Summary
Overview
Work History
Education
Skills
Certification
Accomplishments
Extracurricular Activities
Hobbies and Interests
Languages
Websites
Timeline
Generic
Saumitra S. Bagaddeo

Saumitra S. Bagaddeo

Pune

Summary

Dynamic professional with extensive experience at various investment banks and financial institutions, excelling in multiple processes. Proven strategic thinker and problem-solver with strong analytical skills, recognized for achieving 100% accuracy in new implementations, and for driving automation initiatives that significantly increased efficiency. Adept at team leadership and process improvement, fostering strong client relationships, while driving operational excellence.

Overview

12
12
years of professional experience
1
1
Certification

Work History

Assistant Manager - BA4

BARCLAYS GLOBAL SERVICE CENTRE PRIVATE LIMITED
Pune
07.2022 - Current
  • Trade Transactions Reporting Operations (TTRO) - APAC Region
  • Sound knowledge & understanding of different types of Regulatory Reporting Compliance & Framework. HKMA, MAS, SEC, ASIC, JFSA, BOJ, DODD FRANK, EMIR, ESMA, SFTR, MiFiD, CFTC.
  • Sound Knowledge on Trade Life Cycle & OTC products like - FX, Forwards, NDF, Swaps, Equity, Rates, Credit, Commodities etc.
  • Strong knowledge on various global reporting tools like - DTCC, HKTR, Swapswire, Markitwire etc.
  • Daily monitoring and processing Matching & Pairing, preparing various MIS & Dashboards, eliminating Internal errors / Import Errors, monitoring of High notional / value trades.
  • Proactive monitoring of daily volumes feed from various upstream source systems for all asset classes, to ensure no under or over reporting, and raising any concerns to Tech. teams beforehand.
  • Identify and manually remediate all rejections received for the day within T+2 basis.
  • Identify the root cause of rejections received and raising INCs / JIRA's wherever required with concerned teams to eliminate further appearances.
  • Working closely with Middle Office, Front Office, IT & Operations, to enhance the process output with maximum accuracy.
  • Ensuring Quality, Accuracy & Completeness throughout process, using self-experience & expertise.
  • Handling regulatory enquiries and questions from regulators, escalation E-Mail queries / Reporting related queries from global clients & providing resolution within agreed TAT.
  • Assisting & guiding other team members on critical queries and help them take those towards resolution, and provide training to fill gaps.
  • Identifying potential Risk & Improvement areas and finding permanent fix.
  • Identifying potential areas for automation and unnecessary processes and assist management to address them.
  • Received appreciation from management for quickly learning the process within entire training plan tenure and assisted team at the time of sudden attrition.
  • Proactively managed the latest implementation under JFSA, MAS & ASIC Rule rewrites and currently working on HKMA Rule rewrite.
  • Coordinated with Tech. / Prod and management to get potential issues resolved beforehand.
  • Single handedly tested all new implementation under Rule rewrites and addressed all new challenges within set timelines, setting an industry standard of 99.95% accuracy & completeness.

Exempt Non Officer - ENO

CREDIT SUISSE SERVICES (INDIA) PRIVATE LIMITED
09.2019 - 07.2022
  • Collateral management, Margin Services & Portfolio Reconciliation
  • TriOptima / TriResolve and Initial Margin ACADIA reconciliation. DTCC, CLS, Swapswire, Markitwire confirmations
  • Trade Life Cycle, OTC products - Forwards, Swaps, Equity, NDF, CDO, CDS, Loans, Repos, FX, Commodities.
  • Regulatory reporting Compliance & Framework. DODD FRANK, EMIR, ESMA, HKMA, MAS, SEC.
  • Ensuring Quality and Accuracy throughout process, identifying & proactive addressing of potential risk / dispute areas.
  • Identifying scope for automation and processes improvement. Build & maintain a strong world class client relationship.
  • New onboarding projects, Managerial Reports, MIs, MBRs, QBRs, KPI, SLA, 4 Eye Checks & Internal / External Audits.
  • Organizing trainings, team meetings, presentation and learning session within and outside team.
  • Organizing and conducting weekly & fortnightly meetings for higher management, throughout year till date, received a Gold Bar Award.

Senior Analyst / Process Supervisor

Deutsche Bank
Pune
09.2017 - 09.2019
  • Trust & Agency Services - Fee Billing.
  • End to end Fee billing for clients against the corporate trust & administrative services provided by the Bank.
  • Ensuring Quality and Accuracy throughout process, building strong networking connections with Bank’s CSG [Client Service Group] for Invoicing, Billing, Chasing & Accounting, and provide best results.
  • Escalations Emails, Calls resolving client's Email / call queries within agreed TAT.
  • Reconciliation of payments processed, portfolios debited and all billing activities, proactively identify the potential errors & implementing permanent fix.
  • Trainings, Process improvements, Preparing KOP/SOP, Assisting External / Internal Auditing, Managing Team & daily BAU in Manager's absence.

