Shashank Parashar

• Liaise with banks, financial institutions, and other external parties. Coordinate with other internal departments, such as finance and accounting, to ensure alignment and resolve any issues.
• Oversee the use and maintenance of treasury management systems. Collaborate with IT and other departments to ensure system functionality and data integrity
• Ensure adherence to regulatory requirements and internal controls. Identify opportunities for improving back-office processes and efficiency.
• Implement best practices and continuous improvement initiatives.
• Identify and mitigate risks associated with treasury operations.
• Provide insights and analysis to senior management regarding financial positions and performance.
• Manage the reconciliation of bank statements, cash positions, and internal accounts.
• Identify and resolve discrepancies or issues in a timely manner.
• Ensure that transactions are executed accurately and in compliance with company policies and regulatory requirements.

• Transaction Processing: Handling processing and reconciliation of financial transactions, including deposits, withdrawals, transfers, and payments, to ensure timely and accurate recording of transactions and adherence to regulatory requirements.
• Data Analysis: Analyzing large volumes of financial data to identify trends, anomalies, and discrepancies, and providing insights and recommendations to management for process improvements and risk mitigation strategies.
• Recordkeeping and Documentation: Maintaining accurate and up-to-date records and documentation of financial transactions, customer accounts, and regulatory compliance activities, to facilitate audits, inquiries, and regulatory reporting.
• Fund & Non-Fund Position Management: Monitoring the bank's investment portfolio, including equities, bonds, mutual funds, foreign exchange, derivatives, and structured products and other financial instruments, to assess performance, identify opportunities, and make strategic decisions to maximize returns and minimize risk.
• Portfolio Analysis: Conducting in-depth analysis of investment portfolios, including performance attribution, risk assessment, and scenario analysis, to provide insights and recommendations to senior management for portfolio optimization and asset allocation decisions.
• Systems dealt with: RBI Systems (E-Kuber, NGRTGS), Finacle Core, Polaris (ITMS), Intellect-CC, Fin Mechanics and CCIL applications.

As a Branch Operations Manager, I lead a dedicated team of 8-10 individuals, overseeing all aspects of branch operations to ensure the delivery of exceptional service and support to our valued customers.

• Operational Excellence: Overseeing the day-to-day operations of the branch, including cash management, transaction processing, account management, and compliance activities, to maintain operational efficiency and regulatory compliance.
• Customer Service: Setting and maintaining high standards for customer service delivery.
• Relationship Management: Building and nurturing strong relationships with customers, local businesses, and community organizations to promote the bank's products and services, identify opportunities for business growth, and enhance the bank's reputation and presence in the community.

• Letter of Credit Processing: Expertly handling processing and documentation of letters of credit (LCs), including issuance, amendments, and payments, in accordance with international trade regulations and banking standards
• Documentary Collections: Facilitating documentary collections, including import and export collections, by liaising with correspondent banks, verifying shipping documents, and ensuring timely settlement of funds to mitigate risks for both buyers and sellers
• Trade Financing Solutions: Collaborating with relationship managers and clients to structure trade financing solutions tailored to their specific needs, such as export financing, import financing, and trade credit insurance, to support their international trade activities.
• Compliance and Risk Management: Ensuring strict compliance with regulatory requirements, including International Chamber of Commerce (ICC) rules, Uniform Customs and Practice for Documentary Credits (UCP 600), and Anti-Money Laundering (AML) regulations, to mitigate financial and reputational risks associated with trade finance transactions.

• Customer Service Excellence: Greeting customers with warm welcome and assisting them with their banking needs, whether it's processing transactions, answering inquiries, or providing information on products and services.
• Transaction Processing: Handling cash transactions accurately and efficiently, including deposits, withdrawals, and check cashing, while adhering to strict security protocols and regulatory guidelines.
• Account Management: Assisting customers with account openings, closings, and maintenance tasks, such as updating personal information and ordering checks, to ensure their financial needs are met effectively.
• Administrative Support: Performing various administrative duties, including data entry, filing, and document management, to support smooth functioning of branch operations.
• Compliance and Risk Management: Ensuring compliance with all banking regulations and internal policies, particularly in relation to anti-money laundering (AML) and know your customer (KYC) procedures, to safeguard interests of bank and its customers.