Highly skilled operations professional with 7.9 years of experience in investment banking operations, reconciliation, auditing, financial reports, trade confirmation, client services, and business support. Recognized as an Associate within an investment bank. Seeking a mid-level operations management/executive role in the banking industry.
Strong leader of personnel with good interpersonal and presentation skills.
Excellent communication and ability to adapt quickly in a fast-paced work environment.
Energetic team player with a proven ability to thrive in independent and team environments. Experienced in working on Hourly/Daily and Monthly deadlines-based processes.
Results-driven leader overseeing a team of 20+ subordinates in Private Equity Reconciliation and Audit. Expertise in preparing comprehensive training plans and delivering effective training sessions to new joiners.
Experienced Reconciliation Specialist with expertise in Stock & Cash Reconciliation, Audit Confirmation, and Risk Control. Demonstrated ability to meet tight deadlines in a highly regulated environment.
MIS professional with expertise in Management Information System Reporting. In-depth knowledge of associated tools for positions, securities, and payment reconciliation globally.
Trusted team player known for sharing knowledge and expertise with colleagues worldwide.
Results-driven professional with exceptional communication and interpersonal skills. Highly motivated and adept at solving problems and managing time effectively.
Flexible and proactive professional with a disciplined and detail-oriented approach. Known for being result-driven and possessing strong ethics.
Overview
9
9
years of professional experience
Work History
Associate - Credit Middle Office (Trade Support Reconciliation)
J.P Morgan Chase
Mumbai
01.2024 - Current
Managed a team consisting of 2 financial analysts and a Team Lead within the MO Trade Support Reconciliation department. Responsible for overseeing control functions to align trade value in risk management with Risk, PNL, and downstream applications.
Coordinated monthly work distribution amongst team members and monitored weekly task allocation.
Developed and managed training plans for new partners.
Creating and maintain Career Development Plan (CDP) for tenured Partners
Engaged in regular meetings with team members to discuss monthly statistics and develop plans for the upcoming month.
Provided monthly updates to senior management regarding the progress of Team development.
Ensured thorough and consistent assessment of various application accesses for the team.
Conducted thorough reviews and maintained high standards for team member assignments.
Interacted with different departments, stakeholders, and trade assistance teams including salesperson, trade capture team, cash & P&L team, and settlements team to prevent and resolve issues.
Amended internal trade bookings for Credit, Rates, and Equity based on confirmations from stakeholders.
Team Lead - Credit Middle Office (Trade Support Reconciliation)
J.P Morgan Chase
Mumbai
03.2022 - 01.2024
Collaborated with a team to reconcile MO Trade Support activities and maintain synchronization of trade values in risk management.
Pre-matched and matched trades on VD-1 and VD with counterparties
Identified, researched, and resolved unmatched trades.
DTCC platform & Trade Serv (External/Upstream Source) - On daily basis trade details to be checked in DTCC (confirmed/unconfirmed) and accordingly reaching out to TA's / SA's for amendment to clear the trade
Identified and resolved internal trade booking details such as Trade environment (Full unwind, Partial Unwind, New Trade, Novation, Credit Event) as part of reconcile team.
Simplified PTP vs DTCC reconciliation process by identifying and resolving mismatch details based on Break reasons.
Reconciled and distributed daily trading reports from BBG to TAs for record-keeping.
Effectively communicated with Trader to amend all identified mismatches and clear breaks on OTM (internal platform)
Conducted daily reconciliation of EMEA/ASIA broker accounts, comparing PTP (Pyramid) with the end-of-day Broker file and resolved discrepancies with TA's.
Implemented basis vs restructuring on CDS trades booked in PTP to align them with the defined static table.
Received and analyzed daily NCIM reports in Excel format to identify reasons for trades not feeding to GAUSS, such as cashflow discrepancies, timing delays, errors in pricing, and variations in book and wash book pricing environments.
Ensured weekly reconciliation of live trades from PTP with DTCC through paper POP checks, confirming all live trade from PTP either on paper or via the external platform DTCC.
Implemented daily T+5 control to detect duplicate trades and distinguish them from genuine trades with similar economics.
Performed daily reconciliations on internal trades (Credit, Rates, Equity) booked on T-1 day.
Collaborated with technology team on weekly calls to enhance breaks flow and efficiency, resulting in improved matching percentage and reduced market risk.
Facilitated efficient collaboration among stakeholders including FO, MO , BO , counterparties , and controllers to promptly address and resolve trading concerns.
Arranged and participated in periodic calls with JP Morgan Legal and senior management.
Provided support to manager in a range of responsibilities such as preparing team records, tracking updates, and ensuring adherence to SOPs.
Provided thorough training to new hires on various processes
Migrated reconciliation platform from Pyramid to Athena application, optimizing operational efficiency. Enhanced productivity by streamlining three essential processes (FX reporting, Bloomberg reports, and Credit Interenity rec) with the use of UIpath and Alteryx automation.
Assisted in the coordination of reconciliations for cash and stock settlements as part of the team supporting E2E Balance Sheet & Controls in America and EMEA regions, ensuring efficient operations.
Signed off multiple Suspense Accounts
Maintained flat account status by actively monitoring and resolving issues regarding Suspense/ Control accounts during trade settlements.
Managed and processed Journals for backdated trades with system limitations as a part of the Controls team.
Successfully reconciled FO/BO trades, resulting in increased accuracy and efficiency.
