Vinit Kumar Singh
Bangalore
Summary
- Cash-In (CMS) PROFILE SUMMARY
- A competent professional with over 16 years of experience in International Banking & Corporate Treasury operations.
- Trade Finance Specialist with vast experience in Banking Industry.
- Expertise in managing Global Banking Relationship, Cash Flow and People Management.
- Expertise in Banking Compliances, KYC and Regulations.
- Expertise in Debt \ Working Capital management.
- Expertise in Bank Guarantee issuance and maintenance.
- Familiar with managing investment portfolios and utilizing various avenues available for investments.
- Experienced in use of Technology in Treasury and Its Implementation.
- Experienced in handling Due Diligence (Treasury and Banking part) of Merger and Acquisitions.
- Handling Treasury Audits.
- Handful experience in Capital account transactions (Overseas Direct Investments and Foreign Direct investments) – FC-GPR and FC-TRS Reporting.
- Handful experience in Tax forms reporting – FATCA, W8, W9 and CRS
- Enterprising and dynamic leader with skills in rendering business consultancy by determining operational feasibility through requirement analysis, problem definition, proposing solutions, applying automation techniques and executing the Process Transformation Activities.
- Managed overall profitability of operations and strategic utilization of available resources to achieve organizational objectives
Overview
17
17
years of professional experience
Work History
Asst\ Sr. Manager
Accenture
07.2021 - Current
- Corporate Treasury (Banking & cash
01.2021 - 01.2024
Asst. Manager
Tech Mahindra Ltd
05.2018 - 07.2021
- Retail Banking, Trade & Forex
- BUSINESS ACHIEVEMENTS
- Successfully repatriated ~USD 40Mn from the countries having low Fx reserves or stringent FX outflows guidelines mainly African Countries
- Successful Implementation of Technology in Treasury Operations to manage Bank Account Database, Management information Systems (MIS), Liquidity and Payments
- Successfully closed the project of Reimbursement card distribution under Direct Benefits transfer scheme of Central Govt
- And wages payments of 3000 workers appointed by Nashik Municipal Corporation during KUMBH Mela at Nashik
- Basis Service to sale, on boarded Pimpari Chinchwad Corporation under CMS Module for collection of cheques and other taxes
- Basis Service to sale, on boarded client like Nashik Municipal Corporation for Local Body Tax Collection wherein, the total collection of LBT was 850 Crore in 24 Months
- Took over almost 60% of total taxes and Grants collection of Nashik Municipal Corporation.
Manager
YES Bank Ltd
11.2013 - 04.2018
Sr. Manager, Branch Operations Manager
YES Bank Ltd
11.2013 - 04.2018
- Trade & Forex
- Ensure Processing of Trade, CMS & General banking transactions of the clients in agreed turnaround time
- Maximizing Revenue generation through Service to sales
- Opening of current accounts and its maintenance
- Ensure effective relationship with clients in the region for growth of business
- Serving Large corporate, MNCs, Government & Financial Institutional Clients
- Manage existing and new corporate and retail clients to maximize relationship
- Offer complete financial solutions to corporate clients which includes trade finance services, cash management, Escrow, Interest and Dividend Payouts etc
- Cross Sale of Trade & CMS products to clients as per their business suits.
Sr. Manager, Branch Operations Manager
Axis Bank Ltd
12.2011 - 11.2013
Deputy Manager
Axis Bank Ltd
12.2011 - 11.2013
- Forex
- Settlement of Inward Remittances & Processing of Outward Remittances
- Booking of FX rates up to USD 1 Mio for MSME, SME & corporate clients
- Bills Handling (Import & Export) & Issuance of LC & BG
- Ensure effective relationship with clients in the region for growth in business
Deputy Manager
ICICI Bank Ltd
10.2007 - 11.2011
Asst. Manager
ICICI Bank Ltd
10.2007 - 11.2011
- Retail Banking, Trade & Forex
- Bill Collection Transactions both Inland & Foreign (Import & Export)
- Handle Inland bills discounting transaction
- Issuance of BG and LC (Foreign & Inland)
Asst\ Sr. Manager Corporate
Accenture
Bangalore
07.2021
- Treasury – CoE
- Manage a team of 10 Analysts and Senior Analysts
- Build a highly motivated, energetic, and self-governing team
- Review policies, systems & processes with an objective of providing direction to the team for day-to-day activities
- Implementation of Technology in Treasury
- (TIS, KYRIBA etc)
- Perform Signatories and Internet Banking User Audits and manage the Global Signatory and Internet Banking User Database
- Bank Account Administration: KYC, account opening, closing accounts, signatory updates, mandates & FATCA
- Maintaining Bank relationship & liaising with them
- Setup reporting of daily/monthly bank statements through MT940 reporting
- Perform cash forecasts, reconciliation and surplus balance transfer
- Provide cash visibility of Global bank accounts to leadership with detailed analysis
- End to End Support of Bank Account Management, Bank Guarantees & Payments
- Provide data gathering/analysis on monthly bank fee charges and report to Treasury Leadership with recommendations for improvements.
Manager
Tech Mahindra Ltd
Pune
05.2018
- Group Treasury – Banking
- Monitoring and managing the organisation's Bank relationships and liquidity management Branch & Subsidiaries in more than 90 Countries
- Responsible for compliance and regulatory reporting with respect to subsidiaries and exports of the organization
- Managing foreign currency exposure and foreign currency payments
- Cash flow management across globe i.e Branches and subsidiaries of the organization
- Debt \ Working Capital management across globe presence
- Managing team of 5 people
- Arranging Structure Finance & New age finance with the help of Fintech companies
- Responsible for assisting treasury audit
- Analyzing various scenarios for risks and reporting to senior management.
Education
Some College (No Degree) -
Ernst & Young
MumbaiCertificate in Trade Finance (CITF) & FEMA - undefined
Indian Institute of Banking & Finance
JAIIB - undefined
Indian Institute of Banking & Finance
Diploma - Self-Management
Skills
Trade Finance/ Treasury Operationsundefined
Timeline
Asst\ Sr. Manager
Accenture
07.2021 - Current
Asst\ Sr. Manager Corporate
Accenture
07.2021
01.2021 - 01.2024
Asst. Manager
Tech Mahindra Ltd
05.2018 - 07.2021
Manager
Tech Mahindra Ltd
05.2018
Manager
YES Bank Ltd
11.2013 - 04.2018
Sr. Manager, Branch Operations Manager
YES Bank Ltd
11.2013 - 04.2018
Sr. Manager, Branch Operations Manager
Axis Bank Ltd
12.2011 - 11.2013
Deputy Manager
Axis Bank Ltd
12.2011 - 11.2013
Deputy Manager
ICICI Bank Ltd
10.2007 - 11.2011
Asst. Manager
ICICI Bank Ltd
10.2007 - 11.2011
Some College (No Degree) -
Ernst & Young
Certificate in Trade Finance (CITF) & FEMA - undefined
Indian Institute of Banking & Finance
JAIIB - undefined
Indian Institute of Banking & Finance
Diploma - Self-Management
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