Altamash Nadab

• Handling Team Operations and Process and ensuring all the BAU activities performed on time
• Ensure all trades, once booked in front office system, to interface correctly to back-office systems such as settlement system, accounting system
• Ensuring all open events are signed off by Trader assistants
• In case of feed issue working with various support teams to get it fixed and keeping stakeholders and related teams informed about the it
• Providing appropriate response to audit request
• Raising enhancement request to IT team and coordinating with them until it gets deployed
• Connecting with various TA/Clients/Technology Team to get issues fixed and bring process enhancement
• This involves collaborating with different teams and stakeholders to identify and address issues and make improvements to processes
• Partnering with team with timely updates and requirements for migration - This task involves working closely with teams to ensure smooth migration to new systems or processes
• Working with Alteryx team to get the task automated - This involves working with the Alteryx team to automate tasks and improve efficiency
• Timely co-ordination between stakeholders and clients to get update on pending issue and resolving the same
• Testbook Trades: Making MIS for all the Test trades and highlighting to the Trading Desk/ Marketing Desk
• Ensuring the test trade gets cleared on the given ETA, liaising with the tech team if any issues occurred
• FX Trades (TSS Mainframe): Performing reconciliation on the mainframe system to identify if any FX trade is rejected due to any technical error in the system
• Liaising with tech and performing the root cause analysis to resolved the issue permanently
• Continuous Cycle Report: Ensuring all the Tech related issues resolved on time where the deals are not flown to Settlement system
• Liaising with the Tech team to close the JIRA raised on time
• Duplicate Trade: Identifying and highlighting to the Trading Desk/ Marketing Desk for Dupe bookings
• Expired Instrument: To perform daily checks on the instrument expiry, if any instrument remains open and auto-expiry is not generated on the maturity date then to liaise with the tech team to generate the expiry by identifying the bug
• Open Business Events: Ensuring Trading Desk has signed off all the open events, if any events remain open due to technical glitch, then understanding the error and liaising with tech team to advise the Trading Desk to resolved the issue.

Projects:

• Large GBOM Messaging issue: The trade which is booked on the front office system was not flowing to the settlement system because of the huge size of GBOM message. Trade flows down to the settlement system through GBOM message. Some of the huge event’s deal didn’t flow to the settlement system due to the huge
  messaging size of the GBOM. Identified the issue and done the root cause analysis, with the help of the technical team ensured that the issue got a permanent fix.

• Overridden Trades: Amendments of the trades didn’t flow to the TSS mainframe once the deal is archived, instead created a new dummy trade reference which will not be visible in the front office as well as back-office system. Identified and investigated the issue and raised the JIRA for the permanent fix. Done theprioritization on time to resolved the issue as it was impacting the P&L.

Achievements in J.P. Morgan Chase & Co

• Received Award by Regional heads for taking the process ownership within 3 months of Joining.
• Received Monthly Award for fixing tech issues and making the process seamless
• Received Monthly Award for performing the internal as well as external audit for Testbooks on time.

• Played a key role in the migration of the FXMM business from Hong Kong to Mumbai hub for the Asia Pacific markets
• Ensured that the transition was smooth without affecting the quality of client service
• Managing the Foreign Exchange and Money Market desk comprising of 10 members in supporting the Asia Pacific markets of BNP Paribas
• Obtain all the necessary approvals required from compliance as per BNP Paribas policies before processing a Third-Party payment as per client instructions
• Provide on the job training to new joiners
• Ensure all trades, once booked in front office system, to interface correctly to back-office systems such as settlement system, accounting system
• Authorize All payment for FX and MM before the currency cut-off and monitoring queue throughout the day
• Actively participated in cross training within the team to meet the goal for backup
• Performing End of the Day control function and updating the same in portal
• Properly reviewing on any Internal & External error and deriving the control plan post discussion with teams
• Actively handling all IT related issues for the team by co-ordination with all IT support teams & Management.

Pre-Settlement:

• Validating of FX & MM trade booked for Corporate Client by Front Office, with the supporting document such as Email/Reuters/E-channel like FXALL, MISYS, BLOOMBERG, GTSS
• Trade Confirmation: Releasing of trade from system post validation and sending of confirmation in form of SWIFT (MT300, MT320, MT305) and Paper Confirmation for non-SWIFT client in form of ISDA and Non ISDA agreement
• Liaise with counterparties on financial & non-financial discrepancies, miss-bookings & duplicate bookings, to match the FX & Money Market (MM) trades before settlement / value date
• Set up of new client account in front end and back-end systems, which involves, client account name & ID, settlement instructions, confirmation & settlement type, swift key exchange, etc
• Creation of auto confirmation type (Swift, Email & FAX), client & company settlement instruction & net settlement, special payment message, etc in static system
• Correspond with treasury in case of unmatched and alleged trades for funding purpose
• Coordinate with IT & MO teams in case of trade feed issue from front end to back end
• Transmit alleged & unmatched reports to management, middle offices, traders, treasury & sales on T+1 basis

Settlement:

• Handling the Settlement for FX Netting client and Money Market Client like partial and full payout using SWIFT message as MT103, MT202, and MT202COV
• Liaising with Client/Front office to have the netting figure agreed by client and process the payment accordingly
• Settlement of FX & MM matched trades before the respective currency cut-off time on value date
• Inform unmatched trades to treasury to adjust the funding figures and constantly liaise with counterparty to match the same before the cut-off time on value date
• Converse to agent banks for good value settlement of safe settle trades, priority payments, and payment instructions released late
• Draft manual payments (MT202) for trades missing settlement instruction in static system on value date, third party payments upon the authorization from compliance and EUROCLEAR payments for treasury

Post Settlement:

• Nostro Investigation: Handling the investigation for outstanding Nostro and Ledger break post settlement of FX & MM product
• FOBO Investigation: Handling the investigation for Outstanding Front Office and Back Office break.

Projects:

• Swift Payment issue: Manual Swift payment is the riskiest item to deal with as it causes multiple error i.e incorrect payment to counterparty, notional discrepancies, incorrect SSI etc. With the help of the tech team was able to build a 3 level checks for the manual payment and also tried to convert the manual payments to STP.
  
• Automated Macro: Thousands of reversal entries need to be posted manually. With the help of the core tech team able to build a Macro which can automatically generate all the entries.

Reporting:

• Preparing all the weekly, monthly, quarterly and yearly regulatory reports.
• Maintaining effective relationship with regulators and auditors for regulatory reporting, as well as providing prompt response to HKMA enquiries or information request with respect to regulatory returns.
• Identifying improvement opportunities of reporting process, develop and implement systems for regulatory reporting.
• Preparing monthly KPI reports.

Achievements in BNP Paribas:

• Received Award by Regional heads for migrating Hong Kong process within 6 months without any error.
• Received Award by Regional heads for outstanding performance in building relation with external counterparties and saving a high value payment.
• Proud member of awarded “Team of the Year” in 2019 at BNP Paribas.
• Participated in various philanthropic and CSR activities

• Being involved with budgeting and forecasting reporting as well as variance analysis
• Preparing financial information and reports to provide accurate and timely financial recommendations to management for decision making purposes
• Partner with business management to refine and develop reporting environment for non-financial metrics, key performance indicators and report delivery
• Participates in the preparation, management, and input of the annual budget and quarterly forecasts.