Karan Bhatia

Karan Bhatia Email and Phone Number

Assist Coach (Secondement) @ Westpac
Adelaide, SA, AU
Karan Bhatia's Location
Adelaide, South Australia, Australia, Australia
About Karan Bhatia

As a Consultant - Hardship & Collections at Westpac, I assist customers facing financial hardships, providing support and solutions through hardship programs. I compassionately negotiate, establish, and monitor realistic repayment plans, while ensuring compliance with regulatory and ethical standards. I also evaluate credit risk, propose mitigation strategies, and collaborate with cross-functional teams to enhance customer experience and retention.I have a strong background in international banking, with over four years of experience as a Senior Trade Finance Officer at State Bank of India Australia. I excelled in facilitating seamless trade transactions and optimizing financial operations for global businesses. I managed trade finance portfolios, verified and authorized documents, conducted due diligence and compliance checks, and coordinated with treasury and other departments. I have a Bachelor's Degree in Finance from S P Jain School of Global Management, and multiple certifications in AML, digital sales, and general advice on financial products and services. I am passionate about financial literacy, innovation, and customer satisfaction.

Karan Bhatia's Current Company Details
Westpac

Westpac

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Assist Coach (Secondement)
Adelaide, SA, AU
Website:
westpac.com.au
Employees:
15860
Karan Bhatia Work Experience Details
  • Westpac
    Assist Coach (Secondement)
    Westpac
    Adelaide, Sa, Au
  • Westpac
    Consultant - Financial Hardship & Collections
    Westpac Oct 2023 - Present
    Adelaide, South Australia, Australia
    • Compassionately assist customers facing financial hardships, determining eligibility and providing support through hardship programs.• Conduct negotiations, establish realistic repayment plans, and maintain meticulous records within compliance.• Evaluate credit risk, propose mitigation strategies, and collaborate with cross-functional teams.• Actively contribute to process improvement, offering feedback on procedures for enhanced efficiency.• Educate customers on financial literacy and collaborate with internal departments for cohesive customer support.• Generate reports, analyze KPIs, and stay updated on industry trends through ongoing training.
  • State Bank Of India Australia
    Senior Officer - Credit & Trade Finance
    State Bank Of India Australia Jul 2019 - Aug 2023
    Sydney, Australia
    • Verifying and authorizing documents presented by the beneficiaries of Trade transactions under Documentary Credit for Bill Negotiations, Bill Collections, Reimbursements, and Discounting facilities as per the terms and conditions of respective Letters of Credit & SBLCs.• Ensuring corporate loans are processed accurately within cut off times, as per AML /CTF controls.• Conducting necessary due diligence and compliance checks as per AML/CTF controls such as shipmentroutes/draught checks and sanctions check on the required parties in the transaction.• Coordinating with treasury department for estimated disbursals and receipt of payments expected onday-to-day basis.• Coordinating with Risk and Compliance department for monthly review meetings.• Facilitating Suppliers Credit/Export Finance, Buyers Credit/ Import Finance Transactions based onunderlying International trade transactions.• Preparing and analyzing performance reports for monthly/quarterly & yearly review by Head Office andevaluating reports for submission to regulators in Australia as well as in India (Reserve Bank of India).• Working closely with Trade Finance Manager(s) & Senior Management in optimizing Trade Financerevenues by conducting evaluation on the business booked on monthly basis and the yield earned on assets.• Providing Global Trade Finance Business perspective to the corporate clients of Australia representing SBISydney and offering Trade Finance services representing a broad range of lines of business offered by SBI Sydney and leverage on the expertise and comprehensive understanding of International Trade Business. Introducing the strengths of SBI Sydney as the largest Indian Bank having presence in 206 locations globally beyond India across different time zones and opportunities to develop solutions for International Trade business
  • State Bank Of India Australia
    Business Support Officer
    State Bank Of India Australia Mar 2019 - Jun 2019
    Sydney, Australia
    Working closely with the Operations department for cost effective marketing.Managing Facebook and Google Campaigns and timing them appropriately for maximum results.Working closely with the IT team and back-end support team with the automation for online and mobiles banking platform.Assisting with financial administration duties.Coordinating with third party service providers for cost effective marketing.
  • State Bank Of India Australia
    Business Intern
    State Bank Of India Australia Jun 2018 - Sep 2018
    Sydney, Australia
    Worked in collaboration with the Marketing Department to manage and build various advertisement campaignsBuilding reports for the Corporate Banking and Trade Finance DepartmentUnderstanding of Compliance Procedures
  • Emirates Nbd
    Wealth Management Intern
    Emirates Nbd Jul 2017 - Aug 2017
    Dubai, United Arab Emirates
    Conducting in-depth analysis on the Digital Banking Industry.Assisting the Wealth Management Operation Management with the roll out of their digital mobile and online banking platform. Prepared a full in depth report on Robo-Advisory Services highlighting the growth in the usage of the such services.
  • Gargash Enterprises
    Finance Intern
    Gargash Enterprises May 2016 - Jul 2016
    Dubai Emirate, United Arab Emirates
    Invoice Reconciliation against Purchase OrdersManaging Insurance of VehiclesManaging NL and Multiple accounts on Auto-Line SoftwareGeneral administration work

Karan Bhatia Education Details

Frequently Asked Questions about Karan Bhatia

What company does Karan Bhatia work for?

Karan Bhatia works for Westpac

What is Karan Bhatia's role at the current company?

Karan Bhatia's current role is Assist Coach (Secondement).

What schools did Karan Bhatia attend?

Karan Bhatia attended S P Jain School Of Global Management, Delhi Public School - Jaipur.

Who are Karan Bhatia's colleagues?

Karan Bhatia's colleagues are Brett Gallagher, Monika Mickoska, Melanie Pfeiler (Mba, Ca, Bacc, Bbus (Mgt)), Francis Gearhey, Tara Mc Groarty, Abhijit Roy, Cameron Beard.

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