Ashish Chaudhari

Project: ACES-ETF. (Citi Bank)

• Understand the definition of ETF-related enhancements and new requirements from Product Owners (PO) and Operations for the ACES application.
• Develop detailed Jira stories with clear acceptance criteria for new features and updates, ensuring alignment with business needs.
• Facilitate Jira story grooming sessions with the PO and Operations to refine requirements and ensure technical feasibility.
• Actively participated in Scrum calls, addressing queries from the Development and QA teams to unblock progress.
• Conduct dry run testing in UAT, identifying gaps, and potential enhancements for product improvement.
• Collaborated in sprint planning with product, dev, and QA leads to prioritize and sequence product backlog items.
• Managed backlog prioritization, ensuring alignment with business goals and stakeholder expectations.
• Collaborated with cross-functional teams to develop high-quality products that met customer needs.
• Developed comprehensive roadmaps outlining the product vision, goals, and milestones for successful execution.
• Involved in requirement gathering, user story development, sprint planning, Scrum calls, UAT testing, Jira software, gap analysis, and stakeholder management.

Trade Settlement and Payments (Operations)

Duration - August 2018 to December 2022

• Responsible to extract daily EUR and USD payment reports assigned to Trade Centres with help of TLM tool.
• Responsible to assign work allocation amongst team members ensuring payments will get process in given TAT.
• Responsible to handle SWIFT payments via SWIFT message type 103 and 202 Cover.
• Responsible to handle SWIFT messages MT400, MT799, MT999, MT756.
• Responsible to reconcile Nostro accounts for processed transactions.
• Having Strong relationship with all stakeholders e.g. On-shore team, Sales, Compliance Team.

Trade Finance (Export Department)

• Scrutiny of Export Trade documents and segregate is as per product code. (At sight /Usance bill, Regularization). Follow up with customers, if any discrepancies found in documents.
• Capturing at sight/usance/Regularization trade bill details into core system of banking. Debiting correct charges
• Endorsement of FIRC /LC/bill of exchange.
• Liaising with clients for timely revert on queries sent it through mails to complete transaction.
• Dispatching documents to overseas bank.

Asset Administration and Trade Settlement

• Fax Server: Roll over of assets through notices received from Agent Bank on daily basis.
• Research & Non loan: Resolving various queries raised by cash Reconciliation team through research and non loan queue.
• Loan Trades : Processing trades in system which is booked by front office as per client requirement.
• Good Exposure on Bloomberg terminal, research related to bond trades, coupon info, G810, G960 screen to confirm par summary of any bond.
• Interacting with onshore CSM to resolve exceptions.
• Responsible for allocation of work, query resolution, conduct trainings for newly joined team members, send EOD report and update process related SOP.

OTC Derivatives- Interest Rate Swap Reconciliation and Query Management

• Second Level Check (Reconciliation with Booking System): Identifying any kind of mismatch by performing a manual reconciliation between the Incoming Fax against Client drafted confirmation & also against Booking System (duel reconciliation)
• Data Capture & Reconciliation : Capturing of all economic parameter from Counterparties confirmation in an electronic form to the tool created in-house & performing electronic & manual audit of parameters from Counterparty confirmation with Client Workflow Management System Data and highlighting discrepancies if any.
• Responsible for daily report, weekly and monthly report of trades processed in last week to client.
• Responsible for preparation and updating of escalation and de-escalation log for both 1st and 2nd level reconciliation.