Amol Deshpande
Pune
Summary
As a seasoned Treasury and Market Risk Professional, I bring a wealth of expertise in managing complex financial risks and strategies. My background encompasses a robust understanding of Liquidity Risk and Asset Liability Management, paired with a keen ability to conduct Treasury Internal Audit. I am well-versed in the intricacies of borrowing instruments, including Bonds, Certificates of Deposit (CDs), Commercial Papers (CP), and bank loan management. My proficiency extends to Investment Management, where I adeptly monitor risk limits and trading portfolios, while also establishing investment and borrowing trends to optimize cost-benefit outcomes. My experience is further complemented by a strong foundation in Management Information Systems (MIS), Audit, and Compliance, specifically within the Treasury sector. I possess a solid grasp of Treasury Accounting and have a proven track record in fund-raising through Bank Loans and Commercial Papers. My approach is characterized by a commitment to precision and excellence, ensuring that financial operations are executed with the utmost efficiency and compliance.
Overview
18
18
years of professional experience
Work History
Senior Lead - Market Risk , Treasury Operations (Team4-5)
Bajaj Finance Limited
02.2016 - Current
- Market Risk Role:
- Validation of the Stress testing models and impact of the same on Contingency funding plan
- Treasury internal audit – ALM, Liquidity , Transaction, processes and reporting
- Limit monitoring, portfolio analysis, interest rate risk and capital risk validation and management
- Analysis of data with respect to prematurity of deposits , asset & liability behavioral analysis and prepayment trends and duration gap analysis of ALM
- Liquidity coverage ration Independent preparation and validation of aspects in computation
- Ensuring adherence to regulatory guidelines with respect to ALM, liquidity risk and market risk
- Analyzing the risk & performance indicators and ranking of corporate mutual fund investment and recommending front office on necessary actions on the weak exposures on weekly basis
- Developing and circulating various reports like VAR, Sensitivity, simulation, basis point value, stress testing and back testing
- Periodic valuation of investment in Money market instruments i.e
- GSEC, SDL, TBILL, Mutual Fund and other instruments
- Regularly update of policies from Market risk point of view such as stress test, credit risk and liquidity risk
- Coordinate the production and distribution of daily/weekly/monthly risk reports to the trading desks, risk managers, and senior management
- Provide timely, accurate, and meaningful risk information to risk managers by maintaining data quality in the reporting system and utilizing system tools to control the accuracy of report results
- Treasury Role:
- End to end preparation of deck and representation of company information to Investor and banks
- Managing all aspects of cash flow planning and investment
- Banking relationship and compliances
- Control on all activities related to banks and funding operations
- Manages the short term liquidity cash forecast by maintaining working relationships with all inputting to the cash forecast (sources and uses of cash);
- Liaise with banks, officials, and other internal business leaders to monitor fund requirement and then timely advise business impact to ensure strong treasury compliance inside the organization
- Dealing with banks on urgent issues such SMA reporting, Overdue classification, Debt obligation payment and bank charges
- Control, improvement & automation of process of issuance & documentation of Commercial paper, Bonds, Bank loans, TREPS and other borrowing instruments
- Support fund raising for IPO financing and long term capital market activities and QIPs (Qualified Institutional placement)
- Manage month-end closing reporting with corporate accounting, including maintenance of loan schedules and corresponding loan agreements, and validation of cash and debt balances reported in the balance sheet Accounting of all borrowing and investment activities in SAP system
Manager - Resources
Edelweiss Group
12.2014 - 02.2016
- Raising funds through all available bank borrowing resources as per Asset & liability management requirement of the company
- Responsible for raising loans in banks of credit rating and other financials and follow up for sanction with favorable terms & conditions
- Documentation of bank facilities and adherence to bank covenants and compliance thereof on ongoing basis
- Preparation of CMA data and other proposal documents
- Solving all the queries in bank proposal submission
- Co-ordination for NOCs required for new proposal
- Responsible for supervising all debt obligation payments including bank fees and control on payment MIS
- Consortium banking arrangement and documentation of new facilities through deed of accession
- Execution of Loans / WCDL / Cash Credit Drawdown
- Verification of banks charges and follow up for reversal of excess charges
- Arrangement of CA Certificates for stock audits, Accounting entries in Apollo system and Bank reconciliation
- - Arrangement all bank compliance requirements
- (Stock statement Certificate for End use of funds, etc.)
