Vinay Munhet Email & Phone Number

Singapore

Founded in 1978, Trident Trust is a leading independent corporate, fiduciary, and fund administrator, across a global footprint that spans Africa, the Americas, Asia, the Caribbean, Europe and the Middle East.Financial institutions, professional advisors, asset managers, family offices and international businesses turn to us for the provision of independent corporate, trust and fund administration services. Reach out to discover how our global reach and tailored services can make a… Show more Founded in 1978, Trident Trust is a leading independent corporate, fiduciary, and fund administrator, across a global footprint that spans Africa, the Americas, Asia, the Caribbean, Europe and the Middle East.Financial institutions, professional advisors, asset managers, family offices and international businesses turn to us for the provision of independent corporate, trust and fund administration services. Reach out to discover how our global reach and tailored services can make a difference to you and your clients. Show less

Singapore

Fiduciary services provider for successful entrepreneurs & HNW families (formerly part of Rothschild & Co Group)• Set up and restructure trusts and other SPVs; develop strategies and ensure implementation of action plans to mitigate risks and balance multi-stakeholder interests.• Prospect for clients and convert leads from referrals, preparing targeted pitchbooks/marketing materials, proposing solutions based on the bespoke needs and requirements of wealth owners.• Draft trust… Show more Fiduciary services provider for successful entrepreneurs & HNW families (formerly part of Rothschild & Co Group)• Set up and restructure trusts and other SPVs; develop strategies and ensure implementation of action plans to mitigate risks and balance multi-stakeholder interests.• Prospect for clients and convert leads from referrals, preparing targeted pitchbooks/marketing materials, proposing solutions based on the bespoke needs and requirements of wealth owners.• Draft trust documents, vet contracts and participate in development/testing of trustees’ operating systems and processes.• Lead due diligence for new business onboarding/existing clients based on latest regulations, collaborating with diverse stakeholders; ensure operations of structures comply with local/global regulations.Achievements:· Set up and restructured various complex billion-dollar structures, working in close partnership with key clients and family offices with controlling stake in diverse assets; involved in managing and restructuring companies across multi-country tax jurisdictions and a suite of service providers.· Successfully onboarded a large master trust with 5 sub-trusts worth > USD 200M, each involving various family members, with the challenge of ascertaining complete source of wealth, dissolving all master trust assets and moving them to the sub-trusts; letter of appreciation received from family at close.· Proposed process improvements to the firm’s Billing System; co-managed the transformation process with the head of operations leading to more accurate and timely client reporting, and firm-wide productivity increase of >10%.· Won and converted several key clients including a multi-million-dollar client looking for pre-IPO structure involving multi-layered companies and unique transfer of ownership to family members. Simultaneously, strongly opposed onboarding risky clients with unascertained sources of wealth, thus avoiding potential reputational risks to the firm. Show less

Mumbai, India

Chartered Accountancy firm focused in Accounting, Auditing, Consultancy and Taxation. • Led teams of 3 to 10 professionals conducting full financial statement audits, internal audits, and tax audits.• Prepared general & tax accounts for clients, direct and indirect tax computations, compliance returns and reports for individuals and corporate entities, including drafting submissions to tax authorities at the assessment and appeal stages.• Supervised teams from 5 to 40… Show more Chartered Accountancy firm focused in Accounting, Auditing, Consultancy and Taxation. • Led teams of 3 to 10 professionals conducting full financial statement audits, internal audits, and tax audits.• Prepared general & tax accounts for clients, direct and indirect tax computations, compliance returns and reports for individuals and corporate entities, including drafting submissions to tax authorities at the assessment and appeal stages.• Supervised teams from 5 to 40, conducting audits and compliances of public sector banks; represented the firm at meetings conducted by top management of these banks.• Provided consultancy on finance and compliance matters to diverse types of entities; assisted in compliance related matters with the Securities & Exchange Board of India for portfolio management entities. • Co-managed wealth of HNI clients with AUM > INR 500M, creating portfolios of investments in debt instruments, equity market, and real estate based on their bespoke circumstances including risk appetite.• Evaluated and prepared financial forecasts and valuation reports for start-ups and limited companies.Achievements:· Redesigned and strengthened audit procedures to detect revenue leakages in various public sector banks.· Consistently achieved ROI of ~150% of prevalent market return for HNI clients through diversification of asset classes.· Uncovered 3 significant frauds conducted by clients’ employees by collating and analysing various management information reports; initiated improvements for clients including structured checks and balances to detect red flags.· Raised > INR 160M of investments for Venture Capitalist clients through proactive engagement with the entrepreneurs.· Resolved demand notices for public sector bank clients, in particular involving TDS demands, scrutinizing their internal systems, rectifying data running into thousands of transactions spanning > 40 branches, and saving clients > INR200M. Show less

Chartered Accountant, Finance And Financial Management Services

Member of ICAI India and Singapore branch

Master Of Business Administration (Mba), Finance And Financial Management Services, Cum Laude

Diploma, International Trust Management, Distinction

Member of STEP Singapore Branch

Bachelor Of Commerce (B.Com.), Accounting And Finance, First Class