Senior Financial Analyst

eClerx Financial Services Pvt. Ltd.
Pune
11.2014 - 09.2017
  • Portfolio Reconciliation OTC derivatives -
  • TriOptima / TriResolve and Initial Margin ACADIA reconciliation. DTCC, CLS, Swapswire, Markitwire confirmations
  • Trade Life Cycle, OTC products - Forwards, Swaps, Equity, NDF, CDO, CDS, Loans, Repos, FX, Commodities.
  • Regulatory reporting Compliance & Framework. DODD FRANK, EMIR, ESMA, HKMA, MAS, SEC.
  • Ensuring Quality and Accuracy throughout process, identifying & proactive addressing of potential risk / dispute areas.
  • Identifying scope for automation and processes improvement. Build & maintain a strong world class client relationship.
  • New onboarding projects, Managerial Reports, MIs, MBRs, QBRs, KPI, SLA, 4 Eye Checks & Internal / External Audits.
  • Organizing trainings, team meetings, presentation and learning session within and outside team.

Internal Auditor

Indus Towers Ltd.
Pune
07.2014 - 09.2014
  • Covering entire west & south region (4 Head Office - Pune, Chennai, Bangalore & Hyderabad).
  • Internal Audits of Accounts & Billings.
  • Higher level Audits - Surprise Audit, Warehouse & inventory Audit, CAB Audit.
  • Reporting, Presentations, MBR / QBR.

Internal Auditor

Muthoot Fincorp Ltd.
Pune
04.2013 - 06.2014
  • Covering Internal audits & Inspection for entire Maharashtra region - (200 Branches).
  • End to end Internal Audit of branch financial services business.
  • Bank Audit, Cash & Gold Audit, Forex Audit, Daily Transactions Audit, Loan Audit & Audit Reporting.
  • Audit & Inspections - Staff Audit, Salaries / Reimbursements, Claims Expenses, Recoveries, Training & Development.

Education

PGDB - Banking, Financial Services & Insurance

NIIT IFBI
Pune
01.2013

PGP - Retail Business Management

MIT COM
Pune
01.2011

B. COMM - Banking & Finance

Dr. D.Y.Patil College
Pimpri
01.2009

HSC 12th - Commerce

St. Paul HSC
Jabalpur, MP
01.2006

SSC 10th -

Maharishi Vidya Mandir
Jabalpur, MP
01.2004

Skills

  • Strategic thinking
  • Analytical skills
  • Problem solving
  • Team leadership
  • Team building
  • Risk assessment
  • Decision-making
  • Workload management
  • Time management
  • Customer relationship management (CRM)
  • Process improvement strategies
  • Regulatory reporting
  • Microsoft Office expertise

Certification

  • The ABCs Of Banking & Insurance Business: Anti Money Laundering (AML), Know Your Customer (KYC), Customer Due Diligence (CDD)
  • Tally
  • Microsoft Office
  • Tableau Basics
  • Power BI Basics

Accomplishments

  • Selected as Team Lead under IJP for the confirmations team
  • Received the Star Performer award.
  • Managed a team of 14 in the manager’s presence and absence, and recognized with the SPOT Excellence Award.
  • Rreceived Employee of the Month from higher management.
  • Have been awarded the Hall of Fame.
  • Resolved a major billing issue for a sensitive client and received huge appreciation from management, the best ever in the team to date.
  • Suggested and implemented a major automation for extremely critical reporting, with major savings on time and increase in accuracy, received a Gold Bar Award.

Extracurricular Activities

Represented my school in state level basketball competition. Organized and actively participated in cultural events during graduation.

Hobbies and Interests

  • Cooking
  • Trekking
  • Reading Book
  • Listening music
  • Photography

Languages

Marathi
First Language
Hindi
Proficient (C2)
C2
English
Proficient (C2)
C2

Timeline

Assistant Manager - BA4

BARCLAYS GLOBAL SERVICE CENTRE PRIVATE LIMITED
07.2022 - Current

Exempt Non Officer - ENO

CREDIT SUISSE SERVICES (INDIA) PRIVATE LIMITED
09.2019 - 07.2022

Senior Analyst / Process Supervisor

Deutsche Bank
09.2017 - 09.2019

Senior Financial Analyst

eClerx Financial Services Pvt. Ltd.
11.2014 - 09.2017

Internal Auditor

Indus Towers Ltd.
07.2014 - 09.2014

Internal Auditor

Muthoot Fincorp Ltd.
04.2013 - 06.2014

PGDB - Banking, Financial Services & Insurance

NIIT IFBI

PGP - Retail Business Management

MIT COM

B. COMM - Banking & Finance

Dr. D.Y.Patil College

HSC 12th - Commerce

St. Paul HSC

SSC 10th -

Maharishi Vidya Mandir

Similar Profiles

CREATE PROFILE
Saumitra S. Bagaddeo