Deepak Jain

Experience

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  IDBI Bank

  Jan 2002 - Jun 2006

  Head CMS Collection - Operations

  I spearheaded nationwide cash management operations, orchestrating seamless collections for esteemed corporate clients spanning the expanse of India. My domain encompassed intricate reconciliations for diverse financial activities such as CMS, MICR, and Clearing, demanding unwavering accuracy and stringent compliance.In my realm, excellence was not just a goal but a non-negotiable standard. I meticulously upheld the highest echelons of quality, aligning every operation with the prestigious ISO 9001:2000 benchmarks. This commitment ensured that every facet of our financial activities adhered to established protocols, leaving no room for compromise.Fostering robust communication pathways with Core Banks and Branches became my forte. I swiftly navigated through pending payments and intricate liquidation matters, guaranteeing a harmonious flow in our financial operations. In tandem with the IT division, I meticulously scrutinized every detail, subjecting all reports, downloads, and converters to rigorous testing. This process was not just about accuracy; it was about perfection. Every component was fine-tuned to function flawlessly, ensuring not just operational efficiency but operational brilliance. Show less

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  Deutsche Bank

  Jun 2006 - Feb 2012

  I assumed a position of formidable leadership, steering the helm of cash management operations with unwavering determination and finesse. My sphere of influence spanned across crucial functions, commanding authority over check collections, payments, custody operations, market operations, regulatory reporting, and intricate reconciliations.Within my purview were vital areas such as payment receivables, cash collections, and a plethora of remittances including RTGS, NEFT, cross-border payments, and SWIFT transactions. I orchestrated these financial intricacies with precision, ensuring every transaction echoed with accuracy and compliance.Leading the charge for the Operations Management Team, I made strategic decisions that sliced through complex challenges and met high-risk deliverables head-on. In this capacity, I also held the reins of authorization for Personal Banker transactions, meticulously adhering to audit requirements and maintaining an eagle eye against any inkling of fraudulent activities.But my role extended beyond the transactional realm; I delved into the intricate world of comprehensive reporting. I managed an extensive portfolio of MIS reporting, delving into business, profit, cost, material analysis reports, agencies balance, and meticulous OPEX assessments. My expertise not only streamlined operations but propelled the organization towards a pinnacle of excellence and financial finesse. Show less

  • Head CPC Receivables

    Oct 2008 - Feb 2012

  • Head Partner Bank Reconciliation

    Jun 2006 - Sept 2008
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  Deutsche Bank

  May 2015 - Jan 2021

  • Deputy Branch Operations Head

    Jul 2019 - Jan 2021

  • Head CPC Payments and Remittances

    Mar 2012 - Jun 2019

  • Head Cash and Trade Operations - Special Assignment @ Philippines: Deutsche Bank AG Branch

    May 2015 - Dec 2015
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  JPMorganChase

  Jan 2021 - Sept 2023

  Business Operations Manager

  I wielded the helm of leadership, orchestrating the harmonious alignment of D&PS operations at various echelons - be it across locations, products, regional domains, or global arenas. My focus, sharp as a blade, honed in on implementing cutting-edge strategies designed to elevate efficiency, reengineer processes, and slash operational costs to propel us toward our business targets.In this high-stakes environment, my mission was clear: ensure unwavering control and compliance, not merely with corporate policies, but also with the intricate web of regulatory requirements. I navigated these challenges with finesse, steering the ship towards financial milestones encompassing costs, capacity, and meticulous budget planning. All these efforts were geared towards fostering not just growth, but sustainable, long-term business expansion.Amidst these endeavors, I stood as the vigilant gatekeeper, providing regular updates to the COO on our financial performance, operational risks, and compliance status. My role, however, didn’t stop at internal boundaries. I ventured beyond, forging strategic alliances with cross-functional powerhouses like Technology, Sales, Product, Client Services, Finance, and Compliance. Together, we embodied a holistic approach, weaving a tapestry of collaboration that propelled our organization to unparalleled heights. Show less