VS
Message

Vasanthakumar S

With 10 years of experience in the banking sector, specializing in Corporate internet banking, depository operations, Cheque Clearing & CMS, I have worked with top banks in India of varying sizes and natures. I am a versatile team player with strong communication and analytical skills, constantly seeking self-improvement while contributing to the overall growth of the firm. My expertise lies in delivering exceptional results in a dynamic environment.

Key Skills

Knowledge of bank standards and processes
Team player with excellent analytical and interpersonal skills
Proficient in Microsoft Office (Excel, Word, Outlook& PowerPoint)
Outstanding organizational, Project management and time management skills

Professional Experience

Dec 2022
Present
Manager – Corporate Internet Banking Operations
HDFC Bank Ltd Chennai, IN
  • Handled South location (Karnataka, Andhra, Kerala and Chennai )onboarding of corporate clients by creating domain IDs and user profiles on HDFC Banks corporate banking platforms (NetBanking, CMS). 
  • Enabled clients to make all types of digital payments like RTGS, NEFT, IMPS, TAX, EPI, GST, CBTD, Cheque Printing, DD Printing, and bulk uploads for salary and vendor payments using a single application. 
  • Managed user access rights, including role-based permissions, transaction limits, profile changes, and approval setups. 
  • Processed domain updates and access changes for existing clients, ensuring smooth and uninterrupted operations. 
  • Worked closely with Relationship Managers and clients to provide customized digital banking solutions. 
  •  Ensured all activities followed RBI guidelines and internal compliance policies with high focus on data security and operational risk control. 
  •  Resolved issues related to login access, transaction errors, and domain problems within defined turnaround times. 
  •  Coordinated with IT and product teams for system improvements and technical issue resolution. 
  •  Maintained proper documentation and audit trails for all user and domain-related activities. 
Feb 2020
Dec 2022
Deputy Manager - Depository Operations
HDFC Bank Ltd Chennai, IN
 
  • Managing HDFC Bank Depository Operation in Tamil Nadu location for DIS Off market, Market, inter depository transactions, and Pledge Slip Processing.
  • Handling Dematerialization, Rematerialisation, Repurchase request, MF Redemption, Issuance of loose Slip, Closure of demat account
  • Processing all account modification requests, CSGL deals, and resolved Holding and Transaction statement related complaints
  • Giving solution for NSDL and CDSL regulatory related complaints, Speedy and Easiest request, Trading account and Nomination related complaints
  • Managing demt account Transmission Death Claim, KYC KRA related complaints, Account freeze and Unfreeze complaints.
Jan 2017
Feb 2020
Deputy Manager - Cheque Clearing and CMS Operation
Kotak Mahindra Bank Chennai, IN
  • Managed cheque clearing operations, including processing, verification, and reconciliation of inward and outward cheques.
  • Utilized CMS products to streamline cheque clearing processes and improve efficiency and accuracy.
  • Oversaw daily cheque transactions, ensuring compliance with regulatory requirements and internal policies.
  • Collaborated with cross-functional teams to resolve issues and enhance cheque clearing operations.
  • Trained and mentored team members on cheque clearing procedures and CMS products to improve overall department performance.
Aug 2015
Feb 2017
Officer - NACH / ECS
Standard Chartered Bank Chennai, IN
  •  Led the NACH CTS operations team, ensuring smooth processing and reconciliation of transactions
  •  Authored and implemented transaction authorization procedures to ensure compliance with regulatory requirements
  •  Developed new processes for NACH products and created Standard Operating Procedures for seamless implementation
  •  Managed API based e-Mandates with vendors, ensuring timely and accurate authorization of transactions
  •  Facilitated vendor onboarding and prepared Master Service Agreements to establish clear terms and responsibilities
Aug 2013
Sep 2015
Jr Officer processing Analyst - CMS Operations
ADFC Private Limited subsidiary of HDFC Bank ltd. Chennai, IN

  • Processed cheque clearing operations, verifying signatures, dates, and amounts to ensure accuracy and compliance with banking regulations.
  • Handled high volume of transactions efficiently and accurately, reducing errors and improving overall efficiency of operations.
  • Provided exceptional customer service by resolving any issues or discrepancies related to cash management services and cheque clearing processes.
  • Collaborated with internal teams to streamline processes and implement best practices for cash management and cheque clearing operations.

Education

May 2013
May 2015
MBA in Financial Management
University of Madras
May 2010
May 2013
B.Com in General Commerce
Ramakrishna Mission Vivekananda College
May 2008
May 2010
H.S.C in Dhanalakshmi Higher Secondry School
State Board
May 2007
May 2008
S.S.C in K C Sankaralinga Nadar Higher Secondry School
State Board

Certifications

2023
NISM - Depository Operations
National Institute of Securities Markets

Achievements

2024
Make Us Proud, Performance Excellent & Most Wanted
Being awarded the Most Wanted award in Kotak Mahindra Bank, the You Make Us Proud award in Standard Chartered Bank, and the Performance Excellent award in HDFC Bank truly showcases my dedication, expertise, and exceptional skills in my role. These recognitions motivate me to continue excelling and pushing boundaries in my professional career.

Languages

Tamil
(Native)
English
(Fluent)

Career Aspiration

In the next 3 years, I aim to become a subject matter expert in my field, take on more leadership roles, and make valuable contributions to my organization's success. I also plan to network with organization management peers and expand my knowledge base to excel in my career.

Get in touch with Vasanthakumar