Prosanta Kumar Dey

Experience

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  Stock Holding Corporation of India Limited

  Jan 2000 - Aug 2007

  Handling market (& off-market) trade Settlement through Stock Exchange Clearing House as a professional clearing member of NSE, BSE & CSE. Managing the complete range of Custodial Services viz., trading, clearing and settlement as well as post trading, safekeeping and benefit collections. Executing back office operations involving processing & settlement of trades for Institutional clients, as well as monitoring stock prices and on-line trade of securities. Liaising/ coordinating with SEBI, The Stock Exchanges and other Regulatory authorities for investor's complaints and statutory requirements. Interacting with NSE, CSDL, NSDL, Custodians and depository participant for pre-settlement and post settlement of trades. Managing mutual funds operations like daily purchase, redemption's and switches, etc. to meet the investors requirements in both quality and timeliness. Portfolio Management/ Investment Advisory: Monitoring clients' portfolio performance, conducting profitability analysis, rendering sustained advisory services for securing high ROI and increasing retention levels. Analyzing the financial capabilities of HNI clients for providing them apt investment solutions, ensuring that the solutions provided carry the minimum investment risk. Providing advisory services regarding processes, procedures & strategies for securities investment as well as trading in stocks, ensuring high ROI. Show less NotablesLed 5 Centres across West Bengal having total employee strength of around 50 for complete operational activities in line with statutory requirements and deadlines.Pivotal in the set up of Howrah, Salt Lake, Siliguri office in West Bengal.Consistently achieved targets set by HO for value added products and maintaining status of SHCIL as the number one DP of the state both in terms of number and quality of service.Streamlined the back office DP operation keeping in view the various regulatory deadlines and optimum utilization of human resource.Key role in the planning of CPU [central processing unit] as a cost cutting measure; negotiated with various vendors for cost reduction as a part of cost cutting measure.Significant contribution in completion & management of NSDL/CDSL / SEBI audits for branch and ZONE Show less

  • Operations Management

    Jan 2000 - Aug 2007

  • ASSISTANT MANAGER

    Jan 2000 - Aug 2007
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  HSBC Securities Services, Centre

  Aug 2007 - Sept 2009

  MANAGER-OPERATIONS

  NotablesSteered a team of 10 Assistant Managers and 26 Administrators.Efficiently managed the CQI process.Actively involved in giving presentation to the management on the functioning of the process.Instrumental in the implementation of BCP process and requirements.Ensured implementation and adherence to Group Compliance Policy.Successfully completed HSBC Banking Operations Core Education Program or an equivalent course.Single-handedly managed successful migration of Transfer agency Settlement from HSBC Singapore to Kolkata office in Dec '07 (visited Singapore to initiate migration activity). Was a part of the UAT team of transfer agency platform.Merit of receiving the 'Extra Miler' for the Transfer Agency-Singapore Process by HSS, CoE, Kolkata.Received appreciation from the Business Partner for achieving a 3-fold increase in business volumes. Show less

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  The Calcutta Stock Exchange Limited

  Sept 2009 - Nov 2010

  SENIOR MANAGER-OPERATIONS

  Have been actively involved in various Exchange activities such as membership, listing, and market operation & margin division.Setting up of DP operation unit for the Exchange (Both NSDL & CDSL) and ensuring its smooth operation.Actively involved in giving presentation to the management/Board on the functioning of the process.Instrumental in organising Investor Awareness Program on behalf of the Exchange throughout India.Have been actively involved in various Exchange activities such as membership, listing, and market operation & margin division.Ensured implementation and adherence to DP Compliance Policy and successfully completed regulatory audits.Key role in getting new membership for the Exchange with a target of increasing business volumes.Being guest faculty for P. C. Chandra Business School, NSHM Business School & Sikkim Manipal University. Show less

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  Inter-Connected Stock Exchange of India Ltd

  Dec 2010 - Oct 2013

  Assistant Vice President

  ■ Steering UAT and market testing of the common trading platform through various test scripts and scenarios, identifying bugs, ensuring rectification within agreed TAT specified on SOW implementation plan. ■ Identifying CTQ (critical to quality)/CTP (critical to process) components as a part of process enhancement.■ Creation and floating RFP on vendor selections for INDEX creation and maintenance, CTCL solution and back office etc and being a part of their selection process.■ Effective team management through team building exercises and open linear approach.■ Building of operating manuals with internal & system controls, Standard Operating procedures and policies for market operations as ready reconer of business process flow and Business continuity plan and disaster recovery policy for the exchange operations.■ Responsible for giving presentation to the management committee/Board on the functioning of the process, business re-engineering for process improvement wherever scope exists.■ Instrumental in organising Awareness Program on behalf of the Exchange throughout India.■ Forming a part of working group committee reviewing byelaw, rules regulations and all other activities for making a Stock exchange operational and compliant.■ Key role in Business Development for the Exchange with a target of starting business and increasing business volumes. Show less

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  SBI-SG Global Securities Services Pvt. Ltd

  Oct 2013 - now

   Understanding business requirement after gathering vital information from operations/business units; analysing and preparing BRD/FSD. Finalisation of the FSD and forwarding it for development with proper flow diagrams. Monitoring progress and development with suggestions wherever required. Preparation of test scenarios and test cases (both positive & negative) and testing plan as a part of project planning. Overview, monitor UAT and coordinate with technical team in case of test breaks (bug fix), follow-up change requests and/or part of enhancements identified as the project progressed, properly documenting and signing off before proceeding for development. Reviewing observations and periodic review of project to the satisfaction of business unit and helping project successful signoff and movement to production unit. Monitoring business reaction post deployment and declaring BAU. As a part of business strategy of the institution to minimise business impacts due to disaster have been instrumental in preparation and publication of the BCP and detailing of the same, carrying out regular table top exercise and drills to keep the business unit prepared to handle disaster situations. Started call tree test to ensure smooth and effective communication channel in the hour of crisis. Detailing DR policy and documenting test (switchover & restoration) results. Sample testing as a part of internal audits as a part of internal audits, provide walkthrough and explaining scope to external/statutory auditors on various functional controls in the application/IT infrastructure used. Suggesting automation and controls wherever there’s scope of improvement for both quality and reduction of operation time. Show less

  • Head Of Department

    Aug 2017 - now

  • AVP, Business Process Analyst

    Oct 2013 - now