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Sareena Anchu Kandathil

Sareena Anchu Kandathil

Head of Trade Finance and Operations

Banking / Loans

London, Greater London

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About Sareena Anchu Kandathil:

Head of Trade Finance and Operations with over 11+ years of successful experience in various areas of Banking and Finance.
Recognized consistently for performance excellence and contributions to success in Banking industry. Strengths in Management
and Decision Making backed by training and certifications from reputed institutions.

Experience

2021-04 – 2022-03 

Chief Manager - Credit

Bank of Baroda, Chennai, Tamil Nadu

  • Evaluated existing operations and current market trends to identify necessary improvements and capitalize on changes.
  • Coordinated all stakeholders by interacting effectively and establishing communication best practices.
  • Reviewed established policies and procedures to take on temporary leadership positions, motivate employees and facilitate smooth branch operations.

 

2016-09 - 2021-04 

Head of Trade Finance and Operations

Bank of Baroda, London, England

 

  • Extensive knowledge on products and procedures of all life cycle events of Letter of Credit (Import/Export-Issue, confirm, advise, amend, acceptance, discount, payment, Checking of Documents) and collections (import/export, clean/documentary, remit, present, acceptance and payment).
  • Final scrutiny of documents and finalizing of discrepancies if any under the Import/Confirmed LCs; Document Checking for Export Discounting and Negotiation.
  • Supervise and manage all GBP Remittance business (Correspondence Banking) and internal transaction bookings. (Trade finance, retail and corporate Banking, Bilateral and syndication Loan Transactions, and part of the treasury transactions)
  • Final verification of Treasury payments.
  • Timely reconciliation of correspondent Bank accounts.
  • Liaison with Correspondent Banks and clearing providers for smooth functioning of day-to-day operations
  • Supervise and ensure timely submission of MI data to various stake holders.
  • Manage relevant operational risks by monitoring limits of customers as well as counter party banks and report breaches and if necessary, raise an exception for approval.
  • Ensure all records are maintainedup to date with respect to trade finance, remittance business and operations department.
  • Complete KYC / Compliance check on all transaction and ensure necessary approvals are in place.
  • Providing training to team members on Process and procedures of Operations department, remittance business and Trade finance business such as LC issuance, Document Checking etc., providing training in Core Banking Solutions for creation of various SWIFT messages like MT 700, MT 710, MT 707, MT 760, MT 767, MT 799, MT 103, MT 202 etc.
  • Meticulous compliance of process/procedure of the bank & ensuring compliance to rules and regulations of the host country as well as home country pertaining to the transactions involving trade finance and forex.
  • Strong Command over Bank guarantee Issuance, amendment, and handling of invocation.
  • Sound Knowledge in Financial Crime & Transaction Monitoring
  • Proved successful working within tight deadlines and fast-paced atmosphere.
  • Managed team of 14 employees including 4 officers, overseeing hiring, training, and professional growth of employees.
2015-11 - 2016-09 

Senior Manager - Treasury and Forex Operations

Bank of Baroda, Mumbai, Maharashtra

  • Timely Reconciliation of major Nostro Accounts
  • Transferring unclaimed deposits to Central Bank and Reporting on FX positions on a monthly basis.
  • Guidance to 153 Branches spread across India on FX (Foreign Exchange) transactions
  • Mitigated risk by implementing internal controls and safeguards for revenues and expenditures.

 

 

2014-06 - 2015-11 

Manager - Credit Monitoring

Bank of Baroda, Chennai, Tamil Nadu

  • Monitoring of High value Advances and find out early warning signals of sickness with the help of various data and timely report to higher level management
  • Continuous monitoring of Quality of underlying assets and ensure data is consistent with facility agreements

 

2010-11 - 2014-06 

Head of Credit

Bank of Baroda, Coimbatore, Tamil Nadu

  • Handling a network of more than 100 branches across the state and member of the Credit Committee group.
  • Management and monitoring the flow of credit of the bank's branches across the region, work in collaboration with credit managers to define the strategic direction and design of extending good/quality credit.

 

2010-08 - 2010-11 

Specialist Officer – Credit

Bank of Baroda, Coimbatore, Tamil Nadu

  • Canvass for Retail & SME (Small and Medium Enterprise) Business Segments
  • Overall Management of Branch Operations

Education

2008-04 - 2010-04 

MBA: Finance And Marketing

School of Communication And Management Studies - Ernakulam, Kerala, India

 

2005-04 - 2008-04 

Bachelor of Science: Bio Technology

Calicut University - Kozhikode, Kerala, India

 

2018-10 Certificate for Documentary Credit Specialists (CDCS) - London Institute of Banking and Finance

 

2017-10 Certificate in International Trade and Finance (CITF) - London Institute of Banking and Finance

 

2015-07 Certificate course in Foreign Exchange - Indian Institute of Banking and Finance

2016-05

 

Certificate course in Foreign Exchange - Indian Institute of Banking and Finance

Certificate Course in Treasury Management with Bourse Game from National Institute of Bank Management – Pune, India

 

2013-02 CAIIB - Indian Institute of Banking and Finance

 

2011-08 JAIIB - Indian Institute of Banking and Finance

 

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