Karan K. Bhattija
Mumbai
Summary
Seasoned Operations and Financial Markets professional with over 12 years of experience across global investment banks and financial institutions, specializing in Listed Derivatives, Cash Equities, Trade Lifecycle Management, Clearing & Settlement, Regulatory Compliance, and Operational Risk. Currently serving as Senior Associate - Listed Derivatives Operations at Goldman Sachs India Securities Pvt. Ltd., Efficiently handling end-to-end post-trade operations for listed derivatives across multiple markets. Proven expertise in driving operational excellence, implementing automation initiatives, strengthening risk controls, managing regulatory audits, and coordinating with cross-functional teams across geographies. Recognized for partnering effectively with Front Office, Technology, and Compliance functions, and delivering scalable operational solutions while maintaining robust governance and regulatory compliance.
Overview
1
1
Certification
15
15
years of professional experience
Work History
Senior Associate - Listed Derivatives Operations
Goldman Sachs India Securities Pvt. Ltd.
01.2021 - Current
- Efficiently Managing Listed Derivatives Operations supporting full-service institutional clients across multiple geographies while managing critical post-trade functions, operational controls, and strategic initiatives.
- Manage the complete listed derivatives trade lifecycle, including trade support, clearing, settlement, margin processing, and post-trade operations.
- Manage and mentor cross-functional teams across multiple locations, driving capability development and succession planning.
- Act as the primary escalation point for Front Office and Trading Desk queries, ensuring timely resolution of operational issues.
- Collaborate closely with Technology, Trading, Compliance, Risk, and Operations teams to deliver seamless post-trade support.
- Successfully implemented Government Securities as eligible collateral, improving operational efficiency and margin optimization.
- Designed and executed Risk & Control Self-Assessments (RCSA), strengthening internal control frameworks and operational governance.
- Led multiple automation initiatives that significantly enhanced Straight Through Processing (STP) while reducing manual intervention and operational risk.
- Managed regulatory audits conducted by SEBI, NSE, and BSE, ensuring full regulatory compliance and successful audit outcomes.
- Drive continuous process improvement initiatives to improve service quality, operational efficiency, and client experience.
- Successfully introduced Government Securities as eligible collateral for margin optimization.
- Improved STP rates through process automation initiatives.
- Strengthened operational control framework through comprehensive RCSA implementation.
- Successfully managed multiple regulatory audits with zero major observations.
- Built and developed high-performing operations teams across geographies.
Senior Operations Executive
Kotak Securities Ltd.
07.2018 - 12.2020
- Managed operations across Cash Equities, F&O, SLBM and Currency Markets, supporting trading, settlement, reconciliations, risk management, and institutional client servicing.
- Performed risk and regulatory monitoring for trading activities.
- Monitored dealer and client trading limits.
- Managed institutional client interactions (Domestic & Foreign).
- Processed exchange trade confirmations.
- Generated Front Office MIS and operational reports.
- Managed contract note generation and client reporting.
- Supported end-of-day operational processes and reconciliations.
Operations Specialist - Cash Equity, Derivatives & Currency Operations
J.P. Morgan India Pvt. Ltd.
09.2011 - 06.2018
- Supported India market operations covering Cash Equities, Listed Derivatives, and Currency products.
- End-to-end trade settlement and post-trade processing.
- Trade confirmations and contract note generation.
- Regulatory reporting to NSE and BSE.
- Client servicing and Front Office support.
- Margin and risk monitoring.
- Accounting and reconciliation activities.
- Audit management and regulatory compliance.
- Process automation and system enhancements.
- Liaised with Technology teams to improve operational workflows.
Transaction Processing Specialist - Banking Cash Operations
J.P. Morgan India Pvt. Ltd.
09.2011 - 04.2014
- Managed banking operations including:
- NEFT & RTGS Processing
- Cheque Clearing Operations
- Collections
- Cash Delivery & Withdrawal Processing
- Tax Payment Processing
- Banking Operations Support
Education
Bachelor of Commerce -
M.M.K College of Commerce & Economics
Mumbai01-2011
Higher Secondary Certificate - Commerce
M.M.K College of Commerce & Economics
Mumbai01-2008
Secondary School Certificate -
A.M.K. Premier High School
Mumbai01-2006
Skills
- Listed Derivatives Trade Lifecycle Management
- Trade Support
- Clearing & Settlement
- Margin & Collateral Management
- Front Office Partnership & Stakeholder Management
- Cross-functional Team Leadership
- Operational Risk & Controls (RCSA)
- Regulatory Compliance (SEBI, NSE & BSE)
- Audit Management & Regulatory Reviews
- Process Automation & STP Enhancement
- Trade Reconciliation & Exception Management
- Client Service & Escalation Management
- Operational Excellence & Continuous Improvement
Certification
- National Institute of Securities Markets (NISM) - Series VII: Securities Operations & Risk Management
- NISM - Equity Derivatives Certification
Systems And Applications
- CTM
- NSDL
- Bloomberg
- Precision
- Custom OMS
- STP Navigator
- NSE NOTIS
- NCMS
- MS Excel (Advanced)
Timeline
Senior Associate - Listed Derivatives Operations
Goldman Sachs India Securities Pvt. Ltd.
01.2021 - Current
Senior Operations Executive
Kotak Securities Ltd.
07.2018 - 12.2020
Operations Specialist - Cash Equity, Derivatives & Currency Operations
J.P. Morgan India Pvt. Ltd.
09.2011 - 06.2018
Transaction Processing Specialist - Banking Cash Operations
J.P. Morgan India Pvt. Ltd.
09.2011 - 04.2014
Bachelor of Commerce -
M.M.K College of Commerce & Economics
Higher Secondary Certificate - Commerce
M.M.K College of Commerce & Economics
Secondary School Certificate -
A.M.K. Premier High School