Priyendu Jha

Experience

• 

  Bharat Overseas Bank Limited

  Jan 2006 - Dec 2006

  Management Trainee
• 

  State Bank of India

  Aug 2007 - Nov 2017

  Relation Manager (SME)

  - Performed the functions of end to end in credit management and control; from acquisition to collecting the requisite documents; due diligence by doing pre-sanction survey, doing Credit Risk Assessment; analysing the credit requirements; assessing the limits; getting it sanctioned; execution of documents; disbursing the limits; post-sanction monitoring and control; timely renewal of limits; attending to audit remarks; day to day servicing of the account and all other functions related to the SME clients.- Administered credit appraisal for fund-based and non-fund based requirements; unit visits, understanding the business model, management capabilities and market strength of the business.- Presented the credit proposals for obtaining sanction from the respective sanctioning authority.- Performed the functions of assessing credit worthiness of clients and took adequate steps for ensuring receipt of payments and recovery of bad debts.- NPA Management, including timely restructuring putting up the SMA Reports; initiating action under SARFAESI etc.- Conducted cross-selling activities for credit products; managed client acquisition activity and advised on markets & products- Acquired, developed & managed long-term relationships with High Net Worth Individual (HNI) clients.- Prepared the necessary reports and presented the same to the management. Show less

• 

  Patanjali Ayurved Limited

  Dec 2017 - Oct 2018

  Deputy General Manager

  • Head of Prepaid Loyalty Card (Swadeshi Samridhi Card) launched by the company and managed the program end to end.• Monitoring programs from conceptualization and visualization and their final execution while conducting need assessment; engaged in recruitment of resources to the delivery of the programs.• Worked with different stakeholders towards improvements in the program. • Executing MOUs, coordinating with various departments including SAP, Finance, Legal, Vendors, Technology Partners, Marketing and Advertisement for smooth execution of the program.• Monitoring overall functioning of processes, identifying improvement areas and implementing adequate measures to maximize customer satisfaction level• Establishing quality standards for various operational areas, ensuring a high-quality customer experience while adhering to the SLAs and work processes• Providing support in managing escalation from clients to resolve their concerns and addressing queries (customer advocacy) from other departments for a smooth ride for customer’s diverse issues Show less

• 

  Patanjali Agro India P Ltd

  Nov 2018 - Feb 2021

  General Manager Finance

  • Head the financial planning of the company by analysing its performance and risks• Set up and oversee the company’s finance IT system• Set targets for and supervise all accounting and finance personnel (management accountants, internal auditors etc.)• Oversee all audit and internal control operations• Develop the corporate fundraising strategy and manage relationships with partners and investors• Prepare timely and detailed reports on financial performance on a quarterly and annual basis• Conduct analysis to make forecasts and report to upper executives• Ensure adherence to financial laws and guidelines, new business and provide trade financing solutions to deepen existing and new relationships.• Negotiate, structure and prepare business proposals to meet clients’ financial needs• Conduct credit assessment and due diligence to ensure credit and regulatory compliance.• Maintain good portfolio management and credit quality Show less

• 

  Patanjali Foods - Ruchi Soya

  Feb 2021 - now

  • Oversee forecast cash flow positions, related borrowing needs, and funds available for investment. Ensure sufficient funds are available to meet ongoing operational and capital investment requirements.• Oversee Trade Finance and Forex to ensure the transaction cost is minimum. Set up the Forex Desk from scratch to create an independent profit-making center. • Oversee Short-Term Investments Portfolio to generate independent PnL. Oversee execution of investment transactions (redemptions and purchases) approved by the investment committee of the Board of Directors Setup the Desk from scratch and generate independent PnL. • Focused on Supply Chain Finance Solutions (Supplier Credit/Buyer's Credit/ Vendor Finance/Dealer Finance/TReDS) to reduce the transaction cost with an aim to Optimise the Working Capital and reduce the Financial Risk. Helping the Team in getting the desired banking lines.• Use hedging to mitigate financial risks related to the currency and interest rates on the company's cash flows and borrowings, as applicable.• Advise management on the liquidity aspects of its short- and long-range planningMaintain an efficient system of policies and procedures that impose an adequate level of control over treasury activities and provide support for regulatory reportingEnsure the accuracy and effectiveness of the organization’s billing programs• Maintain all domestic and global banking relationships. Maintain strong communications with banks and other financial service providers.• Develop a structure to work with business partners, shared services, and FP&A to optimize working capital• Direct the FX exposure management through cash flow, balance sheet, and net investment hedging program. • Focused on Treasury functions Automation to ensure Transparency and improve efficiency. Using AI to improve the accuracy of planning in budgeting and forecasting. Show less • Formulate and implement strategies for the delivery of the various Structured trade finance products to minimize the transaction cost of the company and generate an independent PnL. • Focused on Supply Chain Finance Solutions (Supplier Credit/Buyer's Credit/ Vendor Finance/Dealer Finance/TReDS) to reduce transaction costs with an aim to Optimise the Working Capital and reduce Financial Risk. Helping the Team in getting the desired banking lines.• Work closely with internal stakeholders including Product Management, Legal, Compliance, Sales colleagues in developing product solution, taking into consideration UCP, URC, ISBP, URDG and other technical and regulatory requirements.• Prospect new business and provide trade financing solutions to deepen existing and new relationships.• Negotiate, structure, and prepare business proposals to meet clients’ financial needs.• Conduct credit assessment and due diligence to ensure credit and regulatory compliance. • Maintain good portfolio management and credit quality. Show less

  • Head- Treasury Management

    Dec 2022 - now

  • Head-Trade & Structured Finance

    Feb 2021 - Dec 2022