Summary
Overview
Work History
Education
Skills
Certification
Timeline
Generic
ARUN KUMAR ASHOK

ARUN KUMAR ASHOK

Bank Manager
Chennai

Summary

Experienced Interbank Dealer with a robust background in managing foreign exchange and derivative products, proprietary trading, and treasury operations within the banking sector. Demonstrated expertise in achieving revenue targets, managing client relationships, and ensuring compliance with financial policies and procedures. Proven ability to handle complex transactions, optimize liquidity, and deliver exceptional results under tight deadlines. Strong interpersonal communication, problem-solving, and time management skills, with a track record of successful team leadership and staff training. Adept at balancing multiple priorities and adapting to dynamic market conditions. Seeking to leverage my skills and experience in a challenging full-time role that fosters professional growth and development.

Overview

5
5
years of professional experience
6
6
years of post-secondary education
1
1
Certification
4
4
Languages

Work History

INTERBANK DEALER-INDIAN OVERSEAS BANK

INDIAN OVERSEAS BANK
07.2020 - Current
  • Propriety trading based on directional view about a currency depending on interest rate change, major policy move etc
  • USD/INR spot trading
  • Prepare treasury activity reports and submit the same to GM(Treasury) and MD& CEO
  • Undertake currency swaps for gaining arbitrage and trading
  • Covering corporate desk positions in the market
  • Deploy excess liquidity in swaps and deposits
  • Make sure that the overnight limits, daylight limits, per dealer limits etc are adhered to as per the bank policy
  • Also got promoted to Middle management grade Scale 2 Manager from October 2020.
  • Collaborated with management to develop strategies for optimizing dealer performance and improving overall operational efficiency
  • Was responsible for NOSTRO accounts reconciliation
  • Managed Inward remittance section for 8 months

ASSISTANT MANAGER - INDIAN OVERSEAS BANK

INDIAN OVERSEAS BANK
5 2014 - 6 2024
  • Responsible for the daily operation of the branch, including the ordering of supplies and the maintenance of the branch's budget
  • Supervised and trained the teller staff to perform transactions and ensure that all policies and procedures are followed
  • Responsible for balancing and proving the vault
  • Managed the teller difference and ensured that all tellers were aware of the policies and procedures of the bank
  • This included the review of the vault and ATM
  • Maintained the vault and ATM, and ensured that all cash drawers were balanced
  • Performed daily balancing of the teller drawer
  • Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter
  • Examine, evaluate, or process loan applications was also part of my responsibilities.

MERCHANT DEALER-INDIAN OVERSEAS BANK

INDIAN OVERSEAS BANK
07.2019 - 06.2020
  • I was responsible for the Treasury Product offering across FX and Derivative products to defined customers of the Bank and specifically manage my clients hedging requirements
  • Achieve the budgeted Revenue and Volume target at the customer and segment level for the customers allocated
  • Maximize revenue for the desk while handling all non-allocated customers
  • Increase Trade and FX wallet share of the customers
  • Grow derivative business in the given set of customers
  • Direct coverage of customers more at the operating level of the customer
  • Hedging of all positions arising out of the transactions covered
  • Ensure fulfillment of all transactions in the given TAT, with zero error, while adhering to the process and policies of the Bank
  • Managing the funding requirements of the banks NOSTRO accounts making sure that the stipulated balances are maintained and sufficient funds are available to cover the interbank and merchant desk day to day operations while ensuring that surplus funds are deployed in a cost effective manner either through swaps or placing deposits with overseas banks or our overseas branches.

Education

Bachelor of Engineering Technology - Electrical Engineering

KVG College of Engineering - Karnataka
06.2006 - 05.2012

Skills

Dealer training

Interpersonal Communication

Attention to Detail

Flexible and Adaptable

Good Telephone Etiquette

Very Good

Very Good

Very Good

Excellent

Excellent

Certification

04/01/20, NISM Certified Dealer

Timeline

INTERBANK DEALER-INDIAN OVERSEAS BANK

INDIAN OVERSEAS BANK
07.2020 - Current

MERCHANT DEALER-INDIAN OVERSEAS BANK

INDIAN OVERSEAS BANK
07.2019 - 06.2020

Bachelor of Engineering Technology - Electrical Engineering

KVG College of Engineering - Karnataka
06.2006 - 05.2012

ASSISTANT MANAGER - INDIAN OVERSEAS BANK

INDIAN OVERSEAS BANK
5 2014 - 6 2024
ARUN KUMAR ASHOKBank Manager