Udaya Bhaskar
Business Analysis (Project and Programme Management) @HSBC
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WORK HISTORY
Business Analysis (Project and Programme Management) @HSBC
Düsseldorf, DE
Working as Project manager and Business analysis for Securities Taxation and Regulatory Reporting ServicesResponsible for implementing Withholding tax service across the markets, for Relief at Source, Quick Refund and Standard RefundDefine the new tax service offering for different business lines like Private banking, securities services and outsourcing clients of HSBCImplemented OECD TRACE model for Finland, first market to adopt in Europe, coordinating with legal, tax, product, operations team at HSBC Group level in transition to become Authorised Intermediary (AI) in 1st waveRepresented HSBC Germany in TRACE workshops with Finnish tax authorities, sub/global custodians, Big 4Working with Transformations, platform vendors and Big 4 for placing the IT changes for implementing Withholding tax servicesMonitor Annual tax governance as part Global Custodian Service on behalf of HSBC GermanyPrepare and periodically update the internal withholding tax manuals for various European marketsPrepare and publish withholding tax newsflashes to the client managers, sourcing the withholding tax changes from Big 4 and custodians.
EDUCATION
Andhra University
Bachelor of Commerce - BCom
Computer Skills
Diploma
Osmania University
Bachelor of Laws (LL.B.)
Institute of Company Secretaries of India
ACS Intermediate
SKILLS
ABOUT UDAYA BHASKAR
Lead Business Analyst in Asset Servicing space for T2S transition to create a Pan European Hub for a premium bank Expertise include for Income, Corporate actions, Market claims, Transformation, Withholding Tax, Financial Transaction Tax Good understanding of Liquidity Management, Settlements and Auto-collateral features of T2S Familiar with ISO 15022 and ISO 20022 standards of Securities Operations messages Managed IT Operations initiatives in post trade processing area of premium US wealth manager Impact analysis and Requirement gathering for Robotics (RPA) implementation
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