KRISHNAKANTH VAKKALAGADDA
Hyderabad
Summary
Product Sales Manager with extensive experience at Yes Bank Ltd, specializing in cash management and trade finance solutions. Demonstrated expertise in API banking integration and client retention, achieving recognition through multiple awards. Proven ability to drive Forex income and improve operational efficiency via strategic initiatives and training programs.
Overview
13
13
years of professional experience
Work History
Product Sales Manager - Cash Management Services
Yes Bank Ltd
Hyderabad
10.2022 - Current
- Driving Cash Management Services (CMS) product penetration across multiple channels — Branch Banking, Sales Teams, MSMEs, Mid-Corporate, Wealth, and TASC clients — while managing major clusters, including SME branches in Hyderabad.
- Led end-to-end implementation of advanced CMS solutions — H2H, API Banking, UPI, BBPS, eNach, and Connected Banking — enabling faster transaction processing, enhanced client experience, and improved operational efficiency.
- Facilitated business segment contests aimed at achieving specific financial targets.
- Facilitated regular training sessions on CMS products enhancing initial client engagement processes.
- Proactively targeted NTB clients, attended marketing events, and collaborated with esteemed incubators like HYSEA and CII to stimulate business growth.
- Engaged with business segments for routine evaluations, advancing improvements in CMS throughput, AMB growth, and fee income.
- Acknowledged for outstanding performance with elevation to Assistant Vice President (FY 21–22), receipt of multiple awards in FY 22–23 & FY 23–24, and attaining 7th rank Pan-India in Goasheet Achievement (FY 24–25).
Product Sales Manager - Trade Finance & Forex
Yes Bank Ltd
Bangalore
08.2019 - 10.2022
- Managed TFx business across major clusters in Bangalore and Mangalore, driving Forex income through Branch Banking, Sales, Corporate Salary, SME, Mid-Corporate, NR, Priority Banking, Wealth, and TASC segments.
- Structured and executed complex transactions, including FDI, ODI, and FCTRS, while developing SBLC and collateral-backed funding solutions aligned with client business cycles.
- Delivered targeted product offerings such as Forward Contracts, LCBD, Export & Import Financing, and Capital Account Transactions.
- Planned and executed FX-focused activities and contests to meet local and regional budget goals.
- Conducted regular TFx product training for cross-channel and cross-segment teams.
- Recognized for outstanding performance — Top 3rd PSM Pan-India (Sep 2020) and Top 2nd PSM Pan-India (Jan 2020).
Product Sales Manager - Trade Finance & Forex
Kotak Mahindra Bank Ltd
Bangalore
10.2015 - 07.2019
- Managed major cluster in Bangalore, overseeing Karnataka1 Region and additional branches.
- Drove Forex income through Branch, Sales, Corporate Salary, Working Capital, NR, Priority Banking, Wealth, and TASC channels.
- Focused on product-specific initiatives including Forward Contract, LCBD, and Export Financing.
- Organized activities and contests for relationship managers to meet Forex budget targets.
- Conducted TFx product training across multiple channels and business segments.
- Identified and engaged in marketing events to boost visibility and engagement.
- Facilitated regular reviews with business segments to enhance Forex income strategies.
Service Manager - Business Banking (Trade, Forex & FES)
Deutsche Bank AG
Bangalore
10.2014 - 10.2015
- Highlighted proficiency in Trade Operations, integrating Letters of Credit and Bank Guarantees, Buyers Credit, Foreign Outward/Inward Payments, Advance & Direct Import Payments, Export Collections, and GR Waivers.
- Managed comprehensive branch operations in Foreign Exchange, improving account opening and query resolution.
- Conducted daily audits to ensure adherence to regulatory standards and defined procedures.
- Resolved escalations through root cause analysis, enhancing staff awareness to prevent future issues.
Trade Desk Officer
ICICI BANK
Bangalore
05.2012 - 10.2014
- Demonstrated in-depth knowledge of trade and foreign exchange processes, specializing in current account servicing.
- Proficient in systems including FCRM (client request and complaint tracking), SWIFT, IGRS (inward global remittances), FX Online (treasury deal booking and settlement), Omni-Flows (trade and forex requests), and I Sense (HNI relationship platform).
- Skilled in account transfers, NEFT, and RTGS transactions, with experience in SOX compliance and Quality Management System activities.
- Achievements: Awarded Star of South – Best TDO (FY 2013–14); Emerging Star of South (Sep 2013 and Jan 2014); Best Value Banker (May 2014 and June 2014).
Education
PGDBO -
Institute of Finance, Banking and Insurance
B.Tech - Computer Science
St. Mary's College of Engineering & Technology
01.2011
Intermediate -
Narayana Junior College
Hyderabad01.2007
SSC -
Bhashyam Public School
Hyderabad01.2005
Skills
- Cash management
- API banking integration
- Trade finance solutions
- Forex transactions
- Client retention and engagement
- Operations management
- Customer relationship management
Languages
- English
- Hindi
- Telugu
- Kannada
Personal Information
- Date of Birth: 08/23/89
- Marital Status: Married
Location Preference - City
Hyderabad
Disclaimer
All the information given above is true to the best of my knowledge.
Timeline
Product Sales Manager - Cash Management Services
Yes Bank Ltd
10.2022 - Current
Product Sales Manager - Trade Finance & Forex
Yes Bank Ltd
08.2019 - 10.2022
Product Sales Manager - Trade Finance & Forex
Kotak Mahindra Bank Ltd
10.2015 - 07.2019
Service Manager - Business Banking (Trade, Forex & FES)
Deutsche Bank AG
10.2014 - 10.2015
Trade Desk Officer
ICICI BANK
05.2012 - 10.2014
PGDBO -
Institute of Finance, Banking and Insurance
B.Tech - Computer Science
St. Mary's College of Engineering & Technology
Intermediate -
Narayana Junior College
SSC -
Bhashyam Public School