Curriculum Vitae
Name:Neha Somani Address:Flat no D-902, IRIS
Mobile: -Magarpatta City
E-mail:-- 41101
India
CAREER OBJECTIVES
To obtain a position that will enable me to use my strong organizational skills, educational background, and ability to work well with people in the field of Investment Banking.
CAREER SUMMARY
Around 7 years of experience in Banking and Investment Domain; Out of which close to 5 years of experience in Asset Servicing and 1 year into sales of banking products.
Handled a team of 11 members.
Mentored and trained new team members.
Introduced lot of quality improvement processes to enhance the team productivity and efficiency.
Proven ability to work with different teams, peoples, and as a good team player.
Sound written and verbal communication skills.
Good command over Word and Excel.
IMC Part 1 cleared.
PROFESSIONAL EXPERIENCE
Organization/Company - Bank of New York Mellon International Operation (India) Pvt. Ltd, Pune
Duration – Nov 2013 to June 2017
Line Of Business - Asset Servicing
Unit – Securities Pricing
Designation – Team Lead
Job Profile-
The primary role is to validate the prices supplied by various vendors and make amendments if needed.
To liaise with onshore and other external parties.
Act as a trainer and change analyst for the team.
To ensure all procedures and policies are up to date at all times.
To manage a team of 20 people
Organization/Company - Bank of New York Mellon UK (Manchester)
Job Type - Contractual
Duration - Feb 2013 To June 2013
Line Of Business - Asset Servicing
Unit - Income & Tax
Job Profile -
Tax Reclaims: I was responsible for tax reclaims of US and NL clients. This included ensuring the bank has correct documentation in place and to reclaim the tax with HMRC in agreed timeframe through e-file or paper file as needed.
Process Improvement: Took up some projects to streamline the process and improve communication with the government agencies.
Income Events Processing: Was processing some income events, which required reconciling the different systems and ensuring the client positions are reflected correctly when the income is being paid.
Organization/Company - Bank of New York Mellon International Operation (India) Pvt. Ltd, Pune
Designation - Analyst (From 09-Feb-09 till 15-Oct-2011)
Line of Business - Asset Servicing
Unit - Securities data management.
Job Profile -
Team Supervision: Was responsible for role and task assignments within the team. As the team was working from offshore also took care of team member’s rotation for different shifts. Took regular feedback sessions for the team.
Training: Developed training and evaluation programme and for new joiners in the team. Also coached existing team members and took refresher trainings.
Risk Management: Monitored workflow to ensure all SLA’s are met.Escalated issues in time to higher management. Was performing regular spot checks to maintain quality and adherence to controls.
Process improvement: Did regular review of process to check the compatibility with market needs and also ensure optimum processing. Responsible for reviewing error logs and analyse it for process improvement.
Communication: Was primary point of contact for onshore team and offshore team, also responsible for updating various reports and dashboards.
Organization/Company - HSBC
Designation -Assistant Sales Manager (From March'08 to Jun'08)
Job Profile -
Work included providing financial solutions to business entities with a bouquet of products: factoring, cash management, warehouse financing, global trade solutions, e-tax and other banking services.
Organization/Company - Standard Chartered Finance Limited
Designation - Assistant Sales Manager (From April'07 to March'08)
Job Profile -
Included generating new business from Small & Medium Business Houses (SME) andanalysing the files and coordinating with credit and operations in further process. Work also involves managing existing referral agents and developing new ones.
TECHNICHAL SKILLS
Proficient using Databases like Bloomberg, Euroclear, DTC, FTS, Telekurs
Applications: GSP,ASP,Qtracker,Crest,SMDB,CMS,PSS,IMMS.
Can work efficiently with MS Excel and some knowledge of MS Access.
Capital markets, Fixed Income, Reference Data, Pricing
Projects
Stales Automation (In process)
Pre project Scenario: This is a huge chunk of business where we investigate prices which are static for more than five days. Averages of 2000 securities are to be checked every week to confirm all is okay with the pricing.
Project Implementation: This is a WIP.
Automation of Fund validation (Completed)
Pre project scenario: The team received average of 200 funds every day for which price validation was to be done. This was all manual process where in prices from Bloomberg and Telekurs were to be sourced and in case an updated price is available, provide the same. This was time consuming and error prone.
Project implementation: A tool was created to take Bloomberg back up’s.
Post project scenario:
Head count reduced by one resource.
Time saving of average 45 mins per day.
Reduced manual error due to incorrect prices.
Increased coverage for Singapore Settlements (Completed)
Pre project scenario: The team out of Pune provided coverage of 12 hours. But for the far east settlements the coverage did not provide enough time in case of some urgent issues or contingencies. Due to which the team also faced some claims.
Project implementation: Data was captured for 4 months to monitor the time frame and volume. Further analysis of volumes and cost to be incurred was done. Post this two resources were added and coverage was increased from 12 hours to 19 hours.
Post project scenario:
Till date there had been no claims due to delay in servicing or missed SLA’s.
There are sufficient back up available at all point in time in case of emergency.
EDUCATIONAL EXPERIENCE
Post Graduate Diploma In Management with Specialization in Finance (MBA - Finance) from Govindram Seksaria Institute of Management And Research, Indore (M.P.) with 71% -)
Bachelor In Computer Applications (B.C.A) from Prestige Institute Of Management & Research, Indore, with 64% -)
12th (HSC) from Indore Public School, Indore, affiliated to C.B.S.E., with 76% -).
10th (SSC) from Indore Public School, Indore, affiliated to C.B.S.E., with 69% -).
PERSONAL PROFILE
Name
:
First: Neha
Middle: Sudeep
Last: Somani
Nationality
:
Indian
Passport No
:
J-
Language Known
:
English, Hindi
Marital Status
:
Married
UK Visa Validity
:
30-August-2013
Date Of Birth
:
19-January-1984
Neha Somani
Date: 09/10/2015