ASHWIN S. S.
Investment Banking Operations Manager
Hyderabad,TG
Summary
Having spent a good amount of time in banking operations, process transitions,process transformation, process training , it is time to become a good value add and an asset to the company.
Detailed Process Manager with over 18 years of experience in change management, process improvement and efficiency within Baking Industry. Innovated new processes and positive impacted profit margins, efficiency and quality. Outgoing personality proven to win over stakeholders and successfully promote new methodologies.
Overview
19
19
years of professional experience
1
1
Language
Work History
Process Manager/Product Manager
Broadridge India financial solutions
07.2022 - 06.2024
- Supervising and handling DTC settlements for a team of 115 members. Looking into improvisation of process, transformation of ideas to solutions, in terms of process and providing benefit to the end client. FMEA analysis, establishing fail control gaps so that same type of errors don’t happen again. Review of SOP every six months, Focussing of cross training , so that resources are utilized and leaves don’t become a problem. Reviewing training trackers so that knowledge transfer is done efficiently so as to create efficient backups.
- Monitoring change requests coming from vendor after prior approvals and taking care of requirement gathering , documentation procedures, sign off dates, IT budgeting, testing the tools in operations environment that is UAT, and giving the synopsis to the technical team, monitoring the request from the nursery stage to final stage.
- Overall having 18 yrs of experience in Investment Banking operations, change management, Implementation management, process management, AML, KYC compliance, collateral management , triparty substitutions, transition management, Business Analysis, testing various for user interface platforms , New joiner training and Reconciliation. Products known are Derivatives, Equities, Bonds, Swaps and Forex.
Deputy Manager
Wipro LTD
07.2007 - 07.2022
- Articulated viewpoints to management and led 2 projects in 2019.
- Key contributor for BREXIT analysis, performed end to end analysis for clients in scope and performed set-up to trade post BREXIT gets live.
- Key contributor for IGEM project so that the accounts can adopt BRD model and support the Murex business.
- Setting up of accounts for different products like Fixed Income (FI) , Equities ,Prime Brokerage (PB), ETD (Exchange to derivatives), OTC etc in addition to setting up of roles for Trader, Marketer, Salesperson to make the trade go risk free
- As an SME and Business Analyst , we work closely with IT team on all system enhancements and work closely on requirement gathering, project synopsis, and preparing the necessary documents from operations point.
- Working on data operating model associated with data cleansing (e.g., ability to articulate how data cleansing work for a given account attribute).
- Evaluated and adopted new technologies to address changing industry needs.
- Organized system infrastructure documentation and operating procedures, strengthening controls and enhancing overall performance.
- Delivered in-depth training to users for different applications, imparting knowledge of best practices for protecting data and minimizing errors.
- Investigated and addressed system issues to enhance usability and improve functionality.
- Followed up with clients to ensure optimal customer satisfaction following support engagement and problem resolution.
- Liaising work with client data such as in client on-boarding, client contracts and client relationship management
- Performing data analysis (e.g., consolidation of similar data from multiple sources and identifying differences, making recommendation on which to select)
- Working on data operating model associated with data cleansing (e.g., ability to articulate how data cleansing work for a given account attribute)
- Monitor the ALERT system and FXALL system and determine the impact, if any, to the settlement instructions to the third party banking customers.
- Actively participated in Agile ceremonies, such as Sprint planning, Retrospective and daily stand-up meetings.
- Manage trades & its life cycle for different type of Capital Market products like Equity, Fixed income, FX, Forwards, Repos, Money Market funds etc.
- Provide training both classrooms based and practical to new joiners including buddying up to give them understanding of process and ability to work independently.
- Triparty settlements, Inventory management between clearstream and euroclear, Grading collateral , insructing principal adjustments and adhering to triparty agreements
- Work on various Internal & MS Applications to generate reports and update date to intimate onshore on daily and weekly basis.
- Escalating trade discrepancies to front office, counterparties and resolving them.
- Responding to settlement inquiries received from Custodian, Traders & Brokers via calls, Chats and emails.
- Handling S-1 , S Queues , Mail box management , Making Payments within stipulated currency cut offs, Fails Management and Prioritizing High value Nominal, Proactively offering partials to clients , in case of high nominal to mitigate risk. Preparing Bond borrows Report and High Risk Fails report.
- Liaising with traders for firm shorts and sensitive clients.
- Liaising with reconciliation team to solve aged breaks , user stories creation.
- Handling escalation calls and emails from client and covering risk.
- Defaulting static data and paving way for automation increasing stp of process, also mapping of ssis to products based on client behavior.
- Updating Onshore and Offshore management of any risk involved or any error detected to avoid any further loss.
- Root cause analysis and control points for all the possible errors occurred.
- Reviewing SOP and updating any changes and taking sign off from management
- Reviewing Bond borrow report , reconciliation report of nostro and depot breaks
- Buy in Management, Position Management , Mail box management and Leave management.
- Investigation and audit trail of all breaks and evidencing.
- Engaged in SSE NG Project and TLM project acting as an interface between IT and Operations, worked in UAT environments and assisted in projects go live.
- Domain expert and a trainer for new joinee in general concepts before they start processing.
- Working for client (UBS ).
Finance executive
HSBC Ltd
12.2005 - 07.2007
- Worked as a finance executive in core nostro reconciliation, reconciling ledgers and statements for Hong Kong region.
- Past Experience:
Education
PGDBA -
Symbiosis
Pune01.2009
M.Com - undefined
Andhra University
06.2003
PG Diploma - Taxation
Osmania University
04.2003
B.Com - undefined
Osmania University
03.2001
Skills
Exceptional service delivery
Accomplishments
- Instrumental in system upgrade and made autonetting possible with a version change in application increasing stprate to 1.2%
- Trained 220+ new joiners in Investment banking domain and basics of finance during my tenure and a good communicator.
- Delivered a 60 minute benefit daily to business, by assisting to create macro with IT team
- Twice travelled to London for business migration purposes and achieved BAU as per the prescribed time lines.
- Rectified SWIFT messages for cross border instructions against Japan market, Spain and Portugal and enhanced stp , bringing in more clients and business to client.
- Identifying grey areas and cross training resources, remains a critical component in running daily operations smoothly.
Interests
Listening to Music, Playing Chess, Reading periodicals & Gardening
Timeline
Process Manager/Product Manager
Broadridge India financial solutions
07.2022 - 06.2024
Deputy Manager
Wipro LTD
07.2007 - 07.2022
Finance executive
HSBC Ltd
12.2005 - 07.2007
M.Com - undefined
Andhra University
PG Diploma - Taxation
Osmania University
B.Com - undefined
Osmania University
PGDBA -
Symbiosis
DECLARATION
I hereby declare that the above details mentioned are true and accurate to best of my knowledge.
PERSONAL PROFILE
- Date of Birth: 20th November, 1980
- Nationality: Indian
- Marital Status: Married
- Passport No. with expiry date:
- Permanent Address: Flat no 301, Prem Residency, R.K.Nagar , Malkajgiri, Hyderabad-47.
Gardening, Playing Chess, Badminton
I am a nature lover and make sure I do my part when it comes to saving environment, like proper disposal of plastic, keen eye on making sure our waste is being given to recycle shops so that new products are developed and overall economy develops.