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Gulrez Ali Sayed Treasury Manager, Intesa Sanpaolo
 
Gulrez Ali Sayed's Profile
Gulrez Ali Sayed
Treasury Manager, Intesa Sanpaolo
Intesa Sanpaolo
confidential
confidential
Mumbai, India
Toostep 
Professional summary
Treasury management & Trade Finance - Good working experience in Treasury and Trade Finance related areas. - Well-versed in Investing & Trading in Treasury & Money Market matchbook which included Interest Rate Derivatives, FX Derivatives, Sovereign and Credit bonds and other Investment tools - Well-versed in handling letter of credit (LC) both Export and Import LC, Trust receipt (TR), Bank Guarantee (BG) Local bill discounting (LBD), Invoice Factoring & Local bill discounting (LBD). - Compiling monthly cash flow, MIS and update the management. - Ensuring timely settlement of bank commitments’ and effective utilization of the same. - Coordinating with lenders and suppliers and various other departments to ensure smooth supply chain management. - Review of bank reconciliation.
Gulrez Ali Sayed's Experience
Current :

Treasury Manager, Intesa Sanpaolo
Banking
Previous :

Banking Manager, Magnate Global Group MGG Damascus Syria

Worked from 2010 to 2011

Brief summary :

Magnate Global Group (MGG), Damascus Syria June 2010 - March 2011 Group Treasury and Banking Manager Implements and Support Treasury and Investment policies and Procedures for managing Liquidity Risk, Interest Rate Risk and Currency Risk and account opening. Arrange, Review and Negotiate legal documents - Bank and Loan Agreement. Participate in Strategic planning of the Group Company and prepare Group funding strategy. Cash Management: Pooling/ Netting for the group, Cash Flow (Budgeting and Forecasting), Borrowing and/or Lending, A/R, A/P. Introduce New banks through proper account opening agreement within the region for Trade and credit facilities Risk Management - Market Risk, Credit Risk, FX, Interest Rate Risk, Implementing Hedging Strategies Managing - Asset/Liability management, Budgeting and Liquidity of the company. Working with unit managers to support Working Capital requirement of the company. Reconciliation: Cash, Bank and Inter-company Handling the bank facility of USD 80 million Handling and Keeping track of multiple of LCs. Ensuring timely collection and correct submission of documents against LC. Ensure optimum utilization of banking facilities. Supporting the implementation of ERP- Microsoft Dynamics (GP) Reporting to the Group General Manager of the company.

Previous :

Treasury Manager, Banca Intesa Sanpaolo SpA Dubai

Worked from 2008 to 2011

Brief summary :

Banca Intesa Sanpaolo S.p.A., Dubai July 2008 To TILL Treasury Manager - Responsible for the management of FOREX /MM activities, Asset/Liability management, Cash management and annual Budgeting. - Managing the liquidity of the Bank. - Reporting to the C.F.O of the bank. - Responsible for trading in Treasury and Money Market matchbook which included Interest Rate Derivatives, FX Derivatives, Sovereign and Credit bonds, Repos. - Maintain customer satisfaction by providing foreign exchange quotations and hedging strategies. - Formulating trading strategies in both cash and option FX markets. - Maintain NOSTRO balances in foreign currencies at agreed levels; constantly monitor and arrange for replenishment as necessary. - Strong technical understanding of financial markets and derivative products, to provide clients with most suitable asset liability management.

Previous :

Treasury Manager, Intesa Sanpaolo Bank

Worked from 2008 to 2010

Brief summary :

Intesa Sanpaolo Bank (BCI), DIFC- Dubai July 2008 - May 2010 Treasury Manager - Set up the entire Treasury department (Front/Middle and Back office) of the branch. - Trading and managing day-to-day trade in Foreign Exchange (FOREX) market, Money Market and Derivatives within appropriate risk management framework. - Agreement with regional/national banks for Inter bank dealing into Forex, MM and other derivatives tools. - Maintain relation with other banks for smooth liquidity Management of the branch. - Cash Management - Pooling / Netting agreement with Head office(Italy) and other Asian Hub (TKY,HKG and SIN),/Australian(Sydney)Hub, Cash Flow forecasting and planning, Borrowing/Lending, Settlement, Processing and Confirmation, A/R, A/P. - Managing - Asset/Liability management, Budgeting and Liquidity of the Bank. - Assisting other departments for getting new deals in the region along with other services provided to clients in reference to - Trade finance, Syndications Loans, Bilateral Facilities, AML, etc. - Investing and Trading in Treasury and Money Market matchbook which included Interest Rate Derivatives, FX Derivatives, Sovereign bonds and other Investment tools. - Managing overall Processing, Confirmation and Settlement of Trades. - Formulating trading strategies in both cash and derivatives FX markets. - Maintain customer satisfaction by providing foreign exchange quotations and hedging strategies. - Maintain NOSTRO balances in foreign currencies at agreed levels; constantly monitor and arrange for replenishment as necessary. - Reconciliation: Trades, Cash, Holding/Assets, NOSTRO and Inter-company. - Finance Experience with knowledge of Balance Sheet Management, Liquidity and Interest Risk. - Reporting to the C.F.O of the Bank.

