Subhadeep Basu, MBA, CAMS

Experience

• 

  Deutsche Bank

  Jun 2012 - Aug 2012

  Global Cash Operations Officer

  • Gained intensive training of Cash Operations within Corporate Banking; managed daily corporate cash and banking activities (balance reporting, electronic receipts, and payments, foreign exchange transactions, maintenance of accounts and other treasury services, etc.), and ensured reporting to management• Pioneered efforts across effective communication within the organization for the strategic deployment of plans and policies; deftly managed the whole gamut of administrative matters• Handled payment procedures including, but not limited to, RTGS, NEFT and Fixed Deposit• Handled a set of clearing procedures which included Reporting to RBI for inward cheque pick up and Electronic Clearing Service Controlling outward cheque clearing Technical verification of inward cheques Show less

• 

  RBL Bank

  Dec 2014 - Nov 2023

  • Developed Processes of clearing and Implemented within organization and check the healthiness of processes• Perform analysis, planning, establishment of requirements, development of procedures, and other related management and technical duties.• Mode of performance and standard operating processes were kept in place. I worked relentlessly for the successful completion of each processes and its compliance in each department of the bank.• Managing inward and outward clearing or the grid and also CMS operation (Payments & Receivable) for Kolkata.• Owing the responsibility of timely and successfully completing the monthly, quarterly and yearly activities.• Reconciled the accounts relating to payable and receivable with zero error, and track the account for further deviation.• Provide financial analysis for various new initiatives and projects to Cost Centre Managers Profit and loss & Cost centre analysis with objective of ensuring consistency in expense capturing & identification of abnormal variances and putting up controls & monitoring mechanism for timely resolution and clearance of such deviations• Singly handled the Internal auditors and saw its completion without any adverse finding and report. Worked upon the entries relating to the findings of auditors and successfully explained them the circumstances and was able to convince the auditors with effective communication.• Preparing, and updating the Desk Instructions for BCP [Business Continuity Planning] purposes• Streamlining the risk identification and mitigation procedure and processes.• Provided business risk analysis to operations banking leadership team.• Reconciliation of payable and receivable bank accounts and making it zero. Show less Clearing (Inward)• Upload the inward files in the system, and handle the second level technical scrutiny of the high-value instruments• Validate and rectify the inward cheques and serve as an escalation point from the first level• Conduct key due diligence tasks including  Validation, technical and signature referrals emails and follow up with the branches P2F (Paper to Follow) cheques verification, UV and signature in accordance with CBS• Hold the overall accountability of marking the returns and finalization in CHIClearing (Outward)• Develop and maintain excellent working relationships with vendors, and leverage these to ensure that the instrument was received on time• Carry out Due Diligence of high-value instruments involving outward physical verification and verification of the narration and data entry done by the vendor • Key operational responsibilities include: Return marking/memo generation/return MIS sheet and signature of the Memo Tracking of outward returns and following up with courier for undelivered return instruments Monitor RBI session and transfer cheque processing• Gained a handful of knowledge of scanning of instruments as per the CTS scanning procedure. Show less Cash Management Services, Delhi (Payments)• Held the overall accountability of setting up the CMS application including key features such as Customer Setup, Inventory Setup, and Signature/Account Rule Set up, Template Designing, Printer Setup and Product Set Up.• Handle paper-based payment modes offered under the CMS payment solution including Cheque and Demand Draft printing for a grid in addition to ensuring host to host connectivity for streamlined processing of transactionsCash Management Services (Collections)• Serve as an effective interface with the vendor; ensure resolution to issues raised by customers through their concerned Relationship Manager Show less

  • Deputy Manager Transaction Banking Operations

    Aug 2021 - Nov 2023

  • Assistant Manager - Transaction Banking Operations

    Jun 2017 - Jul 2022

  • Assistant Manager- Transaction Banking

    Dec 2014 - May 2017
• 

  Bandhan Bank

  Nov 2023 - Feb 2024

  Manager
• 

  Protiviti

  Mar 2024 - now

  Senior Consultant