RAHUL RAJ K
Bangalore,KA
Summary
Seasoned analyst with 14 years of extensive experience across business analysis, operations, human resource management, and payroll management.
Overview
15
15
years of professional experience
1
1
Certification
Work History
Business Analyst (Manager)
Bank of Baroda
08.2022 - 11.2023
- Spearheaded business analysis and strategic planning for the region, covering 57 branches with a business portfolio of ₹21,000 crore, driving operational efficiency and growth. The region achieved a 38% business growth during this period.
- Implemented performance metrics and target setting frameworks across all branches, enabling consistent performance tracking and goal achievement.
- Provided continuous monitoring, analysis, and guidance to branches, ensuring alignment with regional business targets and addressing gaps in real-time.
- Published daily dashboards highlighting key branch performance metrics, offering actionable insights to facilitate quick decision-making and strategic adjustments.
- Analyzed large datasets to uncover trends, patterns, and actionable insights that supported strategic decisions at the regional office level.
- Conducted GAP analysis across branches to identify areas of improvement and optimize business growth opportunities.
- Developed comprehensive dashboards and business presentations for top executives, delivering meaningful insights and strategic recommendations.
- Collaborated closely with branch managers, financial analysts, and marketing teams to assess potential risks and provide recommendations for optimizing profitability.
- Analyzed customer data to identify behavior patterns and preferences, enabling the development of customer-centric strategies that drove business growth.
Operations Analyst (Manager)
Bank of Baroda
06.2020 - 07.2022
- Led the successful migration of 57 branches from Finacle 7 to Finacle 10, ensuring minimal disruption to operations and strict adherence to project timelines.
- Developed and executed comprehensive migration roadmaps, coordinating with cross-functional teams to guarantee smooth, timely, and efficient execution.
- Provided ongoing operational support to branches, focusing on Advances and Deposits management, account reconciliation during and after the migration process, while also managing audit and tax matters for both the region and individual branches.
- Played a pivotal role in identifying opportunities for branch mergers and relocations, enhancing operational efficiency and improving overall branch performance.
- Conducted User Acceptance Testing (UAT) for new modules in Finacle, offering actionable feedback and recommending system improvements to optimize functionality and user experience.
- Identified and implemented process improvements across branch operations, driving efficiency gains and reducing operational risks.
- Monitored and managed operational risks during the migration and daily branch operations, developing and executing risk mitigation strategies to prevent issues.
- Created detailed performance reports for branch operations, providing insights and strategic recommendations to senior management for informed decision-making.
- Served as a key member of the Credit Committee at the regional office, actively involved in the sanction of high-value loans, ensuring adherence to risk management and credit policies.
- Maintained clear and effective communication with stakeholders, including branch managers and IT teams, to ensure alignment, issue resolution, and successful project outcomes.
HR Analyst (Manager)
Bank of Baroda
06.2018 - 05.2020
- Managed the entire HR cycle, from recruitment to employee exit, ensuring seamless transitions and strict adherence to company policies.
- Aligned HR strategies with organizational goals, fostering a positive and productive work environment across the region to support business objectives.
- Played a key role in the successful integration of HR functions during the merger of three banks, unifying processes and cultures to create a cohesive workforce.
- Executed payroll activities on a monthly and yearly basis, ensuring accurate and timely compensation for all employees while managing tax filing processes and compliance.
- Oversaw income tax deductions, PT deductions, remittance of tax, timely issuance of Form 16 and ensured adherence to tax regulations, maintaining compliance across all HR functions.
- Analyzed HR data to identify trends in employee performance, turnover, and engagement, providing actionable insights to support decision-making and long-term strategic planning.
- Monitored employee performance metrics, providing data-driven analysis to support management in performance reviews, development planning, and succession strategies.
- Ensured compliance with labor laws and regulations by conducting regular audits, updating HR policies as needed, and maintaining a strong focus on risk mitigation.
- Streamlined HR processes, continuously identifying opportunities for improvement in operational efficiency and ensuring alignment with organizational changes and legal requirements.
