Summary
Overview
Work History
Education
Skills
Key Result Areas
Workshops And Trainings
Professional Highlights
Timeline
Generic

Sachin Singh

Banker
Mumbai,MH

Summary

Results-driven Senior Operations Leader with over 22 years of expertise in Banking Operations, Process Management, and Risk Mitigation. Proven success in implementing policies to reduce costs through strategic resource utilization and constant process innovation via new technologies. Adept at ensuring compliance with Banking Policies and RBI Guidelines and managing large-scale, high-impact projects, including a platform migration that yielded INR 30 million in savings.

Overview

24
24
years of professional experience

Work History

Head - Enterprise Clearing and Toll & Transit Operations

IDFC FIRST Bank
08.2023 - Current

Head - Enterprise Clearing

IDFC FIRST Bank
03.2020 - 07.2023

Head - FinOps (Consumer & Institutional Ops)

InstaReM India Pvt Ltd.
06.2019 - 11.2019

Vice President (Head - Remittances, Asia Regional Processing Centre)

BNP Paribas India Solutions Pvt Ltd.
03.2018 - 09.2018

CIB - Operations Manager - Vice President (Liquidity Operations, EMEA Lead and CIB Operations)

J P Morgan Services India Pvt Ltd.
03.2017 - 03.2018

Associate Director II, CMS Operations Lead, Wholesale Operations

IDFC Bank Ltd.
06.2015 - 03.2017

Associate Director I, Wholesale Operations

IDFC Bank Ltd.
11.2014 - 05.2015

Associate, Global Cash Operations

Deutsche Bank AG
08.2012 - 10.2014

Branch Operations & Service Manager

Deutsche Bank AG
04.2011 - 08.2012

Senior Manager - NPC Remittances

Deutsche Bank AG
04.2009 - 04.2011

Manager - Regional Processing Centre, Liability Operations

Deutsche Bank AG
05.2006 - 04.2009

Team Leader - Clearing Operations

ABN AMRO Bank NV
11.2005 - 05.2006

Team Leader - Cash & Remittances

ABN AMRO Bank NV
02.2004 - 11.2005

Officer - Cash & Remittances

ABN AMRO Bank NV
02.2002 - 02.2004

International Customer Relations Executive

Vishnu Solutions Pvt Ltd.
07.2001 - 02.2002

Education

Leadership Stack Programme -

Indian School of Business
10.2023

Executive Programme - Fintech, Banking & Applied Risk Management

IIM
03.2022

B.Sc. - Physics

St. Xavier's College
01.2000

Skills

Banking Operations

Key Result Areas

Spearheaded operations for a leading Toll and Transit business, managing an average daily throughput of INR 1.6 billion across 8.5 million transactions, Standardized processing across sites, setting up new collections and receivables units, Reviewed product notes and SOP for Cheque Collection, Cash Collection & Delivery, PDC & PSBC Management, Liquidity Management, RTGS, NEFT, NACH and ECS products, Ensured gatekeeping for CASA and DEMAT account openings, insurance, and investment business, Facilitated cash management solutions for corporate customers across India by negotiating with different service partners and partner banks, Created and delivered differentiated Clearing Operating model by deploying Industry FIRST Cheque automation initiatives like CTS-CMS integration, and Mobile Cheque Scanning for Retail branches, Enhanced efficiency and control through robotics, cheque automation, and systems enhancements, Initiated the automation of Electronic Clearing Services activity at the National Processing Centre, Created differentiated environment for delivering new age banking by finalizing the processing systems and ancillary systems, Identified potential risk areas and implemented mitigating solutions, ensuring risk acceptance was approved by the business, Detected fraudulent cheque encashment, preventing potential financial and reputational losses, Administered Static Data, Core Operations and Client Experience teams across Mumbai, New Delhi, Chennai, and Manila, Engaged stakeholders from Product, Risk, Governance, and Compliance to finalize SLAs and periodic checks, Engaged internal and external stakeholders to drive successful transformation across CTS, NACH, and Toll & Transit products

Workshops And Trainings

  • Completed trainings on Basics of Banking and Swift messaging service with Deutsche Bank, Mumbai
  • Completed workshops on Risk and Product at J P Morgan
  • Completed workshops on Leading Teams at Deutsche Bank, Mumbai
  • Completed workshops on Genetic AI
  • Completed Leadership 'Samvaad' sessions on Clearing and Toll & Transit Operations

Professional Highlights

  • Spearheaded the implementation of Continuous Clearing at 1000+ branches at IDFC FIRST Bank, aligning with the RBI Payment Vision 2025
  • Executed a cheque clearing platform migration that generated INR 30 million in cost savings
  • Pioneered an Industry First ML solution for Vehicle Image analysis, automating 95% of disputes received and saving INR 35 million
  • Orchestrated the successful setup of IDFC Bank's core operations group in India
  • Managed Global Liquidity Operations for J.P. Morgan (EMEA region), driving continuous engagement and efficiency gains via robotics processes yielding 100% automation in input parameters
  • Successfully managed and implemented centralization of cross border outward remittance for 15 branches at Deutsche Bank
  • Achieved second rank PAN India in terms of overall score by managing satisfactory audit within 6 months of moving to KHAR branch, Deutsche Bank
  • Successfully set up Clearing and Operations for Deutsche Bank, Kolkata
  • Recognized as the 'Best Supervisor in the region' for Cash & Remittances, ABN AMRO Bank, Kolkata
  • Designated as a member of the 'Service Superstar Club', for excellent Customer Service, ABN AMRO Bank, Kolkata

Timeline

Head - Enterprise Clearing and Toll & Transit Operations

IDFC FIRST Bank
08.2023 - Current

Head - Enterprise Clearing

IDFC FIRST Bank
03.2020 - 07.2023

Head - FinOps (Consumer & Institutional Ops)

InstaReM India Pvt Ltd.
06.2019 - 11.2019

Vice President (Head - Remittances, Asia Regional Processing Centre)

BNP Paribas India Solutions Pvt Ltd.
03.2018 - 09.2018

CIB - Operations Manager - Vice President (Liquidity Operations, EMEA Lead and CIB Operations)

J P Morgan Services India Pvt Ltd.
03.2017 - 03.2018

Associate Director II, CMS Operations Lead, Wholesale Operations

IDFC Bank Ltd.
06.2015 - 03.2017

Associate Director I, Wholesale Operations

IDFC Bank Ltd.
11.2014 - 05.2015

Associate, Global Cash Operations

Deutsche Bank AG
08.2012 - 10.2014

Branch Operations & Service Manager

Deutsche Bank AG
04.2011 - 08.2012

Senior Manager - NPC Remittances

Deutsche Bank AG
04.2009 - 04.2011

Manager - Regional Processing Centre, Liability Operations

Deutsche Bank AG
05.2006 - 04.2009

Team Leader - Clearing Operations

ABN AMRO Bank NV
11.2005 - 05.2006

Team Leader - Cash & Remittances

ABN AMRO Bank NV
02.2004 - 11.2005

Officer - Cash & Remittances

ABN AMRO Bank NV
02.2002 - 02.2004

International Customer Relations Executive

Vishnu Solutions Pvt Ltd.
07.2001 - 02.2002

Executive Programme - Fintech, Banking & Applied Risk Management

IIM

B.Sc. - Physics

St. Xavier's College

Leadership Stack Programme -

Indian School of Business
Sachin SinghBanker