Summary
Overview
Work History
Education
Skills
Certification
Languages
Timeline
Personal Details
Generic

Jenil Patel

Manama,13

Summary

Postgraduate in Business Management with 19 years’ experience in Banking. More than 16 years of experience in Trade Finance

Overview

19
19
years of professional experience
1
1
Certification

Work History

Senior Associate – Trade Finance and Supply Chain Middle Office Operations

BNP Paribas Bahrain
05.2019 - Current
  • Support trade finance operations with co-ordination and with the counters and Back office
  • Review policy changes, changes in trade finance guidelines, updates in AML/Sanctions guidelines, changes in local regulations, etc. and eventually implement changes by way of procedure update
  • Arrange and provide trading on trade finance operational changes and procedures
  • Regularly liaise with back office teams for optimization and efficiency in end to end process.
  • Review of operational incident and implement action plan
  • Support in fee claims and settlement with various stakeholders
  • Completely manage implementations for new projects, tools and process.
  • Periodic Procedure review and Procedure update
  • Management report, preparing presentations for management update.
  • Portfolio monitoring and P&L monitoring.
  • Monitoring income leakages.
  • Accounting Reconciliation and Related Certifications
  • Central Bank reporting for Trade Finance activities.
  • Review Service Level Agreements with Back Office
  • KPI and KRI monitoring workload assessment.
  • Handling all types of audit missions for the team from documentation to providing responses on queries raised by the Auditors.
  • Deployment of Connexis Supply Chain tool (FO and BO)
  • Deployment of OCR (AI) tool for document checking.
  • Implementations of ISO 20022 for SWIFT payments.
  • All Other operational tools

Manager – Change Management, Global Trade Finance Operations

BNP Paribas India Solutions Private Limited
02.2014 - Current
  • Handled Offshoring projects from onshore to offshore
  • As Project manager successfully completed the project within the given timelines.
  • Project involved end to end study of entire MO operations onshore at two locations (Bahrain and Dubai) within MEA region.
  • Based on the study prepare the recommendation for offshoring and present to management of MEA, head Office and Offshore Management.
  • Create Project Charter with weekly status update to management.
  • Present project planning with issues and risks identified on the project.
  • For the offshored task completely managed Procedure drafting, Workload assessment, Define and design 1st level and 2nd level controls.
  • As a SPOC for the entity in scope, participated in brainstorming sessions with all the entity SPOCs to review the end-to-end process and exchange best practices across various sites.
  • In the second phase of project drafted end to end process documents and defined the Target Operating Model with the help of external consultants.
  • Review and validate the procedure changes initiated by the stakeholders.
  • Issue a procedure change if required to bring in efficiency in the procedure.
  • Periodically review and update the Procedures with all the changes.
  • Review service levels with Management on an ongoing basis and recommend any enhancements required for better performance.
  • Assessment of the workload to arrive at a baseline that may be required to perform a given activity.
  • Help create the draft of the Risk based approached which is now adapted globally within the bank as Screening standards for Trade Transactions.
  • Deployment of Vessel screening tool.

Assistant Manager - Global trades Services Unit

ICICI Bank Ltd
05.2009 - Current
  • Scrutiny of Documents
  • Issuance of Documentary Credits, Inland and Foreign and check the workability aspect of the same.
  • Scrutiny of Documents received under the Letter of Credit with respect to Credit terms, UCPDC and ISBP and RBI guidelines.
  • Document Checking in line with LC terms.
  • Managing end to end transaction life cycle.
  • Vetting of Domestic and Foreign bank Guarantees.
  • Ensuring compliance of internal policies and look for onerous clauses in the guarantee.
  • Look at the overall workability aspect of the guarantee and compliance with acts governing banking operations.
  • Managing Guarantee fees via periodic claims and settlement.
  • Ensure delivery of the Letter of Credit and Bank Guarantees within the stipulated TAT.
  • Analyzing various processes and recommending process changes to initiate cost savings optimize resources and enhance operational efficiency.
  • Controlling process parameters to get optimum output, attain reduction in manual errors thereby avoiding customer issues and future loss to the company.
  • Suggesting Automation of the process there by reducing manpower requirement and elimination of spreadsheet based operations.
  • Handling Internal, Statuary and SOaX Audits for Letter of Credits and Bank Guarantee products for the department.
  • Training, developing and mentoring subordinates and team members on products, policies and process of the bank.

Assistant Manager - Rural MicroBanking and AgriBusiness Group

ICICI Bank Ltd
05.2006 - Current
  • Heading a Team of 8 people with below responsibilities
  • Entire Post Sanction activities for a Loan Portfolio for product Commodity Bases Finance which includes Loan Disbursement, documentation, repayments and release of security.
  • Monitoring the Commodity wise exposure to ensure it is within prescribed limit.
  • Monitoring margin against Loan portfolio and issuing the Margin call where value of Commodities depreciated.
  • Calculation of interest income for the entire portfolio and providing the yield on entire portfolio.
  • Assessing the non performing assets for the portfolio and quarterly reporting of the same.
  • Successfully contributed in the development of a system towards integration of finacle system with SFMS which is a electronic system for interbank communication for trade related messages, i.e. Letter of credits and other products.
  • Implementation of Online System for Internal customer Queries and Requirements, eliminating mail request and reduced TAT

Education

PGDBM - Finance & Marketing

Indira School of Management Studies
01.2006

B.Com - Financial accounting and Cost accounting

S. K. Somaiya College of Arts and Commerce
01.2003

Higher School Certificate - undefined

S. K. Somiya College of Arts and Commerce
01.2000

Secondary School Certificate - undefined

Hindi High School
01.1998

Skills

  • MS Word
  • Excel
  • PowerPoint
  • Visio

Certification

Successfully cleared Prince2 Foundation and Practitioner exams from AXELOS in Dec 2017


Cleared CDCS(Certified Documentary Credit Specialist) from the Institute of Financial Services UK in May, 2013.


Cleared Derivatives core module from NSE's Certification for Financial Market, 2003


Languages

English
Advanced (C1)
Hindi
Upper intermediate (B2)
Gujarati
Upper intermediate (B2)

Timeline

Senior Associate – Trade Finance and Supply Chain Middle Office Operations

BNP Paribas Bahrain
05.2019 - Current

Manager – Change Management, Global Trade Finance Operations

BNP Paribas India Solutions Private Limited
02.2014 - Current

Assistant Manager - Global trades Services Unit

ICICI Bank Ltd
05.2009 - Current

Assistant Manager - Rural MicroBanking and AgriBusiness Group

ICICI Bank Ltd
05.2006 - Current

B.Com - Financial accounting and Cost accounting

S. K. Somaiya College of Arts and Commerce

Higher School Certificate - undefined

S. K. Somiya College of Arts and Commerce

Secondary School Certificate - undefined

Hindi High School

PGDBM - Finance & Marketing

Indira School of Management Studies

Personal Details

Date of Birth: 1983-02-11

Nationality - Indian


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