Summary
Overview
Work History
Education
Skills
Certification
Websites
Languages
Personal Information
Timeline
Generic
Koshy Thomas

Koshy Thomas

Dubai

Summary

Dynamic Senior Executive with extensive experience in operations and cash management at Unimoni Exchange LLC. Proven track record in optimizing liquidity and enhancing compliance through strategic risk management. Skilled in foreign exchange trading and customer service, adept at building strong relationships and driving business growth.

Overview

13
13
years of professional experience
1
1
Certification

Work History

Senior Executive -Operations and Cash Management

Unimoni Exchange LLC
Dubai
04.2024 - Current
  • The Executive Operations & Cash Management Treasurer is responsible for overseeing the day-to-day operations of the exchange house, ensuring efficient cash management, and maintaining compliance with local regulations. This role requires a strong understanding of foreign exchange operations, risk management, and financial reporting.
  • Operations Management: Oversee the daily operations of the exchange house, including revenue, customer service, foreign exchange transactions, cash handling and overall finances of an organization.
  • Ensure compliance with all relevant local and international regulations, such as the Central Bank of the UAE's regulations.
  • Cash Management: Develop and implement effective cash management strategies to optimize liquidity and minimize risks.
  • Monitor cash flows, reconcile bank accounts, and ensure accurate record-keeping.
  • Manage relationships with banks and other financial institutions.
  • Risk Management: Identify, assess, and mitigate operational, financial, and compliance risks.
  • Develop and implement risk management policies and procedures.
  • Monitor market trends and economic indicators to assess their impact on the exchange house's operations.
  • Financial Reporting: Prepare accurate and timely financial reports, including profit and loss statements, balance sheets, and cash flow statements.
  • Ensure compliance with financial reporting standards and regulations.
  • Compliance: Ensure that the exchange house complies with all relevant anti-money laundering (AML) and counter-terrorism financing (CTF) regulations.
  • Conduct regular compliance reviews and audits.

Area Sales Manager

Pay Remit Electronics Trading LLC
Dubai
04.2022 - 03.2024
  • Design and implement a strategic business plan that expands company's customer base and ensure its strong presence.
  • Established and cultivated solid business relationships with new or existing customers and retailers.
  • Achieve sales goals and service targets by cultivating and securing new customer relationships.
  • Evaluate performance against goals and Implement appropriate development plans.
  • Enhanced profitability by developing pipelines utilizing marketing and sales strategies.
  • Using relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards.
  • Responsible for making all collection according to set terms given to each client.
  • Collaborated with upper management to implement continuous improvements and exceed team goals.

Operations Supervisor

UAE Exchange Center LLC
Dubai
09.2015 - 08.2022
  • Monitoring and funding of cash balance (both local and foreign) and monitoring foreign exchange rates.
  • Establish, Develop and maintaining a good relationship with corporate and individual customers.
  • Cross sell products and services including new launches and explain to customers the product features, advantages and benefits.
  • Acting accounting officer by maintaining accounting records, Reconciliation, Journal Entry, Ageing Debts, Posting Vouchers.
  • Cheque entries and releasing transactions after verification of clearance, Internal Auditing.
  • Doing WPS - Smart pay Registration, SIF Creation, SIF uploading, Salary Release, Salary Refund, Salary Statement.
  • Assessment of operation risks and recommendation on mitigating those risks, maintaining record and files related to branch running.
  • Coordinate with all support departments including HR facility management, central operations treasury bank notes, smart pay etc. to ensure smooth performance of business.
  • Using relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards.

FC Cashier

UAE Exchange Center LLC
Dubai
05.2012 - 09.2015
  • Handling role of Assistant customer service, Retail Sales & Service, Foreign Currency and AED Cashier.
  • Handling the different kinds of remittance transaction to various countries.
  • Handling foreign currency and Local currency.
  • Processing Foreign Currency deals, SWIFT transaction, branch operation, dealing with corporate customers.
  • Find out customer requirements and suggest the best option for their convenience.

Education

Bachelor of Tourism - Studies

MG University, St. Thomas College
Ranni, Kerala, India
01.2010

Skills

Treasury & Liquidity Management
- Foreign Exchange (Forex) Trading & Rate Management

- Remittance Dealing & Transaction Processing
- Cash Flow Forecasting & Funding
- Vendor Payment Processing & Approvals
- Correspondent Banking & MTO Relationship Management
- UAE FTS, CIT, SWIFT & NEFT, RTGS, IMPS, EFTs Operations
- Reconciliation, MIS & Regulatory Reporting
- Risk Management, AML & CBUAE Compliance

- Decision-Making & Risk Management

- Customer Service, AML, KYC & Compliance

- Problem Solving, Strategic Thinking

Certification

  • IATA/FIATA Cargo Introductory Course, In House Aviation, Cochin
  • IATA/UFTAA Consultant, In House Aviation, Cochin
  • IATA/FIATA Dangerous Goods Regulations, In House Aviation, Cochin

Websites

Languages

  • English
  • Hindi
  • Malayalam
  • Tamil

Personal Information

Nationality: Indian

Timeline

Senior Executive -Operations and Cash Management

Unimoni Exchange LLC
04.2024 - Current

Area Sales Manager

Pay Remit Electronics Trading LLC
04.2022 - 03.2024

Operations Supervisor

UAE Exchange Center LLC
09.2015 - 08.2022

FC Cashier

UAE Exchange Center LLC
05.2012 - 09.2015

Bachelor of Tourism - Studies

MG University, St. Thomas College

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