Laxmi Sagar Rout

Experience

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  BSEIndia

  May 2011 - Jul 2011

  Intern

  Optimization of Data Feed income of BSE

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  XL Dynamics Pvt Ltd.

  Jul 2012 - Feb 2015

  Team Lead (Credit Underwriting of Residential Home Mortgage)

  Team Lead (Credit Underwriting of Residential Home Mortgage)1. Handled a team of 15 pre-underwriters working on government & conventional loans to ensure mortgage loans are underwritten in compliance with Sun west Mortgage underwriting guidelines and state and federal reporting guidelines. The team was capable of delivering excellent customer service and excellent loan quality2. Independent credit decisions that commit up to $40-$50 million of lending every month.3. Independently conduct full and comprehensive evaluations of a variety of complex, high-risk mortgage loan applications4. Analyze the various aspects of the mortgage and verify income and employment information, review credit history and calculate the value of borrowers' collateral and assets5. Review, evaluate and synthesize data to ascertain loan viability and identify risk issues and potential fraud (Anti Money Laundering & Red Flag compliance) Show less

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  IBM

  Feb 2015 - Apr 2021

  • Capital Structure Review (Capital infusion and Dividend repatriation for IBM and other acquired entities)• M&A Integration for any new acquisition or divesture of IBM units/companies• Managing foreign currency exposure and foreign currency payments• Trade Finance (BG, LC, AR factoring, bill discounting)• Cash management• FEMA Compliance• Monitoring and managing the organisation's bank relationships and liquidity management• Team management• Liaising with senior management across the organisation Show less Cash Management (July 2016 to present):• Managing the complete day to day Treasury operations with regards to cash management for IBM India, Bangladesh, Sri Lanka and other acquired entities of IBM• Presenting the Weekly, Monthly and Annual Cash planning for the given entities in hand• Analyzing the working capital loan requirements on weekly basis for the entities managed by me• Deployment of surplus cash in different investment options as per the company norms• Managing the day to day transactions w.r.t contract booking to sell/ buy various cross currencies like Euro, GBP, and AUD etc. as per the company policies• Actively involved in automation activities for streamlining the day to day transaction processing from manual to online by bringing various set ups in cash management through various SWIFT platforms available across Banking platform like-MT940, MT101, MT103 & creation of various pre- approved beneficiary• Actively involved in Payroll automation for IBM India enabling Salary transfers through a single bank platform• Liaison between various internal team – Payroll, tax , Accounts payables, Accounts receivable for providing various day to day updates• Preparation & analysis of various reports to provide data analysis like Bank Volume report, Cash & debt report, Credit Lines report, Un-invested cash report• Adequate knowledge on FEMA compliances, Merchanting trade Show less Business Controls (February 2015 to February 2016):• Review and implement, on- going Sarbanes-Oxley (SOX) requirements for IBM India, Bangladesh, Sri Lanka and other acquired entities of IBM in ISA region. • Streamline and standardize processes, in compliance to FIN instructions and GTRM best practices • Perform reviews on regulatory compliance framework regularly and to SOD (Separation of duties) • Maintain Pandemic plans/DRP testing, design plan and coordinate the annual pandemic plans/DRP testing for ISA. • Complete validation and verification of daily Operational reports, cash flow forecasts and bank instructions. • Single point focal for all bank correspondences related to User id management, signatory management on behalf of Treasury and other Finance teams, Identify and manage the allied activities like creation of Board resolution etc. • Cascade Treasury policies, guidelines, processes and delegations given the changes in business environment. • Ensure accuracy and completeness in all of your reporting of data to IBM • Emphasize Treasury’s role as trusted business advisor and create an environment that encourages initiative, collaboration, analysis and innovation • M&A Integration Show less

  • Team Lead (Corporate Treasury) - Treasury Operations & Trade Finance (India & South Asia Region)

    Feb 2015 - Apr 2021

  • Treasury Analyst (Corporate Treasury)- Cash Management & Trade Finance

    Jul 2016 - Jun 2018

  • Treasury Analyst (Corporate Treasury)- Business Controls

    Feb 2015 - Jun 2016
• 

  Deloitte

  Apr 2021 - now

  Senior Consultant

  Senior Consultant with Global Treasury Advisory Services of Financial Risk, M&A, Transactions and Restructuring (FRTR) practice