Summary
Overview
Work History
Education
Skills
Training And Achievements
Timeline
Generic
Vishal Tambe

Vishal Tambe

Thane

Summary

Capital Markets expert with 15+ years of experience in global custody, FPI client servicing, and equity/debt settlements. Skilled in corporate actions, regulatory reporting, and process improvement. Strong track record in stakeholder management and delivering seamless client operations across leading financial institutions.

Overview

15
15
years of professional experience
2008
2008
years of post-secondary education

Work History

Chief Manager FPI Client Servicing

Nuvama Custodial Services Ltd
06.2023 - Current
  • Ensuring timely, comprehensive and proactive resolution of all queries from Foreign Portfolio Investors(FPI) Clients relating to corporate actions and debt/equity settlements.
  • FPI Client Servicing catering to Institutional clients.
  • Tracking market developments, discussing the impact of changes with internal stakeholders and communicating these to the Clients and resolving queries so that these are implemented without disruption to Clients.
  • Working with the Unit Heads and the Product and Sales teams for inward and outward transitions, Transitions from Merger or Takeovers.
  • Liaising with the client's network teams for escalations and specific issues that need discussions at larger forums.
  • Effective stakeholder communication and management with Business, Compliance, Legal, Operations, and Risk.
  • Participated in Service Review Meetings to understand new client requirements and put forth new services provided by bank.
  • Was instrumental in laying various processes to improve TAT in client deliverables.
  • Proactively anticipating client needs and preferences to make it easier for clients to do business with the Bank.

Specialist

First Abu Dhabi Bank
03.2023 - 06.2023
  • Handled international market settlements for custody clients across UAE, GCC, and global markets
  • Processed equity and bond trades, ensuring accurate capture, matching, and timely settlement
  • Executed RVP/DVP instructions with proper funding and securities delivery
  • Managed FX transactions and cash operations for custody clients
  • Booked settled trades into the back-office system
  • Monitored and reconciled cash and stock positions with brokers and custodians
  • Managed and reconciled Nostro accounts

Chief Manager

Kotak Mahindra Bank
09.2022 - 02.2023
  • Handled Equity & Debt Settlement Processing and Regulatory Reporting for all the Foreign Portfolio Clients.
  • Confirmed secondary market deals on NSE and BSE exchanges
  • Executed payments to exchanges and counterparties for purchase instructions
  • Delivered securities to exchanges through NSDL
  • Verified FII investments in line with RBI/SEBI guidelines
  • Handled daily exceptions and reported to senior management
  • Processed Offer for Sale (OFS) transactions for custody clients
  • Prepared and shared custody reports with clients regularly
  • Reporting of Custody Reports to all clients.

Manager

BNP Paribas
06.2021 - 09.2022
  • Managed equity and debt settlement processing for Foreign Portfolio Investor (FPI) clients
  • Handled regulatory reporting in compliance with SEBI and RBI guidelines
  • Confirmed secondary market deals on NSE and BSE exchanges
  • Executed payments for purchase instructions to exchanges and counterparties
  • Delivered securities through NSDL for timely settlements
  • Verified FII investments against regulatory limits
  • Handled daily trade exceptions and reported to senior management
  • Processed Offer for Sale (OFS) transactions for custody clients
  • Generated and distributed custody reports to clients

Manager

Edelweiss Custodial Services Ltd
11.2018 - 06.2021
  • Company Overview: India
  • Managed equity and debt settlement processing for Foreign Portfolio Investors (FPIs)
  • Conducted regulatory reporting in line with SEBI/RBI guidelines
  • Confirmed secondary market trades on NSE and BSE
  • Executed payments to exchanges and counterparties for trade settlements
  • Delivered securities to exchanges via NSDL
  • Verified FII investment limits as per regulatory norms
  • Trained new joiners on equity and debt market operations
  • Handled daily exceptions and escalated to senior management
  • Prepared and submitted weekly/monthly MIS reports to leadership

Senior Officer

DBS Bank Ltd
08.2015 - 11.2018
  • Company Overview: Custody Services - India
  • Worked on all aspects of custody Operations including asset servicing, settlements, reconciliation, business transformation and reporting team.
  • Handled the Entire Custody Operations at DBS Bank Ltd.
  • Developed Custody Back office System called NCS.
  • Have the core knowledge of FX, Equity Clearing House and Hand Delivery Settlement, Debt Settlement, Account Opening, Corporate Actions & Billing.
  • Processing of GDR for our global clients.
  • SEBI / RBI & NSDL Reporting (i.e. Daily, Weekly, Fortnightly, Monthly, Quarterly Reporting).
  • Foreign Exchange(Booking of FX conversion deals with Treasury, FX Reporting to Treasury, Nostro Reconciliation, FX reporting to client, Handling SWIFT, Tracking Tax Certificate/ Form 15CA/CB, Tax Payment).
  • Handled FII / FDI / Mutual Fund Clearing House and Hand Delivery Settlement, Corporate Bond Settlement.
  • Have Actively Been Involved in various process improvement and Audit.
  • Handled various Group and Regulatory Audit Independently.
  • Custody Services - India

