Harsh Yadav
Senior Business Analyst
Bangalore
Summary
10 years’ experience in Investment Banking, Business Analyst – Money Market FXMM, Derivative Fixed income & MM Loan and deposits. SWIFT Settlements, Cash Management & Funding, Reconciliation, Money Market, Rate fixing and rate scan, Treasury back, Middle & Front office, Commodity Physical Trade Settlement, Dealers assistance, Project Handling- Onsite / Offsite transition experience, System Integration and Migration, Manual Testing support- SIT, UAT, Sanity and Regression Testing. Perceptive Senior Business Analyst with [Number] years driving successful business processes for [Type] companies. Dedicated to maximizing impact of key performance metrics to enhance and expand business operations. Known for leveraging both macro and micro-scale analyses to generate holistic images of ongoing business operations for immediate actionability.
Overview
11
11
years of professional experience
7
7
years of post-secondary education
Work History
Sr Business Analyst
Yethi Consulting
10.2023 - Current
- Functional expertise in Treasury products for Money Market FXMM Loan, Deposit, Placement, Borrowings, FX Confirmation & Trade Settlements via Swift, Derivatives, and Securities -Fixed Income & Treasury bills.
- Knowledgeable in Cash Management - Payments, Collections, Foreign Exchange (FX), SWIFT Message Types (MT 1XX, 2XX, 3XX, 9XX) & ISO 20022 Message Processing.
- Familiar with Clearing Systems including SEPA, BACS, CHAPS, CHIPS, FEDWIRE, NEFT, RTGS, Faster Payments.
- Proficient in Manual SIT, Sanity, UAT & Regression testing for Money Market products- Fx, FXMM loan & Deposit, & Securities -Fixed Income & Treasury bills.
- Leading UAT activities, including product training, sign-off, and assisting clients in performing UAT.
- Efficient in Requirement Analysis, Validation, and Implementation.
- Worked with Treasury System:- Finacle Treasury 11.3.4.19 and Flexcube 14.6
- Optional Tools:- Jira, Confluence, Atlassian tools
Senior Specialist Business Analysis
MindTree (LTI MINDTREE)
03.2022 - 07.2023
- Working as Business Analyst responsible for writing User case or stories, BRD, FRD for assigned project
- Mock-up screen to build UX design and Architecture and acceptance criteria
- Interacting with Front and Back Office to build test cases for testers
- Conducting weekly Sprint call with Business Stakeholders, Development and Project Manager to track requirements by following Agile Methodology.
- Domain / Functional Area:- Investment Banking, Treasury Capital & Money Market and Asset Management, Murex MLC
Lead Business Analyst Consultant
Virtusa
05.2020 - 03.2022
- Business Analyst for Effort Estimation, BRD, FRD, Client Interaction, Business Analysis, Requirement Gathering, Business Impact Analysis, Training and Testing
- Having domain experience in Investment Banking (Money Market)- Front Office, Middle Office, Back Office, Foreign Exchange, Derivatives, Fixed Income and FXMM Loan & deposits
- Implementing new change with FO such as configuration and adding a new portfolio
- Efficient in understanding business process management, business requirements of customers for documenting same and explaining to UX design, Architecture, Developers and Testers or End users
- Reviewing the Structured Query Language (SQL)
- Functional SME for SWIFT payments domain
- Good experience in UAT testing as a QA (Regression, SIT and Functional testing) and maintained Requirement traceability matrix to ensure that the requirements are met and tested.
- Domain / Functional Area:- Investment Banking, Money Market, Foreign Exchange, -Front Office, Middle Office, Back Office, Derivatives, Fx, Swift Payment , Accounting entries.
- Project successfully deployed:- Including GST in FX -Spot, Forward, Swap & NDF RBI Regulatory Requirements and Libor Transition to RFR rates (SONIA & SOFAR) for Simple &Compounding with delayed interest.
- Application worked:- Flex Cube, Murex, Intellect, FXMM Quantum and eDealer
Lead (Treasury Back office)
Tesco
02.2019 - 02.2020
- Settlement: - Processing of payments using MT-101 /MT-103/ MT202 basically for Forex exchange, Loans, Dividends, SEPA payments, IRS, ILS, Currency Swap, NDF, Bilateral trades, Repos, Interest and Company Intercom Payments
- Static:- Setting up of new account & SSI details for beneficiary in Findur for settlement
- Confirm the SSI details with counterparty
- Confirmation:- Confirmation of the trades via Misys & Findur, manual confirmation & Swift confirmation MT 300 & 320 and phone confirmation
- Reconciliation:- Managing Tesco PLC cash management, cash position, ensuring all accounts reconciliations in timely manner and keeping stake holders well informed about discrepancies and the long & short position and claims
- EMIR Reporting:- Sharing daily European Market Infrastructure Regulation report with Repository
- Supporting:- Front & Middle office for cash management, FX deals, fixing oil swap price in system, Currency Swap, interest Rate Swap and Domestic venders payments
- Relationships:- Building a relationship with dealers, agent bank & custodian banks, counterparties & stakeholder
- Handling Reports:- Rate fixing report, Dealing completion report, settlement reports, Management report, Mark to market report & KPI
- Leasing with Middle office for analysis of crude oil market, Fx currencies like GBPUSD,GBPEUR, EURUSD.
- Domain / Functional Area- Investment Banking, Money Market,-Front Office & Back Office
- Application worked:- Findur (open link), Murex 2.0, HSBC net, Citi Direct, Bottom line, Reuters Deal Tracker, Bloomberg and EBA clearing & Clear stream.
