SUMANTA SEKHAR SAHOO
Kolkata
Summary
Seeking challenging assignments in Mutual Fund and Hedge Fund Analysis in Financial sector.
A competent professional with over 15 year 06 month of experience in: Mutual fund,Hedge Fund & Private Equity in Cash processing under CASS regulation,Trade processing & settlement, Cash reconciliation, Corporate action,NACH process, Merger of scheme, Windup of scheme, Processing of all Optional dividend, Daily Dividend, Weekly Dividend, Monthly Dividend, FMP, Rolled Over,NFO, Redemption funding (Debt, Liquid & Equity), Purchase (Liquid & Non-Liquid), BCP, Migration of data ,SIP,STP,SWP,DTP KYC,Equity trade deal in secondary market. Quick learning skill, individual working style, works under pressure.
Overview
16
16
years of professional experience
5
5
years of post-secondary education
Work History
Manager Operation
HSBC
04.2022 - Current
- Company Overview: Transfer Agency Department. Website: [HSBC](https://www.hsbc.com)
- Control and Risk Management skill.
- End to End Transfer Agency operations knowledge with highly skilled in streamlining Cash process.
- Cash and settlement processing under CASS regulation.
- Strong error detection and problem-solving skills.
- Experienced in Training, Coaching & Mentoring.
- Responsible for team’s work allocation for the day and ensure activities are completed within the time.
- Ensuring team meets daily/monthly SLAs.Monthly KPI/MI reporting.
- Transfer Agency Department. Website: [HSBC](https://www.hsbc.com)
Assistant Manager Operation
HSBC
04.2016 - 04.2022
- Company Overview: Transfer Agency Department. Website: [HSBC](https://www.hsbc.com)
- 100% time spend in processing and technical aspect of processing.
- Lead of UAT, project and change requirement for both city office and country office.
- Identify, review and mitigate of risk in close co-ordination with CCO Team.
- Checking Transactions and transaction related activities depend upon the business requirement.
- Proper plan for allocation of work within team.
- Investigate various escalations from client.
- Ensured that all STP/Non STP eligible trades are settled on contractual settlement date.
- Ensured that all Weekly & Monthly Trades are settled on contractual settlement date.
- Ensured that all cash management trades are executed same-day.
- Ensured that all mutual fund trades are properly received and processed.
- Ensured that all trades have balanced cash and trade blotters.
- Communicated problems to the business lines and ensured proper escalation.
- Reconciliation of cash and investigate the break.
- Distribution of trades evenly between team members and adhere to PLAs.
- Improve The Process(Es) and ensure Compliance With The Prevailing Policies And Procedures.
- Monthly Dividend processing as well as the Adhoc.
- Daily Reconciliation of Cash Accounts and prepare wire instructions for money movement of fund's investor activity and Process Dividend Payments.
- Management information reporting.
- Establish a concrete relationship with all the stakeholders.
- Design the plan and training within the team to achieve the goal throughout the day.
- Transfer Agency Department. Website: [HSBC](https://www.hsbc.com)
Executive-Operations
Karvy Computershare Pvt. Ltd.
08.2011 - 04.2016
- Company Overview: Registrars & Transfer Agent. Website: [Karvy](https://www.karvy.com)
- Client Co-ordination, Communicate with other departments to obtain information so that can respond to clients requests.
- Redemption, Dividend & Funding Process & Authorisation of Fund, Funding the Debt & Liquid Scheme on a (T+1) basis, for equity scheme (T+3) through NEFT, RTGS & Cheque with level-1 authorisation (SOA is sent to investors through e-mail & physical mode).
- SIP STP SWP process, National Automated Clearing House (NACH)-Each mandate is uniquely identified by Unique Mandate Reference Number (UMRN) which makes tracking of multiple mandate details easier for customers.
- Mandate repository containing Mandate details to be maintained for the purpose of validating mandate UMRN available on the NACH transaction files, at the time of NACH transaction processing.
- FMP,Rolled Over, Merger of Scheme, Windup of scheme and NFO Process.
- Liquid Purchase Process-Facilitating the posting control to AMC & DB for liquid & non-liquid transactions.
- Migration of Data. Managed the migration and consolidation project of the trade and market data for Mutual Funds. They were validated, consolidated, and uploaded into the centralized database.
