Joe Navin Prashanth
Chennai,TN
Summary
Experienced Financial Officer with 19 years in Investment Banking. Specialized in OTC Derivatives, Fixed Income, and Cash Management. Known for client focus, adaptability, and proactive problem-solving. Demonstrated success in strategic thinking, analytics, and team leadership.
Overview
19
19
years of professional experience
Work History
Financial Officer
The World Bank Group
09.2013 - Current
- Managing multifaceted team of 11, segmented into two key operational divisions, tasked with back-office operations including asset management and capital markets activities
- Spearheading International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA) financing initiatives, marked by triple-A rating, across global and domestic bond and derivatives markets
- Guiding expansion and client engagement for Bank's financial hedging products aimed at supporting developing nations
- Partnering with World Bank member countries to enhance their financial management capabilities.
- Supporting full spectrum of life cycle events, from trade booking, reviews, and documentation to settlements, monitoring of options, and collateral management.
- Handling diverse post-execution activities across fixed income, derivatives, and cash products.
- Serving as Treasury representative in broader Center-wide initiatives and discussions.
- Leading system replacement initiatives (Summit to Murex), IBOR transition, business requirement documentation reviews, coordinating with vendors & ITS teams for module delivery and testing.
- Managing RFI and RFP processes for Custodian and Collateral Agent replacements.
Structured Equity Derivatives Documentation - Lead Analyst
CITIGROUP
12.2010 - 09.2013
- Worked in Citibank's IB Operations in Chennai, focusing on Structured Equity Confirmations
- Managed trade affirmation, drafting, chasing, and matching
- Served as Lead Analyst overseeing team of 5 analysts
- Drafted highly structured Equity Derivatives product deals for Interbank & Corporate clients
- Chased & matched legal documents from Interbank & Corporate clients
- Prepared KPI and MIS reports for internal and external clients regularly
- Ensured compliance with Dodd-Frank regulations for T+3 days trade execution.
CDS Settlement - Senior Analyst
UBS IB
05.2008 - 12.2010
- Worked for UBS IB Operations from Hyderabad part of Credit Default Swap Settlements team
- Trained on Non-quarterly settlement of cash flows with Inter banks and resolving settlement related issues
- Proposed IT enhancements for few banking related applications used part of operations
- Worked on project to reduce manual intervention on matching of cash flows on reconciliation perspective and automation of same
- Project was completed successfully providing savings in terms of FTE to 1.5 from CDS Settlements team
- Trained on Equity settlements for Equity Swap, Equity Option & Total Return Swap products and worked on various cash flow settlements across all markets
- Exposure to settlements of corporate actions for Total Return Swap product.
Workflow Control Team
DEUTSCHE BANK OPERATIONS INDIA LTD
12.2006 - 05.2008
- Investigating trades that are stuck in FO queue and not entering BO workflow of documentation system
- Investigating & changing trades to their correct age in workflow
- Investigate & Dispatch documents to clients using their Fax No and action on trades part of Workflow Control Inbox
- In Feb2008 was trained in Drafting Documentation for Derivative Trades
- Trained on drafting Vanilla Swap, Novation of Vanilla Swap, Forward Rate Agreement and Basis Swap
- Had successfully drafting trades on regular basis with zero error rate which is highly acclaimed within team.
Chasing Team - Analyst
HCL CAPITAL MARKETS SERVICES
06.2005 - 12.2006
- HCL outsourced Deutsche Bank operations from Bangalore in Derivatives
- Handled Derivatives and it consists of products like Swaps, Options, Cap, Floor and various other OTC products
- The key activities in this team were Client Interaction to resolve queries & discrepancies on trade and meeting the daily Service Level Agreements
- Handled Goldman Sachs as counterpart and worked on trades that were done between Deutsche Bank & Goldman Sachs with high volumes
- Joined as Process Executive and was promoted as Senior Process Executive within year.
Education
MBA -
Symbiosis College For Distance Learning
India03.2011
B.COM -
Loyola College
India04.2005
Skills
Investment Management
- Due diligence
- Cash Flow Management
- Organizational leadership skills
- Continuous Improvement
- Proficient in banking platforms like Summit, Murex, Pega, Markitwire, Quantum, Bloomberg, Reuters and DTCC
- Problem-solving abilities
- Robotic Process Automation
- MS Power Apps exposure
- Acquainted with FinTech initiatives
Personal Information
- Passport Number: N1090591
- Date of Birth: 03/08/1985
- Marital Status: Married
Disclaimer
I hereby declare that all the above information are true and correct to the best of my knowledge.
Timeline
Financial Officer
The World Bank Group
09.2013 - Current
Structured Equity Derivatives Documentation - Lead Analyst
CITIGROUP
12.2010 - 09.2013
CDS Settlement - Senior Analyst
UBS IB
05.2008 - 12.2010
Workflow Control Team
DEUTSCHE BANK OPERATIONS INDIA LTD
12.2006 - 05.2008
Chasing Team - Analyst
HCL CAPITAL MARKETS SERVICES
06.2005 - 12.2006
MBA -
Symbiosis College For Distance Learning
B.COM -
Loyola College
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