Fredrick A. Pankieth is a finance professional with over 16 years of experience in risk management, compliance, operations, and systems development at reputed organizations. He has expertise in strategic planning, business development, project management, and people management. Currently he works as a Manager of Risk, Audit & Compliance at IDBI Capital Markets Ltd, where he oversees a team and is responsible for tasks like risk and control assessment, key risk indicators, and operational loss database reporting.

1. Fredrick A. Pankieth
fredrick_a@rediffmail.com
+91-9004296552/9820704158
A Finance professional recognized for predictive and proactive risk management and successfully
spearheading the task assigned, having experience of over 16+ years with reputed organizations in Risk
management & Compliance, Operations, and Systems development.
EXECUTIVE SUMMARY
 A seasoned professional with more than 16+ years experience in Strategic Planning, E-Business/ E-
Commerce, E-broking, Business Development, Project Management, Alliance Building and People
Management.
 A dynamic professional with over 16+ years of experience in the areas of Capital Markets
 Participate in the design and development of the new risk platform to support the growing needs
of risk and control.
KEY RESULT AREAS
Risk Management
 Operational Risk Manager is responsible for providing assistance to the Department Head in the
overall management and implementation of the Bank’s Operational Risk functions as follows:
Risk & Control Assessment – Ensure that all identified operational risks of each business and functional
group are mitigated by adequate controls through proper risk assessment methodologies.
.Key Risk Indicators (KRI) – ensure that key risk areas are properly identified, monitored and escalated to
Senior Management on a timely manner.
• Operational Loss Database & Reporting – maintain the Bank’s operational loss events database,
recommend process improvements and escalate to Senior Management on a timely manner.
• New Products, Policies and Procedures Approval – participate in the review and approval process by
identifying control weaknesses or process gaps and providing meaningful recommendations and corrective
measures in any new product or policies and procedures proposal.
• Outsourcing – ensure implementation and compliance with the Bank’s policy on outsourcing as well as
evaluate the risks in current and future outsourcing projects.
Compliance
• Initiating legal and compliance, polices and processes within the company
• Ensuring Compliance for Broking, Portfolio Management, Merchant banking, Investment Banking
• Review, manage and coordinate with the back office and related departments on client complaints, and
Compliance issues and grievances.
• Replying to client’s grievance routed via regulatory authorities like SEBI NSE and BSE.
• Developing and implementing operations strategies for new process transitioning and scaling.
• Co-ordinate with company's internal legal and compliance needs, for related documentation with the
external counsels and the exchanges
• Keeping the organization informed of new laws and regulations as per the Exchange and SEBI rules and
regulation, or changes in legislative requirements applicable to the operations of the business unit.
• Conduct Annual Compliance and Know Your Customer (KYC)/Money Laundering meetings and training
including the review of the Compliance Outline with new hires.

2. Duties and Responsibilities
Risk and Control Assessment
• Identify risks and controls of all business and functional groups;
• Analyze & measure effectiveness of controls, identify residual risks and recommend risk acceptance by
Management;
• Maintain database of risks and controls for each business and functional groups;
• Conduct periodic testing of effectiveness of controls; and
• Escalate risk and control assessment results to Management.
Key Risk Indicators (KRIs)
• Identify, establish and implement the Bank’s KRI;
• Maintain database of KRIs and record KRI report from each business and functional group into the
system;
• Analyze KRI report from each business and functional group; and
• Escalate KRIs that requires immediate Management’s attention.
Operational Loss Events Database and Reporting
• Investigate operational loss events report from business / or functional group;
• Identify control gaps, accountabilities and policy violations;
• Recommend control measures addressing all control gaps identified;
• Record the loss event into the system;
• Reconcile financial figures against core banking system;
• Report high frequency and severity events to Senior Management; and
• Follow-up / monitor corrective actions.
New Products, Policies and Procedures Approval
• Conduct review of new products, policies and procedures proposal. It also includes review of
amendments to existing policies and procedures;
• Identify process gaps and recommend corrective measures.
• Submit a review report including comments and recommendations to the Department
Team Management
.Leading, mentoring & monitoring the performance of team members to ensure efficiency in process
operations and meeting of individual & group targets.
.Creating and sustaining an environment that fosters development opportunities & motivates high
performance resulting in improved efficiencies.

3. PROFESSIONAL EXPERIENCE
IDBI CAPITAL MARKETS LTD Since’ April 10
MANAGER – Risk Audit & Compliance
Desg: Manager (Risk, Audit & Compliance)
Reporting To: Chief Financial Officer (CFO)
Role:
 Overall Supervision with team of 04 People.
 Preparation of BOD process. (Limit File, FO Banned Scrip, Upload of Securities, Preparation Of
Ageing Analysis, Mailing Debtors list to Customer Care and Branches)
 Creating CTCL Dealer id for Offline/Online Portal.
 Preparing Ageing Reports, Following up with branches & Business Associates.
 Following up for Clearance of Debits for all Branches/B.A’s for all regions.
 Monitoring MTM for all Branchwise/Scripwise/Clientwise position.
 Preparation of MIS reports, Feasibility reports and conducting Due Diligence.
 Monitoring MTM position for Future & Options, Hedging Positions, Clearing positions in case of MTM
Shortfall.
 Handling Queries of Branches & Business Associates across region.
 Coordination with branches related to any system/process/policy related activity.
 Preparing and reviewing of RMS Policies.
 Training to new Business Associate’s related to our Software, Procedures & System about our
Policies & products.
 Coordination with Business team for implementation of new products & policies.
 Reading Circulars on daily basis.
 Participation in Mock test for checking of additional features and process and for version up
gradation implemented by exchanges.
 Participation in UAT testing for new product launching, Creating Scenarios, Approving the same
from Risk Management Committee and implementing the same to Risk management System.
 Weekly Reports to higher Authority related to Bad Debts/penalty from Exchanges and Internal
Audits.
 Ageing Debit Follow up MTM % Monitoring, Liasoning with vendor for Software Up gradation and
licenses up gradation, Training to Franchises, Follow up for FO Shortfall Liquidation of stocks,
Avoid Naked Debits & Smooth Functioning of process.
Achievements:
 Successful testing and implementation of ODIN 10.0.02 version
 Implementation of FO Intraday Module in ODIN 10.0.02 version
 Development, testing & Implementation of Fund View option in ODIN
 Implementation of SDF (FNO Scrips) Online Trading Surveillance System
 Training and Presentation provided to Business Associate’s.
 Implementation and customization of Rakshak Risk Software.
 Implementation of ATOM Payment Gateway Module.

