Dharani S
Bangalore
Summary
Dynamic professional with over 8 years of experience in OTC derivatives, currently excelling as an Emerging Lead. Expertise encompasses trade capture, valuation, and reconciliation across diverse asset classes, with a proven track record in managing teams and enhancing operational efficiency. Adept at problem-solving and fostering collaboration, while consistently delivering high-quality service in fast-paced environments. Committed to continuous improvement and client satisfaction, seeking to leverage extensive knowledge in derivatives to drive business operations and contribute to organizational success.
Overview
8
8
years of professional experience
Work History
OTC Derivatives Emerging Lead
State Street
11.2020 - 05.2025
- OTC Derivatives Trade capture and Pre-Nav team
- Being an SME of the team, handling various clients in APAC region and delivering NAV valuation.
- OTC Derivatives - Trade capturing, entitlement calculations, processing and reconciling with Prime brokers, Counter parties and Fund administrators processing and auditing of trades, valuation, cash settlements, position reconciliation and daily margin movement.
- Review and creating process documentation such as process flows, standard operating procedures.
- Trade Management & Reporting - Ensuring the trades released from the client's end has been received, matched, and settled in a timely manner. Providing updates to the client daily.
OTC Derivatives Senior Analyst
State Street
04.2019 - 10.2020
- OTC Derivatives SWAPS processing Trade Capture team (Migration Team)
- Ensure team carries out basic and complex trade booking and reconciliation in accordance with established procedures. Accountable for the day-to-day management of team and manages daily service delivery
- Have expertise on SWAPS (IRS, TRS and CDS) products.
- Resolution of queries with internal accounting or Client Service teams, clients, counter parties etc.
- Manage and escalate issues related to the OTC Trade processing and valuation.
- Create continuous improvement forums to enable teams and peer groups to identify opportunities and Provide technical expertise for team.
- Assists with compliance/fiduciary reviews, controls, and audits as needed.
- Support client /internal projects e.g. Implementation of new funds, processes and client conversions.
- Manage to book trades, processing monthly and quarterly Resets and Settlements of trades.
OTC Derivatives Analyst
Northern Trust
12.2016 - 04.2019
- Responsibilities held- OTC Trade Processing, Settlements, Exception Resolution, and Reconciliations
- OTC trades processing of various asset classes (Interest Rate Swaps, Credit Default Swaps, Inflation Swaps, Currency Swaps, Options)
- Processing cash movements using MTS Video Lan (Swift – MT210, MT202, MT199 and WCM
- To reconcile the trades with Counterparty/Investment Manager using Tri-optima tool
- Reviewing the controls process timely to avoid major/minor errors and audit issues
- Follow up with Counterparty and Sub-Custodian to resolve any reconciliation breaks.
- Acting as a backup for senior analysts in their absence- Managing the critical tasks dealt by them and coordinating the team in their absence.
- Ensuring zero outstanding cash flows by end of the day and dispatching all the cash flows before their respective currency cut off.
- Analysing and resolving the trade discrepancies to ensure smooth settlement on value date.
- Updating procedure document on periodical basis
Education
Bachelor of commerce - undefined
SSMRV Degree college
Skills
- OTC Derivatives
- Trade capture & Settlement
- Client Valuation
- Margin Operations
- Reconciliation
- Microsoft Office
- MIS Reporting
- Markit
- Bloomberg
Languages
English
Kannada
Tamil
Telugu
Notable achievements
Received Gold Award and Spot Award for Excellence for quality work in Northern., Positive participator for delivering multiple tasks in timely manner in State street., Exemplary contribution Award for working in an unearthly hour in State street.
Timeline
OTC Derivatives Emerging Lead
State Street
11.2020 - 05.2025
OTC Derivatives Senior Analyst
State Street
04.2019 - 10.2020
OTC Derivatives Analyst
Northern Trust
12.2016 - 04.2019
Bachelor of commerce - undefined
SSMRV Degree college