Summary
Overview
Work History
Education
Skills
Accomplishments
Timeline
CustomerServiceRepresentative

CHANDRAKANT G

Investment Banking Operations- KYC/Settlements/Projects/Reconciliations. Mo: 9886070550
Bengaluru

Summary

Performance-driven Assistant Vice President with 16 years of experience aligning systems with business requirements, policies and regulatory requirements. Passionate about applying excellent organization and communication skills to manage and lead teams. Results-oriented individual well-versed in interfacing and consulting on business processes to drive results based on sound overall business judgment.

Overview

16
16
years of professional experience

Work History

Assistant Vice President

Deutsche Bank, DBOI
Bengaluru
06.2018 - Current
  • Reviewed, identified, updated and prioritized strategic initiatives to provide comprehensive support to senior leadership.
  • Attended weekly meetings and special sessions of Leadership and Executive Leadership Teams and contributed to major administrative initiatives, policies and decisions.
  • Attended board and committee meetings and took meeting minutes to create detailed records of various meetings and decisions.
  • Communicated with leadership teams to assist with administrative initiatives and decisions and attended weekly meetings to support policy changes.
  • Prepared and recorded meeting minutes and documented actions taken at board meetings, committee meetings and special sessions.
  • Identified issues with production, workforce and material sourcing and implemented successful solutions.
  • Spearheaded cross-functional initiatives across departments to achieve business goals for bottom-line profits.
  • Resolved issues and recommended actions based on production and compliance reports.
  • Facilitated creation of governance policy for adoption by board of directors and committee chairperson.
  • Generated financial and operational reports to assist management with business strategy.
  • Allocated work assignments and tasks to comprehensively manage administrative projects.
  • Participated in organization re-branding and targeting of new markets and programs to attract and retain members.
  • Contributed to budget planning, and initiatives for communications, planning and coordination of facility management and space allocations.

Manager

Standard Chartered Bank
Bengaluru
06.2015 - 06.2018
  • Nostro
  • Reconciliation for Bonds(Fixed Income & Equity), FX, Money market
  • Managed team of 25 members from day of joining with Standard Chartered
  • Team covers Nostro reconciliation across 22 markets majorly covered African countries like Mauritius, Ghana, Gambia, Cote Divoire, Uganda, Zambia, South Africa and other countries like Germany, Nepal, US etc.
  • Onboarded new employees with training and new hire documentation.
  • Reduced process bottlenecks by training and coaching employees on practices, procedures and performance strategies.
  • Review of monthly performance of each staff
  • Handled Monthly Service review meeting (SRM) for few markets
  • Part of automation projects like Auto mated escalations, automated reporting, and Manual recon movement to TLM 3.2 version
  • Improved auto match % across markets by identifying proper references which helped to avoid risk factor of manual matches&Improved auto coding % across markets
  • Removed duplicate flow MT940/MT950 in our reconciliation process
  • 2% attrition in my current tenure of managing team of 18 so far
  • Yearly validation of process notes and part of renewal policy with countries
  • Managed team which is spread across two locations – Bangalore and Chennai
  • Unapplied fund validation and returning the funds back to correspondent/debiting bank via MT299
  • Effective seat utilization which will benefit in cost saving
  • Effective cross training plan with help of Assistant Manager, Team Leaders which helped to move experienced staff within departments and resulted in attrition save
  • Bi-weekly discussions with countries in understanding current process gaps which helps to improve our current skill sets.

Financial Analyst II

HP, Business Operations Private Ltd of HP
Bengaluru
12.2014 - 06.2015
  • As part of HP IC role, managed HP SAP reconciliations relating to HP GL books.
  • Account static set up and managment in SAP tool
  • Successfully initiated HP split project- HPI & HPE, where working to set up entities in SAP system.

