DURGESH RAMDAS TAWARE

(MBA - Finance)

Professional synopsis

** + years of total experience as Banker in consumer bank and Operation banking and worked at operational and branch level and has knowledge and experience of Cash Management Services banking.

Career Objective

To work in a competitive and dynamic environment to face challenges and make strong contribution with professional attitude; where my qualification can be utilized effectively to contribute to the present and future goals of the organization. To understand a career that utilizes my experience gained in the banking industries that provide scope for challenges, initiatives and self – fulfillment. Skill Sets

Strong capability as an Internal and External Auditor with primary behavior, compliant, orderly & logical

Ethical and professional when dealing with confidential information

Flexible and able to quickly adapt to new environment and culture

Can work under pressure and meet deadlines

Capable of working independently as well as part of a team

Ability to think outside the square and take initiatives

Effective oral and written communication skills

Well-developed problem solving and analytical skills

Having multi-tasking attitude

Work Experience

Kotak Mahindra Bank Ltd, Pune

Tenure: 27

th

April 2018 – 21

st

May 2021

Position: Deputy Manager

Department: LCC (Local Clearing Centre)

Monitoring process of Outward clearing presentation, CTS scanning Data entry & CTS verification ensuring that to finish within deadline

Checking High Value Cheque Transactions 10 lakhs & 50 lakhs above reporting the same to senior for dual checking & for extra precautions sending caution mail to drawee bank for technical discrepancy & taking H/V issuance Confirmation from respective branches for the same to track fraud & maintain audit control points

Checking call back of Outward presented cheques with HOCDL reports & highlight the errors for rectification on same day this help to avoid financial loses to bank Financial or Non-financial transactions

Reconciliation of GL Suspense Account with finacle system & batch closing at the time of EOD

Authorizing internal Transfer Cheque & checking Debits as well as credits maintaining proper control as per audits point of view (Technical, Signature verification & referrals)

Track on CDK machine cheques that receive from various Branches & checking with CDK reports supposed to tally & authorized with physical instruments to avoid wrong processing

Taking care of end to end outward cheques return process & tracking for Outward returns to Customer/Branches & Discrepancy cheques as well

Holding Custodianship for FRFC cupboard, Branch lockers, Branch Main door keys as Custodian 1 with dual control & maintain Staff Signatory, Key Register properly

Highlighting, identifying errors & Answering to clearing related Quires without any escalation

Circulating errors, clearing discrepancies to all related branches & senior Management for smooth & easy processing

Implementation of 5S audit process & Key control points for systematic, record keeping, smoothly functioning day to day activities HDFC Bank Ltd, Pune

Tenure: 15th January 2014 till 25th April, 2018

Position: Assistant Manager

Currency chest working on deputy for 2 months cash handled

Maintain accuracy in the cash holding. Check every bundle coming into the vault. Understand future requirement of cash accurately vis--vis existing stock

Cash sorting on First in-First out basis. Keeping checks on unsorted cash. Send soiled notes to RBI frequently and check accumulation

Check security aspects of the vault and raise the concerns to seniors. Clear understanding of RBI regulation in respect of vault operations and stick-to-it attitude

Conduct withdrawal of cash for remitting to Retail branches and vaulting of received cash. Maintain vault as per laid down procedures of the bank as well as RBI guidelines

To maintain the TAT for sorting of cash as well as issuance of cash to branches on first in first out basis.

Department: “Cash Management Services - Disbursement” Team: “Payouts”

Ensuring the processing is done as per the agreed “Turn Around Time”

Checking and authorizing entries (debit and credit to customer account and GL Suspense account) for the issuances and charges to be deducted for payouts

Daily monitoring and reconciliation of the disbursement suspense account

Timely resolution of client queries pertaining to non–receipt of payouts, DD

Resolving excess/wrong/short credit queries before specified TAT

Branch cancellation activities and Central “cancellation and stop payment” of DD/payout as per process

Follow up with new branches and setup / maintenance in the relevant systems

Implementing new procedures for error free and timely processing of payouts

Preparing daily MIS, sending to the branches and resolution of branch queries

Handling Audit activities and making random checks

Preparation of Monthly MIS and sending to the higher Management for analysis

Ensure holiday is marked for locations in system Admin & Vendor Management

Manage relationship with the Third Party vendors and microscopic monitoring of the potential vendor risks.

Due Diligence checks, Business case preparation and Risk evaluation of vendors to ensure continuity in business.

Ensure implementation of the encryption tools involving all communication with third party vendors

Audit the activities of the Vendor to ensure that there is no operational risk exposure to the bank.

Adherence to information classification and monitoring of third party vendors to ensure compliance.

