Vipul Jain

Experience

• 

  ICICI Bank

  May 2010 - Jan 2016

  Deputy Manager

  • Verification of KYC documents submitted by the customer as per KYC norms and bank policy for saving, salary and Current account opening.• Managing the Customer On boarding (KYC) processes comply with bank policies and procedures.• Responsible for reviewing and ensuring all required AML /KYC regulatory requirements.• Headed gamut of front desk activities as cash receipt, payment issuance, cancellation, revalidation of DD, PO to clients, RTGS, NEFT& cheque transfers using Finacle.• Managed different account servicing requests ex. addition or deletion of names in the a/c, address modification, freeze and unfreezing of accounts, up gradation of a/c, transfer of a/c, conversion of a/c.• Responsible for accepting payments, sanctioning withdrawals, verifying cheques, and other related services.• Ensure best in class customer experience and an operational excellence with error free processing/authorizations of all financial transactions, as per prescribed guidelines along with adherence to internal process and regulatory compliances.• Accountable for maintaining error free key register, deliverables registers, inventory registers etc. on a daily basis with ensuring proper functioning of all critical equipment's at branch like CCTV, alarm system, cash deposit machines, printers etc.• Responsible for ensuring smooth functioning of the branch operations with proper adherence to banking norms and regulatory compliance.• Accountable to monitor and improve customer service index and audit score with managing external and internal auditors.• Received Certificate of excellence (Eagle Eye Award) from Sr. General Manager of ICICI Bank.• Letter of appreciation from Zonal Head for creating business.• Award for best Branch audit score for the month of Dec 2012 from Regional Head of ICICI Bank. Show less

• 

  HDFC Bank

  Jan 2016 - now

  • Led end-to-end facilitation of financial facilities, including Cash Credit, Overdraft Against Property, Letter of Credit, and Bank Guarantees, Term Loan in collaboration with clients and cross-functional teams.• Evaluated collateral assets such as stock, plant and machinery, and property to determine feasibility and risk factors for collateral-backed financing.• Proficiently assessed constitutional documents and legal agreements such as Master Facility Agreements, Hypothecation agreements, Personal Guarantees, corporate Guarantee, Addendums, and Power of Attorneys etc depend upon nature of facility.• Initiating Legal, Valuation, vetting through empanelled lawyers for property backed facility in branch to create equitable Mortgage charge.• Managed documentation and due diligence processes, ensuring accuracy and compliance with internal policies and regulatory guidelines.• Conducted thorough financial analyses of client businesses to assess creditworthiness, liquidity, and repayment capacity.• Played a pivotal role in risk management by evaluating creditworthiness, analyzing financial statements, and conducting due diligence on clients.• Structured financing packages that met clients' working capital requirements while optimizing risk and return for the bank.• Actively communicated with clients to understand their financial needs, address concerns, and provide expert advice on suitable financing options.• Negotiated terms and conditions with clients and legal teams, resulting in successful agreements and mutually beneficial outcomes.• Collaborated with credit risk teams to assess the viability of collateral and develop strategies for risk mitigation.• Spearheaded initiatives to enhance efficiency in documentation processing, leading to 50% reduction in processing time.• Achieved consistent compliance with regulatory standards, contributing to the bank's reputation for prudent risk management. Show less •Responsible for reviewing and ensuring all required AML /KYC regulatory requirements.- KYC Verification/analysis-OFAC,EU list Negative media list PEP check, RBI caution list check & Anti Money Laundering(AML) check in customer due diligence(CDD) & client on boarding, credit Risk and Market risk.•Risk Profiling of Retail and corporate clients’ prior sanctioning credit limits against equity, debt funds and bonds.•Analyzing Credit risk and Market Risk prior sanctioning loans to customers.•Identified and implemented Process and cost improvement changes and cost savings plans to increase company savings.•Key role in UAT for implementation of new application / application migration.•Have worked on Core finance System in UAT. Suggested process change as per the compliance requirement. Align business requirement in KYC flow very effectively.•Co-ordinate, delivers, design and execute User Acceptance Testing (UAT) within KYC Systems Solutions Development and Delivery department. Ensure that all processes, enhancements and systems implementations are robustly tested, and any defects are resolved ahead of production releases.•Gathering of business & end user requirement & co-ordination with the technical team with alternative solution on Account Opening and Disbursement. Training given to the end user on new application.•Identified manual activities within the process and suggested and designed a Robotics automation process for the same.•Maintained frequent interaction with senior management to measure goal achievement and determine areas of improvement.•Conducted performance evaluations, compensations and hiring to maintain appropriate staffing requirements.•Provided strong leadership to enhance team productivity and morale-PAN india highest disbursement and account opening done for Loan against security process.•Implemented and developed operational standards, policies and procedures.•Developed proposals and presentations for internal and external audiences. Show less

  • Branch Operation Manager(AVP)

    Apr 2023 - now

  • Senior Manager

    Jan 2016 - Jul 2023