Sumin Dhakal, Personal Secretary to the Minister of Finance

Sumin Dhakal

Personal Secretary to the Minister of Finance

Government of Nepal, Ministry of Finance

Location
Nepal
Education
Master's degree, Banking Finance & Risk Management
Experience
16 years, 2 Months

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Work Experience

Total years of experience :16 years, 2 Months

Personal Secretary to the Minister of Finance at Government of Nepal, Ministry of Finance
  • Nepal
  • March 2013 to February 2014

Responded to enquiries from politicians, the media, lobbyists and pressure groups on economic issues.
Managed honourable's diary.
Made travel arrangements and taken minutes at meetings.
Undertaken all administrative duties, such as : responding to correspondence and updating databases and disclose information.
Carried out research into local, regional, national and international issues as required, and made aware such matters to honourable.
Made press releases, newsletters to promote the Honourable's work.
Updated current affairs to Honourable.
Liaised with members of government and local government, party head quarters, other politicians and their staff, embassies, commissioners, relevant interest groups, the media, relevant voluntary sector organisations and constituents assembly members.

Senior Manager at Vibor Bikas Bank Limited
  • Nepal
  • September 2010 to September 2011

Augmented internal risk compliance by accumulating and assessing pertinent external information from several sources such as custodian, investment managers, consultants, NRB, and other industry sources and research publications for incorporation into the risk system analysis.
Supported CFO, CEO, Risk management committee in the development, evaluation and maintenance of the risk management function, including the drafting of policies and procedures.
Maintain up to date knowledge of risk metrics and or other regulations pertaining to risk management investments, and report back to the team as required.
Develops and reports a Non-financial Risk Dashboard, highlighted major operational risk exposures and actions taken; facilitated Risk Assessment Workshops.
Lead the delivery of the appropriate risk identification, measurement, management, monitoring and reporting of all risk types through the risk register as defined.
Developed an effective risk control framework such that all relevant risk types are identified, measured, managed, monitored and reported.
Evaluate data pertaining to costs of risk department in order to plan budgets.
Supervised & reviewed performance management contract of the risk team
Provided guidance and direction to subordinates, including setting performance standards and monitoring performance.
Maintained cordial relationship with Central Bank and coordinated accordingly.

Manager at Vibor Bikas Bank Ltd
  • Nepal
  • November 2008 to September 2010

Worked as a Manager on Credit department with comprehensive managerial function of the credit service and administration department.
Review and recommend amendments on credit policies and guidelines to risk management committee.
Provided guidance and expert advice to management on process-related topics.
Lead the team to recovered Non- Performing Loan
Monitored and reviewed client information reports prior to enhanced further facilities.
Prepared management response to internal & statutory audit reports.
Supervised sub-ordinates and reviewed their performances.
Participated in Staff recruitment for credit department.
Develop network to find and attract new business and reached the target allocated by the management.

Deputy Manager at Ace Development Bank Ltd
  • Nepal
  • July 2008 to November 2008

Handled corporate customer and consortium clients.
Supervised day-to-day management of corporate credit department.
Represented on risk management committee on behalf of credit team and duly adhered feedback and recommendation.
Lead, as well as represented Ace on syndicate loan and signed on agreements.
Analysed corporate credit files and recommended for approval to the approving committee.

Assistant Manager at Ace Development Bank Limited
  • Nepal
  • July 2003 to July 2008

Oversee day-to-day management of credit department .
Evaluate financial reporting systems, accounting and collection procedures and make recommendations for changes to procedures, operating systems, budgets, and other financial control functions.
Evaluate data pertaining to costs of credit department in order to plan budgets.
Supervised & reviewed performance management contract of the credit team.
Provided guidance and direction to subordinates, including setting performance standards and monitoring performance of the team.
Used relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards.
Analysed retail credit applications and recommended for approval to the credit committee chaired by CEO.
Monitored & duly implemented credit risk management Policies and guidelines
Evaluate data pertaining to costs of credit department in order to plan budgets.
Ensured on an on-going basis that the organization’s portfolios and benchmarks are correctly and appropriately mapped to the target assigned.
Played a key role in the development of scenario generation and analysis for the credit portfolio and reported conclusions and recommendations to the management as required.
Verify and maintain all data structure on the credit department and responded .
Lead workshops organized for clients through thought leadership and Industry expertise.
Proactively identify new solution ideas and help implement them for clients.
On Credit Risk issues, reported credit risk exposures on settlement risk, pre-settlement risk and margin lending risk.
Manage mortgaged registered,
Follow-up loan recovery, Sending reminders letters.
Attended management committee meetings and prepare reports on the past due reports including finance and administrative matters.

Officer at Ace Finance Company Limited
  • Nepal
  • August 1996 to July 2003

Handled customer inquiry.
Opened customer account by making transactions.
Generated customer’s statements and handled customer correspondence.
Supervised the administration and finance systems and procedures for day-to-day management.
Handled day end system of the softwere called Ace ware.
Presented portfolio analysis and reports, including conclusions and recommendations to Investment

Education

Master's degree, Banking Finance & Risk Management
  • at Glasgow Caledonian University
  • September 2012

2011- 2012 MSC in Banking Finance & Risk Management (Continuing), Glasgow Caledonian University, Glasgow, Scotland Key Subjects: Operational Risk Management, Investment Banking, Operation & Strategy in Banking, Financial Market and Product Risk, Measurement and Management of Banking Risk

Master's degree, Accounting, Finance, Personal Management
  • at University, Nepal
  • January 2001

1999- 2001 Master's Degree in Business Administration, Tribhuvan University, Nepal Key Subjects: Management Accountancy, Managerial Finance, Marketing Management, Financial Management, Managerial Economics & Budgeting, Profit Planning & Control. Dissertation: Growth of Finance Companies in Nepal.

Specialties & Skills

Operational Risk
Corporate Sponsorships
Committee Management
Financial Regulation
Operational Risk Management
Strong financial and numerical skills
CUSTOMER ACCOUNT
CUSTOMER SERVICE
MANAGERIAL
RETAIL CREDIT

Languages

Hindi
Expert
Urdu
Beginner
English
Beginner

Memberships

CISI
  • General Member
  • September 2011

Training and Certifications

Infrastructure Projects Financing (Training)
Training Institute:
IP3 Institute for Public Private Partnership
Date Attended:
August 2007
Duration:
24 hours
General management Program (Training)
Training Institute:
The British Council, Kathmandu, Nepal
Date Attended:
September 2006
Duration:
240 hours
Project Management Program from IIMA India, Ahemdabad (Training)
Training Institute:
Project Management
Date Attended:
September 2007
Duration:
120 hours