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Amit Sr Manager, ABN Amro
 
Amit's Profile
Amit
Sr Manager, ABN Amro
ABN Amro
confidential
confidential
New Delhi / NCR, India
Toostep 
Professional summary

A professional in Supply Chain Finance Product domain with sound functional knowledge. Ability to gather market requirement, write Product definition/Requirements and Functional Requirements in Supply Chain/Trade Finance Product.
Amit's Experience
Current :

Sr Manager, ABN Amro
Banking
Brief summary :

Presently working with Nucleus Software in Product Development (Subject Matter Expert) for Supply Chain Finance.

Previously as Product Support in Global Transaction Services at ABN amro.

Current :

Sr Manager, ABN Amro
Banking
Brief summary :

Presently working with Nucleus Software in Product Development (Subject Matter Expert) for Supply Chain Finance.

Previously as Product Support in Global Transaction Services at ABN amro.

Previous :

Manager, ABN Amro
Delhi

Worked from 2008 to 2012

Brief summary :

Managing Operational Risk, SOX compliance, participation in Disaster recovery drill and new business initiatives in the unit were part of the responsibilities. Professional Experience ABN Amro Delhi Jan 2008 Onwards Manager Transaction Banking Sales - Role: Product Support for Structured Solution Group As a Product Support resource, development of projects with IT/Processing/Operations for improvement in sales, risk management and client servicing across all major metros in India. Ensured that products emulates success that it has achieved in segments such as C and I segment (Institutional) while at the same time making suitable modification in products to meet requirements of my own client segment/BU. Keeping all Product and Process notes abreast with all directions issued by RBI and internal risk management directives issued from time-to-time. Ensure that processing/sales units are aware of all updates through regular communications and conduct of training sessions. Received compliments on occasion of launch of new product `Factoring for quick roll-out and building of Pipelines and on modification of existing suite of Current Account product. Development and implementation of revenue plans for Structured Solution Groups Transaction Banking Business within overall framework of ABN Amros SME sector Expansion plans in India. All ensuring quantitative metrics for operational risk management are under control. Development of customized solutions suited to the needs of Targeted clients. Continuously updating sales team on development in the market, regulations, product feature improvement, operational risk management guidelines and answering relevant query. Keeping all product notes/process notes, up To TILL and participate in meetings with Compliance, Risk, Operations and Technology. ICICI Bank Ltd. Ahmedabad, Gujarat 2003, Aug. - Jan 2008 Regional Manager, Product and Client Relationship (March 07-onwards) Responsible for starting and growing Product and Client Relationship Management Group Team from Ground to its present level of success in Relationship Building and success in client retention. Add fresh business from existing clients in Cash Management Services, Trade Services, Loans and quantum jump in current account liabilities. Oversee the Regional level Planning. Team Building and operational oversight of the Groups Business and Operations in order to provide streamlined operations reduced operating costs, and greater profitability.

Previous :

Manager, WAY2WEALTH Securities Pvt. Ltd.

Worked from 2000 to 2011

Brief summary :

Total work experience of 5+ years. Presently working as Manager in Metlife Insurance Co. (since Nov.2002) and responsible for Recruitment, Training and Mentoring of the Sales Team in the Insurance Co. and continually guide them about the acceptable Risks that can be underwritten by them and achieving sales targets for policies placed. Worked with WAY2WEALTH Securities Pvt. Ltd. as Manager- Branch Development(from March 2000 till May2002) for the Investment Banking Company. I joined this company when it began its operations in the Northern region and started from scratch and therefore got the opportunity to establish the entire system right from putting up of hardware and training on software and formulating MIS reports for the Management. Job responsibilities Managing operations of the Branch Stock Broking Business including Monitoring of Gross Trading Exposures given to clients, Finalization of Stock Pay-in and Pay-outs, Cash Pay-in and Pay-out, Generation of Daily/Weekly and Monthly MIS in a thoroughly computerized environment. Finalization of all cheques (Margin Payments) and documents received from clients and given out to clients reconciliation of accounts and exercising control on all financial transactions with focus on collections. Processing of client request for extended exposures, Financial Plans and advising on his investment requirements through Equity Research (Technical Analysis) and portfolio management. Training and motivation of staff (Presently handling a team size of 8 in stock trading and coordinating with a team of 9 members in insurance team) to handle the above especially development of Pay-in and Pay-out reports and MIS generation. Ensuring compliance of all regulatory standards and company policies at all times. I am an IRDA qualified insurance agent for ICICI Prudential Life Insurance Company and own complete responsibility of the relationship of Way2Wealth with the Life insurance Company. This includes training the sales staff about ICICI Pru Policies and at times helping them to make customer presentations and solve queries of customers. This also includes scrutinizing all proposals for Life Insurance collected by Way2Wealth team, conducting training for the sales staff, follow-up with the company regarding pending policies, follow-ups regarding Medical Check-ups required to be done problem solving for customer/sales staff. Internal coordination to meet the Investor/corporate/agents specific needs and problem solving.

