Abhishek Benjamin S
Chennai
Summary
Dynamic Assistant Vice President specializing in trade lifecycle management and risk mitigation, with a proven track record of driving process improvements and surpassing performance targets. Expertise in Swift payments and stakeholder engagement has facilitated seamless process transitions, resulting in enhanced operational efficiency and compliance. Notable for delivering strategic initiatives that promote innovation and operational excellence, aligning with organizational goals for sustained growth.
Overview
13
13
years of professional experience
Work History
Assistant Vice President
HSBC
Bangalore
06.2023 - Current
- Responsible for Confirmation and Settlements team for FX and commodities
- Both Paper and Electronic platforms
- Well adept with applications - FXALL, GTSS, MYSIS along with MT300 and swift matching
- Settlement of Gross, Net and Split payments
- Well versed with Swift payments
- Ensuring achievement of Performance level Agreement targets, preventing and mitigating operational losses and utilize budget and resources within established requirements
- Review Risk and Control, conceptualize, develop and implement process management and improvement initiatives
- Driving and Delivering GFX strategic initiatives with an eye for innovation and constant improvement
- Adhering to group policies, Audit controls, BCP planning and compliance requirements
Delivery Manager (FXMM TSU and DOC)
Société Générale
Chennai
08.2019 - 06.2023
- Responsible for Booking quality of transactions and managing deal life cycle events to avoid any operational incident and risk
- Liaising with FO and other stakeholders to ensure trades are accurately booked and preventing delays in confirmation and settlement
- Ensures the highest level of quality is achieved in terms of capturing the trade and controlling/validating the trades like Reuters check, broker confirmation checks etc
- Over sighting Trade capture activities like Trade booking, control, modifications, cancellations, FO amendments, handling events like terminations etc
- Handling Confirmation team for FX and MM
- Both Paper and Electronic platforms
- Well adept with applications - FXALL, GTSS, MYSIS along with MT300 and swift matching
- Ensuring trade life cycle event management on time like fixing, expiry etc
- Handling Audit and compliance topics
- Strict adherence to TCA handbook
- Produce Monitoring indicator reports (KPI/KRI)
- Project Lead taken and delivered saves like Reuters check Automation
- Producing and presenting Governance decks to EXCO and Oversight
- Experience in creating and maintaining CSLA
- Sound knowledge about the Trade life cycle, from Upstream to Downstream flow
- Instrumental in setting up the Trade capture team in Chennai for Cross Asset
- Successfully transitioned the FX Doc Paris process to India
- Lead and executed OKR's like Career Conversation and Resiliency
- Came in the top 10 of Manager of the year award
Assistant Manager
BNP Paribas Securities Services
03.2014 - 07.2019
- Trade booking of OTC Derivative Products like Interest rate swaps, FX swaps, FX options, Credit default swaps, Equity Options, Total Return Swap, and REPO etc
- Settlement of Fees and Coupons for OTC derivative products including all asset class (Rates, Equity, credit, FX) transactions booked within currency cut off set by custodians
- Interact with counterparties and Client MO for the trade and cash flow confirmations and resolve the discrepancies in a timely manner to avoid post settlement breaks
- Using applications like ICE Link, DTCC, MTM (Markit trade manager), Markit wire and Bloomberg to resolve the cash flow discrepancies and amend in the booking/settlement system
- Migrated REPO product and sound knowledge about its booking and settlement
- Good knowledge about Swifts and its functionality
- Managed Client Onboarding for 4 Clients and traveled On shore to migrate the Client AIA for OTC and REPO product
- Received ‘Rising Star’ award within a span of 6-8 months of joining the company
- Traveled 2 months to Paris and successfully migrated REPO process for AIA Client
- Process improvement done which saved 1 FTE effort
- Onboarded 4 Clients in 2018 with successful delivery
Associate Analyst
WIPRO (CITI Process)
07.2012 - 02.2014
- Handling on payments, position, General enquiries and Notice cases
- Analyzing and Investigation various types of position enquire
- Informing the third party team about the trade discrepancy and correcting the trade with the request of Third party in the system
- Preparation of Manual Notices regarding payments and position Cases
- Providing solution on Position and Trade discrepancy cases to the investor
- Analyzing Fail to Fund (FTF) activities for both Investors and for Borrowers
- Analyzing and Investigation return of funds from the Investors
- Handling wire transfer for Investors on return of funds and for failed wires
- Handling Fund sent in error process (FSIE) and sending the reports to Clients
Education
MBA -
SRM UNIVERSITY
Chennai01.2012
Skills
- Trade lifecycle management
- Middle Office Operations
- Trade Confirmation and Settlements
- OTC Derivatives Expertise
- Compliance Audit Management
- Data Analysis
- KPI reporting
- Project management
Languages
- English
- Hindi
- Tamil
Personal Information
- Father's Name: Mr. V. Stanislaus
- Date of Birth: 02/23/89
- Gender: Male
- Nationality: Indian
- Marital Status: Married
Accomplishments
- Instrumental in setting up the Trade capture team in Chennai for Société Générale
- Shortlisted for the Manager of the Year award at Société Générale, and made it to the final 20
Timeline
Assistant Vice President
HSBC
06.2023 - Current
Delivery Manager (FXMM TSU and DOC)
Société Générale
08.2019 - 06.2023
Assistant Manager
BNP Paribas Securities Services
03.2014 - 07.2019
Associate Analyst
WIPRO (CITI Process)
07.2012 - 02.2014
MBA -
SRM UNIVERSITY
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