Summary
Overview
Work History
Education
Skills
Certification
Timeline
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Akash Anil Vaidya

Akash Anil Vaidya

Wagholi

Summary

I am a competent professional with 13 years of insightful experience in Investment Banking domain as Business analyst with expertise in Payment’s domain, Money Market, Trade settlements, Reconciliation, KYC and trade reporting. Wring BRD’s for client requirements and convert it into user stories for developers and QA’s. Involved in end-to-end projects and stakeholder management.

Overview

14
14
years of professional experience
1
1
Certification

Work History

Business Analyst

Synechron Technologies PVT LTD
Pune
10.2023 - 01.2025
  • Developed an application for DODD Frank Regulation for Lending Products-Taken End to end requirements from client to develop new functions for US entities for DODD-FRANK regulation act for lending products
  • Co-ordinated with high level Business Stakeholders for requirement gathering
  • Converted all requirements in BRD and got approval from all major stakeholders
  • Being a part of Scrum team organizing daily stand-up call, updating JIRA with project status, Define acceptance criteria
  • Write user stories for all requirements in Gerkin format and do grooming on all stories to Developers, QA’s and business stakeholders
  • Reviewing test cases based on acceptance criteria
  • Supporting UAT testing if required to check output as per acceptance criteria
  • Supported end to end requirement elicitation for CAO and SAO track
  • Covert all client requirements in BRD and get approval from the client side for it

Senior Consultant (Business Analyst)

EY LLP
Pune
11.2022 - 08.2023
  • Requirement gathering done on payment gold standard, Trade and Cash settlement mechanism and co-ordinate with the client
  • Converted all requirements in BRD and got approval from all major stakeholders
  • Co-ordinating UAT testing for Calculation of for one of the big fund management clients

Business Analyst

DBOI Global Services Pvt. Ltd.
Pune
09.2014 - 11.2022
  • From November- 2019 moved on Business analyst profile as a subject matter expert
  • Payment and Settlement mechanism automation (Developed and applications with below features)
  • Instruction’s mechanism automation (MT548 and MT542) to settlement platforms like Clearstream and Euroclear
  • Payment mechanism automation once trade matched via ICSD’s to client directly from SPIDER (MT202 an MT103)
  • Added new workaround for payment cancelation via System to ICSD’s (MT299, MT199 or MT599) all free format SWIFT’s
  • Added new report feature if we don’t have payment SSIs for any clients – Missing SSI’s report
  • Adding netting payment feature in system which calculates automatically from SPIDER
  • Calculation of interest and maturity payment in system and send pre-advise to the same to clients and ICSD’s
  • Uploading and downloading documents from SPIDER for trade (pricing supplement, Payment instructions)
  • Issuer Letter feature- (Nov 2019 to May 2020)
  • The client required the trade details in one page PDF document, we have added new feature in our system
  • For this total co-ordination between client’s requirements and operations team requirement done from my side
  • Actively participated in testing as well with operations team

Team Leader (Associate)

