Asmita Sawant
Mumbai
Summary
Compliance and banking management professional with 5+ years of comprehensive experience. Demonstrated diligence, ambition, and self-starting ability. Seeking a responsible career opportunity to fully utilize skills and make a significant contribution to company success and mutual growth.
Overview
14
14
years of professional experience
Work History
Assistant Manager
The Hongkong and Shanghai Banking Corporation Limited
Mumbai
09.2022 - Current
- Managing and overseeing the processes associated with credit services
- Ensuring accurate and timely processing of facilities approved in credit applications by Risk team
- Limit maintenances on internal Software
- Preparation of Limit loading templates
- Checking the drawing power of the companies and actioning the same in internal software
- Checking and maintaining internal trackers for requirements of transaction of security related documents
- Ensure adherence to regulatory requirements, internal policies
- Liaise with business coverage team for inquiries and resolve issues related to transactions or documentations
- Drafting transaction and security documentation for credit facilities
- Identify opportunities for improving credit operations and implementing best practices
- Managing time bound transactions
- Handling Working Capital, Updating overdraft pricing, term loan, Trade products, securitisation trust deals, Treasury, Credit card transactions and their credit related departmental compliances
- Manging documentation and their end to end completion
- Evaluating the credit approvals by risk department and processing the transactions
- Handles various internal Audits and legal audits
- Registration of security with Central Registry of Securitisation Asset Reconstruction and Security Interest (CERSAI) and R.O.C
- Work with internal departments for various transactions
Assistant Manager
Axis Trustee Services Limited
Mumbai
09.2018 - 10.2020
- Company Overview: https://www.axistrustee.in/
- Handled a unique lender repayment structure as a Management Trustee for a well-known NBFC and managed all their Lender Repayments to respective lenders and investments and redemptions which are time bound efficiently with various Mutual Fund houses single handed
- Handled well-known Securitization Trust transactions wherein Listed Pass-Through Certificates (PTC) backed by lease rentals were issued by the trust to investors
- Assisted in Infrastructure Investment Trust (INVIT) and Real Estate Investment Trust (REIT) related activities
- Assisted in mandatory SEBI audit and various Internal audits
- Handled Debenture Trustee, Security Trustee, Escrow Agent,AIF transactions for clients which included following responsibilities:
- Communicating and dealing with various clients, Investors and coordination with banks and other authorities
- Vetting of documents as per terms of sanction letter/offer document and liaise with company, lenders, lenders legal counsel for finalisation of the documents
- Registration of security with Central Registry of Securitisation Asset Reconstruction and Security Interest (CERSAI) and R.O.C
- Preparing Quarterly Monitoring Report under SEBI (ICDR) regulation on behalf of Axis Bank for clients who have issued Initial Public Offering
- Daily Share Monitoring of listed pledged shares with Trustee as security by client companies and creation/release of those shares on instance of top-up/top-down/redemption respectively as and when triggered filing of form 29(1)/ 29 (2) under SEBI (SAST) Regulations
- Keep Investors/Lenders informed of any Event of Default and take necessary action on the instruction of Lenders/Investors
- Preparing and sending Fund Transfer instructions to various Banks on behalf of clients as Security Trustee /Debenture Trustee
- Https://www.axistrustee.in/
CS Intern
Dharmendra Prajapati & Associates
Mumbai
10.2016 - 08.2017
CS Intern
Virendra Bhatt ACS
Mumbai
07.2015 - 02.2016
- Audit of private Limited Companies for the purpose of issuing MGT-8 u/s 92
- Assisted in incorporation of Private Limited Company
- Increased Authorized Capital, Paid up Capital of Private limited Company through Right Issue u/s 62(1) (a) and Preferential Allotment u/s 62(1) (c) of CA, 2013 – Prepared resolutions, Notices, Alterations in MOA, AOA & filled Form MGT-14 & Sh-7 for the same
