Kannan K

Background

About Kannan K

February 2009 to till date Deputy Manager, Indusind Bank Limited Bangalore. Responsible for branch cash operations, with daily cash turn over of 25 Lacs and 70-80 transactions a day along with the maintenance of the ATM and managing the branch cash retention level. Responsible for discharging transactions relating to outward clearing, issuance of Demand Drafts and Pay orders. Responsible for the reconciliation of the ATM transactions, Intra Branch mirror accounts, and suspense accounts with outstanding items cleared in 2 days time. Streamlined the branch operation processes by 12% and thus improving the SLA’s promised for the customers. Cross sold Insurance to the tune of 7.00 Lacs (Life Insurance business 5.00 lakhs and General Insurance 2.00 Lacs) Improved the deposit base to the tune of 5.00 Lacs. March 2007 to January 2009 Team Leader/ Executive, Royal Bank of Scotland Group RBS Chennai. Wholly responsible for Foreign Currency Cheque Collection (FCY – Collection) service unit. Streamlined service efficiencies by brining in process improvements, which effectively improved Turn around Times (TATs) and Service levels. Thus, bringing service improvements to a tune of 20%. Responsible for Nostro Reconciliation of 5 Currencies for each of the 7 International banks. Responsible for reporting Foreign currency realizations to the treasury desks for applying credits to the realized amounts. Managing a team of 30 members, with 6 direct reportees. Maintaining the CMS system processes that are essential for conducting day to day CMS operations. September – March 2007 Authorizer HDFC Bank Ltd (ADFC)- Cash Management Services, Chennai. Heads a team of six members and handles an average volume of cheques per day. Fully familiar with all operations with respect to outstation collections, local clearing collections, payments & bulk DD Payouts. May 1994 - August Assistant Manager: Empee Associates, Chennai.