- Prepared monthly reconciliation report for the organization & client (SIP MIS, Brokerage claw back MIS, Redemption Analysis sheet, Funding analysis sheet, etc.)
- Registrars & Transfer Agent. Website: [Karvy](https://www.karvy.com)
Equity Dealer
Reliance Capital Services
07.2009 - 07.2011
- Managed an independent & secure record of clients and monitored the progress of their investment securities.
- Rendered periodic feedbacks to clients about their assets status and assisted them with expertise advice.
- Involved in selling & buying of securities as confirmed by clients.
- Conducted Economic, Industry & Company Analysis and interpreted Financial Statements, Ratio Analysis, Funds flow Analysis, Time Value of Money & Equity Valuation.
Education
P.G.D.M. - Finance & Marketing
Institute of Management
01.2007 - 01.2009
B.Sc. - Physics, Chemistry & Mathematics
Talcher College
Talcher, Orissa 01.1999 - 01.2002
Skills
Mutual fund
Accomplishments
- GSC StarNight Shining Star Award, 01/2023
- Promotion from Asst Manager to Manager Operation, 04/2022
- Reward & Recognition Risk analysis of 1st Quarter AWARDS, 01/2023
- Customer Advocate GSCK Award, 06/2020
- Reward & Recognition Risk analysis of 2nd Quarter AWARDS, 06/2020
- Transfer Agency Spot Award, 2020
- Transfer Agency Spot Award, 2019
- CENTRE DIRECTOR'S QUARTERLY ACHIEVEMENT AWARDS, 2017
- Reward & Recognition Star Performer of the Quarter AWARDS, 2017
- Best Performer of the Employer, 06/2014
- Certificate of Excellence, 06/2014
- Certificate of Master Trainer for funding & pay out process, 12/2015
- AMFI-NISM-V-A (Mutual Fund Distributors Certification Examination), 2011
- NISM-IIB (Registrars to an Issue & Share Transfer Agents-Mutual Fund), 2011
- NISM-IIB (Registrars to an Issue & Share Transfer Agents-Mutual Fund), 2014
- NCMP Level-1 Certification (NSE Certified Market Professional), 2010
- NCFM Derivative Market (Dealer) Module, 2010
- NCFM Capital Market (Dealer) Module, 2009
- NCFM Beginner's Module, 2008
Organisational Experience
- Manager Operation, MSS HSBC (Transfer Agency Department), 04/2022 - Present, Control and Risk Management skill, End to End Transfer Agency operations knowledge, Cash and settlement processing under CASS regulation, Strong error detection and problem-solving skills, Experienced in Training, Coaching & Mentoring, Responsible for team’s work allocation, Ensuring team meets daily/monthly SLAs, Monthly KPI/MI reporting
- Assistant Manager Operation, MSS HSBC (Transfer Agency Department), 04/2016 - 04/2022, 100% time spend in processing and technical aspect of processing, Lead of UAT, project and change requirement, Identify, review and mitigate of risk, Checking Transactions and transaction related activities, Proper plan for allocation of work within team, Investigate various escalations from client, Ensured that all STP/Non STP eligible trades are settled, Reconciliation of cash and investigate the break, Management information reporting
- Executive-Operations, Karvy Computershare Pvt. Ltd. (Registrars & Transfer Agent), 08/2011 - 04/2016, Client Co-ordination, Redemption, Dividend & Funding Process, SIP STP SWP process, Managed the migration and consolidation project of the trade and market data, Prepared monthly reconciliation report
- Equity Dealer, Reliance Capital Services, 07/2009 - 07/2011, Managed an independent & secure record of clients, Rendered periodic feedbacks to clients, Involved in selling & buying of securities, Conducted Economic, Industry & Company Analysis
Timeline
Manager Operation
HSBC
04.2022 - Current
Assistant Manager Operation
HSBC
04.2016 - 04.2022
Executive-Operations
Karvy Computershare Pvt. Ltd.
08.2011 - 04.2016
Equity Dealer
Reliance Capital Services
07.2009 - 07.2011
P.G.D.M. - Finance & Marketing
Institute of Management
01.2007 - 01.2009
B.Sc. - Physics, Chemistry & Mathematics
Talcher College
01.1999 - 01.2002
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