- Filling of various forms under Companies Act on Registrar of Companies
- Drafting of Resolutions & Covering Letter, Reply for Notices u/s 206, 248 for various requirements
- Preparation & updating of Board Minutes & Annual general meeting Minutes
- Prepared Annual filing documents & did Annual filing including XBRL of Private limited Companies
- Maintenance & Updating of Statutory Registers as per Companies Act, 2013
- Raised Service-related complaints on MCA
- Visited ROC for: Public Inspection of Private Company Documents
- Submission of documents, notices & for resolving Query
Banking Officer
ICICI Bank Limited
Mumbai
01.2011 - 08.2012
- Company Overview: https://www.icicibank.com/
- Data Verification Unit officer of Current A/c (Privilege & Wealth banking)
- Verification of Account opening forms and documents which include partnership agreement, memorandum of association, articles of association, board resolution, LLP Agreements, Certificate of Incorporation, Certificate of Commencement of Business, Sole Proprietor Letter
- Coordinating with A/c opening team, sales team and Risk containment unit
- Provide trainings to sales team with respect to various documents, form filing, compliance for current A/c opening
- Checking the status of account and maintaining report with respect to A/c Pending, Opened, Rejected with Reasons
- Https://www.icicibank.com/
Education
Master’s - business administration
Manipal University
JaipurL.L.B -
University of Mumbai
MumbaiCS Executive -
Institute of Company Secretaries of India
Post Graduate Diploma - Banking Operations
Institute of Finance, Banking & Insurance (IFBI)
Bachelors of B.com - Banking & Insurance
University Of Mumbai
MumbaiSkills
- Compliance Management
- Risk Management Assessment
- Detail-Oriented Analysis
- Prioritization and Scheduling
- Effective Communication
- Operational Efficiency
- Internal Audit
- Analytical Skills
- Effective Presentation Skills
- Effective Problem Resolution
- Process Optimization
Accomplishments
- Ranked 3rd in School for Shot Put Girls U/16. (2003-2004)
- Ranked 2nd in college in T.Y.B.B.I (2009-10).
- Completed Prarambik in Kathak with First class.
- Compeletd 25 Hours of Professional Development programme
- Completed Summer Camp course in Rifle Shooting
- Exemption in following in CS Executive Level: Economic & Labour Laws, Securities Laws & Compliances
- Brief presentation on Infrastructure Investment Trust (INVIT) in office.
- Received appreciation mail from Regional Processing Centre Head for identifying Suspected Fraud.
- Received Appreciation mails for various big and time bound transactions processed on TAT.
- Received Appreciation from Pan India Department head as well as Business Regional Head for managing volumes and handling complicated transactions during team crunch.
Certificationsandcourses
- Certificate of Completion of All about Industrial Property Rights from Udemy
- Research on the project 'Overdraft facilities provided by banks.'
- Research on the project 'Fire Insurance.'
Personal Information
- Notice Period: 3 Months
- Date of Birth: 09/05/89
- Nationality: Indian
- Marital Status: Single
Affiliations
- Participated in Various drawing, dance competitions in school and college
- Participated in Mathematics and English Vidyapeth exams in schools
- Elected as Class representative in Degree college
- Completed Workshop on LODR and Independent Directors
Languages
Marathi
First Language
English
Advanced (C1)
C1
Hindi
Upper Intermediate (B2)
B2
Korean
Beginner
A1
Timeline
Assistant Manager
The Hongkong and Shanghai Banking Corporation Limited
09.2022 - Current
Assistant Manager
Axis Trustee Services Limited
09.2018 - 10.2020
CS Intern
Dharmendra Prajapati & Associates
10.2016 - 08.2017
CS Intern
Virendra Bhatt ACS
07.2015 - 02.2016
Banking Officer
ICICI Bank Limited
01.2011 - 08.2012
Master’s - business administration
Manipal University
L.L.B -
University of Mumbai
CS Executive -
Institute of Company Secretaries of India
Post Graduate Diploma - Banking Operations
Institute of Finance, Banking & Insurance (IFBI)
Bachelors of B.com - Banking & Insurance
University Of Mumbai
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