ANAGHA PARAB
Mumbai
Summary
Dynamic professional with extensive experience at Yes Bank, excelling in NEFT transactions and tax disbursement. Proven track record in operational efficiency and project delivery, having strong analytical skills and effective team leadership. Adapt at reconciling accounts and enhancing processes, driving significant improvements in service delivery and client satisfaction.
Overview
13
13
years of professional experience
Work History
Deputy Manager
Yes Bank
Airoli
07.2022 - Current
- Payments – NEFT
- Working in CMS department – Centralized NEFT TEAM
- Handling all NEFT-related transactions and queries
- Processing NEFT transactions through TPH software
- Tracking emails related to NEFT transactions
- Intimating and circulating details of NEFT transactions received and returned on a daily basis
- Processing Bulk NEFT
- Coordinating with branches for activation in cases of dormancy and memo issues
- Tracking and sending emails to various branches regarding NEFT transactions
- Handling and resolving queries from clients, and branches on a daily basis
- TAX & Disbursement:
- Responsible for coordinating with government agencies, the business team, PAN India branches, and other stakeholders to gather requirements and develop new systems/applications for facilitating tax payments to Yes Bank.
- Successfully integrated CBDT TIN 2.0 via online banking, net banking, and payment gateway through IDBI Bank, as well as GST, EPFO, state tax mandates for Assam, Meghalaya, and other states.
- Leveraged strong analytical skills and hands-on experience in project delivery, playing a key role in testing all operational functionalities.
- Understanding requirement, user stories preparation, document preparation, BRS, test cases preparation and implementation of process and product, Preparing process document and training users
- Testing functional part in UAT/pre-production environment and providing sign off
- Handling live issues post-deployment and monitoring
- Working on automation project to reduce manual work, Improvement of the existing system in alignment with new requirements from RBI for seamless operations
- Authorization of tax files on IDBI CNB portal and processing of RTGS and NEFT for tax payment & State TAX Payment
- Reconciliation of tax GL via EOD & preparation of MIS
- Collaborating with the treasury and RBI for TOC claim
- Checking GL to ensure the balance for the next day is zero and verifying the reconciliation for all 13 Disbursement GLs.
- Preparing daily, monthly, and quarterly Unpaid DD MIS.
- Sharing the daily reconciliation report with the recon team
- Handling liquidation for YBL DD, ensuring all DDs/cheques are dispatched via courier, and verifying received packets
- Processing cancellation requests received from branches, and tallying GL at the end of the day.
- Reviewing cancellation documents upon receipt.
- A leading private-sector bank in India.
Assistant Manager-II
ICICI
New Mumbai
02.2018 - 06.2022
- Handling government business i.e., state tax payments
- Reporting day to day work to RBI
- Coordinating with Treasury, Branches, and Vendors for issues related to Direct Tax payments
- Task assignment to team on a daily basis, handling team effectively
- Carrying out tasks to develop and attain team objectives and teamwork
- Ability to work under pressure in tight deadlines, planning and implementing strategies to increase operational efficiency
- Working on automation project to reduce manual work, prepared process note, job card, BRS, and test cases for automation
- Set up meetings with respective teams and automation team, and took follow-up
- Assisted Senior Leadership in meeting in regards to client requests and expectations
- A major Indian multinational banking and financial services company
Junior Officer
HDFC
Chadivali
07.2013 - 02.2018
- Handling DVU – Documents Verification Unit) A/c Opening, verifying mandatory proofs of clients
- Handling PAN India branches queries related to documentations
- Coordinated with branches for opening new accounts for clients
- Maintained daily MIS reports, generating and submitting them to higher authorities
- Processed customer instruction basis requests like addition of name in savings a/c
- Checked and updated KYC in the system
- Responsible for reconciliation and analysis of reports
- Prepared analysis reports as per findings
- One of the leading banks in India providing a range of financial services
Education
Bachelor's - Banking and Insurance
Mumbai University
Mumbai06.2013
Higher Secondary Certificate -
Maharashtra Board
Mumbai06.2010
Secondary School Certificate -
Maharashtra Board
Mumbai03.2008
Skills
- GST payment
- Reconciliation accounting
- Operational efficiency KYC
- Business development understanding
- Tax disbursement
- Workload management
- Microsoft office expertise
- Mis reporting
- NEFT transactions
- Project delivery
- Team leadership
- Time management
- Decision-making capacity
- Cost analysis and savings
- Cost reduction
- Employee supervision
- Problem-solving
Accomplishments
- Successful Integration Project for CBDT TIN 2.0, GST Payments, EPFO, State tax mandates for Assam, Meghalaya, and other states facilitating online payments through multiple channels.
- Provided ideas for time-saving and process improvement methods, contributing to operational efficiency.
Languages
- English
- Marathi
- Hindi
Timeline
Deputy Manager
Yes Bank
07.2022 - Current
Assistant Manager-II
ICICI
02.2018 - 06.2022
Junior Officer
HDFC
07.2013 - 02.2018
Bachelor's - Banking and Insurance
Mumbai University
Higher Secondary Certificate -
Maharashtra Board
Secondary School Certificate -
Maharashtra Board