Identified and resolved manual errors to ensure smooth flow of trades from front office to back office (PeopleSoft), resulting in timely completion of transactions.
Produced comprehensive reports of exceptions caused by inaccurate adjustments.
Enhanced accuracy of cross currency trades by accurately capturing all transactions processed with incorrect native and settlement currency combinations.
Improved the accuracy of static reconciliation by manually entering journals into the Suspense account.
Conducted Front office and Back-office reconciliation using Excel to identify discrepancies and distributed the resulting breaks to stakeholders.
Approved daily price updates in CMAC from NSA, ensuring accuracy and compliance
Performed daily, weekly, and monthly reconciliation of P&L accounts.
Attended routine meetings with the Onshore team, sharing status updates regarding outstanding breaks.
Collaborated with Settlements, Trade Management, and Product Controls teams to effectively resolve breaks.
Successfully completed system migration for Reconciliation platform, Intellimatch, to CTC application.
Presented Pune Team's RAG Matrix to Management during weekly calls
Error Log/Knowledge Bank - Maintaining an error log and discussing it with the team as a knowledge bank.
Senior Analyst, Global Messaging Operations - Reconciliation
Deutsche Bank
Jaipur
06.2016 - 01.2020
Managed a team of 10+ FTEs, overseeing daily activities and approvals for report and reconciliation of client's financial positions with the bank on specified dates.
Ensured the integrity, completeness, and proper substantiation of client's financial statements.
Ensured the proper utilization of cash by monitoring and verifying the cash balance in client portfolios.
Maintained responsibility for delivering precise reports by reviewing and reconciling T1 P&L accounts of multiple products, benefiting stakeholders on a daily, weekly, and monthly schedule.
Chasing for statements: We chase for statements and contact notes to the fund company to provide accurate and latest updates on clients' investments.
Matched the balances of various GL buckets with Balance Sheet to provide accurate reporting to the client
Handling issues of client and On Shore in minimum time.
Coordinating external inspections, evaluating internal control system/procedures with a view to improving our control environment.
Managed escalated situations independently in the absence of a supervisor.
Assisted the Support Manager with various responsibilities such as team record-keeping, tracker updates, and maintaining SOPs.
Performed daily recon with Fund Company to ensure accurate accounting records.
Optimized the matching process for units, price, NAV, and market value.
Extensively networked with onshore partners, business lines, and top-priority clients to deliver reports within specified timeframes.
Managed and resolved technical/process issues by handling escalations and follow-ups until resolution
Reconciled accounting records with Fund Manager Statements and resolved breaks in units/holdings for Deutsche Bank.
Identified price exceptions and ensured their accuracy.
Maintained business MIS & reporting, consistently delivering regular reports to internal leadership and business clients.
Streamlined query handling by creating various reports like KPI Individual summaries, interactive dashboards, insightful KOP analyses, and comparative benchmark assessments
Conducted regular training sessions to update team members on process changes
Performed end-to-end system migration from Workflow tool to MIS tool.
Process Associate
Magna InfoTech (Deutsche Bank Jaipur)
Jaipur
09.2015 - 03.2016
Conducted daily cash reconciliation using receipts and collected cash
Recorded stock inward and outward manually and electronically
Ensured accuracy of stock and cash end-of-day transactions through daily reconciliations
Managed and updated financial records for semi-annual and annual auditing.
Supported auditor in the audit of Branch Accounting records and financial Statements.
Education
BBA -
St. Xavier’s College
Jaipur
03-2015
Skills
Regulatory Compliance
Price Analysis
Verbal and Written Communication
Team Collaboration
Project Management
International Markets
Financial Reporting
Data Verification
Microsoft Office
Product and Service Sales
Statement Reconciliation
Risk Mitigation
Team Leadership
Customer Service
Competenciesstrengths
Strong leader of personnel with good interpersonal skills. Good Presentation skills.
Excellent communication and Ability to adapt quickly in an over changing work environment.
Energetic and self-motivated team player, proven ability to work both in an independent and team environments. Have worked on Hourly/Daily and Monthly deadlines-based processes.
Lead a Team of 20 plus subordinates working in Private Equity Reconciliation and Audit. Preparing training plan and training to new joiners.
Reconciliation- Significant experience in Stock & Cash Reconciliation & Audit confirm SME with risk control awareness, guardianship and managing tight deadlines in an increasingly regulated environment.
MIS- In-Depth knowledge of associated tools- Management Information System Reporting, which offers solution like positions, securities, and payment reconciliation globally.
Team Skills- Recognized as a trusted team player, capable of installing knowledge and experiences to colleagues globally including core locations.
Strengths- Effective communicator with strong interpersonal skills, self-motivated, logical, problem-solving, and good time management abilities.
Approach- Flexible, proactive, disciplined, details orientated, and result driven with strong ethics.
Accomplishments
● Certified with Deutsche bank Custody operations intermediate certification program.
● Completed various-in-house product level and soft skills courses run for DBOI employees.
● Part of CSR team and event management.
● Received Global Recognition award which carries a financial reward for the year 2017.
Languages
Hindi
First Language
English
Proficient (C2)
C2
Timeline
Associate - Credit Middle Office (Trade Support Reconciliation)
J.P Morgan Chase
01.2024 - Current
Team Lead - Credit Middle Office (Trade Support Reconciliation)