Summary
Overview
Work History
Education
Skills
Languages
Key Achievements
Personal Information
Key Areas Of Exposure
Hobbies and Interests
Certification
Timeline
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AMIT SOMANI

Ahmedabad

Summary

Adynamicandgoalorientedpersonwit

Results-driven financial professional prepared for this leadership role, with strong focus on achieving organizational goals.

Encouraging manager and analytical problem-solver with talents for team building, leading and motivating, as well as excellent customer relations aptitude and relationship-building skills. Proficient in using independent decision-making skills and sound judgment to positively impact company success. Dedicated to applying training, monitoring and morale-building abilities to enhance employee engagement and boost performance.

Overview

22
22
years of professional experience
1
1
Certification

Work History

VP: Trade Finance Operations

Shinhan Bank
12.2016 - Current
  • Heading Operations department of the branch and responsible for all the trade and commercial transaction processing at branch level
  • This includes Import-Export Documentation, Inward-Outward Remittances, Letter of Credit, Bank Guarantees, etc
  • Managing Team of six staff
  • Major focus on Inland LC bill discounting and Export bill discounting post and pre acceptance
  • EDPMS updation of both Shipping bills and Bill of Entries,BRC generation and compliance of other regulatory reports.
  • Developed and maintained strong relationships with clients, resulting in increased business opportunities.
  • Maintained compliance with banking regulations by implementing risk mitigation measures and maintaining accurate documentation.
  • Improved customer satisfaction by streamlining processes and implementing new strategies.

Manager: Operations and Administration

Societe Generale
02.2013 - 11.2016
  • Heading Operations department of the branch and responsible for all the trade and commercial transaction processing at branch level
  • This includes Import-Export Documentation, Inward-Outward Remittances, Letter of Credit, Bank Guarantees, Buyers Credit, External Commercial Borrowings, Loans and Deposits etc
  • Ensure completion of all the tasks at the branch itself that can be performed using the data available/accessible at the branch for efficient customer service
  • Ensure full support to the sales team in providing quality service to clients
  • Ensure preliminary check of the transaction documentation submitted by the clients and sort out issues identified before transmitting to Mumbai for processing
  • Ensure timely filing of various returns/report locally, as applicable, by coordinating with the local authorities
  • Ensure payment of local admin bills on time and maintaining petty cash records for the expenses made locally


Assistant Manager-Operations

Credit Agricole Corporate and Investment Bank
08.2005 - 12.2012
  • Inward Outward remittances
  • Import-Export Documentations
  • Issuing of Letter of Credits, Guarantees
  • Inland Bill Discounting
  • Buyer's Credit Financing
  • Preparation and timely submission of various returns (eg XOS, BEF, R-Returns) to different regulatory bodies
  • Preparation of Various MIS reports as required by internal systems

Transaction Banking Officer

HDFC Bank
11.2004 - 08.2005
  • Worked in clearing and demat department
  • Inward outward clearing of cheques
  • Transfer of shares for off market trade
  • Conversion of physical shares certificate into demat form
  • Providing solutions to queries of clients regarding demat of shares

Executive

Development Credit Bank
04.2004 - 11.2004
  • Worked in Cash department and handled receipt and payment of up to 1.5 crores per day
  • Worked in operations wherein opened saving bank account, current account, term deposits etc
  • Sold third party products like Insurance and Mutual funds

Executive

Royal Bank of Scotland (FKA ABN Amro Bank)
04.2003 - 04.2004
  • Company Overview: (under contract of HONEY MARKETING SERVICES)
  • Checking and Scanning trade documents to be sent to Central Processing Unit
  • Preparation and Checking of Bank Realisation Certificate
  • Compilation and filing of R-returns
  • (under contract of HONEY MARKETING SERVICES)

Education

M.Com - Banking and Business Finance

M.S.University
01.2002

B.Com - Accounts and Auditing

M.S.University
01.2000

Skills

  • Operations oversight
  • Customer relations
  • Delegation
  • Report preparation
  • Teamwork and collaboration

Languages

English
Hindi
Gujarati

Key Achievements

  • Have been instrumental in bringing various new processes in my current organisation.
  • Received Best Employee award twice from my current organization and once for my department.

Personal Information

  • Date of Birth: 23/05/1979
  • Marital Status: Married

Key Areas Of Exposure

  • Trade documentation and Processes.
  • Compliance with Regulatory bodies like RBI, DGFT.
  • Selling of Third Party products like MF and Insurance
  • Handling cash department
  • Admin Related work for the branch

Hobbies and Interests

  • Music
  • Traveling
  • Reading
  • Social Service
  • Meeting People

Certification

  • Cleared CITF exam conducted by LIBF, London
  • Cleared Trade Finance Certification Exam of Indian Institute of Banking and Finance.
  • Cleared JAIIB, CAIIB exam of Indian Institute of Banking & Finance.
  • Cleared AMFI exam of Mutual Funds from NSE.
  • Have cleared basic level French language course.

Timeline

VP: Trade Finance Operations

Shinhan Bank
12.2016 - Current

Manager: Operations and Administration

Societe Generale
02.2013 - 11.2016

Assistant Manager-Operations

Credit Agricole Corporate and Investment Bank
08.2005 - 12.2012

Transaction Banking Officer

HDFC Bank
11.2004 - 08.2005

Executive

Development Credit Bank
04.2004 - 11.2004

Executive

Royal Bank of Scotland (FKA ABN Amro Bank)
04.2003 - 04.2004

B.Com - Accounts and Auditing

M.S.University

M.Com - Banking and Business Finance

M.S.University

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