Vivek Saraogi

Job Responsibilities:

• Managing team of 160+ Service Relationship Managers who take care of post sanction activities involving facility documentation, security creation and setup of limits for Wholesale Bank clients.
• Identifying areas which can be automated / digitized for efficiency improvement and ease of operation.
• Reviewing various processes with Legal, Credit & Business teams to provide better customer experience.
• Implementing strategies for building team effectiveness by promoting spirit of cooperation.
• Imparting / organizing training programs for new recruits as well as existing team members to keep them updated.
• Always focus on meeting customer delight.

Digital Projects:

• Implemented Digitization of Facility documentation including digital stamping and e-signing of all documents allowed as per Information Technology Act, 2000.
• Increased efficiency by Digitization of Preparation of sanction letter and standard documents.
• Working on automation of workflow creation basis requests received from internal and external customers through AI and machine learning.
• Part of LOS project, largest digital project to digitize entire life cycle from loan origination till disbursement.

Job Responsibilities:

• Managed team of 18 across Northern & Eastern Region handling post sanction activities involving account opening, KYC compliance, facility documentation, security creation and setup of limits for Large Corporates, Mid Corporates, International Corporates (MNC) & Financial Institutions Group for Northern & Eastern Region of India.
• Had additionally managed team of 6 handling account opening/ maintenances & KYC compliance for corporate clients for period of 1 year.
• Providing sign-off on correctness of execution and enforceability of facility documentation pertaining to client segment and perfection of securities stipulated.
• Meeting corporate clients to help execution of documents, including discussions on modifications sought by them in agreements and understanding their service issues.
• Liaising with Legal, Credit & Business teams to provide better customer experience.
• Responsible for region following policies and procedures of bank.
• Having entrepreneurial approach, take ownership of various resources required for smooth functioning of team.
• Suggesting innovative ideas to build and re-engineer processes.
• Maintaining accurate static data for regulatory / management reporting.
• Take ownership of implementing new process or systems introduced by Bank.

Key Achievements:

• Key member of core committee for set-up of Service Solutions (SeSo) team aim of which was to focus on Post sanction documentation and meeting clients for execution. Prepared SOP for new function and KRA for new team.

Job Responsibilities:

• Managed team of 5 for post sanction activities involving preparation of sanction letter, facility documents & security documents, scrutiny and setup of limits for corporate customers and to ensure security perfection etc.
• Involved in closely working with internal legal team and external legal consultants to negotiate terms & conditions in security documents with corporate customers.

Key Achievements:

• Simplified format of Pari Passu Letter (PPL) with necessary internal approvals resulting in improvement of efficiency to prepare PPL.
• Re-engineered process of making payments to vendors to improve TAT and getting payment released faster.
• Received several recognitions for completing documentation of large and complex deals including creation of mortgage over 14 properties in 2 days.

Job Responsibilities:

• Role involved ensuring timely completion of annual reviews for existing relationships, KYC compliance & account opening for new relationships.
• Negotiation with clients for Facility Documentation, liaise with Legal/Compliance for modifications & seek appropriate approvals.
• Engaging with clients & product teams to ensure high levels of utilization of facilities.
• Monitoring of Excess & Past Dues, seek Credit approvals & to ensure timely regularization.
• Maintained constant traction with customers through regular meetings, attending consortium meetings, conducting factory/site visits.

Key Achievements:

• Featured in Global Deal Flash for DLF Limited, internal appreciation program for INR 5 Billion long term INR funding in 2011.
• Handled end-to-end credit approvals, documentation and disbursal of ECB to Godfrey Philips India Ltd of USD 20 Million in 2010 and USD 15 Million in 2011.
• Featured in Deal Flashes for ECB deals of Godfrey Philips & Apollo Tyres in 2010 & 2011 respectively.

Job Responsibilities:

• Ensuring security perfection including preparation of security documents, scrutiny of documents and setting up of credit facilities for large corporate portfolio.
• Was additionally responsible for Creation of mortgages over immovable properties including title search through external counsel, valuation through empanelled valuers, verification of original title deeds etc for entire corporate banking portfolio Northern region.

Key Achievements:

• Received Thanks Award in Jan 2010 for end-to-end execution of INR 5 Billion long term funding to Fortis Healthcare.
• Received Thanks Award for July 2009 for automating process of security documentation.
• Awarded Champion of the month (Nov 2008).

Job Responsibilities:

• Managed team of 9 in performing various Trade Finance operations including issuance of Bank Guarantees, processing of Inland LC bills, and Credit Administration.

Key Achievements:

• Appreciated for redesigning the process for fax based transactions, leading to significant efficiency improvement & strong process control.
• Appreciated for streamlining of various trade transactions and implementing process improvements resulting in improved TAT, reduced manual intervention & simplifying overall process

Job Responsibilities:

• Issuance of Bank Guarantees.
• Processing of various loans viz. Short Term & Long Term Loans / Packing Credit / Staff Loans.
• Preparation of various returns viz. DSB Return, Form X, ALM Reports.
• Concurrent Audit of Entry vouchers and Dealing Room.
• Reconciliation of various bank accounts (NOSTRO & INR).
• Calculation of TDS from Salary & Advance Tax.