Manager - Treasury
Fedbank Financial Services Ltd
09.2011 - 12.2014
- Raising funds through Commercial Paper and bank loan
- Responsible for daily cash flow management
- Management of Liquidity and availability of Funds for Branches in all over India Raising of funds through various sources like Cash credit from various banks Issue of CP and completion of compliance regarding the same
- Preparation of CMA data with the help of projections and adherence to formalities for getting sanction letter till final disbursement
- Filing of ALM returns i.e
- Short-Term Dynamic Liquidity, Interest Rate Sensitivity and Structural Liquidity with RBI Risk management, cash and expense forecasting, trend analysis
- Co-ordination with banks
- Planning of funds requirement according to projections
- Valuation and booking of income on investments
- Preparation of MIS data and for compliance and credit rating
- Co-ordination with credit rating agencies, RTA, NSDL and IPA
- Preparation and presentation of note to management on strategic issues for decision making
- Bank loan agreement, compliance with bank sanction letter covenants
- Negotiation with outside parties like bank, rating agencies, IPA for reduction in fees and interest rates
- Planning for utilization of future inflows and raising of funds for future outflows
- Regular update of money market with the help of various market intermediaries
- Approaching banks for new proposal of Short term and Long-term credit lines
Deputy Manager - Investment & Accounts
Bombay Stock Exchange
12.2007 - 09.2011
- Managing treasury functions involving deployment of funds after considering expected inflows and outflows on account of additional capital, margins, pay-in, pay-out, expenses etc
- In Mutual Fund and Fixed Deposits with Banks / Financial Institutions, CD, CP & Bonds to achieve higher returns, ensuring minimum liquidity position
- Taking investment decisions in line with the risk parameters decided with the Management & other compliance issues
- Forecasting cash requirements and ensuring timely availability of the same for smooth functioning of Business
- Supervise funding, periodic reconciliation and accounting of treasury operations, dividend on Mutual fund
- Instrumental in implementing software like MFI Tracker, MFI Explorer & ERP
- Management of daily pay-in & pay-out of Mutual Fund transaction traded on BSE Star MF Platform for Indian Clearing Corporation Ltd
- Participated in implementation of Oracle ERP and preparation of notes to the accounts for treasury operations
Associate, Fund Accounting
Syntel Sourcing Pvt Ltd
07.2007 - 12.2007
- Mutual Fund accounting with the help of software Multi Currency Horizon
- N.A.V
- Calculation for U.S
- Client Neveen Group
- Posting final N.A.V
- To Nasdaq within time limit
- Processing of trades & corporate action, referring to Bloomberg for the same
- Maintaining records & M.I.S
- On regular basis
Education
MBA - undefined
University of Pune
Pune01.2007
Bachelor of Commerce - undefined
Dharampeth College
Nagpur01.2001
H.S.S.C. - undefined
Dharampeth College
Nagpur01.2001
S.S.C. - undefined
Somalwar High School
Nagpur01.1999
Skills
- LIQUIDITY RISK
- ASSET LIABILITY MANAGEMENT
- TREASURY OPERATIONS
- TREASURY INTERNAL AUDIT
- PORTFOLIO ANALYSIS
- PROCESS ENHANCEMENT
- TREASURY MANAGEMENT
- MICROSOFT WORD
- MARKET RISK , MODEL RISK AND VALIDATION
- MACRO ECONOMIC IMPACT ANALYSIS
- PROJECT MANAGEMENT AND EXECUTION
- RECONCILIATION
- FUND RAISING
- RISK ANALYSIS
- RISK MANAGEMENT
- INTEREST RATE RISK
- CASH FLOW MANAGEMENT
- FUND ACCOUNTING
- COVENANTS
- BALANCE SHEET
- COMMERCIAL PAPER, BOND, CERTIFICATE OF DEPOSIT
- GAP ANALYSIS
- PREPAYMENT ANALYSIS
- INVESTMENT DECISIONS
- STRESS TESTING
LANGUAGES
ENGLISH
HINDI
MARATHI
Timeline
Senior Lead - Market Risk , Treasury Operations (Team4-5)
Bajaj Finance Limited
02.2016 - Current
Manager - Resources
Edelweiss Group
12.2014 - 02.2016
Manager - Treasury
Fedbank Financial Services Ltd
09.2011 - 12.2014
Deputy Manager - Investment & Accounts
Bombay Stock Exchange
12.2007 - 09.2011
Associate, Fund Accounting
Syntel Sourcing Pvt Ltd
07.2007 - 12.2007
MBA - undefined
University of Pune
Bachelor of Commerce - undefined
Dharampeth College
H.S.S.C. - undefined
Dharampeth College
S.S.C. - undefined
Somalwar High School
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