Assistant Manager

BNP Paribas
Chennai
08.2012 - 11.2014
  • In Middle Office Operations (Portfolio Reconciliation & Cash Processing) for Bonds, FX, Listed & Money Market
  • Successfully on boarded a new client Nikko to BNP Paribas and taken the responsibility of Middle Office Operational set up in terms of Project Level
  • Preparation of Standard operatingreconciliation procedures in requirement of Clients and sharing with the onshore, project teams and then with the clients
  • Setting up of funds in BNP Paribas system with the coordination with Project teams and allocating resources to perform client requirements
  • Discussion with Project teams and Custodians in automating the manual processes
  • Preparation of KPI for new client Nikko
  • Achieved 100% accuracy from day 1 of the project go live which was appreciated by the Management
  • Analysis of time requirement, resource requirement for the migration process
  • Handling 232 portfolio cash & stock reconciliation on daily basis for Singapore and Japan clients
  • Successfully completed the project on application movement from CARS to Intellimatch applications which are used for reconciliation purposes
  • BRD (Business Requirement Development) has been reviewed with Intellimatch Tech Support and Project team to ensure that all the Reconciliations requirements have been fulfilled
  • Discussion with Project teams on setting up of Service Level Agreements (SLA) with the Clients
  • Successfully converted the manual interventions to automated ones which minimized the errors and increased efficiencies
  • In result of this teamwere able to meet KPI with 100% accuracy
  • Managing a team of 12 members
  • Handling weekly Team meetings with the team members and also one on one with Individuals on Monthly basis to address his/herfeedback on performance for the current month
  • Awardedwith Best Performance Team for 3rd quarter of 2013
  • Ensure team morale and motivation is high through team building and regular interaction
  • Helping manager to prepare client presentation
  • Conducting internal audits to verify all the active portfolios
  • Review of Age break report of portfolios
  • Preparation of MIS report of portfolios as per the requirement from the respective client
  • Handled automation project which help to receive the custodian manual feeds into our system and criticize the waiting time.

Process Supervisor

Deutsche Bank
Bangalore
10.2006 - 07.2012
  • Portfolio Administration,& Trade Operations:
  • Asset Management Process(Portfolio Reconciliation, Portfolio Administration):
  • Spearheading systems administration of Deutsche Bank Asset Management applications
  • These applications involve Trading, Accounting, Reconciliation, Reporting& some intermediary data feeding applications
  • Planning, scheduling & executing trainings for new recruits
  • Ensuring closure of tasks within prescribed SLAs
  • Serve as Internal/external escalation point
  • Monitor volume inflow and ensure sufficient resource and workflow allocation in a justifiable manner
  • Ensure strict adherence to all internal and external process guidelines including compliance and legal so as to build and maintain robust control environment
  • Ensure that all key performance indicators of the assigned process is met & any GPI misses are documented and controls be put in place to avoid occurrence
  • Ensure adequate back-ups created for all critical positions and assist other teams during contingencies (Staff shortage, high volumes etc)
  • Work very closely with the process owners and other internal clients for overall growth of the bank’s business
  • Ensure team morale and motivation is high through team building and regular interaction
  • Educate and provide feedback/coaching on process errors and also assume responsibility as a single point of escalation in team
  • Prioritizing the workload and working effectively towards deadlines
  • Drive the continued growth and retention of a high-quality team capable of managing daily functions, supporting business growth, and implementing continual process improvements
  • Liaising with portfolio managers to resolve trade queries
  • Liase with fund administrator and prime brokers on daily and month end issues
  • Escalation of high priority entries to management
  • Successfully migrated portfolio administration process and System Administration to SSB
  • Trade Finance (ILC Doc Presentation/Payments):
  • Visit to Germany(Munich, Frankfurt) and Berlin for migration activity and to part of training programme
  • Documents checking from Doc Checkers relating to ILC
  • Handling/Processing of these documents in IMEX system mentioning doc status
  • Notifying the documents status to client and seeking approval for the waiver/payment
  • Processing of these ILC payments in IMEX via SWIFT instructions (MT202)
  • Processing of Rejections/Refusals in IMEX to client via SWIFT instructions(MT734)
  • Processing and handling of these documents as per UCP600/ISBP
  • Allocation of work/managing the team
  • Handling SWIFT queries received from presenting bank/advising bank/AWB.

Education

Master of Business Administration (MBA) -

Bangalore University

MBA - Finance

BangaloreUniversity

B.B.M - Finance

GulbargaUniversity

Skills

MS Officeundefined

Accomplishments

  • Supervised team of 20-30 staff members.
  • Resolved product issue through end user testing with help of project & IT.
  • Collaborated with team of 3 in the development of Automations projects and Operations team.

Timeline

Assistant Vice President

Deutsche Bank, DBOI
06.2018 - Current

Manager

Standard Chartered Bank
06.2015 - 06.2018

Financial Analyst II

HP, Business Operations Private Ltd of HP
12.2014 - 06.2015

Assistant Manager

BNP Paribas
08.2012 - 11.2014

Process Supervisor

Deutsche Bank
10.2006 - 07.2012

Master of Business Administration (MBA) -

Bangalore University

MBA - Finance

BangaloreUniversity

B.B.M - Finance

GulbargaUniversity

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CHANDRAKANT GInvestment Banking Operations- KYC/Settlements/Projects/Reconciliations. Mo: 9886070550