Previous :

Area Solution Manager, /Cluster Head Business Banking
Lucknow

Worked from 2003 to 2007

Brief summary :

Interface with Other Groups and large clients to develop and maintain organizational strategies, operational efficiencies, and proposals for increasing efficiency and improving profitability. Origination and implementation of new product development ideas, cost cutting, operational risk management and compliance improvement measures. Area Solution Manager/Cluster Head, Business Banking ( Aug 03 to March 07) Acted as Cluster Head in Lucknow, UP for Relationship acquisition team of the Business Banking Group to help the team in rapid growth in acquisition of current account liability, Trade and CMS customers.

Previous :

Area Solution Manager, METLIFE Life Insurance Company Limited
Delhi

Worked from 2002 to 2003

Brief summary :

Active participation in acquisition of Loans and Working Capital finance customers. Preparation of Appraisal Notes, Interaction with Risk and Credit approving committee. Previously, instrumental in direct acquisitions of customers for Trade and Credit as Area Solution Manager in Business Banking Group at Delhi (North). Good experience in Credit origination, appraisal and credit delivery for working capital, term loans and trade finance products. METLIFE Life Insurance Company Limited Delhi ( July 02-Aug.03) Develop marketing plans to Target the High Net Worth Individuals for sales of Life Insurance Products. Recruitment and Training of Agents and ensure achievement of Sales Target. Managing Relationship with Underwriting, Service agencies, promotion agencies and recruitment consultants. WAY2WEALTH Securities Pvt. Limited Delhi (July 98 - Aug. 03) Develop marketing plans to Target the High Net Worth Individuals for sales of Investment Products Like Investments in Capital Market (viz .Stock and Derivatives), Mutual Funds, Insurance. Knowledge of Analysis of Equity (Fundamental Analysis), Derivatives and Mutual Fund Performances.

Previous :

Sales Officer, Godfrey Phillips Ltd.
India

Worked from 1998 to 2000

Brief summary :

Over all management of the branch as an independent profit center. Previously worked with Godfrey Phillips India Ltd. as Sales Officer (from Jan 98 to March 2000). Job responsibilities Was involved in Channel Management including handling Distributors and their sales force, territory planning and work allocation, and field sales promotion activities. Management of collections of sales proceeds and ensuring timely payments of company dues. Was involved in GPI-Renoir Project; a process for implementation and training for new method of working of the entire sales staff and simultaneously a new MIS implementation, which enabled management to have all related information on computers. I was trained to be a trainer to train fellow sales officers, distributors and sales and promotion staff in the above project and led implementation in most of Western UP Region

Previous :

Marketing Executive, M Communications Pvt. Ltd.

Worked from 1997 to 1998

Brief summary :

Also looked after launch of new products/brands. Worked with A and M Communications Pvt. Ltd. for the Talking Yellow Pages Business of the Company as Marketing Executive ( Jan1997 - Jan1998). Job involved making sales presentations to small and mid-sized corporate and individual entrepreneurs.

Previous :

Godfrey Phillips Limited
India

Worked from 1997 to 1998

Brief summary :

Training and Managing Branch Staff and Achieving Targeted Business. Coordination with Back office for secondary Market customers. Godfrey Phillips India Limited Delhi/UP ( Jan 97 - July 98)

Amit's Education

Institute Of Management Technology (IMT), Ghaziabad
MBA/PGDM
India
From 2000 to 2002
Brief summary :

PG Diploma in Business Management with Finance & Marketing

Institute Of Management Technology (IMT), Ghaziabad
MBA/PGDM
India
From 2000 to 2002
Brief summary :

PG Diploma in Business Management with Finance & Marketing

 
 
 
 
Amit's communities
Marketing & Branding
13790 members, 310 jobs, 765 articles, 308 questions, 961 debates, 382 idea contests.
Institute of Management & Technology, Ghaziabad (IMT)
1029 members, 77 jobs, 104 articles, 7 questions, 19 debates, 9 idea contests.
Trade finance
926 members, 7 jobs, 64 articles, 24 questions, 19 debates, 5 idea contests.
Amit's contributions
Kindly click he link to get to a generic but useful assessment of business environment in India that is not taught in the B-Schools but is a daily rigour for Entreprenures in India. http://www.scribd.com/doc/57115930/An-Assessment-of-Business-Env...
The Indian Economy is in a stage of flux. The statistical growth figures produced by the Government, tries to project that everything is hunky-dory. India’s GDP growth is likely to be above 8 percent, its non-urban (Semi-urban rural) areas are...
 
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