VENKATESH SOMISETTY, Branch Manager (Retail Banking Group)

VENKATESH SOMISETTY

Branch Manager (Retail Banking Group)

ICICI BANK LTD

Location
India - Chennai
Education
Bachelor's degree, Bachelor of Business Management (BBM)
Experience
12 years, 8 Months

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Work Experience

Total years of experience :12 years, 8 Months

Branch Manager (Retail Banking Group) at ICICI BANK LTD
  • United Arab Emirates
  • My current job since February 2022

• Administer daily operations of a full-service branch including sales, customer service, and security.
• Drive business growth through development activities and superior customer relations.
• Achieve individual and branch sales goals through new business sales, referrals, and account retention.
• Conduct training and coaching for staf to enhance service culture and motivation.

Assistant Manager (Retail Banking Group) at ICICI BANK LTD
  • India
  • December 2008 to July 2011

Company: HDFC BANK LTD.
Designation: Deputy Manager (Retail Banking Group)
Duration: July '2011 .. Till Date
Duties & Responsibility
Sales
• Penetration of Saving Accounts on non liability customers
• Sales of Asset products-Personal Loan, Home Loan and credit Card, Loan against Property, Auto and Two Wheeler Loans.
• Sales of Third Party products to the customers on Mutual funds/Gold/Insurance
• Ensure that tellers generate a sales reference for all products
Operations
• Online Authorization of Cash/Transfer transactions and issue of Demand Drafts
• Vault Custodian Priority Processing for Preferred clients' transactions
• Monitoring of Dummy Accounts, suspense accounts, deferred accounts, accounts payable/receivable, Reconciliation of maintenance of suspense account registers as per the required format
• Checking of all account opening forms and authorizing the same before it being sent to a processing center by checking for exceptions, ensuring relevant documents required for opening and maintaining customer accounts.
• Process on the forged / Counterfeit note is adhered
• FX transactions, authorization/supervision and reporting
• Error free documentation for all account opening and all customer instructions via: Fixed deposits, Recurring -deposits and Stop payment requests
• Maintaining Instant account opening kits as per laid down process
• Monitor locker allocation and all other related operations
• Authorize all Personal Banker Transactions and ensure that proper process has been followed
• Monitoring branch stationery requirement and ensure the same has been indented on time
• Checking of deliverable tally register
• All death claims to be settled within TAT.


Customer Services
• Lobby Management
Queue Handling
• Ensures quality customer service is delivered
Manage irate customer if required or escalated
• Resolving all complaints received (Branch, Self & from other units) within the stipulated TAT's
• Promoting of all direct banking channels and ensuring that the customer is utilizing the same
• Ensure that all tellers are dressed as per the dress code & grooming standards


Reporting and Maintenance
• Reporting of fortnightly Suspense/Temporary over draft and others on time
• Reporting of all Large Cash Transactions
• Timely reporting of Fx transaction to Trade desk and remittance unit.
• Maintenance of Cash Shortage/Excess register and proper filing of approvals
• Recording and Maintenance of Free Demand Draft register for Preferred customer as per the process
• Recording of Password sharing and timely monitoring of this activity without fail.


Marketing Activities
• Ensure that the branch have sufficient banners, pamphlets as per merchandising manual

Staff Management
• Ensure that all staff are adequately trained on the products of the bank and sales process
• Ensure that all staff are trained on the process the be followed (All new updates shared instantly on the shop floor.
• Monitor Staff productivity and give guidance on improving the same in conjunction with Branch Manager

• Ensure that all Personal Banker' are sent to classroom training on a regular basis


Branch Audit
• Ensuring that branch operations are managed in accordance with bank's laid down compliance and procedures
• Implementation of 5-S in branch and ensure the same is followed by all the branch staff for their respective workstation.
• Ensure Branch lobby notice board and ATM Notice board
Are updated with latest updates issued by the product team.
• Review of BOD and EOD Branch reports and ensure all are filled and labeled as per defined process..
• Conduct Fortnightly Verification of Gold and Silver bars and Physical count of deliverable stock tallies with the register count
.