4. SBI CAP SECURITIES LTD
June 2006 till April 2010
Manager – Risk Management & Surveillance
Manager - Manager (Risk Mgmt & Surveillance)
Reporting To: Chief Operating Officer (COO)
Role:
 Overall Supervision of Risk Management with the team of 8 people
 Taking care of Risk Management (Setting Up & Giving Limits to Clients)
 Handling of BSE/NSE & NSE F & O Admin Terminal, setting of Limits for Dealers / Branches / HNI
& Arbitrage clients, Direct Clients & Sub brokers clients etc.
 Job involves creation of new user id in CTCL - FT Admin Terminal for Dealers / Branches / clients
/ HNI / Arbitrage clients and compelling with the rules of the Stock Exchanges as
specified/required by them for creation of new user ids of Dealers / Authorized Person created in
FT Terminal.
 Setting trade limit for different exchanges i.e. BSE / NSE & NSE F & O for clients users created in
FT Terminal for Dealers / Branches / HNI / Direct Clients & Sub broker client etc as per HOD /
Management decision.
 Creation of new individual clients for Dealers / HNI & Direct Clients and mapping of the same to
the User ID created in FT Terminal & setting of individual limits for different exchanges for new
clients created and mapped to the user Terminal.
 Mapping of the clients of all the branches
 Looking after overall Collections (Ageing debits)
 Job involves looking after CTCL- FT Admin Terminal and liasoning with Dealers / HNI clients &
Branches with back Office Operations for follow up etc.
 Working with Beats Software Back Office & ODIN Front Office.
 Handling queries related to RMS for all branches across the country.
 Training to the clients for using ODIN Front Office & Beats(Trading Software & Back office
software).
ACE RICHESSE INDIA PVT.LTD September 2005 till June 2006
Operations In-Charge
Operation In-Charge – (Operations)
Reporting To: Assistant Vice President - Operations
Role:
 Working with SDG Software Front Office & back Office
 Handling queries of franchisee of branches/BA’s all over India
 Taking care of Risk Management & Surveillance (Setting Up & Giving Limits to Clients)
 Looking after Pay-in & Pay-out of Shares & Funds of Clients
 Installation of Back Office Software (Thin Client – Workhorse)
 Mapping of the clients of all the franchisee’s
 Tallying of all the accounts (Shares & Funds)
 Training to the clients for using Thin Client & Orion(Trading Software & Back office software)
 In charge of CTCL Department (SDG Software)
 Advising/Attending on Issue faced by any branch/BA’s
 Identifying, negotiating and appointing the intermediaries for Issue
 Liaison with the regulatory authorities including SEBI, Stock Exchange and Compliance with their
guidelines.

5. ADVANI SHARE BROKERS PVT LTD October 1999 till Sept 2005
Back office Supervisor
Reporting To: Senior Manager
Role:
 Handling whole procedure of Listing IPO/FPO/Direct listing/Rights.
 Analysis of the Offer Document filed with the Exchange.
 Preparing the offer letters, managing the approval report.
 Handling Complete Book Building Process at Stock Exchange end while coordinating with the
Regulatory Bodies and coordinating with Merchant Bankers.
 Coordination with NSE for Companies Book Building& Listing.
 Checking & Approval of Basis of Allotment.
 Handling complete Post Issue Listing exercise for Public Issues.
 Liaison with the regulatory authorities including SEBI and National Stock Exchange and Compliance
with their guideline.
 Conducting Regulatory Compliances for Listing of IPO’s, FPO’s and Direct Listing.
STRENGTHS
 Good knowledge and understanding of Banking, Capital Markets, Investment Banking.
 A high level of independence, initiative, planning and good judgment.
 Well organized and methodical and thorough approach to work.
 Good analytical and communication skills with some experience in managing projects.
 Excellent presentation, computer, communications, and interpersonal skills
ACADEMIA
 B.com from Mumbai University.
 H.S.C from National Education Society High School & Junior College.
 S.S.C from St.Xaviers high School & junior College.
OTHER QUALIFICATION
 Certification in Future & options (Derivative trading). One Day Seminar Programme
 Certification in NISM Series VII - Securities Operations and Risk Management Certification Examination.
 Certification in NISM Series VIII - Equity Derivatives Certification Examination.
 Done awareness course in Windows 98 and MS Office 97 from Big Byte Computer Institute.
 Diploma in Computer programming from Learning Point Computer Institute.
 Done Excel Training Course from Pragrati Software (Excel III).
PERSONAL DETAILS
Date of Birth: 16 August 1978
Nationality: Indian
E-mail Id: fredrick_a@rediffmail.com
Address: S.H.H Residency, 504, lake Road, Bhandup, Mumbai
Hometown: Mumbai