ANIL BHATI
Hong Kong
Summary
Financial markets professional with extensive experience in fixed income financing and repo trading, specializing in flow and structured credit. Proven track record in managing multi-billion dollar balance sheets and developing client relationships across global markets. Recent focus on climate finance and sustainability consulting. Strong background in product control, valuation control, and middle office operations across credit, rates, and fx trading desks. Adept at leading change initiatives and managing large-scale projects with a strong focus on results.
Overview
19
19
years of professional experience
1
1
Certification
Work History
Co-Founder : COO
GeoPristine Ltd
Mumbai/Delhi
03.2021 - Current
- Co-founded and led climate consulting startup focused on comprehensive climate change mitigation solutions
- Managed client consultancy for projects under Verified Carbon Standard (Voluntary) & Clean Development Mechanism (Compliance)
- Act as a project advisor, guiding clients through end-to-end certification- from project design and carbon calculations to documentation, third-party verification, registry submission, and credit issuance.
- Conduct carbon footprints audits and deliver verified Scope 1-3 reports aligned with GHG Protocol to support clients' ESG compliance.
- Design and implement carbon in-setting projects that reduce emissions within a company's own value chain, aligning sustainability goals with core business operations.
- Facilitated secondary market transactions in carbon credits through channel partnerships
- Structuring green bonds, sustainability-linked loans, and climate finance solutions
- Developed and maintained relationships with power marketers, traders, brokers, and financial institutions
Vice President : Credit and EM repo Trading
Nomura International Hong Kong
Hong Kong
03.2018 - 02.2021
- Managed $8 billion balance sheet achieving 85bps returns through credit and EM repo trading; specializing in Asia IG and HY credit, EM local currency govies financing, structured financing and derivatives
- Executed complex structured financing, including private placements and illiquid bond financing
- Managed derivative hedging strategies using FX swaps, IRS, and CCS
- Optimized funding through Prime Brokerage, Repo, Swap, TRS, and other financing vehicles.
- Negotiated and implemented legal agreements including GMRA, GMSLA, TRS and establishing tri-party facilities.
- Built relationships with liquidity providers to enhance trading desk's capacity for cash repo and collateral upgrades.
- Mitigated market, credit, and counterparty risks; managed term-repo maturity to improve liquidity coverage ratios.
- Led funding strategies across Prime Brokerage, Repo, Swap, and TRS to optimize liquidity and risk ratios (LCR, NSFR).
- Delivered complex structured financing solutions and provided actionable market insights to Portfolio Managers.
- Expanded the bank's presence in client lending specials, managing funding of house long inventories and covering short positions through repo
Assistant Vice President : FICC Finance
Bank of America Merrill Lynch HKG
Hong Kong
01.2015 - 02.2018
- Independent Price Testing for Credit, Rates and FX products for Asia Pac emerging market
- Responsible for partnering with local and offshore team on Daily PnL production, reporting and attribution analysis
- Responsible for maintaining and enhancing the control environment
- Perform New trade review, day one PnL reporting and provision
- Provide Daily/Weekly/Quarterly Pnl and Market commentary
- Conduct Month-end reconciliation, PnL reporting and Balance Sheet substantiation
- Engagement with other departments and stakeholders on various Firmwide projects and other initiatives
- Development and implementation of reserving methodologies for complex market instruments
- Determining Fair value hierarchy for new structured / complex trades
- Balance sheet Analysis, Fund transfer pricing analysis, Risk weighted asset analysis
Associate : Credit Middle Office
Nomura International Hong Kong
Hong Kong
12.2009 - 01.2015
- Supported credit flow and structured trading desks with daily P&L flash reporting and commentary.
- Led the setup of new trading instruments and ensured regulatory compliance across processes.
- Specialized in supporting the regular trading of a wide range of credit and fixed income products, including CDS single names and index arbitrage, quanto CDS, FTD and bespoke baskets, CLNs, TRS, bond forwards, ASCOTs, cross-currency structured repos, and repo-to-maturity instruments.
- Automated operational workflows to improve efficiency and handled client queries on discrepancies.
- Working with legal/compliance, IT and project teams to analyze new regulatory reform requirements and deploy new processes
- Manage all incoming and outgoing client queries across a varied range of products including but not limited to equities, fixed income, foreign exchange, derivatives and collateral.
Analyst : Valuations Control
Lehman Brothers / Nomura
Hong Kong
08.2008 - 11.2009
- Independent Price Testing for Credit, Rates and FX products for Asia Pac emerging market
- Interact with Front Office / Risk Management / Model Validation to resolve valuation issues
- PV / Cash Flow analysis
- Development and implementation of reserving methodologies for complex market instruments
- Ensure the calibration quality of Models.
Associate : OTC derivatives
Globeop Financial Services
Mumbai
06.2007 - 07.2008
- Independent valuations of OTC Derivative Products portfolios of prominent Hedge funds.
- Responsible for derivatives fair valuations and ensure a smooth determination of hedge fund's Net Asset Value.
Education
CFA - undefined
01.2009
MBA - Finance
01.2007
Masters (previous) - Business Economics & Finance
01.2006
Bachelor - Business Economics and Finance (Honors)
01.2004
Skills
- EM Flow & Structured Credit Repo Trading
- Prime Financing & TRS
- Complex Structured Financing
- Asset Liability/Risk Management
- Regulatory Oversight & Reporting
- Trading Strategies & Dynamic Hedging
- Fixed Income Middle Office & Product Control
Certification
SFC Type 1 - HKMA
Timeline
Co-Founder : COO - GeoPristine Ltd
03.2021 - Current
Vice President : Credit and EM repo Trading - Nomura International Hong Kong
03.2018 - 02.2021
Assistant Vice President : FICC Finance - Bank of America Merrill Lynch HKG
01.2015 - 02.2018
Associate : Credit Middle Office - Nomura International Hong Kong
12.2009 - 01.2015
Analyst : Valuations Control - Lehman Brothers / Nomura
08.2008 - 11.2009
Associate : OTC derivatives - Globeop Financial Services
06.2007 - 07.2008
IFCAI - CFA,
Faculty of Management Studies (FMS), MLS University - MBA, Finance
J.N.V University - Masters (previous), Business Economics & Finance
J.N.V University - Bachelor, Business Economics and Finance (Honors)