Summary
Overview
Work history
Education
Skills
Certification
Languages
Timeline
GeneralManager
Sunil Ravikumar

Sunil Ravikumar

Dubai,United Arab Emirates

Summary

With 15 years of comprehensive banking expertise within the esteemed State Bank group, I have excelled in various domains, including Retail, Corporate Credit, Treasury, ALM, Risk Management, Stressed Asset Management, Cross Border Remittance, Retail Payment Systems and Compliance. Throughout my journey, I have held diverse roles across multiple geographies, both in operational and administrative capacities. Currently serving as the General Manager of a major remittance and money exchange company in the UAE, I bring unparalleled leadership and strategic acumen to the table.


As a highly skilled verbal and written communicator, I adeptly negotiate and establish mutually beneficial business agreements, fostering strong relationships along the way. My exceptional capabilities in quantitative analysis and client relations have consistently driven outstanding outcomes. Employing a meticulous, detail-oriented mindset, I deliver cost-saving evaluations that significantly impact the bottom line.


Renowned for thriving in simultaneous, high-pressure project environments, I consistently uphold professionalism and poise while achieving exceptional results. My proficiency in adapting to rapidly changing business climates allows me to stay ahead of the curve and leverage new procedures for enhanced operational efficiency.

Overview

14
14
years of professional experience
1
1
Certification

Work history

General Manager

City Exchange LLC
Dubai
08.2022 - Current
  • With 15 years of comprehensive banking expertise within the esteemed State Bank of India group (a Fortune 500 Company), I have excelled in various domains, including Retail, Corporate Credit, Treasury, ALM, Risk Management, Stressed Asset Management, Cross Border Remittance, Retail Payment Systems and Compliance
  • Throughout my journey, I have held diverse roles across multiple geographies, both in operational and administrative capacities
  • Currently serving as the General Manager of a major remittance and money exchange company in the UAE, I bring unparalleled leadership and strategic acumen to the table
  • As a highly skilled verbal and written communicator, I adeptly negotiate and establish mutually beneficial business agreements, fostering strong relationships along the way
  • My exceptional capabilities in quantitative analysis and client relations have consistently driven outstanding outcomes
  • Employing a meticulous, detail-oriented mindset, I deliver cost-saving evaluations that significantly impact the bottom line
  • Renowned for thriving in simultaneous, high-pressure project environments, I consistently uphold professionalism and poise while achieving exceptional results
  • My proficiency in adapting to rapidly changing business climates allows me to stay ahead of the curve and leverage new procedures for enhanced operational efficiency
  • Core competencies include:
  • Risk Analysis | Credit Evaluation | Techno Economic Viability Studies | Treasury Operations | Compliance | Customer Service | Logistical Planning | Banking | Asset - Based Lending | Reasoning Exit Strategy | Researching | Training | Loan Servicing
  • Emirates
  • On-site
  • As the approved General Manager by the Central Bank of the UAE, I am entrusted with the responsibility of overseeing the business and operations of the Exchange House
  • Directly reporting to the Board of Directors, I play a pivotal role in managing the company's affairs
  • With a robust presence comprising 18 branches across the UAE, we have established ourselves as a leading player in the market
  • The following are my major achievements during the last ten months at the helm of affairs at City Exchange
  • Conducted a comprehensive assessment of the company's liquidity position, taking into account the nature, scale, and complexity of its operations, and proposed a restructuring of the business model
  • Implemented the revised business model, resulting in a reduction of capital by AED 25.00 MN, effectively doubling the owners' return on investment (ROI) and improving the bottom-line
  • This restructuring also led to a reduction in the Bank Guarantee requirement by AED 25.00 MN
  • Established direct partnerships with major financial institutions in South Asian corridors such as Pakistan, Bangladesh, Nepal, and Sri Lanka
  • Successfully forged collaborations with prominent Money Transfer Operators (MTOs) including Ria Money Transfer, Hello Paisa (Daytona Capital Group), EZ Remit (iFast Global Bank Group), U Remit International, e-SEWA Money Transfer, iPAY Remit, and others, within the initial six months of assuming leadership at City Exchange
  • Introduced services for facilitating utility bill payments, VAT, and GPSSA pension payments across all City Exchange branches
  • Strategically relocated underperforming branches to more advantageous locations, effectively curbing cumulative losses
  • Skillfully renegotiated major vendor contracts, including tenancy agreements, in favour of the company, resulting in approximately AED 1.00 MN in expense savings over the course of one year.

Chief Manager

State Bank of India
08.2009 - 07.2022
  • Accomplished the prestigious position of leading an SME-intensive branch at State Bank of India in Thrissur, boasting an impressive asset size exceeding INR 5,000 million
  • As a driving force behind the growth and triumph of the branch's Small and Medium Enterprises (SME) portfolio, I played a pivotal role in shaping its trajectory
  • Guiding a team of dedicated professionals, I took charge of cultivating meaningful relationships with SME clients, delivering unparalleled customer service, and surpassing ambitious business targets
  • Drawing upon my profound expertise in SME banking, strategic planning, and team management, I made a significant contribution to the overall triumph of both the branch and the esteemed institution it represents.

Education

Bachelor of Technology -

Science & Engineering - undefined

Diploma - International Banking & Finance

Indian Institute of Banking & Finance

Diploma - Wealth Management

Indian Institute of Banking & Finance

BTech - Computer Science

Model Engineering College

IRDA Certified insurance facilitator Moody's CCC NSE Certification in Depository Operations Module - undefined

Indian Institute of Banking & Finance

B.TECH - Computer Science & Engineering

Model Engineering College
2008

Skills

  • Business development
  • Effective leader
  • Client relations
  • Stakeholder relations
  • Goal Attainment
  • Consistently meet goals
  • Organised and efficient
  • Employee development
  • Exceptional interpersonal communication
  • Cross-functional team management
  • Relationship building
  • Networking abilities
  • Coaching and mentoring
  • Budget governance
  • Leadership and team building
  • Human resources management
  • Computer-savvy
  • Financial management
  • Skilled negotiator
  • Vendor relationships

Certification

CMS HSS, Trichur 2002 CERTIFICATIONS CERTIFICATIONS Certified Anti-Money Laundering Specialist ACAMS 2018 COURSEWORK COURSEWORK Certified Information System Banker by Indian Institute of Banking & Finance Certification in AML - KYC by Indian Institute of Banking & Finance Certification in Customer Service, Banking Codes and Standards by Indian Institute of Banking & Finance Certification in Project Finance by Indian Institute of Banking & Finance & IFMR, Chennai. Certification in SME Finance by Indian Institute of Banking & Finance Certification in Trade Finance by Indian Institute of Banking & Finance. Certified Anti-Money Laundering Specialist, ACAMS Certified Credit Officer, IIBF Certified Treasury Dealer, IIBF Certified associate of Indian Institute of Banking & Finance.

Languages

English
Fluent
Hindi
Fluent
Malayalam
Native

Timeline

General Manager

City Exchange LLC
08.2022 - Current

Chief Manager

State Bank of India
08.2009 - 07.2022

Bachelor of Technology -

Science & Engineering - undefined

Diploma - International Banking & Finance

Indian Institute of Banking & Finance

Diploma - Wealth Management

Indian Institute of Banking & Finance

BTech - Computer Science

Model Engineering College

IRDA Certified insurance facilitator Moody's CCC NSE Certification in Depository Operations Module - undefined

Indian Institute of Banking & Finance

B.TECH - Computer Science & Engineering

Model Engineering College
Sunil Ravikumar