Mohit Jain
Navi Mumbai
Summary
AGM with a demonstrated history of working in the Banking Industry. Specialized in Operational Risk Management, Fixed Asset Accounting, RCM, TDS collections and remittances, Vendor Management, Bank Reconciliation and Trouble Shooting. Core Competencies Reverse Charge Mechanism for GST Compliances of taxes TDS, GST, TCS Accounts Payable Operational Risk Management. Root Cause Analysis. Trouble Shooting & System Improvement. Auditing & Provisioning. Fixed Asset Accounting & Management. Credit Management. Data Analysis & Logic Building. Bank Reconciliation Portfolio Management. KYC and Documentation. Process Building & Shop Establishment. MOPs & Standardization. Cost efficient processes with Zero Operational Risk. Growth strategy for successful business Outcomes. Proficiency in Oracle Payable, Finacle, FAMS, OVPP. Productivity Enhancement. Vendor Management.
Overview
21
21
years of professional experience
1
1
Certification
Work History
AGM
IDBI BANK LTD
Mumbai
06.2020 - Current
- Head of Fixed Asset Management Unit & LNEXP Payments, Team leader for Oracle ERP Migration
- Operation Risk Management, SOPs designing for standardization, System Modification & Trouble Shooting, Opportunity of Improvement, Route Cause Analysis, Bank Reconciliation and TDS Remittance, Coordinating with Service Provider (Team Oracle, Finacle, ITD, and Intech), Representing Bank during any audits by RBI/ GOI, Minimizing MOC, Accounts Payable, Operational Excellence, Evaluating employee’s performance and identify training needs, Motivating, Supervising and coaching of staff, Dealings with 2000+ branches, Vendor Management
Manager
IDBI BANK LTD
12.2015 - 05.2020
- Complete accounting of Fixed Assets portfolio, Implementation of GST Act-2017 in Oracle, Coordinating for remittances of various taxes like TDS, GST, Error free processing of various payments, Conducted various audit like RBI, Statutory Auditors, IFCOFR, IAD, Dealings with 2000+ branches for fixed Asset Related queries, Vendor Management
AM
IDBI BANK LTD
11.2009 - 12.2015
- Introducing scan-based account opening, Decentralized the process of Account opening, Dealings with 400+branches for customer grievances, Auditing & QC of KYC, Compliance of AML policy, Document Verification, System modification, Mitigate the operational risk, Solved problematic cases in system, Vendor Management
Assistant Manager
HDFC BANK LTD
12.2007 - 11.2009
- Document verification for Liability Product, Branch Query Resolution, Solving problematic cases in Finware (Bank’s Software), Assisting Unit Head
Officer
ICICI BANK LTD
02.2005 - 12.2007
- Operation part of Retail Asset Product, Decentralized of Various Shops, Successfully handled vendors of in-house storage, Maintains high level of customer service
Executive
Centurion Bank Ltd.
04.2003 - 01.2005
- Customer dealing, Front Desk operations, Local Clearing (Inward & Outward), Locker Management and Fixed Deposit
Education
MBA Finance -
Maharishi Dayanand University Rohtak
01.2010
B. Com -
CCS University Meerut
01.2002
Skills
- Reverse Charge Mechanism for GST
- Compliances of taxes TDS, GST, TCS
- Accounts Payable
- Operational Risk Management
- Root Cause Analysis
- Trouble Shooting & System Improvement
- Auditing & Provisioning
- Fixed Asset Accounting & Management
- Credit Management
- Data Analysis & Logic Building
- Bank Reconciliation
- Portfolio Management
- KYC and Documentation
- Process Building & Shop Establishment
- MOPs & Standardization
- Cost efficient processes with Zero Operational Risk
- Growth strategy for successful business Outcomes
- Proficiency in Oracle Payable, Finacle, FAMS, OVPP
- Productivity Enhancement
- Vendor Management
Certification
- Operation in Foreign Exchange (Indian Institute of Banking)
- Anti-money laundering & KYC (Indian Institute of Banking)
- JAIIB (Indian Institute of Banking)
Timeline
AGM
IDBI BANK LTD
06.2020 - Current
Manager
IDBI BANK LTD
12.2015 - 05.2020
AM
IDBI BANK LTD
11.2009 - 12.2015
Assistant Manager
HDFC BANK LTD
12.2007 - 11.2009
Officer
ICICI BANK LTD
02.2005 - 12.2007
Executive
Centurion Bank Ltd.
04.2003 - 01.2005
MBA Finance -
Maharishi Dayanand University Rohtak
B. Com -
CCS University Meerut
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