Sujeesh Kumar Email & Phone Number

Kerala, India

Ernakulam, Kerala, India

Indusind Bank from January 2012 till date having experience in Fund Management of Nostro Accounts, Nostro /General Ledger Reconciliations and Trade & RemittanceDesignation: Manager Indusind Bank (Kakkanad branch, Kerala)Trade and Remittance- Trade and Non TradeProcessing of Inward and Outward TransactionsScrutiny of docs for inward and outward transactions Processing of Export and Import Bill LodgementChecking underlying docs for forward contract bookedChecking of Bill of Entry and export advance docs pending to be submitted and sending reminder to the customersIssuing of Bank GuaranteesTreasury Back Office/Risk and control (Mumbai)Responsibilities:Funding and managing balances of all Nostro Accounts on daily basis and co-ordination with various departments like Front Office, Interbank desk, Remittance department and branches.Covering the Cash and Tom position in all traded currencies and thereby reconfirming with the dealers. Reporting Liquidity Position and Nostro balances to Treasury Front Office and Management on timely basis.Giving Buy and Sell position for various currencies to Interbank dealer based on nostro balances.Reporting of Nostro balances to RBI on fortnightly basis.Preparation of Fund Flow StatementFunding of exchange houses Genrel Ledger and Nostro Reconciliation :Reconciliation of all G/L and Nostro accounts in Intellimatch system.Ensuring that all previous day’s Interbank deals have been settled correctly & all Merchant Outflows have been debited properlyEscalation of Unreconcilied entries to correspondent department or branches for Reconciliation.Resolution of queries of branches and various departmentReconciliation of Exchange Houses

Mumbai, Maharashtra, India

Forex :Daily Card rate maintenance & periodically updating it in system Confirmation of deals with counter party & settlements of deals using Swift & RTGS (Outright/ Cross Currency, forward & Swap Deals).Evaluation of Swap & Forward Deals on Month end as per the rates from FEDAI Follow up with different department for open entries in Nostro accounts. Preparing R-Return Data Bank Wide for all currency.Reconciliation’s of Nostro accounts Maintaining cordial relationship with other counter party Banks Remittance Non-Trade :Payment for Outward telegraphic transfer & Inward Telegraphic Transfer and other banking operationsVerifying the NEFT/RTGS and SWIFT messages related to RemittancesProcessing of all transactions relating to purchases of foreign currency cheques and purchase and issuance of Travelers cheques Issuing of FIRC’sHandling investigation related to remittancesIssuing of DD’s and Pay ordersFamiliar with handling Inward Remittances relating to Foreign Direct Investment(FDI) and further reporting’s to be done to RBI

Chennai, Tamil Nadu, India

Master Of Business Administration (Mba), Banking

Education record