HRMS/Payroll Analyst (Manager)
Vijaya Bank
04.2011 - 05.2018
- Integral team member in the implementation of the PeopleSoft HRMS package, ensuring seamless integration, optimization, and alignment with the organization's infrastructure and payroll processes.
- Led monthly and yearly payroll processing for over 12,000 employees, ensuring compliance with HCM standards and accuracy in payroll execution.
- Gathered and analyzed requirements from stakeholders, preparing and documenting Business Requirement Documents (BRDs) and Functional Requirement Documents (FRD) to guide system enhancements and ensure alignment with payroll and HR objectives.
- Directed User Acceptance Testing (UAT) for newly developed HRMS modules, ensuring they met all payroll-related business requirements before full-scale deployment.
- Compiled and analyzed payroll data, delivering detailed reports and actionable insights to top management to support strategic decision-making and operational improvements.
- Collaborated with cross-functional teams, including IT, finance, and operations, to gather requirements, design payroll solutions, and provide data-driven insights for informed decision-making.
- Contributed to the successful implementation of a centralized tax payment system, ensuring full compliance with regulatory requirements and improving the overall efficiency of the payroll process.
- Administered the payment of arrears to staff in accordance with industry-level settlements, maintaining accuracy, compliance, and regulatory standards.
- Conducted account reconciliation to ensure the smooth execution of monthly, quarterly, and yearly statutory audits related to payroll and tax compliance.
- Acted as a key advisor on best practices, customization, and optimization of PeopleSoft HRMS systems, enhancing payroll management and system performance.
Relationship Manager
Aegon Religare
08.2008 - 03.2010
- Performed comprehensive financial planning for clients, identifying their financial needs, assessing gaps, and recommending tailored solutions to achieve their long-term goals.
- Managed investment portfolios for high-net-worth individuals (HNWIs), focusing on optimizing returns, diversifying assets, and implementing strategies to mitigate risks.
- Handled the issuance of financial policies, ensuring accuracy, efficiency, and adherence to all internal processes and regulatory standards.
- Maintained strong client relationships by providing regular updates on portfolio performance and offering personalized advice based on changing market conditions and client objectives.
- Ensured that all financial planning and portfolio management activities were fully compliant with regulatory requirements, safeguarding both the clients’ and the organization's interests.
- Collaborated with cross-functional teams to deliver exceptional client service, addressing any concerns or issues promptly and ensuring a seamless client experience.
- Actively monitored market trends and shifts to provide clients with informed advice, helping them navigate changes and optimize their financial strategies.
Education
Post Graduate in Artificial Intelligence & Machine Learning -
Great Lakes, Chennai
06-2020
Post Graduate in Management & Insurance -
Chennai Business School
01.2008
Bachelor in Technology -
Kerala University
03-2007
Skills
- Data Analysis
- Process Optimization
- Decision Making
- User Testing
- SQL
- Agile Methodology
- Project Leadership
- Business intelligence tools
- Machine Learning
- Business process improvement
Certification
- Google Data Analytics Professional
- Agile with Atlassian Jira
- Anti Money Laundering & KYC
- CAIIB
- JAIIB
Accomplishments
- 1st position - Zonal Co-Ordinator in Business Growth 2022-23. Business of the Region grew by 38% during 2022-2023.
- Successfully implemented the HRMS payroll package in the Bank
- Successfully implemented the centralized TDS software Saral TDS in Bank
- Spearheaded the HR integration and software integration on merger of 3 Banks
- Received Best Employee Award for the month twice.
Timeline
Business Analyst (Manager)
Bank of Baroda
08.2022 - 11.2023
Operations Analyst (Manager)
Bank of Baroda
06.2020 - 07.2022
HR Analyst (Manager)
Bank of Baroda
06.2018 - 05.2020
HRMS/Payroll Analyst (Manager)
Vijaya Bank
04.2011 - 05.2018
Relationship Manager
Aegon Religare
08.2008 - 03.2010
Post Graduate in Artificial Intelligence & Machine Learning -
Great Lakes, Chennai
Post Graduate in Management & Insurance -
Chennai Business School
Bachelor in Technology -
Kerala University
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