Company: ICICI BANK LTD

Sales Associate at Transpole Logistics Pvt Ltd
  • India
  • September 2008 to December 2008

Company: Transpole Logistics Pvt Ltd
Designation: Sales Associate
Duration: Sep '2008-Dec '2008
Duties & Responsibility: Generating New AIR and SEA
Shipments for Import and Export orders.

Team Leader (Operations) at Tata Sky
  • India
  • July 2007 to July 2008

Company: Tata Sky (E2E Serwizsol Company Pvt LTD)

Designation: Team Leader (Operations)
Duration: July '2007-July '2008
Duties & Responsibility: Briefing, Escalation, Call Audits, Quality
Calibration with the Client, Solving TSA Queries on
Floor walk, Team meeting, Review meeting with
Managers.

Generating reports-Agent & Circle at MIS and Call Evaluation
  • November 2002 to July 2007

Duration: Nov '2002-July '2007
Duties & Responsibility: Generating reports-Agent & Circle
Trackers related to Productivity, Quality, AHT
And CSAT Metrics, MIS and Call Evaluation
Data.

: Handling Escalation calls.
: Queue Monitoring-Check on Call Volumes
: Shift briefing conducted on a daily basis
: Team Meeting
: Floor Walk- To assist team members and to resolve
Queries.
: Quality Calibration-Motto to bridge the gap between
Operations and Quality team for mutual understanding.

Team Leader (Operations) Nov at Reliance Info Streams Pvt. LTD
  • November 2002 to November 2002

Company: Reliance Info Streams Pvt. LTD.
Designation: Team Leader (Operations) Nov '02

Sales Executive at Touchtel India Pvt. Ltd
  • April 2002 to October 2002

Company: Touchtel India Pvt. Ltd (DSA of Bharti)

Designation: Sales Executive
Duration: Apr '2002-Oct '2002
Duties and Responsibilities: Generation of Leads through contact center
Meeting Retail and Corporate Clients and selling
Fixed & cordless connections

Accounts Assistant at BPS Building Protection System Pvt. Ltd
  • April 2001 to March 2002

Company: BPS Building Protection System Pvt. Ltd
--
Designation: Accounts Assistant

Duration: Apr '2001- Mar '2002)
Duties and Responsibilities: Petty Cash payment to labor on a daily basis
Collecting TDS, Filing IT returns.
Bank Transactions- Cash withdrawal/Deposits

Deputy Manager (Retail Banking Group) at HDFC BANK LTD
  • India
  • to
Deputy Manager (Retail Banking Group) at ICICI BANK LTD
  • India
  • to

Designation: Deputy Manager (Retail Banking Group)
Duration: July '2011 .. Till Date
Duties & Responsibility
Sales
• Penetration of Saving Accounts on non liability customers
• Sales of Asset products-Personal Loan, Home Loan and credit Card, Loan against Property, Auto and Two Wheeler Loans.
• Sales of Third Party products to the customers on Mutual funds/Gold/Insurance
• Ensure that tellers generate a sales reference for all products
Operations
• Online Authorization of Cash/Transfer transactions and issue of Demand Drafts
• Vault Custodian Priority Processing for Preferred clients' transactions
• Monitoring of Dummy Accounts, suspense accounts, deferred accounts, accounts payable/receivable, Reconciliation of maintenance of suspense account registers as per the required format
• Checking of all account opening forms and authorizing the same before it being sent to a processing center by checking for exceptions, ensuring relevant documents required for opening and maintaining customer accounts.
• Process on the forged / Counterfeit note is adhered
• FX transactions, authorization/supervision and reporting
• Error free documentation for all account opening and all customer instructions via: Fixed deposits, Recurring -deposits and Stop payment requests
• Maintaining Instant account opening kits as per laid down process
• Monitor locker allocation and all other related operations
• Authorize all Personal Banker Transactions and ensure that proper process has been followed
• Monitoring branch stationery requirement and ensure the same has been indented on time
• Checking of deliverable tally register
• All death claims to be settled within TAT.