Senior Officer – Fixed Income Settlement, Custody Services

Standard Chartered Bank
02.2012 - 07.2015
  • Company Overview: Mumbai, India
  • Primary Market Processing of Primary Market Investment done by client as per guidelines of the Bank and regulatory Authority.
  • Verification of Company Instructions & Documents, Verification of Application Forms.
  • Reconciliation and Tracking of Physical Allotments / Demat Allotments.
  • Making RTGS / Neft Fund Transfer payment for Primary Market Investment’s done by client.
  • Checking for Investment done by FII client as per RBI / SEBI guidelines.
  • Daily Reporting of Cash Forecast and Primary Market Investment done by client.
  • Updation of daily MIS.
  • Tracking of Listing of Securities for FII Clients.
  • Corporate Action: Scanning of the Daily bulletin, circular issued by exchanges viz BSE/ NSE.
  • Intimating the equity monetary and non-monetary events to the domestic clients weekly reporting and to FII clients.
  • Monitoring cash flow reporting of dividend received through NECS to Clients within the cut off time.
  • Tracking of dividend rejects and follow ups for short receipt of dividend through regular reconciliations.
  • Ongoing Reconciliations of holdings v/s receivables for funds and securities.
  • Implementation of robust follow up system to ensure minimal o/s and recovery of dues.
  • Ensure timely and accurate Processing of all Corporate events.
  • Secondary Market Confirm secondary deals on NSE and BSE exchange.
  • Handing over purchase instruction to General Banking Team for making payment through RTGS.
  • Delivering Stock to exchanges through NSDL.
  • Settling Government securities deals on NDS system.
  • Checking for Investment done by FII client as per RBI / SEBI guidelines.
  • Mumbai, India

Assistant Manager – Corporate Action

HDFC Bank Ltd
06.2010 - 01.2012
  • Company Overview: Mumbai, India
  • Primary Market Verification of Company Instructions & Documents, Processing of system entries, Verification of Application Forms, Reconciliation, Tracking of Physical Allotments / Demat Allotments and Follow up for the Pending Allotments.
  • IPO Processing Bid as per the client instruction, Verification of Application Forms Tracking for the allotments, Tracking & reporting of refund to the clients, Reporting of listing details to the client and Monitoring of Receivables.
  • Monitoring of Cash Forecast – Interest & Redemption Receipts.
  • Processing of Put/Call Options, PUT Notice Intimation conveyed to respective arranger / companies under intimation to client.
  • CALL Notice Letter confirmed with the respective arranger / companies and Follow Up & Co-ordination for Mode of Payment, Collection of Funds, and Confirmation of Interest.
  • Processing of CD/CP/FD/PN Monitoring of CD/CP/FD/PN before 2 Days of Maturity, Reconciliation of CP / CD in Respect of Additional Purchase / Hold Securities, Processing of Stock Transfer to Redemption Account in Case of CP / CD, Providing RTGS Details to IPA’s for Payment of Maturity Proceeds, Withdrawals of FD / PN and submission of discharged FD / PN with RTGS Letter to respective branch and Co-ordination with Issuers for Interest Confirmations.
  • Mumbai, India

Education

Bachelor of Commerce -

University Of Pune
05-2008

Skills

Technical & Functional Skills:

  • Corporate actions management and Equity and fixed income settlements
  • Account opening and client onboarding
  • Regulatory compliance and reporting (SEBI, RBI, NSDL)
  • Risk management and exception handling
  • Data and document management
  • SWIFT messaging

Client & Stakeholder Management:

  • FPI Client & Custodian Relationship Handling
  • Cross-functional Stakeholder Coordination

Tools & Productivity:

  • Microsoft Office (Excel, Word, PowerPoint)
  • Presentation Development & Spreadsheet Analysis

Training And Achievements

  • Developed and have tested the New Back Office System (NCS) for DBS Bank Ltd with the help of Vendors.
  • Awarded the Connect Award Two Times in a row for Timely Accurate Processing.
  • Awarded 'Star of the Month' for May 2009 by Citi Group Global Services Ltd.
  • Developed Auto emailing and live UTR tracking Module for HDFC Bank Custody.
  • Awarded with Achiever of the Month Award for July 2014.

Timeline

Chief Manager FPI Client Servicing

Nuvama Custodial Services Ltd
06.2023 - Current

Specialist

First Abu Dhabi Bank
03.2023 - 06.2023

Chief Manager

Kotak Mahindra Bank
09.2022 - 02.2023

Manager

BNP Paribas
06.2021 - 09.2022

Manager

Edelweiss Custodial Services Ltd
11.2018 - 06.2021

Senior Officer

DBS Bank Ltd
08.2015 - 11.2018

Senior Officer – Fixed Income Settlement, Custody Services

Standard Chartered Bank
02.2012 - 07.2015

Assistant Manager – Corporate Action

HDFC Bank Ltd
06.2010 - 01.2012

Bachelor of Commerce -

University Of Pune

Similar Profiles

CREATE PROFILE
Vishal Tambe