Munish Sachdeva
Kolkata
Summary
Dynamic professional with extensive experience at Bandhan Bank, excelling in regulatory compliance and process design. Proven track record in project management and credit monitoring, driving operational efficiency and automation initiatives. Skilled in Python and team building, I thrive on delivering impactful solutions that enhance compliance and reporting standards.
Overview
25
25
years of professional experience
1
1
Certification
Work History
Head Process Compliance and Operation Solutions
Bandhan Bank
Kolkata
02.2024 - Current
- Responsible for compliance, governance, Priority Sector monitoring and Reporting of Bank, Regulatory reporting for Corporate Banking portfolio of Bank, and Supervise Centralized Agri Operations, Credit Monitoring, designing of processes, SOP, framework etc
- Building team for Regulatory Reporting, PSL Monitoring and reporting, IT projects implementation, Credit monitoring and Agri Operations
- Review and regularly update policies and procedures in view of new regulations including SOP, framework and manuals
- Setting up a processes to manage regulatory and monitoring compliance obligations and mitigate risk
- In charge to represent in Top Management meetings /governance meetings related to Priority sector reporting, regulatory compliance and reporting (viz CRAR, CRILC, RDB, RBS, CME and others)
- Visualize IT project Document (BRD), drive for automation (possess knowledge of Python, VB, SQL etc) and liaison with IT dept for fast production deployment
- Coordinate with business on the outstanding responses and queries highlighted by RBI inspection officials
- Improvise the Operational processes, update Operation Manual of Corporate Banking, prepare Change notes for the implementation of new guidelines issued by Regulator
- Prepare with help of team SOP, Process flow chart, Framework, and submit for approval from Committee
- Present the documents/PPTs for COO/CRMC/ACB meetings
- Managed the development, implementation, execution and monitoring of the Process Compliance Testing
- Supervise the UATS of new product launches of Agri Business- prepare internal notes for adherence by Operating Units to meet compliance of Product level and regulatory guidelines
- Supervise the correct and timely reporting submission to Regulator
- Attend/monitor the progress upon Internal/External/Statutory auditor’s comments and replies/compliance
- Help CBO Head in all matters of Corporate Banking operations being senior member of the vertical
- Designed and Started Process & compliance Audit
- Designed Productivity sheet, monitoring matrix, automatic report upon individual/unit level KRA achievement
- Working on several projects for achievement of Automation of approx 70 reporting, documentation, creation of various fields in CBS of Bank, population of data either from backend or frontend
- Provide all Solutions to operating units which occur day to day matters by guiding in line with Board approved processes/regulatory guidelines
Regional Business Development Manager
SVC Bank
05.2023 - 01.2024
- Responsible Regional level Business Development, Achievement of segment wise Targets, strict control over branches for Business, Credit Delivery and Maintenance activities; Credit Score improvement etc
- Business Development-Sourcing of advances through branch network, open field, marketing agencies, Channel of companies auditors and references
- Deepening of relationships of existing client base, taking inputs for their future needs
- Credit Appraisal- With team of credit analyst, assess the eligibility of finance, security cover, risk and suggest suitable product to meet customer’s requirement
- Presentation- of Credit notes for sanction to various committees as per DOP
- Post sanction – Ensure the disbursement happen at fast pace, documentation is done in presence of Bank officials to have enforceability
- Simultaneously ensure book size is intact and is deepened
- Monitor the covenants and auditor’s comments
- Company financials are achieved as per projections – suitable measures taken in averse scenarios
- Ensure that branches respond to the audit observations, attend the deliverables within TAT and develop good rapo with the Corporates
- Closure of All monitoring Activities and responsiveness within Timelines; Process adherence and improvement; Idea Generation; UAT of new IT initiatives; Staffing, Training and Development
Credit Admin Head and Zonal Team Lead- Corporate Banking Operations
Axis Bank Ltd
12.2009 - 05.2023
- Zonal Level Controlling officer for all Monitoring and regulatory compliance for Corporate accounts
- Instrumental in processes improvements, feedback, digital changes implementation, new idea generation for process development, regulatory compliance and effective monitoring
- Guiding Corporate Banking operations at North Zone for handling difficult scenarios related to KYC, AML, PSL, MSME subsidy, NPA handling, repayment schedule modification, stress accounts OTS, transaction monitoring etc
- Manage Team effectively for delivery in Strict TAT by way of Documentation, Disbursement, Post disbursement services for the accounts of Corporates Clients relationships of Mid Corporate/Large Corporate/Infra Business, Agri Corporate, SME, Channel Finance/Inventory Funding of approx 2100 borrowers having fund based exposure of Rs 22000 Cr
