Mohnish Patel Email & Phone Number

New York, New York, Us

• Building Products and Product Enhancement: Propelled exponential growth in Time Deposit (TD) products, transforming the portfolio from 15 TDs in 2022 to an outstanding 1000+ TDs in 2023, amplifying volume by $1 billion.o Implemented impactful enhancements, playing a crucial role in the substantial volume increase, showcasing a profound understanding of client needs and market dynamics.• Launched a new Certificate of Deposit (CD) Campaign and Reporting System: Conceptualized and executed a highly impactful CD campaign, securing 100+ net new clients and driving asset growth of $250 million.• Leadership and Strategic Initiatives: Orchestrated dynamic presentations to senior management for pivotal initiatives spanning product enhancements, campaigns, regulatory compliance, and streamlined report automation. • Strategic Training Initiatives and Cross-Functional Collaboration: Hosted comprehensive training sessions for 500+ Bankers, Relationship managers, Operations, and Service officers, ensuring seamless adoption of enhanced TD/CD products and fostering a thorough understanding of new features and functionalities.o Successfully collaborated with compliance and legal teams, ensuring alignment with regulatory requirements and legal standards throughout the product enhancement process.• Automated Reporting Systems and Process Optimization: Spearheaded the transition to an automated Tableau-based reporting system, significantly enhancing operational efficiency and resource utilization.o Strategically decommissioned manual reporting, realizing a 65% reduction in resource time.o Closed 10 self-identified audit issues within a year, demonstrating a proactive approach to risk management and a commitment to maintaining regulatory compliance and operational excellence.o Applied keen analytical skills to investigate and resolve a travel rule-related issue, effectively preventing an MRA (Matter Requiring Attention) during the audit.

Charlotte, Nc, Us

 Played an integral part in overcoming an MRA (matter requiring attention) issued by the OCC on the Bank’s highly regulated Third-Party Sender program. Proactively identified key risk issues that caused the MRA and managed the risk by implementing a brand-new reconciliation and testing model. Partnered with the sales teams to develop a plan to improve client relationships by actively identifying opportunities for TPS enhancements. Created a brand-new, user friendly Third-Party Sender roadmap and presented the deck to all of the TPS clients, which simplified the testing process and increased efficiency of the annual testing program by 50%. Assisted in launching the newest ACH product (Account Validation) and supported all stages of the roadmap from ideation, product implementation, competitive analysis, pricing strategy to sales pitches.  Prepared and executed the annual risk assessment of the ACH portfolio within Global Transaction Services by collaborating with internal stakeholders across sales, compliance, legal, operations and risk teams and presented the deck to the executive board. Led the charge to promote the Bank’s initiative of paper to electronic project by partnering with cross-functional stakeholders to conduct complex analytical research and simplifying it by preparing an end to end roadmap and translating that strategy into concrete plans.  Supported in on-boarding key ACH clients by conducting pro-forma analysis of the potential client’s performance, returns and various other internal metrics.  Actively participated in the Request for Proposal (RFP) and Request for Information (RFI) process for various ACH initiatives issued by the National Automated Clearing House Association (NACHA).  Subject Matter Expert within the team for any financial modeling, variance analysis and other technical needs to achieve business goals as needed.

New York, Ny, Us

 Provided complete oversight of the financial close process to deliver month-end results, the forecast for the remainder of the year, and the budget for future years. Created and presented financial decks to senior management that clearly articulated the financial story and strategy behind the actuals Assisted with the coordination and maintenance of AM Technology project portfolio and recurring financial forecasts working with key technology and finance stakeholders Performed variance analysis to understand the key drivers of the results and present commentary to FP&A managers and line of business CFOs explaining changes from prior forecasts/budgets. Played an integral part in the planning, budgeting and forecasting process at a detailed organization and account line level managing multiple views along with providing ad-hoc analysis as needed Worked on projects to drive global consistency and create synergies across the team. An example would be developing a new expense-forecasting tool.

New York, Ny, Us

 Direct day to day financial operations within a fast-paced environment with a focus on increasing productivity and operational efficiency levels Built a forecasting model for the revenue of Treasury Services through analyzing products & created a process to compare accruals versus actuals to analyze accrual accuracy of products Maintained a significant knowledge of P&L and balance sheet control standards while successfully resolving material variances between both the general ledger and upstream systems using SAP Managed multiple projects and deliverables simultaneously while ensuring all timelines are met. Analyzed the balance sheet for risk and control gaps through monthly account certification and quarterly substantiation. Trained and developed a team of 2-4 interns and set their monthly priorities for key areas to focus on

New York, Ny, Us

• Coordinated accounting logistics within the organization which centered on analyzing financial statements and reviewing documentation related to fraud investigations • Obtained and analyzed large sets of financial documents, utilized Microsoft Excel to identify fraudulent transactions, and assessed the economic damage related to fraud cases • Oversaw due diligence operations which required creating investigative profiles which allowed for the creation of defenses related to litigation preparation • Successfully identified a fraudulent $1MM loan due to the identification of a 5-year timeline which tracked several bank account transactions/histories

Ch

• Utilized Excel to track and monitor invoices, reports and automated monthly reporting process utilizing V-Lookups and Pivot Tables to increase efficiency by 25%• Prepared various reclassifying and accrual entries as requested by the Financial Analyst and the AVP of the IT-Finance team• Assisted with financial analysis, forecasting and monthly closing process• Expedited the research and coding process of all IBM expenses• Collaborated with teams in India and London to make sure all invoices were accurately coded and validated against appropriate budget• Supplied the AVP with duplicate invoice discrepancies saving the company thousands of dollars• Reviewed, updated and approved accuracy of monthly Contractor Aging Report and sent it to the AVP

Philadelphia, Pa, Us

• Administered daily accounting support for bank reconciliations• Aided in processing AR transactions such as cash deposits• Investigated client billing discrepancies and related follow up• Supplied AP transactions including vendor bill posting and payments weekly to the CFO• Recorded and posted monthly journal entries and documented critical data transactions for the 2013 annual report and financial statements using Quickbooks

Dallas, Tx, Us

• Collaborated with the manager in managing and supervising the overall operation of gas station• Performed all purchasing and inventory duties for convenience store alongside the manager• Handled all sales transactions, prepared sales reports daily and bank deposits• Experienced in inventory control and also recommended and selected out-of-stock products based on customer requests

Bachelor'S Degree, Finance, General

Bachelor Of Business Administration (B.B.A.), Finance