Y. B. Sankaram

Key Responsibilities:

• Supporting to 28 Risk and Control Assessments (RCAs):
• Facilitated the creation and annual refresh of RCAs for in-scope processes, ensuring consistency in scoping, risk assessment, and controls across the organization.
• Supported the continuous monitoring of key processes and 226 controls, maintaining comprehensive RCA documentation.

Issues and Incident Management:

• Conducted qualitative reviews of issues and actions raised by control owners, assessing their impact on the control environment.
• Advised on remediation planning and tracking, providing guidance to control, issue, and incident owners to ensure effective resolution.

BIRO Activities:

• Handled very effectively all BRIO activities such as EUCs, Sharepoint site; Control assessments; GEAR requests; Phishing relating issues and followups; etc.,

Governance Facilitation:

• Managed secretarial activities for risk and control governance meetings, including scheduling, attendance tracking, and agenda preparation.

Training and Development:

• Developed and facilitated training materials on risk and control topics, enhancing team knowledge and compliance with best practices.
• Supported the delivery of training sessions, ensuring team members are well-equipped to manage operational risks.

Stakeholder Liaison:

• Collaborated with internal stakeholders, on various control activities,
• Support to Risk and Control Owners:
• Assisted Risk Owners in understanding their risk profiles and related controls, advising on control identification, design, and documentation.

Key Achievements:

• Successfully reduced operational risks through effective RCA implementation and continuous monitoring.
• Enhanced stakeholder awareness of operational risk management, contributing to a more robust control environment

Finance Assurance: Worked on internal controls and compliance frameworks to ensure financial data integrity. Conducted control testing, identified risk areas and implemented corrective actions to strengthen assurance processes and reporting quality.

• Strengthened internal controls through regular testings and adherence to regulatory requirements.

Balance Sheet reconciliation and Substantiation of Investment finance process where i was responsible for preparing and reviewing balance sheet accounts and along attestation of balances of accounts to ensure accuracy and compliance with accounting standards. Handled monthly reconciliation to validate financial records and resolve discrepancies/open items efficiently.

• Trained new and existing staff members in various financial procedures to prepare for job requirements.
• Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
• Streamlined month-end close process, reducing time spent on manual tasks and improving data accuracy.

• Company Overview: Business Unit: HSBC Birmingham
• Handling 14 Bank and GL accounts reconciliation
• Reduced open items drastically in all accounts assigned to me
• Handled all business queries effectively
• Prepared SOPs for all accounts assigned to me
• Preparing all MI reports such as Standard Template; RSR; Line Items report; RSR Vs Line items report; GRIP report; unrepresented cheques; substantiation report etc.
• Handling of Fixed Assets Process – WIP, Additions, Disposal, transfers
• Business Unit: HSBC Birmingham
• Received 'BAU (Change) & 'Values' award in month of June 2013
• Developed 5 critical macros in across Birmingham team, resulting 60 hours' time saving
• Presently Supporting 'Standardization, Simplification and Automation Project'

• Company Overview: Business Unit: HSBC Hong Kong
• Worked as Operator profile, then moved to Supervisor profile, Now working as Officer profile (ie. Having authority to approve invoices value upto 2 Millions)
• Prepared All SOPs for Payments and General Accountings.
• Updating SOPs whenever process updates received from business area, Reviews all SOPs once in six months
• Prepared Training Modules for New comers
• Prepared Process Test papers to evaluate training and learning
• Implemented 3 Level back up for all process by cross training
• Implemented Systemic Training
• Handling Six Members Team
• Preparing Daily MIS Reports – Daily Quality Tracker, Work Flow Review Report, SLA Items Reports, Mails Trackers, Suspense A/c Report
• Preparing Monthly DASH Board
• Preparing Monthly Quality Tracker
• Daily work allocation to team members
• Ensuring all daily SLAs are met.
• Preparing Inventory report
• Clearing All Team member Doubts and coordinating with them for smooth processing
• Business Unit: HSBC Hong Kong
• Received 4 YB Certificates on successfully completing 2 YB Projects. One More in Pipeline.
• Technical Support given to total 15 YB Projects across SMO.
• Received BAU (Business As usual) Champ Award for the 2007
• Received Super Star Award for the 2008
• Received Process Champ Award in 2008
• Received Special Recognition Award – AVP Level in 2009 towards contribution in developing Excel Macros.
• Received Special Recognition Award in 2009 for successfully completing year end.

My Responsibilities include the following:

• Supervise a team of 4 people who work for my sub process
• Ensure that my team meets their daily targets
• Helping them in resolving issues related to my sub process
• Ensure that the team meets TAT ( Turnover time )
• Process trainer for the sub process
• Process auditor for the sub process
• Conduct regular team meetings
• Communicate frequent process updates to the team
• E2E delivery of the above mentioned desks.


Contribution :

• Helping other team members for solving Excel related Problems

Achievements :

• Developed a Macro for Generating Batch numbers daily for all desks;
• Developed a Macro for daily report Such as Daily Productivity of team;
• Developed a Macro for Prep Sheets for all desks;

• Preparing finalization of Accounts
• Coordinating with Internal and Statutory Auditors for Audit Process
• Tax Planning
• Preparing Tax Returns of Employees and Directors
• Preparing Computation of Total Income and Total Tax Payable of Employees and Directors
• Preparing and Issuing form 16 to employees
• Preparing and Issuing form 16 A to Parties
• Calculating monthly statutory liabilities such as Income tax on salaries; Professional Tax of employees; Provident fund; Sales tax; Tax deduction at sources (TDS) on rent, contractors and professional services, Works Contract Tax.
• Preparing salary statement of employees every month, furnish salary data to bank to credit their salaries every month
• Maintaining Receivable and Payables Accounts and follow up for payment from customers
• Preparing MIS Reports (Such as age analysis) on receivables and payables
• Preparing and submitting all monthly returns such as PF (Form 12A); sales tax returns; Professional tax returns
• Monitoring day to day accounts
• Brought out proper vouching system
• Introduced Sodex ho Pass in order to reduce tax liability of employees
• Introduced documentation such as GRN, MRN, POs, for proper control and accounting of stocks
• Planning for Introducing Coding System for Fixed Assets for Proper Internal Control

• Preparing the annual financial statements.
• Preparing Schedules for finalisation
• Coordinating with Auditors for Statutory Audit
• Preparing statements to Bank such as monthly stock statement, QIS – 1, QIS – 2, QIS – 3.
• Monthly Stock Valuation for Banks
• Bank Reconciliation statement
• Review daily collection reports from branches. Prepare past due collection reports, aging analysis. Sent out reminder letters to customers for prompt collection.
• Defaulters are brought to the notice of management for further action.
• Check branch sales invoices and verify supplier sales invoices with purchase orders, goods inward notes before passing for payments
• Day to Day Accounts
• Coordinated with other departments to implement Tally Software package online
• Implemented inventory control methods such as FMS (Fast, Medium, Slow)
• Implemented transaction card (i.e. Bin Card) for proper record keeping of stocks