining to the transaction
Maintaining the Quality standards as per the Quality requirement of ISO
Unit/Department: Bank Guarantee Issuance
Key Deliverables:
Managing a team of 6 resources
Issuing various types of Guarantees i.e Financial & Performance Based Guarantees
Single Point of Contact (SPOC) between Branch and Operations to avoid Communication Gaps.
Monitoring various Reporting viz Customer Charges Reporting, Commission Reporting, Pending Transactions Reporting
Reporting Directly to Asst Vice President for Process Enhancements
India Compliance Manager:
Key Deliverables:
Single Point of Contact for any Compliance issues for Import/Export related products
Screening of various Import/Export Transactions for the any Compliance Issues
Coordinating with the Country Compliance for various compliance related issues for all Import/Export related Transactions
Providing Compliance related Training to units on methods of screening transactions before raising it to Compliance
Completed Post Graduate Diploma In Business Mangement (PGDBM) Specialization in Finance Intership with Standard Chartered AMC