Summary
Overview
Work History
Education
Skills
Accomplishments
Timeline
Certification
Software
CustomerServiceRepresentative
Harish Akula

Harish Akula

Derivatives Analyst
Hyderabad

Summary

Derivative analyst with over 7+ years of experience in OTC Derivatives with an extensive knowledge of Lifecycle of trading with skillset in Collateral operations & Documentation. Has an expertise in Market events such as Successor events, Mergers and Acquisitions. Additionally, possess experience in managing a team of 5.

Overview

12
12
years of professional experience
3
3
Languages
1
1
Certificate

Work History

Team Lead -OTC Derivatives & Collateral Operations

Cognizant Technologies Solutions
HYDERABAD
01.2023 - Current
  • Managed Team of 5 under Collateral operations
  • Prepared SLA reports and weekly dashboard for presentation to onshore and offshore stakeholders.
  • Managed schedules, accepted time off requests and found coverage for short shifts.
  • Took on additional job duties during unexpected backlog, resulting in meeting project target date.
  • Trained new team members by relaying information on company procedures and safety requirements.
  • Evaluated employee skills and knowledge regularly, training and mentoring individuals with lagging skills.

Process Specialist - Collateral Operations

Cognizant Technologies Solutions
Hyderabad
09.2020 - 12.2022
  • Margin call processing - Issuing Initial Margin and Variation margin calls to clients and make sure clients to cover all calls
  • Margin Call settling with ISDA, MSFTA and CSA agreements
  • Reporting - Generate variety of reports such as Disputes tracker, Daily movements analysis, Margin call summary, Fails tracker, Daily Risk report and Portfolio reconciliations
  • Collaborated with team to define business requirements for organizational processes, achieve productivity standards and adhere to accuracy standards
  • Developed standard operating procedures and document workflows to drive current and future processes
  • Possessed deep understanding of CFTC Regulatory requirements, Uncleared margin calls

Senior Analyst - Transaction Processing

Societe Generale
Bangalore
08.2015 - 09.2020
  • Led team of 3 members and was SME of Credit & Rates Derivatives Electronic confirmations for all major inter-banks and corporate clients
  • Performed back-loading of IRD paper deals to Markitwire using Bulk Action Tool
  • Responsible communicating with thorough and detailed explanation to Front & Middle offices and clients via e-mail or phone to resolve all differences in timely manner
  • Involved in mapping external counterparties to internal system in integration to external platform or vice versa

Financial Executive

Randstad
Hyderabad
01.2011 - 08.2015
  • Prepared compliance reports, EVS & Reviewed invoices
  • Managed over 150 Monthly bills for Cab vendors and seek necessary approvals

Education

Bachelor of Arts - Hotel Management

Dr BR Ambedkar University
Hyderabad, India
07.2005 - 2008.05

Skills

Trade Confirmations

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Accomplishments

  • Achieved 100% Trade matching within in the deadline on IRD & DTCC on electronic platforms simultaneously with accuracy and efficiency
  • Processed & Conducted Problem solving session on Account swing activity which was a never before scenario which led to the satisfaction of concerned client relation management
  • Recognized with R & R awards multiple times for the Contribution in terms of Team growth, Efficiency, Commitment & Process improvements
  • Managed Relationships with Tier 1 clients and become their Primary contact and handled the queries which lead to the customer satisfaction


Timeline

Team Lead -OTC Derivatives & Collateral Operations

Cognizant Technologies Solutions
01.2023 - Current

Process Specialist - Collateral Operations

Cognizant Technologies Solutions
09.2020 - 12.2022

Fundamentals of Business Analysis (Dukes corporate education)

03-2020

Senior Analyst - Transaction Processing

Societe Generale
08.2015 - 09.2020

Financial Executive

Randstad
01.2011 - 08.2015

Bachelor of Arts - Hotel Management

Dr BR Ambedkar University
07.2005 - 2008.05

Certification

Fundamentals of Business Analysis (Dukes corporate education)

Software

DTCC

IHS Markit

Markitwire & Markitwire DMS

ICE

LCH

Calypso

Tri Optima

Acadiasoft

ALGO

Peoplesoft

Euroclear

BONY

Harish AkulaDerivatives Analyst