Sandesh Bhoite

Experience

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  HDFC Bank

  Jun 2005 - Mar 2007

  Officer - Custody Services

   Coordinating with the Clients, reporting Client Holdings on daily / weekly / monthly basis  Reconciliation of Holding statement with Clients books on monthly basis. Keeping track record of Clients daily deals / transactions. Resolving queries of the Clients.

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  DBS Chola Mutual Fund

  Apr 2007 - Nov 2008

  Associate - Treasury Operations

   Preparation of MIS Reports& AUM Reports. Handling Cash flow. Coordinating with branches with respect to collection & redemption Preparation of Brokerage cheque, Bank charges, Custodian charges. Reporting to banks with respect to inflows & outflows and monitoring the same. Resolving queries of the other department, brokers etc. Reconciliation of Holding statement with custodian books on daily & monthly basis. Scrutinizing the Holding reports of each scheme on monthly basis. Processing Direct credit transfer’s to Bank Settlement of equity through STP. Preparation of all DIP / DIS and informing the Custodian accordingly. Also verbal confirmation and deals with counterparty. Coordinating with counter parties & providing the confirmations and details require by them and settle the deals. Opening current Account for NFO in all banks & follows the same. Interaction with Internal and Statutory Auditors for solving queries related to the schemes. Preparation of SGL Reco.etc. Interaction with the Brokers and CCIL for deals and releasing their dues on time. Show less

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  L&T Mutual Fund

  Nov 2008 - Dec 2012

  Senior Executive - Fund Accounting

   NAV Calculationa. Updation of corporate action in MFUND applicationb. Creation of Security Masters & counter parties in System.c. Inputting deals of put & call options in the system.d. Uploading Posting control in Mfund & Updating same in Excel worksheetse. Authorization of Equity & Derivative deals in MFUNDf. Valuation of securities in CRISIL Bond Valuerg. Uploading Equity and Derivative prices in Mfund Preparing Equalisation and Distributable calculation worksheets (Dividend Equalisation Reserve) for various on daily & weekly basis Dividend declaration in various Debt and Equity Schemes SEBI MIS reporting Preparing Portfolio of Equity & Debt schemes for Factsheet on Monthly basis. Providing projecting yield of Close-ended Schemes to Fund Manager on monthly basis Preparing report for Investment Committee Investigating and troubleshooting errors arising during the process Preparation of all Schedules of "the Schemes" for Trial Balance on Monthly basis. Scrutiny of Trial Balance of the schemes on Monthly basis. Preparation of Financial Statements and Notes to Accounts for Statutory Audit Show less

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  IDFC

  Jan 2013 - Mar 2016

  Finance Executive - Treasury Operations

   Reconciliation of Holding statement with custodian books on daily & monthly basis. Settlement of primary market Non-SLR securities (Corporate Bonds, Commercial Papers, Certificate of Deposits) Responsible for collecting and verifying documents based on KYC and AML guidelines for multiple investor class and risk type. Handle exceptions with regular follow-up and escalate if needed. Settling the Secondary Market Deals through FIIMDA, NSCCL, ICCL and MCX-SX.  Coordinating with counter parties & providing the confirmations and details required by them and sending the same to custody for further proceed. Settlement of Investment & Redemption of Mutual Funds. Settling of equity through STP. Confirming F&O Trades with custodian. Preparing Documentation and settlement of NCD & CP issuances by the company. Coordination & Follow-up with Exchange, Depository & Registrar for New Issuing Instrument (NCD, Commercial Paper) of IDFC Ltd. Preparation of Brokerage cheque and Interaction with the Brokers for deals and releasing their dues on time. Show less

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  ICICI Prudential AMC Ltd

  Apr 2016 - Jan 2022

  Assistant Manager - Money Market and ETF Settlement
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  Bandhan Mutual Fund

  Jan 2022 - now

  • Operations Manager

    Jan 2022 - now

  • Manager

    Jan 2022 - Sept 2023