- Project successfully deployed:- Data Migrations of back office to UK ( Budapest), Clearing Auditing for Back Office operation with Big 5 Auditors and UAT testing for Money Market migration project- Fx & FXMM
Senior Associate (OTC Derivative Settlement CASC)
Cargill Business Services India Pvt. Ltd
06.2017 - 05.2018
- Primarily responsible for supporting a Commodity Merchant by processing and sending out commodity payables/receivables, commodity billing invoice, Forward contract administration, and customer service
- This position utilise of Lynx software, Microsoft SQL Server2008, WallStreet Suite, Bloomberg and MS Excel to apply units to contracts, set up and pay freight and other invoices, and work with other functions to ensure proper invoicing and timely payments
- Analysis of Soybean Oil market and adhering with Cargill exposure and report the PLN to traders and stakeholders
- Setup new platform Wall Street suits treasury management system for process CASC payments
- Ensuring that all trades are confirmed/necessary actions are taken Observing clarity on settlements of trades within the currency cut off times
- Retrieving & Modifying from Database to fasten the process using Microsoft SQL Server2008
- Responsible for interacting with client for resolving issues connected with settlements and agreeing on manual confirmation of trades based with the client
- Have been successfully cross-trained the team members
- Review and pay Freight and Brokerage.
- Domain / Functional Area:- OTC Derivative (Physical Deliveries) / Commodity – Soybeans Oil & Meal
- Project Deployed:- Migrated successfully Physical Commodity Settlement process for Soybean Meal and Oil from USA to India.
Market Officer (Global Markets Operation)
ANZ Supported Services India Pvt. Ltd
02.2013 - 06.2017
- Fx settlement (Corporate/ SME/ Investors): Processing of payments using MT 103/ MT202 by handling all general banking operations, basically Deposits, Clearing & Settlement of SWIFT payment, RTGS, FAXS online, IPO, Inward, Salary Settlement, Voice Pay, Web pay, Foreign Exchange Trade, DRD, SDP & Non-SDP with high quality level of customer service (Individuals, Hedging & Corporate customers)
- Implemented Fx payments on Murex 3.1 new platform (Configuring of fx process, UAT for the payments, monitoring deal failure queue in upstream, reconciliation for settlement, checking payments failure and leasing with developer & system team for the correction of data flow in the system
- Responsible to process the payment manually which get failure in the queue and also correction of static (account & SSI details for the client).
- Responsible for verifying and releasing payments once the processor has processed the MT 103/202.
- Ensuring that all trades are confirmed/necessary actions are taken Observing clarity on settlements of trades within the currency cut off times
- Responsible for interacting with client for resolving issues connected with settlements and Agreeing Netting figures with Clients
- Processing MT 199 or MT 299 messages to receiver bank in case of any change in Settlement instructions
- Manual confirmation of trades based on fax, phone and mails
- Responsible for providing information/documentation to post settlements team in terms of past value date items
- Sending daily KPI (Key Performance Indicator) to team in terms of performance and outstanding items.
- Liaising with Front Office/Brokers and Clients for settling the trades
- Overseeing processes to identify operating safety on errors, risks and addressing concerns to Line Manager/Head of settlements
- Handling customer queries and responding within agreed turnaround time
- Reconciling the trading and Nostro accounts
- Successfully crossed trained to new team member.
- Domain / Functional Area:- Money Market – Fx Settlement / Derivative IRS settlement / FO Deal Capture & Booking.
- Application worked:- FxALL, Wall Street, MIDANZ, Murex 2.1, Global pay plus, GTSS
Education
MBA - Finance
SESHADRIPURAM INSTITUTE OF MANAGEMENT STUDIES, Bangalore University
Bangalore, India 06.2010 - 10.2012
BBA - Business Management
DAV INSTITUTE OF MANAGEMENT, Maharishi Dayanand University
Faridabad, India 06.2005 - 10.2008
12th Grade - Accounting And Finance
AGGARWAL PUBLIC SCHOOL, CBSE Board
Faridabad, India 04.2004 - 05.2005
Skills
Treasury Money Market
Product- FX, FXMM, Derivative, Securties- Fixed Income & TBills
SWIFT Message Types (MT 1XX, 2XX, 3XX, 9XX) & ISO 20022 Message / ISO20022
Manual Testing - SIT, UAT, Sanity and Regression Testing
Stake holder & Dealer AssistanceProject HandlingOnsite/ Offsite Transition
Holding B1/B2 USA VisaTreasury Management System - Front & Back Office
MS Office- Excel /Word/ PPTSQL
Accomplishments
- ANZ -Spot & Star award for excellent performance
- 3 Transition successful live
- Virtusa- Spot award for best performer
Personal Information
Date of Birth: 10/29/87
Timeline
Sr Business Analyst
Yethi Consulting
10.2023 - Current
Senior Specialist Business Analysis
MindTree (LTI MINDTREE)
03.2022 - 07.2023
Lead Business Analyst Consultant
Virtusa
05.2020 - 03.2022
Lead (Treasury Back office)
Tesco
02.2019 - 02.2020
Senior Associate (OTC Derivative Settlement CASC)
Cargill Business Services India Pvt. Ltd
06.2017 - 05.2018
Market Officer (Global Markets Operation)
ANZ Supported Services India Pvt. Ltd
02.2013 - 06.2017
MBA - Finance
SESHADRIPURAM INSTITUTE OF MANAGEMENT STUDIES, Bangalore University
06.2010 - 10.2012
BBA - Business Management
DAV INSTITUTE OF MANAGEMENT, Maharishi Dayanand University
06.2005 - 10.2008
12th Grade - Accounting And Finance
AGGARWAL PUBLIC SCHOOL, CBSE Board
04.2004 - 05.2005