Frequently scout for alternative cost effective & customer friendly payment acceptance techniques in conjunction with Vendor Management Unit

Management of office equipment’s & stationary based on department requirement

Maintaining a clean and enjoyable working environment

Handling external or internal communication or management system

Managing clerical or others administrative staff members

Organizing,arranging and outgoing post

Scheduling Interview and taking care of recruitment list of joining document to HR department

Arrangement of VC booking with the support of IT Team

Maintaining Petty Cash book keeping and incash the vouchers from various Departments

Taking care of infrastructure management and MSEB billing reconciliation on monthly basis

Arrangement of conference Meeting with fulfilling their official requirements

Maintaining Agencies MIS and reconcile data with Billing Letter attached supporting

Initiating the rechecked Bill into VBMS Billing System and submitting the same once approved

CCTV Camera control and parking Management & First add Box Distributions.

Security and Housekeeping management

Reconciliation of internals suspense account and maintaining books of records

Filling Diesel into DG Genset and maintaining balancing book to update

Facility Management & Arrangement of programs like Blood Camp, Tree Plantation etc.

Vendor Agreement and AMC renewals

Making travel arrangement such as booking flights, cars & making hotel & Restaurant reservations

Reconciliation

Monitor and reconcile all suspense accounts on a daily Basis

Adherence to all procedures listed in the FIM/BIM with respect to the suspense Balancing

Audit

Complete review is carried on all aspects of Vendor management as outlined in the VMU Guide

Cross functional Audits are also carried out for Third Party Vendors for other units in Service Delivery on account of the Regional presence

Lapses any if identified during the Audit are highlighted and rectification steps are initiated and timely updates are provided to the stake holders till the closure of the exception.

Standard Chartered Bank

Tenure: 9

th

August, 2005 to 13

th

January, 2014

Position: Senior Operation Officer

Inward / Outward Clearing Department

Monitoring the upload of Reserve bank of India clearing files for auto debits, checking for proper debits by presenting bank & receipt of all cheques from RBI, technical verification & signature verification of inward cheques

Monitoring the posting of outward clearing. Outward returns posting. Handling clearing differences

Monitoring the download of Reserve bank of India Clearing files for Non-fort MICR returns, checking for proper debits by debiting bank and receipt of all cheques from RBI

Credit card Department

Technical and signature verification of credit card instruments. Handling queries from phone banking and others branches

Taking care of ODC Processing for Rajkot, Surat, Nagpur and Mumbai branches

Monitoring the E-card letter and URL recovery settlement letters received from Mumbai collection admin, collection of Indore admin and Bhopal admin collection Departments

Logistics Department

Processing the Account Opening Forms as per bank checklist and reviving the form through Fraud control Unit(FCU) Department

Reconciliation of cheque books, Debit cards & ATM cards

Reconciliation of funding cheque of AOF Forms

Internal services Department

Checking and reviving the branch as well as operation banking voucher as per audit requirement to avoid financial loss and maintain smooth functioning & control on unit.

Worked on Software

CT-DOS – developed by IBM (software for inward clearing)

Samashodhan – developed by kores (Software for inward & outward clearing)

E-BRANCH – developed by standard chartered bank

CTS – Cheque truncation system approved by Reserve bank of India Achievements

Received 6 years completion certificate from standard chartered bank for being good relationship as good staff member and participating for building goodwill with other bank members

Received error less certificate for processing operation huge volume at the month end without mistake and according to process note and maintaining the TAT limits

Received appreciation from the superiors for handling the operations smoothly during the merger of two banks – standard chartered bank and American express bank

Received appreciation letter for pointing out error & difference while posting. Education Qualification

o Master of business administration in Finance, University of Chennai with first class

o Bachelor of commerce, University of Mumbai with pass class o Higher Secondary certificate [HSC] Maharashtra Board with first class o Secondary School certificate [SSC] Maharashtra Board with second class Computer Knowledge

Operating Systems – Windows 2000

Microsoft Tools – Microsoft Office

Power point – layouts and paintings

Undergone ‘Know Your Customer’ and ‘Anti-Money Laundering’ training. Personal Details

• Date Of Birth :12th October, 1981

• Marital status : Married

• Nationality : Indian

• Hobbies : Reading, Listening music and playing chess

• Languages known : English, Hindi & Marathi

• E-mail Address : admv6z@r.postjobfree.com

• Mobile No : 996-***-**** / 836-***-****

• Residential address : Benkar Park View, Flat no -004, A Wing, 1st Floor, Ghatage Industrial Estate, Nanded Phata, Sinhagad Rd, Pune-41101

I hereby declare that the given information is true to the best of my knowledge and beliefs. DURGESH R TAWARE

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