Dynamic finance professional with a proven track record at State Bank of India, excelling in Asset & Liability Management and fostering robust client relationships. Spearheaded treasury operations across East Asia, optimized financial performance, and enhanced customer satisfaction through strategic advisory roles. Skilled in Foreign Exchange Trading and Derivatives, with a keen analytical acumen, driving significant business growth.
Hi, I’m
Prakash Kumar Sarkar
AVP & Treasury Dealer
Hong Kong
Summary
Overview
12
years of professional experience
6
Certifications
Work History
State Bank of India, SBI
AVP & Treasury Dealer
12.2020 - Current
Job overview
- In my current role, I am looking after the Funding/ALM requirements of Entire East Asia Region along with Singapore and Sydney branches of SBI.
- The role involves effectively managing the balance sheet and raising funds through various instruments viz. Clean Money Market, Loan against Trade Assets, Repo Borrowing, MTN Borrowing, Multilateral & Bilateral Borrowing etc. so that NII can be maximized.
- While doing so, maintained compliance with industry regulations and managed various regulatory ratios like LCR, SLR, MMR, IRSM, LMR, NSFR etc. Working in an Indian Bank located in Hong Kong has given exposure to the compliance and regulatory guidelines of both the financial markets.
- I am also a part of the team that created local level ALM policy of the Bank in Hong Kong, resulting in improved operational efficiency within the organization.
- Optimized financial performance through effective budget management and cost control measures.
- I also do proprietary trading in G10 currencies and Treasury Bonds. The trading is done based on technical and fundamental analysis.
- Actively involved in Derivatives Trading including NDF, IRS, CCS etc.
- Conducted thorough market research to identify trends and opportunities for business expansion.
State Bank of India, SBI
Relationship Manager Treasury
08.2018 - 11.2020
Job overview
- In this role, I managed a $15 billion portfolio of corporate clients and provided Treasury Solutions. The clients ranged from various sectors like Gems & Jewellery, Aviation, Healthcare etc.
- The role involved building strong relationship with corporates and other market participants. This role also included providing advisory services to corporates.
- These services were mostly related to managing the portfolio of these corporates including managing their forex flows. For doing this, a thorough analysis of balance sheet of the corporates was done and based on the prevailing compliance regulations and market trends, advised them the best course of action including hedging decisions.
- Built and maintained relationships with new and existing clients while providing high level of expertise.
- Maintained knowledge on treasury products and distribution to provide optimal service support.
- Communicated regularly with clients to understand needs, evaluate current product use and cross-sell new products.
- Analyzed customer data to identify areas of improvement and maximize customer satisfaction.
- Identified new business opportunities through diligent market research and analysis, contributing to increased revenue growth.
- Developed and cultivated lucrative relationships with both new and existing clients through effective communication and exemplary interpersonal skills.
- Continuously updated personal knowledge of banking regulations and compliance requirements to minimize risk exposure for both clients and the organization.
State Bank of India, SBI
Deputy Manager of Operations
08.2016 - 07.2018
Job overview
- In this role, in the first year till July 2017, I was in charge of Currency Chest Operations. Apart from this was also managing the branch operations of a large semi urban branch.
- Enhanced customer satisfaction by addressing issues promptly and implementing service improvements.
- Analyzed data trends to make informed decisions regarding operational strategies and adjustments as needed.
- Then in the later part i.e. from Aug 2017, I handled SME Credit, Agricultural Credit and Personal Segment Credit.
- In SME Credit, the focus was always on ensuring to meet the credit requirements of small enterprises, while meeting all the rules and regulations relating to such credit. The role mostly included assessing financial status, calculating financial ratios, analyzing risks, taking decision relating to loan disbursement and repayment plans.
State Bank of Bikaner & Jaipur
Assistant Manager Forex Operations
07.2014 - 07.2016
Job overview
- In this role, was looking after the forex desk of International Banking Branch Jaipur which was catering to the forex requirements of all the corporates and retail Customers in entire Jaipur zone.
- Gained Experience in Export and Import regulations of India for Corporates, including compliance guidelines.
- Was also advising Corporates on their Export and Import transactions like Bill Lodgement, Bill Negotiation, Bill Discounting etc. Apart from this, was providing advisory role for market related events and was also looking after the documentation part for all the forex transactions of Corporates and Retail Customers.
State Bank of Bikaner & Jaipur
Probationary Officer
07.2012 - 07.2014
Job overview
- Started as a Probationary Officer in State Bank Group. Have gone through a rigorous on the job training for a period of 2 years. The training was provided in a number of fields including Branch Operations, Foreign Exchange Operations, Credit Operations which also includes Corporate and SME Credit. After completing the training period, got confirmed in the same organization as an Assistant Manager.
Education
Indira Gandhi National Open UniversityPatna, Bihar
Bachelor of Computer Applications from Computer Application
04.2001
University Overview
Skills
Asset & Liability Management,
Languages
Hindi
Native language
English
Proficient
C2
Bengali
Upper intermediate
B2
Certification
Defi: Introduction to Blockchain & Cryptocurrency, CFA Institute
Timeline
Defi: Introduction to Blockchain & Cryptocurrency, CFA Institute
07-2024
Professional Certificate in Treasury Markets, TMA Hong Kong
08-2022
AVP & Treasury Dealer
State Bank of India, SBI
12.2020 - Current
Securities Operations & Risk Management Certification, NISM Mumbai
11-2019
Certified Treasury Professional, IIBF
03-2019
Relationship Manager Treasury
State Bank of India, SBI
08.2018 - 11.2020
CAIIB, IIBF
07-2018
JAIIB, IIBF
07-2017
Deputy Manager of Operations
State Bank of India, SBI
08.2016 - 07.2018
Assistant Manager Forex Operations
State Bank of Bikaner & Jaipur
07.2014 - 07.2016
Probationary Officer
State Bank of Bikaner & Jaipur
07.2012 - 07.2014
Indira Gandhi National Open University
Bachelor of Computer Applications from Computer Application
04.2001
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