Balaji R Suyambunathan
Associte Director
London,ENG
Summary
Looking to secure a challenging and rewarding new role within Fintech, Banking Operations, Payments and Trade Finance, where skills, knowledge and expertise gained from my 13 years of experience that can be transferred across and utilised to the best effect for the benefit of the organisation.
Experienced and skilled in Cash Management Operations & Trade Finance Products, Loans, Discounting, Fintech Receivable Finance, KYC & CDD, with excellent and extensive knowledge. I am an enthusiastic, self-motivated, and reliable, dedicated, and experienced individual, willing to learn and develop new skills. I have an active and dynamic approach to work and getting things done and identifying and develop the opportunities.
Overview
22
22
years of professional experience
Work History
Associate Director
Standard Chartered Bank
09.2020 - Current
- Client On boarding and Management
Portfolio Management and Operations Specialist
Tungsten Corporation PlC
06.2019 - 06.2020
- Company Overview: UK
- Analyzing background of the client and designing customized investment solutions
- Managing eligibility schedule of investment-grade buyers in Receivable Finance Programme
- Cash flow management and payments processing of TNF’s Receivables Finance programme
- Monitoring and Managing clients accounts and responsible for funds movement
- Providing accurate account reconciliations to client accounts
- Conducting weekly calls and monthly review for all the clients
- UK
Senior Associate – Payments Operations
State Bank of India
03.2019 - 05.2019
- Company Overview: UK
- Creating and Checking manual payments (MT103 & MT202, MT202 COV, MT199)
- Handling CHAPS BACS FEDWIRE SORTCODE BSB Clearing house payments
- Managed Project team for Cash & Trade, Process Improvements and Application Enhancements
- Process Re-Engineering and discovering risks in process and Mitigating Risks
- Applications Handled: FINACLE, RMS, Bankers ALMANAC
- UK
Manager – Cash Management Operations – (Africa Markets)
Standard Chartered Bank
05.2017 - 12.2018
- Company Overview: India
- Handled a team of 10+ members
- Responsible for planning and delegation of daily tasks and weekly BAU
- Responsible for conducting monthly 1-1 meetings, Year-end appraisal review and documentation
- Instrumental in cross training 100% of the team in cross boarder markets
- Rigorous queue monitoring on regular intervals – SOD and EOD sign off
- Authorizing high value (2nd level) Inward and Outward Telegraphic Transfers MT103 and MT202
- Yearly review and sign off for Service level agreement
- Weekly Error Analysis with detailed RCA and proven track recording of maintaining the operations accuracy > 99.95%, Maintain internal and external error reporting
- Spot checking of random transactions to mitigate process risks
- Identifying opportunity to maximize process automation – STP improvements
- SME of Nostro Reconciliation, Ensure SLA’s are met successfully with stipulated TAT
- Improving process environment, team dynamics and Ethos
- Application Handled: EBBS (Electronic Business Banking System), BIC PLUS (Bank Identification Code System), IBAN Checker (International Banking Account Number checker), India FX (Indian Rate Booking System), Rapid Cash, OLT – Online Treasury, RDS (Ready Deal System)
- India
Assistant Manager – Trade Finance Operations – UAE Markets
Tata Consultancy Services
07.2013 - 05.2017
- Company Overview: Citi Bank and Mashreq Bank
- Export and Import Payments, settlements under Documentary credits, Documentary collections
- Trade Products: Short term, long term loans, Reimbursement claims, LC Discounting
- On Deputation travelled to Dubai (8 months) for Mashreq Bank Trade Process Migration
- Handled End to End process Migration of Mashreq Bank Trade Process
- Reviewed and Maintained Mashreq Bank Nostro Account
- Conducting daily team huddle, maintaining complete MIS details of team BCP coordinator for Trade Process and travelled across many locations to ensure proper BAU
- Application Handled: TRIMS (Trade Record & Information Management System), Foreign Exchange Rate System, Recon Frontier, Crystal Reports
- FLEX CUBE, Side Viewer, EDMS (Electronic Data Management System), Safe Watch, Sanctions and Compliance Filtering System, TLM – Transaction Lifecycle Management
- Citi Bank and Mashreq Bank
Document Controller – Human Resource Department
Petroleum Chemicals and Mining Division Company
12.2011 - 12.2012
- Company Overview: Saudi Arabia
- Responsible for Handling Manpower mobilizing and De-mobilizing to all projects
- Responsible for recruitment drive planning
- Saudi Arabia
Team Lead – Cash Management Operations – India Payments
Standard Chartered Bank
09.2005 - 12.2011
- Company Overview: India
- Authorizing Outward Telegraphic Transactions with Delegation of Authority
- Authoring Inward Telegraphic Transactions with Delegation of Authority
- Coordinate with Treasury and apply Foreign Exchange rates to the transactions
- Handled Swift message queries MT199 and reverting to other banks
- Return of funds transactions
- India
Data Entry Operator – Medical Billing
SKBS
01.2003 - 01.2005
- Company Overview: Chennai
- Processing Medical billing claims
- Uploading data in specific application and cross checking with manual application
- Providing 100% accuracy
- Chennai
Education
Post Graduate -
Master of Business Administration
Skills
- Operations and Risk Management
- Client Relationship and Management
- Expertise in SWIFT FT’s (MT103/MT202)
Payments - Inward and Outward Telegraphic Transfers
- Expertise in Receivable Finance and Portfolio Management
Export & Import Payments Under documentary credit/Letter of Credit/Collections
Loans - Short term, long term & discounting
- Nostro Reconciliation
- Reimbursement Claims (MT740 MT747 MT742)
- Sanctions and Compliance
- Anti Money Laundering
- Process Re-Engineering
- Application Enhancement and Developments
UAT Testing
- JIRA
Account Opening & KYC
Objective - Statement
Looking to secure a challenging and rewarding new role within Fintech, Banking Operations, Payments and Trade Finance, where skills, knowledge and expertise gained from my 13 years of experience that can be transferred across and utilised to the best effect for the benefit of the organisation.
Personal Information
Available: 1 month Notice Period
Timeline
Associate Director
Standard Chartered Bank
09.2020 - Current
Portfolio Management and Operations Specialist
Tungsten Corporation PlC
06.2019 - 06.2020
Senior Associate – Payments Operations
State Bank of India
03.2019 - 05.2019
Manager – Cash Management Operations – (Africa Markets)
Standard Chartered Bank
05.2017 - 12.2018
Assistant Manager – Trade Finance Operations – UAE Markets
Tata Consultancy Services
07.2013 - 05.2017
Document Controller – Human Resource Department
Petroleum Chemicals and Mining Division Company
12.2011 - 12.2012
Team Lead – Cash Management Operations – India Payments
Standard Chartered Bank
09.2005 - 12.2011
Data Entry Operator – Medical Billing
SKBS
01.2003 - 01.2005
Post Graduate -
Master of Business Administration
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