Shashank Shanbhag

Experience

• 

  NSEIT LIMITED

  Feb 2011 - Jun 2011

  Project Trainee

  Online Operations.

• 

  IDBI Bank

  Oct 2011 - now

  Responsibilities- Develop sales strategies and drive sales in the flagship branch of the region- Onboard clients on to digital channels and increase its popularity- Augment fee income through sale of TPD products- Introduce trade finance products, card products among other offerings to banks customers and corporate organisations and improve the digital footprint of the bank. - Offer a one-stop solution to the customers' banking requirementsAchievements- Ranked among top employees nationwide across organisation for Credit Card Sales in FY 19-20 and FY 20-21 through proven sales strategies- Contributed to sourcing high single premium and high value regular premium investments for the branch consistently Show less Responsibilities- Ensure optimum levels of service delivery- Maximize the outreach of emerging payment systems and digital applications of the bank- Popularise digital banking products among clients and onboard them on to digital banking platforms- Develop and implement marketing strategies to achieve the assigned business parameters viz advances, deposits and fee income- Improve the recovery of stressed assets and minimize NPAs- Ensure customer retention and deepening by offering various financial solutions under the roof- Ensure compliance with banking norms and operational regulations issued from time to time by regulatory authorities- Overlook premises management and administrationAchievements- Ranked among 0.5% of peers in the Karnataka-II region for achieving the assigned individual fee income targets and the only one from the Semi Urban category branch in the region. Show less Responsibilities- Cater and service HNW & NRI clientele through consistent service delivery- Deepen the relationship through introduction to the bank's product offerings and third party products- Offer a one-stop solution to the customers' banking requirements- Handle the corporate banking needs of corporate clients by offering holistic banking solutions for said corporates and their employees, ensuring retention and business augmentation- Complete management of the Gold Loan book of the branch, covering sanction, disbursement and monitoring with an objective to have a healthy PSL asset base with next-to-none NPAs- Accountable for achieving income targets and other financial benchmarks - Cater to the NRI Clientele by way of managing their Forex remittances, travel card products, monitoring Forex rates and trends to advise on investments, tax advisory, and systematic allocation of fundsAchievements- Ranked among the top 1% of peers in the Karnataka-Kerala Zone with respect to achievement of Fee Income targets- Garnered an aggregate investment of Rs 5.5 Crores of Mutual Funds during FY 16-17 and FY 17-18- Contributed toward an average annual fee income of Rs 5 Lakhs during my tenure- Handled a portfolio of Rs 75 Crores and ensured retention, deepening and increased crosell.- Successfully onboarded a major corporate with over 200 employees to NPS and ensured organisation wide enrollment Show less Responsibilities- MIS officer at IDBI Corporate Banking Group- Assist management with administrative, business and technical functions of the vertical- Liaised with the bank's agencies coordinating with the Reserve Bank of India- the Regulatory Body for the Banking Industry and other institutions like IBA, for Corporate Banking Vertical- Analyse business performance with respect to vital business parameters and inspect for grey areas- Monitored business targets assigned to branches to achieve overall vertical targets and present the performance to top-managementAchievements- I was part of the core team which effectively ideated, conceived and implemented systems to implement error-free and time-bound reporting within the vertical's existing infrastructure Show less

  • Assistant General Manager

    Jun 2022 - now

  • Manager - Reconciliation, Domestic Payments and Remitance Services (DPRS)

    Aug 2021 - May 2022

  • Relationship Manager

    Jul 2019 - Aug 2021

  • Manager - Service & Operations

    Jul 2018 - Jun 2019

  • Assistant Manager - Relationship Officer

    Oct 2015 - Jul 2018

  • Assistant Manager - Customer Service

    Jun 2014 - Oct 2015

  • Assistant Manager - Corporate Banking Group

    Oct 2011 - Jun 2014