Customer Services
• Lobby Management
Queue Handling
• Ensures quality customer service is delivered
Manage irate customer if required or escalated
• Resolving all complaints received (Branch, Self & from other units) within the stipulated TAT's
• Promoting of all direct banking channels and ensuring that the customer is utilizing the same
• Ensure that all tellers are dressed as per the dress code & grooming standards


Reporting and Maintenance
• Reporting of fortnightly Suspense/Temporary over draft and others on time
• Reporting of all Large Cash Transactions
• Timely reporting of Fx transaction to Trade desk and remittance unit.
• Maintenance of Cash Shortage/Excess register and proper filing of approvals
• Recording and Maintenance of Free Demand Draft register for Preferred customer as per the process
• Recording of Password sharing and timely monitoring of this activity without fail.


Marketing Activities
• Ensure that the branch have sufficient banners, pamphlets as per merchandising manual

Staff Management
• Ensure that all staff are adequately trained on the products of the bank and sales process
• Ensure that all staff are trained on the process the be followed (All new updates shared instantly on the shop floor.
• Monitor Staff productivity and give guidance on improving the same in conjunction with Branch Manager

• Ensure that all Personal Banker' are sent to classroom training on a regular basis


Branch Audit
• Ensuring that branch operations are managed in accordance with bank's laid down compliance and procedures
• Implementation of 5-S in branch and ensure the same is followed by all the branch staff for their respective workstation.
• Ensure Branch lobby notice board and ATM Notice board
Are updated with latest updates issued by the product team.
• Review of BOD and EOD Branch reports and ensure all are filled and labeled as per defined process..
• Conduct Fortnightly Verification of Gold and Silver bars and Physical count of deliverable stock tallies with the register count
.

Assistant Manager (Retail Banking Group) at Transpole Logistics Pvt Ltd
  • India
  • to

Designation: Assistant Manager (Retail Banking Group)

Duration: Dec 2008 . July 2011
Duties & Responsibility: Handling Portfolio/Managed clients
: Processing Trade & Remittances
: Accepting Client's Demat requests and solving their complaints.
: Out-calling all Managed Accounts Customers
Inquiring about pending service related issues,
Pitching for investments and Cross selling
Group products of ICICI Prudential and
ICICI Lombard.
: Cash receipts and Payments Verification

: Check and Demand Drafts Verification

: Demand Draft Issue and Cancellations
: Accepting Term Deposits and Recurring
Deposits.
: Verification of RTGS and NEFT Transactions
: Sourcing Savings, Current and Trade Accounts

: Accepting a Customer's request related to
Address Change, Mobile and Email Registration
: Handled Foreign Currency Check processing
For USD, SGD, AUD, EUR, CAD, JPY, CHF
And GBP.

Education

Bachelor's degree, Bachelor of Business Management (BBM)
  • at Bangalore University
  • April 2001
Bachelor's degree, MANAGEMENT
  • at K P HR INSTITUTE OF MANAGEMENT STUIDES
  • January 2001

B.B.M 3RD 2000-2001 BANGALORE 59.40% APPLICATION'S PROFICIENCY: FINNACLE, FLEXCUBE, IRMS, METAGRID, FINAWARE, HOST, SWIFT, CLARIFY, SIEBEL, STIR, FX Online, SMSA, TRADE FCRM, MS-Office & TALLY..

Diploma,
  • January 2000

B.B.M 2ND 1999-2000 BANGALORE 62.20%

High school or equivalent,
  • January 1996

EXAMINATION YEAR BOARD/UNIVERSITY PERCENTAGE S.S.L.C 1995-1996 K.S.E.E.B 59.20% P.U.C 2ND 1997-1998 BANGALORE 59.80%

Specialties & Skills

Languages

Hindi
Intermediate
Telugu
Expert
Tamil
Intermediate
English
Expert
Kannada
Expert

Hobbies

  • Watching TV. Going Gym, Surfing and Reading Newspaper
    I wish to share my experience related to Body Building, Every since I though I put weight and need to reduce it immediately, I started going GYM, The initial days were extremely painful. I had to undergo lot of stress and put more efforts to perform the exercise taught by instructor. The regular food diet and regular gym help me to reduce obesity and made me to rejuvenate.