Previous :

Treasury Operation Analyst, J P Morgan Chase Bank
Mumbai

Worked from 2005 to 2008

Brief summary :

J P Morgan Chase Bank N.A., Mumbai May 2005 - April 2008 Treasury Operation Analyst - Research and review NATO clients global investment for smooth transfer of funds from their ATBAS /Titan Account to NOSTRO and further transfer of funds to ultimate beneficiary account via SWIFT. - Maintain NOSTRO balances in foreign currencies at agreed levels; constantly monitor and arrange for replenishment as necessary. - Payment / receipt processing using SWIFT network and proprietary payment systems, ensuring instructions comply with payment system standards. - Provide daily support for Treasury Dealer funding transactions including FX and MM trades processing, confirmation and settlement - Reconciliation: Cash, Holding/Assets, NOSTRO and Inter-company - Payment/receipt error investigation and resolution, requiring handling of queries from internal as well as external counterparts - Account entry posting - FX for NAV calculations - Hedge Fund Settlements - Treasury system data base update and maintenance, e.g. standard settlement instructions / internal signatory database etc. - MIS development - improving on current reporting, e.g. daily STP statistics, error log, cash at banks, key performance indicators, Key risk indicator etc., plus creating new reports. - Bank credit receipt confirmation / sending of trade confirmations. - Monitoring of payments and liaison with Compliance for those Instructions that do not comply with Office for Foreign Assets Control (OFAC) regulations. Lucky Jewellery LLC., Dubai January 1999 till February 2005 Accounts Manager - Controlling the activities of accounts department. - Preparing payment schedules for suppliers and financers. - Finalizing the accounts and report to H.O. on a monthly, quarterly and yearly basis. - Instructing the branches to provide their daily and weekly accounting reports in specific formats, summarizing the received reports and forward to H.O. Dubai. - Preparing the analytical reports of Monthly Operating cost with comments to control. - Preparing analyzes Reports in MS Power Point and reporting to director, regarding various sales aspects, cash flow, fund flow, stock situation category wise, operational cost, profitability and business progress. - Periodical analyzes on stock situation and preparing reports on non-moving items and suggests various schemes and promotional prices to the management for better cash flow. Arzaani Travel and Tourism Services, Mumbai November 1995 till December 1998 International Counter Staff. - Handling International and Domestic Ticketing - Handling Ticketing On Computer Reservation System (SABRE) - Handling Passenger Sales Report (PSR) For Stock Holding Airlines. - Correspondence with Corporate Clients. - Daily Routine Work.

Previous :

Treasury Operation Analyst, J P Morgan Chase Bank
Mumbai

Worked from 2005 to 2008

Brief summary :

J P Morgan Chase Bank N.A., Mumbai May 2005 - April 2008 Treasury Operation Analyst - Global Custody Settlement - Provide daily support for Treasury Dealer funding transactions including FOREX, MM and Derivatives trades processing, confirmation and settlement - Account entry posting - FX for NAV calculations - Reconciliation: Trades, Cash, Holding/Assets, NOSTRO and Inter-company. - Maintain NOSTRO balances in foreign currencies at agreed levels; constantly monitor and arrange for replenishment as necessary. - Payment / receipt processing using SWIFT network and proprietary payment systems, ensuring instructions comply with payment system standards with in the cut-off time. - Investigate and resolve Trade related issues such as mismatch in trade dates, late processing, fund transfer, etc. - Research and review NATO clients global investment for smooth transfer of funds from their ATBAS /Titan Account to NOSTRO and further transfer of funds to ultimate beneficiary account via SWIFT. - Payment/receipt error investigation and resolution, requiring handling of queries from internal as well as external counterparts - Assisting front office in opening of Custody, Cash and Trading accounts in line with the banking instructions provided by the counterparty. - Hedge Fund Settlements as per settlement instruction provided by internal as well as external customers. - Treasury system data base update and maintenance, e.g. standard settlement instructions / internal signatory database etc. - MIS development - improving on current reporting, e.g. prudential reports,daily STP statistics, error log, cash at banks, key performance indicators, Key risk indicator, Mismatch report, FX Customer position ,etc., plus creating new reports. - Monitoring of payments and liaison with Compliance for those Instructions that do not comply with Office for Foreign Assets Control (OFAC) regulations. Lucky Jewellery LLC., Dubai January 1999 till February 2005 Accounts Manager - Finalizing accounts (T/ B, Income Statement and B/ S). - Handling Accounts Receivable functions including order processing, payment follow-ups with salesmen as well as the customers, periodical review of customers accounts and reconciliation, issuing monthly credit notes for display, discounts, etc. Preparing A/R outstanding report fortnightly and accounting receipts. - Managing Accounts Payable functions including checking suppliers bills, suppliers account reconciliations and approving payments. - Handling and Keeping track of multiple of LCs. Ensuring timely collection and correct submission of documents against LC. - Ensure optimum utilization of banking facility. - Review of bank reconciliation. - Generating weekly and monthly management reports viz. (MIS, Cash Flow, KPI, KRI, etc.) - Monitoring inventory control functions including physical verification of warehouse stock and at stock points and monthly reconciliation of stock. Arzaani Travel and Tourism Services, Mumbai November 1995 till December 1998 International Counter Staff - Handling International and Domestic Ticketing - Handling Ticketing On Computer Reservation System (SABRE) - Handling Passenger Sales Report (PSR) For Stock Holding Airlines. - Correspondence with Corporate Clients. - Daily Routine Work.

 
 
 
 
Gulrez's communities
Banking & Insurance Professionals
16092 members, 147 jobs, 347 articles, 208 questions, 671 debates, 251 idea contests.
Trade finance
926 members, 7 jobs, 64 articles, 24 questions, 19 debates, 5 idea contests.
 
 
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