Jacky Bhatia
Bhatia Niwas, BK No.883, Room No.9, Section 18, Near Thariya Singh Darbar
Summary
Top performance professional possessing expertise in all facets of middle office including trade booking, trade capture, trade allocation, trade confirmation, reconciliation, risk management, trade settlements, P&L, attribution, reporting and team management. Skilled in prime broker interfacing, cash management, security pricing, resolution of trade queries, and data maintenance. Instrumental in developing processes to increase efficiency and streamlining operations.
Overview
9
9
years of professional experience
1
1
Certification
Work History
Assistant Manager
PineBridge Investments
09.2021 - Current
- Engaged in close working relationship with Front Office Credit, Emerging Market Debt and Derivative Traders and Portfolio Managers.
- Perform daily/weekly/monthly client reports such as Trade Blotters, Open FX Forward and Holdings reports from State Street
- Handle broker collateral calls for FX Forward Positions
- Handle daily cashflows posting in BBG system
- Review & Reconcile PineBridge UCITS Fund Fact Sheets for Fixed Income, Equity & Global Multi Asset
- Handle adhoc queries from custodian, brokers and within PineBridge
- Derivatives Support; confirming and resolving clearing issues for Derivative Products (CDS, Swap, Futures, Forwards).
- Review on a weekly basis Pricing Reports from State Street to ensure accuracy
- Daily Variation Margin & Initial Margin on all Derivative Traded products; calculating and instructing cash movements
- Absolute focus on risk and control while sending the report to onshore and broker
- Ensure we meet our SLA every day on every report we sent
- Provide Comprehensive error reporting when such instances occur, and evidence action plan to ensure any identified gaps are closed
- Proactive & transparent communication to stakeholders related to all reporting.
- Attribution; Performing Risk analysis on Account performance vs. benchmark.
- Utilizing Bloomberg to resolve trade related discrepancies and queries (i.e. accrued interest, factor updates, future/option expiration etc.).
- New Derivative and Security Account Onboarding; setting up Clearing Brokers, Clearing Houses and Global and Domestic Market Settlement SSIs for New Accounts.
Associate
Morgan Stanley India Private Limited
10.2017 - 09.2021
- Perform daily T+1& T+0 reconciliation for all London & Asia Desks (Core, Programs, & MSET Flow) for Wash Accounts & Trading Accounts under RM's assigned to Mumbai.
- Report Give-up trades as per Client instructions to respective executing broker.
- Book change of Cost (COC) for FX trades executed in the market
- An absolute focus on risk controls, by reconciling accurately and presenting traders position accurately.
- The tolerance for error or delay is very low to zero.
- Handled training of other team members and ensure adequate backup for team.
- Reaching out to IT for fixing the recurring issues.
- Also ensuring desktop procedure updated on timely basis.
- Ensure timely, accurate, and complete communications between the Mumbai center and trade support groups and other operations/finance/IT/business teams in the various offices.
- Learning of Morgan Stanley's businesses, organization, procedures, controls, systems, and staff management practices based on updates.
- Exchange reconciliation, Broker reconciliation, Position reconciliation and Third party broker matching.
- Work closely with project management to provide timely transparency.
- Performing in depth analyses of trade’s discrepancy and liaise with respective team finding root cause of the issue. to mitigate on daily occurrence.
- Performing research function and advising desk of profit or loss.
- Led training sessions for new employees to ensure smooth integration into the company culture and workflow.
Financial Analyst
eClerx Services Ltd
06.2015 - 10.2017
- Working efficiently on pre-matching trades on different markets like European market, Emerging market, Crest/UK market, Euroclear market etc
- Working on post-settlement like getting update from agent on particular trade, instruct in Euroclear, offering partial to cp on behalf of settlement, to net-bulk or split the trade etc
- This activity is started at a T+1, T+2, S+1 and so on stages, which can differ if required by market regulations and other specifications around a trade
- This is done via email and phone follow-ups to ensure audit and compliance (Trade parameters) Requirements are matching
- On Settlement day the activity is generated around the trade, from covering short positions to deliver to chasing counterparty brokers in case of failing receipts
- Trades that require special priorities - New Issues, Potential Buy-in deliveries, Market regulated claims are given priorities and settled in accordance with the procedure
- Working on daily reports (Recs), perform reconciliation between CASA and GMI
- Taking care of disputes and working on trade, cash and position reconciliations
- Perform Root cause analysis and resolution of any trade which is missing in CASA and GMI.
- Achieved significant cost savings by identifying financial inefficiencies and implementing improved processes.
Education
M.M.S (Finance) - Finance
Vivekanand Education Society's Institute of Management Studies & Research
Mumbai, India06.2015
B.Com - Accounting And Finance
Ramchand Keematmal Talreja College
Mumbai, India05.2012
H.S.C -
Ramchand Keematmal Talreja College
Mumbai, India05.2009
S.S.C -
S.P.P. New Era High School
Mumbai, India05.2007
Skills
Risk System, GMI, MS Excel, MS Office, Project Management, Operations Management, Process Improvement, Interpersonal Skills, Alert, DTCC
Certification
- Derivatives Market Dealers Module from NCFM
- Security Market Dealers Module from NISM
- Mutual fund Distributors Certification Module from NISM
Accomplishments
- Awarded with "Spot Reward" from eClerx Services Ltd March, 2016
- Awarded with "Spot Reward" from eClerx Services Ltd March, 2017
Personal Information
Date of Birth: 10/21/91
Languages
English
Hindi
Sindhi
Hobbies and Interests
Trekking, Swimming, Cricket
Timeline
Assistant Manager
PineBridge Investments
09.2021 - Current
Associate
Morgan Stanley India Private Limited
10.2017 - 09.2021
Financial Analyst
eClerx Services Ltd
06.2015 - 10.2017
M.M.S (Finance) - Finance
Vivekanand Education Society's Institute of Management Studies & Research
B.Com - Accounting And Finance
Ramchand Keematmal Talreja College
H.S.C -
Ramchand Keematmal Talreja College
S.S.C -
S.P.P. New Era High School
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