Samrendra Kumar
London
Summary
Professional with strong expertise in treasury management and financial strategies. Proven ability to drive financial stability, optimize cash flow, and manage risk. Known for effective team collaboration and adaptability to evolving business needs. Skilled in financial analysis, liquidity management, and compliance with regulatory requirements.
Overview
9
9
years of professional experience
1
1
Certification
Work History
Senior Treasury Manager
Bank of Baroda (UK) Ltd
07.2023 - Current
- Revamped Treasury department operations, overseeing balance sheet, liquidity, investments, Derivatives and Foreign Exchange; managed day trading, FX cross currency arbitrage activities and guided dealers, resulting in a 20% increase in Forex profit within six months
- Collaborated cross-functionally with other departments such as finance, accounting, tax, legal, and procurement to ensure seamless integration of treasury-related activities.
- Reduced bank fees by negotiating favorable banking terms and services agreements with multiple financial institutions.
- Maintained adequate liquidity levels through proactive cash management techniques including borrowing under credit facilities or investing surplus funds in short-term instruments when appropriate.
- Implemented cash management strategies to optimize cash flow.
- Developed and delivered financial reports for senior management and board of directors.
- Conducted annual credit reviews to assess counterparty risks.
- Managed funding and liquidity positions under the Bank's Risk Appetite Statement.
- Provided technical assistance to ALM committee and various other bank committees including Investment, Credit Risk Evaluation and Risk Committees.
- Established Hedge Accounting protocols aligning with the Risk Management Framework.
- Implemented effective methods for predicting liquidity and NSFR outcomes.
- Created and executed strategies for managing IRRBB.
- Participated in capital structure planning and liquidity stress test analysis.
Investment and Credit Administrator
Punjab National Bank (International) Ltd
02.2023 - 06.2023
- Created comprehensive policies and procedures for the department.
- Managed investment and mortgage portfolios totaling over £600 million.
Head of Treasury
State Bank of India (UK) Ltd
10.2018 - 12.2022
- Drove significant revenue growth by orchestrating comprehensive supervision over treasury functions.
- Oversaw Market Risk management and designed strategies for IRRBB.
- Developed and presented a hedging strategy proposal to senior management and the Board.
- Oversaw investment portfolio exceeding £400 million, including high-quality liquid assets.
- Cultivated relationships with market participants to secure £1 bn in wholesale funding within the Repo market.
- Developed models for financial forecasting to comply with regulations.
- Set up treasury function encompassing policies, procedures, limits, hedging strategies and legal agreements.
Chief Investment Officer
SBI General Insurance Co Ltd
10.2015 - 10.2018
- Maximized profitability of over $1bn investment in diverse assets like Corporate Bonds, Sovereigns, and money market funds while adhering to risk tolerance.
- Developed models for optimizing cash management.
- Established and maintained strong relationships with customers, vendors and strategic partners.
Education
Master of Business Administration - Finance
Pondicherry University
Bachelor in Commerce - Accounting, Mathematics, Economics
Delhi University
Skills
- Cash management
- Liquidity Risk Management
- Interest Rate Risk Management
- Hedging
- ALM
- Balance sheet Management
- Regulatory Compliance
- IRRBB
- Foreign Exchange Risk
- Foreign exchange management
- Cash management expertise
- Bank relationship management
Certification
- Certificate in Treasury from ACT. Working towards AMCT.
- FRM Part 1 (GARP)
- Certified Anti-Money Laundering Specialist (ACAMS)
- CertT
- CAMS
Timeline
Senior Treasury Manager
Bank of Baroda (UK) Ltd
07.2023 - Current
Investment and Credit Administrator
Punjab National Bank (International) Ltd
02.2023 - 06.2023
Head of Treasury
State Bank of India (UK) Ltd
10.2018 - 12.2022
Chief Investment Officer
SBI General Insurance Co Ltd
10.2015 - 10.2018
- Certificate in Treasury from ACT. Working towards AMCT.
- FRM Part 1 (GARP)
- Certified Anti-Money Laundering Specialist (ACAMS)
- CertT
- CAMS
Master of Business Administration - Finance
Pondicherry University
Bachelor in Commerce - Accounting, Mathematics, Economics
Delhi University
Similar Profiles
KARAMVEER SINGHKARAMVEER SINGH
Data Analyst at BANK OF BARODAData Analyst at BANK OF BARODA
Anushree DikshitAnushree Dikshit
Senior Financial Crime Associate at State Bank of India UKSenior Financial Crime Associate at State Bank of India UK
SAURABH MAHAJANSAURABH MAHAJAN
Senior Banking Consultant(2IC) at ANZ BankSenior Banking Consultant(2IC) at ANZ Bank