Summary
Overview
Work History
Education
Skills
Personal Information
Timeline
Generic
Karun Alex Ummacheril

Karun Alex Ummacheril

Kerala

Summary

A multi-faceted senior professional offering over 20 years of total experience in diverse areas of Finance, Customer Service, Recruitment, HR administration and Operations in India and Middle East.

Overview

17
17
years of professional experience
5
5
years of post-secondary education
5
5
Languages

Work History

Labour Officer - HR Department

Al Shafar General Contracting LLC (ASGC)
2007.09 - 2008.12
  • Interfacing with Recruitment Agencies for hiring employees and allocating them to different departments/ projects as per project or organisational requirements of company
  • Handling responsibilities in areas of Employee/ Labour Maintenance, Compensation Management, Competency Management, Performance Management, Leave Management, Fleet Management, Visa Administration and Accommodation Management
  • Maintaining coordination with PRO, IT & Accounts Departments, different levels of Site Managers as well as Project Secretaries
  • Reviewing salary recommendations and administering repatriation processes.

(Played a key role in the establishment of sub-department of HR, Labour Department that helped ASGC to acquire the recognition of being one amongst the few companies in UAE to have this department.

· Increased labour productivity and reduced absenteeism percentage from 15% to below 2%)

Financial Advisor

Metlife India Insurance Co.
2019.06 - Current
  • Worked closely with insurance providers to assess suitable coverage options tailored to individual client requirements for risk management purposes.
  • Developed comprehensive financial plans for clients to achieve short-term and long-term goals.
  • Built strong relationships with clients, fostering trust and loyalty in managing their financial portfolios.
  • Mentored junior advisors, sharing knowledge, expertise, and best practices to enhance team performance.
  • Managed risk effectively through careful analysis of clients'' needs and portfolio diversification strategies.
  • Provided comprehensive retirement planning services, ensuring clients maintain their desired lifestyle post retirement.

Senior Officer

National Bank Of Kuwait, Kuwait
2013.09 - 2019.03
  • Heading a team of 10 Wire Transfer Officers and supervising wire transfer activity including incoming or outgoing domestic and international wire transfers
  • Managing completion of necessary accounting documents for all transfers and ensuring compliance with federal, state, and local regulations
  • Driving the metrics of team members, supervising & allocating daily tasks and ensuring timely completion of project/department milestones/goals while ensuring adherence to approved budgets
  • Assessing risks and devising risk mitigation strategies; supervising the risk of releasing unauthorized transactions by following strict guidelines
  • Generating monthly performance reports, dashboards and sending updates on process performance to management
  • Scrutinizing existing organizational processes and working towards improving quality, productivity & efficiency
  • Planning operational activities related to business - forecasting of volumes, FTE availability vs
  • Gaps, productivity requirement etc., for seamless service delivery
  • Executing review unit wise SLA compliance on critical parameters such as accuracy, timeliness, Nostro Ageing items, general ledger / suspense open items and operational losses
  • Liaising with client on a regular basis and address issues /open action items and other client requirements
  • Prepared the Business Requirement Document (BRD), Test Cases and tested all the functionalities of MTS application related to the process
  • Managed day-to-day operational risk management activities such as risk and controls assessments, incident capture and analysis, and scenario analysis and planning
  • Introduced maker and checker control (manual) in process activities where there is no systemic control.

Branch Head

UAE Exchange Center WLL, Kuwait
2009.05 - 2013.09
  • Spearheading day to day operations in the branch and maintaining profitability of business
  • Rendering timely & quality service to customers
  • Formulating & effectuating operational strategies, with the aim of driving profitability in the branch, achievement of targets and attaining high efficiency levels
  • Handling the preparation of reports; submitting to Operations Manager
  • Preparing expense budget, implementing budgetary controls and ensuring all expenses are curtailed as per budgetary norms
  • Reviewing daily activity reports and evaluating branch performance vis-à-vis branch targets
  • Implementing and complying with all safety & control measures pertaining to business.

Education

MBA -

Mahatma Gandhi University
Kerala, India
2006.04 - 2008.04

Bachelor of Bank Management (BBM) - Banking

University of Madras
Chennai, India
1995.04 - 1998.04

Skills

  • Precision Focussed

  • Zealous, Adept

  • Proactive, Ambitious

  • Articulate, Solution Oriented

  • Analytical thinker

Personal Information

Date of Birth: 09/10/1976

Timeline

Financial Advisor

Metlife India Insurance Co.
2019.06 - Current

Senior Officer

National Bank Of Kuwait, Kuwait
2013.09 - 2019.03

Branch Head

UAE Exchange Center WLL, Kuwait
2009.05 - 2013.09

Labour Officer - HR Department

Al Shafar General Contracting LLC (ASGC)
2007.09 - 2008.12

MBA -

Mahatma Gandhi University
2006.04 - 2008.04

Bachelor of Bank Management (BBM) - Banking

University of Madras
1995.04 - 1998.04
Karun Alex Ummacheril