- Strategize the timely Security Creation (Sole, multiple and consortium banking-equitable mortgage, registered mortgage, hypothecation, pledge of shares, lien etc)
- Reporting of affairs which cause delay in Security creation, control all aspects in order to speed up creation of Security
- Post disbursement account monitoring, ensuring end use of funds, Inspections of units/collaterals, revaluation of assets, obtention of due diligence reports, Beneficial ownership undertaking, LEI and daily operation handling
- Handling stress accounts, SMA and supporting in NPA
- Laisioning with various stakeholders of Bank in NPA recoveries/suit filing with DRT/claim filing with CGTMSE, NCGTC, ECGC etc
- Follow up for submission of various statements –stock statements, financial follow up reports, End use of funds, various certificates as required by Bank’s/RBI guidelines from time to time, obtention of balance sheets and insurance of assets charged, updation in Finacle and maintenance of records
- Handling RBI audit reports, concurrent audits and annual credit audits, Sox audits, Process Audits, rectification of irregularities and ensuring closure of report
- Handle all issue of Team (Team Size 20 to 30)
- Educating, training, driving and motivating team for better performance
- Handling of escalations of business dept
- Conducting Huddles, Meeting with Business Depts, Big corporate
- Key person for presentation to Vertical Heads, in Webex, Once presented even to MD of Bank in review meet
- Handle all matters, escalations, customer complaints and key person to deal with Central office
BOM (In-Charge of Hub) in Business Banking Operations
HDFC Bank
Surat
08.2007 - 12.2009
- Managing the Branch operations with Team of 2-3 as team leader in Delhi and as BOM at Surat and reporting to Area/Regional Operation Head with efficiency ratio of more than 200%
- Loan documentation of Loan Against Property (LAP), Loan against Rent receivables (LARR), Dropline Overdraft facility, Mortgage Agri Credit – Overdraft, SME Working Capital products- Cash credit, Overdraft, Bank Guarantee, Foreign Line of credit, Foreign and domestic Bill Discounting (FBD/FBN), Term Loan and various other kind of loan against cash collaterals, shares, commercial vehicles etc
- The disbursement memo preparation and sending for limit setting/issuance of Pay orders/Credit of limits in accounts as per the terms and conditions of the sanction memo and after the documents are taken on record as per pre disbursement conditions
- The file such received is thoroughly scanned for pending documents and are taken for disbursement to happen, execution of loan documents and for equitable mortgage/registered mortgage
- Providing the pay orders of disbursements
- The upkeep of the records pertaining to disbursements
- The charge of custody of title deeds of the borrowers
- Reporting to the Central Office for the Branch MIS, securities vault, turn around time MIS etc
- Laisioning with the Credit buyers, sales teams, Collection teams, trade finance, Central processing units, and agencies like Panel Advocates, Valuers and attending customers
- Responsible for smoother and righteous policy driven disbursement process and safeguarding Bank’s interest
- Attending the Various Audits and rectifying any irregularity pointed out
- Instrumental in rectification cum disbursement and renewals of eCBOP and eLKB SME loans portfolio
Manager- Marketing
Dena Bank
Mumbai
12.2006 - 07.2007
- Marketing of Housing loan products/schemes, Education loans, Consumer loans, Trade Finance, Other assets and Liabilities Products, IT Products, Banc assurance, Mutual Funds and General Banking Products and Services
- Close coordination between 7 (seven) value-centric branches of Bank in Mumbai Suburbs and region office for meeting the targets and reporting of targets achieved for various products
- Development of selling culture among branch staff of mapped branches
- Conducting Camp for Account opening
- Mutual Funds training to branches and Selling to Clients and meeting Targets
- LIC, OIC Selling to Clients of 7 branches, and meeting Targets
- Delivering presentation to HNIs, corporate clients and prospects for various schemes of Bank
- Assisted the base Branch as operational head
- Procured business for CPC and branches
Asst. Manager (Scale I)
Bank of Baroda
Noida
08.2002 - 12.2006
- Business Development of Area Office, making cold sales calls, attending Walk ins
- Processing, Evaluating Housing loan applications
- Pre sanction appraisal, Site verification, Collection and Scrutiny of credit information
- Sanction, Loan documentation and Mortgage creation
- Disbursement and record keeping
- Rectification of the irregularities as pointed by inspection and audit teams
- Liasioning with external agencies-Panel Advocates, Valuers, Architects, financial consultants
- Collection of EMI and other proceeds, Maintenance of MIS reports and report submission
- Updation of branch records and proofs
- Active involvement in recovery through SARFEASI ACT 2002 of stressed and NPA
Sales Executive and Brand Manager
Unichem Laboratories Ltd.
