---
title: "Mallikarjun Sangate - Operations Manager in Bengaluru | Tal"
description: "Meet Mallikarjun Sangate, Manager @HSBC | Expertise in Derivatives, Hedge Fund , Crypto Currency, Corporate Actions, Trade Support, Reconciliation, in Investment Banking Domain. based in Bengaluru."
image: "https://tal.club/meet/arjun-s-2/share-image"
---

# Mallikarjun Sangate on Tal

## Headline

Manager @HSBC \| Expertise in Derivatives, Hedge Fund , Crypto Currency, Corporate Actions, Trade Support, Reconciliation, in Investment Banking Domain\.

## About

Manager at HSBC with over 6 years of experience in tax reporting, reconciliation, and operations across a range of fund types including hedge funds, mutual funds, private equity, and crypto derivatives\. Skilled in accounting, cash and position reconciliation, and coordinating with tax authorities\. Passionate about process improvement, regulatory compliance, and driving operational efficiency in a dynamic financial environment\.

## Location

Bengaluru

## Work experience

Operations Manager at HSBC, Apr 2025 \- Present · 1 yr 7 mos, Bengaluru, Karnataka, India

Asst\. Manager at Deloitte, Feb 2024 \- May 2025 · 1 yr 4 mos, Bengaluru, Karnataka, India, \-Assist clients in obtaining favorable tax rates on dividend payment dates by ensuring timely submission of tax documents\. \-Prepare tax documents through the Tax Certification Process, perform Elective Dividend Service \(EDS\), and manage Beneficiary Owner breakdown declarations\. \-Manage outstanding cash &amp; position breaks\. \-Ensure client withheld tax percentages are correctly charged\. \-Prepare Reconciliation of transaction details and creating tax vouchers for reclaim\. \- Provide support and maintain good relationships with stakeholders, clients, account managers, and Client Services on tax\-related issues

Assistant Manager at EXL, Jun 2022 \- Feb 2024 · 1 yr 9 mos, Bengaluru, Karnataka, India, Crypto Derivative Accounting

Reconciliation at STP Investment Services, May 2021 \- Jul 2022 · 1 yr 3 mos, Bengaluru, Karnataka, India, I possess extensive experience in reconciling both investment manager and custodian accounts, specializing in a wide range of financial instruments, including Derivative, Hedge funds, Private Equity funds, Mutual funds, and commingle funds\. My key responsibilities encompass capturing corporate actions and executing adjustment bookings within accounting systems\. This entails managing a diverse array of transactions, including Dividends, Management Fees, Administrative Fees, and Market Value adjustments, all aligned with the current Net Asset Value \(NAV\) prices\. My proficiency in this role has contributed to the seamless handling of complex financial instruments and the accurate representation of fund values\.

Exchange Traded Derivative at STATESTREET HCL SERVICES \(INDIA\) PRIVATE LIMITED, Jun 2019 \- May 2021 · 2 yrs, Pune, Maharashtra, India, I worked during the APAC shift, where our focus was on Futures and Options derivative products\. We managed diverse data sources, including information from investment managers, brokers, SWIFT, trade blotters, trade files, fax instructions, and Instruct Lite\. Our responsibilities involved following instructions meticulously and accurately booking activities such as trades, margins, commissions, interest, forex, and collaterals\. After booking a trade, we ensured that the CUSIP price was updated in accordance with Bloomberg and Reuters\. If not, we collaborated with the pricing team to obtain the necessary updates\. Additionally, we engaged with both upstream and downstream teams to resolve breaks and address queries\. We utilized post\-MTM \(mark\-to\-market\) cash activity\. The reconciliation process involved comparing custody data with broker data\. As a final step, an internal review was conducted\. Once everything was verified and in order, we signed off on the fund, transferring it to the fund accounting team or core team for further processing\.

## Education

MBA FINANCE, Banking, Corporate, Finance, SB PATIL INSTITUTE OF MANAGEMENT

Bachelor of Business Administration, Sangmeshwar college

[View the original profile](https://tal.club/meet/arjun-s-2)

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