Debashish Biswas
Hyderabad
Summary
I bring along 19 years of experience in Investment Banking, Hedge & Institutional fund, Transitions & Project Management, Financial Reporting, Strategy & Planning. Possess expertise and cross functional acumen in Project Management, Transitions, risk management & control, FTE estimation, Budgeting, Unit costing. Currently working as an Assistant Vice President in State Street wherein primary responsibility is to Unit Cost analysis and governance - analyzing financial makeup and develop Unit Cost models. Integral in developing a quantitative model to measure and track Global Delivery Unit Costs by product, region and client segment for use in allocations, pricing, performance reporting and strategic planning. I am an Inventive solution seeker and can simplify complex situations, identify key levers and drive execution. I am a committed, energetic, positive and a team player; always leading from front. Building right culture and mentoring the young team member of the team.
Overview
19
19
years of professional experience
1
1
Certification
Work History
Senior Assistant Vice President (FP&A)
State Street Corporate Services PVT LTD
10.2021 - Current
- Develop sustainable financial Unit Cost model, methodology and approach, data capture, cleansing, reporting
- Integral in developing a quantitative model to measure and track Global Delivery Unit Costs by product, region and client segment for use in allocations, pricing, performance reporting and strategic planning
- Systematically link the model with key metrics (e.g., straight-through processing rates and fund or transaction complexity) to explain changes in productivity
- Governance on Client P&L, Revenue & expenses allocation
- Integrate data from multiple productivity programs including Enlighten and GD Simplification
- Develop a reporting tool set to link the model, metrics and programs for business management engagement
- Support governance processes for reviewing Unit Cost results and proposed programs
- Work on Budgeting both Annual and Mid-year
Senior Manager Transition & Project Management
State Street Corporate Services PVT LTD
04.2019 - 10.2021
- Handling all Transitions both Migration and New Business for Accounting Process
- Ensuring the global transition framework is being followed with strict tollgate adherence
- Identifying, report and mitigating transition risk ,issues and critical barriers
- Managing relationship with stakeholder and corporate function Managing process re-engineering related Projects
- Preparing reporting for Management, project stakeholder and project Sponsors Developing and executing transition using project plan and other Project management tool
- Managing Real estate for Hyderabad location Involved in all transformation related Projects
Manager Operations
State Street Corporate Services PVT LTD
06.2018 - 04.2019
- Managing the end to end NAV deliveries for all APAC clients
- Managed a team of 23 members which includes tracking their individual performance, leaves, yearend rating
- Migrated the process from HZ to India GIC
- Preparing Bi-monthly & Monthly KPI data and visual management
- Conducting monthly one to one with all team members along with proper feedbacks
- Identifying opportunities for improvements, automation initiative and strengthening the controls
- Handling daily migration calls and weekly operational call to discuss the issues as well as new migrations
Manager
JP Morgan Chase & Co
06.2017 - 06.2018
- Ensuring delivery of all custody reconciliation with accuracy and Timeliness
- Managed a team of 20 members which includes tracking their individual performance, leaves, yearend rating and keeping team member motivated
- Preparing Bi-monthly & Monthly KPI data and visual management Conducting monthly one to one with all team members and proper feedbacks are giving
- Daily operational calls and weekly migration call to discuss the issues as well as new migrations
- Ensure controls/procedures as defined in SOPs are followed
- Make sure team member doesn’t make any breach which will get recorded under CASS regulatory
Team leader
Societe Generale Securities Services
11.2014 - 05.2017
- Delivering NAV for all Institutional Funds with accuracy and Timeliness
- Validating the NAV prepared by the accountants and post checking sending the NAV to Business partners
- Managed a team of 10 members which includes tracking their individual performance, leaves, yearend rating and keeping team member motivated
- Preparing daily workloads for staff & coordinating the daily allocation of work
- Preparing Bi-monthly & Monthly KPI data and visual management
- Identifying opportunities for improvements, automation initiative and strengthening the controls
- Ensure controls/procedures as defined in SOPs are followed
- Motivating and mentoring team members to achieve their organizational objective
- Creating Polyvalence to ensure that the deliveries are not impacted
Subject Matter Expert
HSBC EDPI
09.2007 - 11.2014
- Performing Pre and Post NAV activities (End to End) for Hedge Fund Clients
- Ensuring that own work as well as other team members work are processed accurately, completely and within agreed upon timelines (PLA’s & SLA’s)
- Performing monthly pricing of funds (OTC, CDS and Fixed Income securities)
- Identification and escalation of potential or actual problems arising from the daily work in a timely manner
- Overseeing/Providing guidance to new staffs and providing on job training
- Identifying opportunities for improvements, automation initiative and strengthening the controls
- Responsible for providing support to all Jurisdiction, ensuring timely and accurate resolution or escalation of queries or issues
- Daily migration calls and weekly operational call to discuss the issues as well as new migrations
Assistant Manager
Centrum Capital
04.2006 - 09.2007
- Preparing Red Herring Prospectus for IPO and Right Issues
- Performing the valuation of the company
- Due Diligence
- Coordinating with BSE, NSE and SEBI Performing price band calculation
- Performing price band calculation
Education
MBA - Finance
ICFAI Business School
Hyderabad04-2001
B.Com - Accountancy
City College of Commerce And Business Administration Calcutta University
Kolkata, West Bengal04-2004
Higher Secondary CBSE - Commerce
DAV Jawahar Vidya Mandir
Ranchi04-2006
Skills
- Excellent Communication & Presentation
- Active Listening
- Expertise in creating client relationship
- Excellent Interpersonal skills
- Problem Solving and Analytical skills
- Having advance computer skills
- Management and Leadership skills
- Multitasking and managing multiple initiative
Accomplishments
- Bought in cost efficiency across the organization.
- Build Unit Cost models for various function to allocated client expenses
- Partnered with Senior Leadership on building strategy & initiative
- Created efficiency through Transformation
Languages
Additional Information
- AWARDS & HONORS , Awarded twice as the best performer of the quarter in HSBC Won the Second prize in Debate competition organized by the HSBC Securities Services Awarded Employee of the quarter in Societe Generale on Global level. Part of top 100 employee in Societe Generale globally Awarded as Calmer of Storm in State Street.
Certification
- Persuading Data Analytics course from IIT Kanpur
- Course includes Data analytics, SQL, Python, BI, Tablaeu
Hobbies
- Travelling and exploring unseen places
- Playing Cricket
- Preparing weekend special food at Home
- Gathering Knowledge
Languages
English
Bilingual or Proficient (C2)
Hindi
Bilingual or Proficient (C2)
Bengali
Bilingual or Proficient (C2)
Software
Microsoft Office (Excel, Word, PPT)
ARIES
Geneva, TLM, Accurate, GP3, MCH, IMT,MYSS
Task Manager and Enlighten
Timeline
Senior Assistant Vice President (FP&A)
State Street Corporate Services PVT LTD
10.2021 - Current
Senior Manager Transition & Project Management
State Street Corporate Services PVT LTD
04.2019 - 10.2021
Manager Operations
State Street Corporate Services PVT LTD
06.2018 - 04.2019
Manager
JP Morgan Chase & Co
06.2017 - 06.2018
Team leader
Societe Generale Securities Services
11.2014 - 05.2017
Subject Matter Expert
HSBC EDPI
09.2007 - 11.2014
Assistant Manager
Centrum Capital
04.2006 - 09.2007
MBA - Finance
ICFAI Business School
B.Com - Accountancy
City College of Commerce And Business Administration Calcutta University
Higher Secondary CBSE - Commerce
DAV Jawahar Vidya Mandir
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