CHANDRA SHEKHAR KUMAR
New Delhi
Summary
Analytical professional with technical knowledge and critical thinking skills to thrive in data-driven environments. Tackles challenges with positivity and drive to overcome. Works great alone or with others and consistently exceeds expectations.
Overview
14
14
years of professional experience
Work History
Officer
Citi Bank (Global Services Ltd., Gurugram)
Gurugram
01.2020 - Current
- Tracking all change circulars and implementing timely and accurate manner.
- Team planning, management reporting, review processes, etc. Managing a team of 10 people.
- Collaborated with stakeholders, such as Trade Processing, Pricing, Custodian, and Production Support, to provide end-to-end collateral management services to clients.
- Monitoring clients exposure on trade portfolio and issuing collateral margin calls to various external counterparties & internal affiliates within a strict timeframe.
- Understanding various margin calls calculation methodologies like Standardized Initial Margin Model (SIMM), Grid Model, and VM.
- Conducted reconciliation with respective custodians and counterparties to investigate margin disputes and settlement-related issues.
- Played a pivotal role in the software transition and upgrade, identifying manual touch points and devising effective methods to eliminate them in the new software being deployed.
- Prepared Business Requirement Documents (BRD) & workflow diagrams to explain system flow and expectations to the technology team.
- Effectively manage the regulatory reporting such as EU, EMIR, Dodd frank and RegIM, Eurocleared (EC)
- Monitoring the Cleared Margin, Bilateral, RegIM daily calls, Settlement, Interest, and transfer timing to ensure proper execution and timely escalation to Credit Officers and Business for collateral management
- Reviewing, implementing and maintenance in Citi system of ISDA and the Credit Support Annex negotiations and managing all related matters as a support function to our Global Team
- Performing weekly client calls on existing and future projects and on BAUs and addressing the client's feedback for continuous process improvement and ultimate client satisfaction
- Identifying opportunities for efficiencies and drive new developments and enhancements forward for the team
- Dispute reporting to senior management, risk and the business and ability to explain issues to all levels
- Ensure team adherence to all cut-off times and quality of processing as maintained in SLA
Asst. Manager (C09)
Citi Bank (Global Services Ltd., Gurugram)
Gurugram
07.2015 - 01.2019
- Part of the Open Collateral Team, whose mission is to provide end-to-end collateral management services to global clients. The team is responsible to configure reference date based on executed ISDA agreements, actively issuing collateral margin calls to various counterparties based on exposure on clients trade portfolios followed by daily monitoring of settlements and reconciliation process.
- Leading a team of six who are responsible for setting up newly executed ISDA Master agreements along with Credit Support documents (Bilateral CSA, RegIM, ECS, Cleared & GMRA) to the collateral management system to facilitate daily margin operations and maintenance of existing agreements in case of any amendments.
- Prepared monthly client progress reports, portfolio performance KPIs, process dashboards and MCA reports for management review.
- Improvements to current procedures in order to gain efficiencies and better management of embedded risk.
- Administering the margin movement processing in line with ISDA, CSA, EU and SLA guidelines after conducting the peer review of the team's work
- Ensuring the accuracy of processes, as well as providing a high level of service for clients
- Working knowledge of TriResolve for dispute reconciliation
- Implemented business logic, data lineage mapping and traceability for Dodd Frank regulatory report
- The ability to work strategically to solve problems in a complex Global environment
- Developing strong, pro-active relationships with all internal and external stakeholders
- Resolving queries for internal and external stakeholders like Settlement, MO and Technology Teams, clients, corresponding custody and counterparties portfolio reconciliation and Dispute Reconciliation
- Tightening up process controls by implementing new and upgradation of existing checklist in line with ever changing regulatory changes, internal and external Audit perspectives
- Examining derivatives, repos, cross-netted exposures ensuring margin requirement are correct and clients are collateralized in line with the CSA and regulatory rules
- Providing professional advices during the negotiation with counter-parties for any collateral related documentation and operations participating in sign off for new client or new product/process going live
- Processing payments using SWIFT based payments systems
- Manage the CCP feedback cycle and monthly Supper Margin/Interest calculations
- Compiling MIS and reporting to senior management
- Communicate or check communication of margin calls on a timely basis to counterparties associated with sales, purchases or loans for which collateral has been pledged.
Sr. Analyst
JP Morgan Chase Bank (Global Services Ltd, Bengaluru)
Bengaluru
09.2014 - 07.2015
Analyst
Deutsche Bank (Global Services Ltd., Bangalore)
Bengaluru
06.2010 - 08.2014
Process Associates
Hinduja Global Solutions Ltd (HMT, Bangalore)
Bengaluru
01.2010 - 06.2010
Education
MBA (Finance) -
NIILM School of Business NSB-Bangalore
01.2009
Skills
- Capital Market
- Derivatives
- SWIFT Messages & Settlement
- DTCC Alert
- Acadiasoft: MarginManager
- Tri-Optima: Tri-Resolve
- EMIR
- Dodd Frank
- EU
- CFTC
- MIFID
- NCMR Rules and Regulations
- Portfolio Reconciliation
- Bloomberg-Reuters
- GMI-Exchange
- ETD
- Databases: Oracle
- Tally 72
- MS Office
- UAT
- Cognose
- SQL/Excel VBA
- Share point
- Cloud Margin
- Collateral-Margin Management
- Euro cleared
- RegIM
- Interest and OTC-Derivatives settlement
- GMI Exchange (ETD)
- Future & Options
- Capital Market Functions/Products
- Operations Risk & Dispute Reconciliation
- Middle office Trades Capture, Validation, Reconciliations and PNL calculations
- Regularity and financial client-reporting & onboarding
- Reference data services
- Continuous Process Improvement
- Mentoring & Training/Team Management
Personal Information
- Industry Preference: Investment Banking
- Date of Birth: 12/30/85
Languages
- English
- Hindi
- Maithili
- Bengali
Training
- Management Skills: Management and Training in essential skills
- Emotional intelligence at work and developing emotional intelligence in teams
- Academy Capital Market and Instruments: IRS & CDS and Portfolio Management from ESJE Group- Bangalore
References
References available upon request.
Timeline
Officer
Citi Bank (Global Services Ltd., Gurugram)
01.2020 - Current
Asst. Manager (C09)
Citi Bank (Global Services Ltd., Gurugram)
07.2015 - 01.2019
Sr. Analyst
JP Morgan Chase Bank (Global Services Ltd, Bengaluru)
09.2014 - 07.2015
Analyst
Deutsche Bank (Global Services Ltd., Bangalore)
06.2010 - 08.2014
Process Associates
Hinduja Global Solutions Ltd (HMT, Bangalore)
01.2010 - 06.2010
MBA (Finance) -
NIILM School of Business NSB-Bangalore
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