DBOI Global Services Pvt. Ltd.
Pune
09.2014 - 10.2019
  • Part of the Corporate Trust and agency team taking care of financial reporting and trade settlement activities
  • Working as a Part of Money market Issuance (Issuing and Paying Agent) team such as ECD, ECP & EMTN Executing: ISIN set-up for securities with the help of draft documents
  • Trade Processing of securities (Enrichment of Data, Corrections & Amendments)
  • Matching & Settlement of Securities into Euro Market (Clearstream & Euroclear) based on pricing supplement - Placing of instructions in market
  • Placing instructions in the market for trade settlement purposes
  • Doing after settlement cash and security reconciliation for prevention of errors
  • Cash Management and Reconciliation
  • Clean Up of after settlement of trade (fixed rate, floating rate and zero coupons) based on signed pricing supplements
  • Monitoring & ensuring smooth settlement of securities; sending MT 202, MT 103, MT199 MT 299, MT 292, MT192, MT544, MT599 to ICSD’s
  • Helping downstream team for all other after trade settlement events like Interest calculation on the basis of DCF raising invoices (Bills) to issuer for coupons and maturity payments, adding dairies on the basis of pricing supplements, Rate fixing activity on Terms and conditions
  • Life cycle of interest rate– booking, resets, fixing advice, settlements
  • Preparing Legal Entity Wise Liquidity Coverage Ratio for Suisse & Luxembourg entities
  • Submitting Liquidity Coverage Ratio to Bundesbank in required templates on fort nightly basis
  • Financial Reg reporting- part of reg-reporting team major in Basel-III norms, ECB and FED side (LCR, net stable funding ratio, NSFR, HQLA)
  • Preparing Liquidity Coverage Ratio for DB Group and DBAG on daily, monthly and fort nightly basis
  • Preparing Product wise Reconciliation for analyzing the data gap between available data and balance sheet numbers
  • Posting Top Level Adjustment basis reconciliation and known data issues
  • Liaising with stake holders like Liquidity Management, Liquidity Risk Management team for improvement in Liquidity Reporting as per BASEL 3 standards
  • Working on User Acceptance Testing for enhancement for existing Liquidity Reporting platform and reporting macros
  • Financial and Regulatory Reporting for Bundesbank, Bank of England, Suisse & Luxembourg entities
  • Preparation of report of AW-SAMBA for FFT side entities
  • Management domains (including Trading, Settlement, Portfolio Management & Financial Risk Reporting) and Financial Products such as Equities, Fixed Income, Derivatives & FX Asset Classes

Senior Associate(E-2)

State Street Syntel Services (India) Pvt. Ltd.
Pune
08.2011 - 08.2014
  • Conducted analysis & performance measurement of the portfolio which helps Investment managers to take further investment decisions
  • Performed Equity/Fixed income attribution-maintained the various benchmarks on Security Level for different types of reporting, such as Economic Sector Reporting, Characteristics profile etc
  • For Equity as well as Fixed Income Indices (Daily attribution, Monthly attribution, Equity attribution and fixed income attribution)
  • Seized the returns from various sources and load it into the System and audit the reports, it includes usage of a terminal like Bloomberg, Vendor Websites like ML, Barclays, Iboxx and FTPs JPM, S&P, Vendor Applications like Wilshire Atlas and FTP’s as well– Data Sourcing and Mining
  • Used various performance measurement tools to analyze the performance of an investment made by Investment managers
  • Major indices worked HFRX, HFRI, FTSE, WM Company indices for data sourcing for performance calculations as per SOP’s

Education

MBA -

Indira Institute of Management
Pune
06.2011

PGP -

Indira Institute of Management
Pune
06.2011

BBA -

University of Pune
06.2009

Skills

  • Capital Markets
  • Financial and Regulatory Reporting
  • Markets trade life cycle
  • Business Process Improvement
  • Payments Processing
  • UAT
  • Stakeholder Management
  • Bloomberg
  • MS-Office
  • SPIDER
  • SQL

Certification

  • ICWA Foundation cleared
  • Lean Six Sigma White Belt
  • Certification Certified Trained Business Analyst for ECBA (TrainSmart Academy)
  • Certified Agile Business Analyst Trained for PSM and PSPO (TrainSmart Academy)
  • Completed CSPO certification

Timeline

Business Analyst

Synechron Technologies PVT LTD
10.2023 - 01.2025

Senior Consultant (Business Analyst)

EY LLP
11.2022 - 08.2023

Business Analyst

DBOI Global Services Pvt. Ltd.
09.2014 - 11.2022

Team Leader (Associate)

DBOI Global Services Pvt. Ltd.
09.2014 - 10.2019

Senior Associate(E-2)

State Street Syntel Services (India) Pvt. Ltd.
08.2011 - 08.2014

MBA -

Indira Institute of Management

PGP -

Indira Institute of Management

BBA -

University of Pune

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