Dalvir Singh
Mathura
Summary
10 years of experience in areas of Investment Banking / Capital market includes expertise into middle office and back office operations for global markets Euro-clear, Clear-stream, DTCC , FED settlement and FX Settlement, LCH, ISDA OTC market. Also expertise into process activities like -Trade management, Trade Enrichment, Validation, Confirmations/Affirmations, Reporting, Matching, Netting, PB pair-off, Trade split, Clearing & Settlements, Cross border settlements, Trade bookings, Amendments and Cancellations, Trade investigation & EOD Reconciliation, Reference data management (RDM), Fails management, Stock loan and Borrowing, Client onboarding, Corporate actions, Regulatory reporting requirements, Trade compliance, Risk management.
Overview
12
12
years of professional experience
Work History
Manager
Standard Chartered Global Business Services
Bengaluru, Karnataka
08.2023 - Current
- Supervising fixed income and equity products into clearing and settlements areas which includes end to end trade settlements services, trade confirmation/Affirmation/Amendment/bookings, Reconciliation, break investigation, Trade matching, Fails management, Team management, work allocation, reporting, etc.
- Currently handling Hong Kong and London entity across three locations, Bangalore, Chennai and KL.
Officer/Team leader
Northern Trust Bank
Pune, Maharashtra
03.2022 - Current
- Supervised a team of 10 members in post trade settlements activities and supported clearing and settlements department.
- We do END to END full account services to Premium client which include Trade affirmation/CTM Confirmation, Market match, PB fails management, Settlements, Complete account reconciliation.
- We do support Core clients where we provide accounts reconciliation based on Street and house data.
- We do prepare daily dashboard which gives the detailed insight of failing trades, reconciliation breaks, any issues/ outage faced during the day.
- Ensure buy-in notification is sent to the respective counterparty and also responsible for CSDR claims.
- Be vigilant while handling internal and external escalations and responsible for resolving trade discrepancies and settlement issues
- Fails management / Trade investigation and Trade surveillance/ Risk management.
Team Leader
Accenture
Bengaluru, Karnataka
06.2020 - 03.2022
- Supervised a team of 8 members in post trade settlement activities and Providing SOD & EOD trade count to internal and external stakeholders.
- As member of fails management team ensure timely settlements of Euroclear market -Cash equity trades, Prime Brokerage trades and Stock loan trades.
- Responsible for liaising traders, middle office and back office team to resolve trade discrepancies.
- Ensure to work on exchange trades on VD+2 and VD+3 and updating all VD+3 exchange trades in buy-in log (SharePoint) and buy-in notification to the respective counterparty.
- Closely monitor and action on priority trades like Exchange trades, Aged fails, High value trades, No fail client trades and ETF trades and resolve all stock and cash breaks.
- Analysis of high value trades and sending high risk analysis report to middle office counterparts and timely escalations of buy-in trades.
- Reconciliation, Fails management/ Trade investigation and Trade surveillance/ Risk management.
- Performing PB pair-off and netting activities to settle PB trades
Process Specialist
Wipro
Hyderabad, India
11.2018 - 01.2020
- Finding all the Fail trades and investigate the reason for fail.
- Coordinate with Front office, Middle office and Back office teams to settle the trade on timely manner.
- Identify the counterparty's who fails on settlement date like - Fail to deliver / fail to receive and issue buy-ins.
- Trade investigation and Trade surveillance/ Risk management.
- Processing of PB Pair-offs (Netting), Scan deletion and scan release.
- Reconciliation: CNS Flip account, Customer break (CODREC), Stock Record and DTC breaks.
- Keeping the track that SLAs are met every week and there is no breach on the same.
- Break down the aged fail trades.
Process Specialist
Infosys BPM
Delhi NCR, India
04.2015 - 06.2018
- Trade Management-Trade validation, Trade confirmations, Trade matching, Trade settlement, Trade bookings, Trade amendments and Trade cancellations, Trade Entry.
- Trade services and trade processing covering trade execution, position management, allocations, confirmations/affirmations, trade reporting, compliance and risk management, understanding swift message.
- Responsible for settling trade for both kind of trades such as DVP/RVP and FOP, booking unsettled trade on behalf of client requests.
- Ensuring trade reconciliations have been completed and all issues resolved
- Real Time Monitoring of the rejected trades and identify, escalate any discrepancies in those trades on timely basis to the trading desk.
- EOD reconciliation/ Trade investigation and Trade surveillance/ Risk management.
Analyst
ANZ
Bangalore, Karnataka
05.2013 - 06.2014
- Trade Confirmation: Trade matching, Trade settlement of FX products which include FX Spot, FX Forwards, FX Swaps, and FX Options.
- Resolving Post settlement queries such as incorrect calculation /Indexation not following ISDA.
- Funding of cash & stock movement across clearing house to avoid any fails.
- Validating the transactions based on the source documents and Portfolio maintained internally for the customers.
- Good Knowledge on international customer transfers like MT103, MT202 and COV using SWIFT.
- Liaising with Relationship Manager to resolve any issue with payments and funding.
- EOD reconciliation / Trade investigation and Trade surveillance/ Risk management.
Education
MBA - Finance
IIBS college Bangalore
Bangalore01.2012
B.com - undefined
Jiwaji University
Gwalior01.2010
Skills
- Reconciliation, Settlements, Confirmations, Affirmations
- Applications used : Murex 211, PTS, DTC, DTC Smart track, PBS, RAD, Bloomberg, Reuters, Omgeo ALERT, OSYS, FXALL, Midanz, Pay plus, SharePoint, SDP platform, Merva, GTPS (Global Transaction Processing System), BIDS and TSO (Real time position check), AMFI (account master file inquiry), SONIC, STAR, Worldview, Lombardi, Document Direct, Euclid, TLM, RDB (Reconciliation Dash Board), GOS, FISS, Gloss, Euroclear, Easyway, Memphis, Magic, CTM, FIX, ERAM, Alteryx, SQL, VBA, MS Access, Advanced excel
Timeline
Manager
Standard Chartered Global Business Services
08.2023 - Current
Officer/Team leader
Northern Trust Bank
03.2022 - Current
Team Leader
Accenture
06.2020 - 03.2022
Process Specialist
Wipro
11.2018 - 01.2020
Process Specialist
Infosys BPM
04.2015 - 06.2018
Analyst
ANZ
05.2013 - 06.2014
MBA - Finance
IIBS college Bangalore
B.com - undefined
Jiwaji University