12.1999 - 05.2001
- To market women centric drugs among medical fraternity, retailers
- To develop the business by raising sale volumes through retailers, stockiest, distributors etc
- To build brands through promotion by sales calls, arranging multi-media marketing activities and event (doctors meet, panel discussions, expert lectures, product launches) etc
Education
Masters in Business Administration - Marketing and Finance
Institute of Management Studies and Research
Rohtak, Haryana01.1999
Bachelors in Science - Physics, Chemistry and Maths
Kurukshetra University
Kurukshetra, Haryana01.1997
Senior Secondary School Education - Physics, Chemistry and Maths, Hindi and English
Board of School Education, Haryana
Panipat01.1994
CAIIB -
Indian Institute of Bankers
Management Development Programme - Fintech
Indian Institute of Management (IIM) Kozhikode
Skills
- Regulatory compliance
- Process design
- Data analysis
- Project management
- Credit monitoring
- Risk assessment
- Financial reporting
- Operational efficiency
- Training development
- Presentation skills
- Automation implementation
- SOP creation
- Customer relations
- Python, VB, R, SQL Excel Proficiency
- Policy writing
- Team building
- Client relationship management
Certification
- CAIIB from Indian Institute of Bankers
- Professional Certificate in Fintech from IIM Kozhikode
- Certificate in Introduction to Business analytics from Coursera
- Certificate in Giving Helpful Feedback from Coursera
- Certificate in Leadership in Action (Advance) from Emeritus Institute of Management
- Certificate from Axis Bank HR for leading with Excellence
Technological Skills
- Banking OS viz. Flexcube, Finware, UBS, Finacle, Lasersoft, Loan Serving System(LSS), LOS, CPS, Eforms, Workfusion, ODP, Shock & Awe
- Excellence in MS Excel, Excel Automation through Macro, Visual Basic
- Learning Python Programming language
Current Residence
Flat no 3D, Tower 3, Rosedale Garden Complex, Kolkata, West Bengal, 700156
Permanent Residence1
Flat no 806, Pavillion Courts 3, Jaypee Wish Town, Sector 128, Noida, Uttar Pradesh, 201304
Permanent Residence2
H. No. 955, New Housing Board Colony, Panipat, Haryana, 132103
Hobbies and Interests
- Playing Chess
- Rubik
- Photo editing
- Programming
- Making productivity tools
Projects
Summer training at Vodafone (then Essar Cellphone) in Haryana circle., Airtime Usage Patterns, To increase the airtime usage.
New Ambition
Vertical Head of Compliance/Regulatory Reporting functions of Bank
Personal Information
- Mother's Name: Homemaker
- Date of Birth: 10/05/77
- Gender: Male
Affiliations
- Ø Vodafone (then Essar Cellphone) in Haryana circle. Project “Airtime Usage Patterns” with Objective of “To increase the airtime usage”. Got Distinction in University on Report
ü During School- Won and participated in science quizzes,
ü During College -Won quiz contests, inter-zonal quiz contest, management activities (extempore, quizzes, dumb charade, ad-cum-poster exhibition), fashion shows and chess championships.
ü Participated during 1998 in Amatuer Mr Rohtak Contest, fashion Show
ü Active Blood Donor
ü Write Blog/Deliver Extempore
Languages
Hindi
First Language
English
Advanced (C1)
C1
Bengali
Beginner
A1
Gujarati
Upper Intermediate (B2)
B2
Marathi
Beginner
A1
References
References available upon request.
Timeline
Head Process Compliance and Operation Solutions
Bandhan Bank
02.2024 - Current
Regional Business Development Manager
SVC Bank
05.2023 - 01.2024
Credit Admin Head and Zonal Team Lead- Corporate Banking Operations
Axis Bank Ltd
12.2009 - 05.2023
BOM (In-Charge of Hub) in Business Banking Operations
HDFC Bank
08.2007 - 12.2009
Manager- Marketing
Dena Bank
12.2006 - 07.2007
Asst. Manager (Scale I)
Bank of Baroda
08.2002 - 12.2006
Sales Executive and Brand Manager
Unichem Laboratories Ltd.
12.1999 - 05.2001
Masters in Business Administration - Marketing and Finance
Institute of Management Studies and Research
Bachelors in Science - Physics, Chemistry and Maths
Kurukshetra University
Senior Secondary School Education - Physics, Chemistry and Maths, Hindi and English
Board of School Education, Haryana
CAIIB -
Indian Institute of Bankers
Management Development Programme - Fintech
Indian Institute of Management (IIM) Kozhikode
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