Pranav P. Sinha
Bhayandar
Summary
Dynamic finance professional with expertise in corporate actions at SBI-SG Global Securities Services. Proven track record in regulatory and tax reporting, ensuring compliance and accuracy. Strong analytical skills and exceptional client communication foster efficient problem resolution. Recognized for guiding junior staff and enhancing team collaboration in high-pressure environments.
Overview
7
7
years of professional experience
1
1
Certification
Work History
Assistant Manager - CORPORATE ACTIONS
SBI-SG Global Securities Services Pvt. Ltd.
07.2024 - Current
- Perform checker activities such as the authorization of instruments master, CA events, benefits, and closely monitor the upcoming payments according to record date holdings.
- Responsible for checking the forecast and cash flow reports, and providing the same accurately and in a timely manner to the respective clients.
- Ensure that control and order are in place for each activity.
- Manage and control high levels of risk associated with various processes through different reconciliations, to avoid errors.
- Follow up to obtain refunds of inappropriate TDS deductions, if any.
- Perform a 4-eyes check for high-risk activities to ensure accuracy.
- Communicate client-related information and announcements in a timely manner.
- Proactively assist team members in executing activities, and maintaining efficiency.
- Track FPI debt payments, and inform clients' local tax consultants about upcoming payments.
- Release MT564 and MT566 messages to clients regarding payments.
- Verify tax certificates, and apply tax appropriately.
- Tax reporting is done timely for FPI clients, and a tax certificate is obtained for additional tax liability, if any, for FPI clients prior to repatriation.
- Check MT599 instructions from clients for repatriating balance amounts after WHT.
- Proactively handle client queries, and provide timely resolutions.
- Process EBP, primary transaction, G-sec PM auction, and ensure timely deals are captured in the system.
- Perform fortnightly, quarterly RBI, SEBI, and NSDL regulatory reporting.
- Provided guidance and support to junior staff members on daily tasks, projects, and objectives.
- Responsible for the monthly Billing report.
Associate - CORPORATE ACTIONS
SBI-SG Global Securities Services Pvt. Ltd.
06.2021 - 06.2024
- Perform debt-corporate action related custody processing requirements (e.g., bond interest, redemption, call/put options)
- Handle client queries and provide timely resolutions
- Provide various client reports regularly and monthly as per SLA
- Coordinate with Issuer/RTA to confirm payments and avoid last-minute errors
- Create appropriate master for debt securities
- Ensure timely submission of relevant tax documents and application of appropriate tax
- Provide timely reports to internal and external stakeholders
WMS Senior Executive
Angel Broking Ltd.
01.2018 - 11.2020
- Assist B2C and B2B channels with financial products such as insurance, mutual funds, equity, and derivatives
- Address queries from clients and sub-brokers regarding products and processes
- Develop clients' and sub-brokers' knowledge about trading software and applications
- Maintain sales data and act as an intermediary between sub-brokers and third-party insurance companies
- Promoted to Senior Executive in the span of 1 year
Education
MBA - Financial Management
Annamalai University
Tamil Nadu07-2024
Bachelor of Commerce - Banking & Insurance
Mumbai University
Mumbai, India01.2017
Higher Secondary Certificate (H.S.C) -
Maharashtra Board
Mumbai, India01.2014
Secondary School Certificate (S.S.C) -
Maharashtra Board
Mumbai, India01.2012
Skills
- Strong verbal and written communication skills
- Good observer with problem-solving abilities
- Fast typing skills, with accuracy
- Proficient in analysis
- Knowledgeable about capital markets
- Error reconciliation
- Regulatory reporting
- Tax reporting
- Client communication
- Problem-solving
- Team collaboration
- Client communication
- Problem-solving
- Team collaboration
Certification
- Certified Investment Banking Operations Professional (CIBOP) - Imarticus Learning
- Career-Oriented Banking Certification Program
- NISM - Series (VIII) - Equity Derivatives Certification
- NISM - Series(VA) - Mutual Funds Distributors Certification
Hobbies and Interests
- Reading books
- Listening to music
Personal Information
Date of Birth: 08/25/1996
Languages
Hindi
First Language
Timeline
Assistant Manager - CORPORATE ACTIONS
SBI-SG Global Securities Services Pvt. Ltd.
07.2024 - Current
Associate - CORPORATE ACTIONS
SBI-SG Global Securities Services Pvt. Ltd.
06.2021 - 06.2024
WMS Senior Executive
Angel Broking Ltd.
01.2018 - 11.2020
MBA - Financial Management
Annamalai University
Bachelor of Commerce - Banking & Insurance
Mumbai University
Higher Secondary Certificate (H.S.C) -
Maharashtra Board
Secondary School Certificate (S.S.C) -
Maharashtra Board
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