Krishna Sutar
Bengaluru
Summary
Dynamic professional with nearly 10 years of expertise in FX Swift and Derivatives Operations, specializing in risk management and trade handling. Proven track record in developing and implementing enterprise risk management frameworks, enhancing operational efficiency, and driving strategic initiatives in investment banking. Skilled in conducting risk assessments, leading workshops with senior management, and delivering actionable insights through advanced analytics. Committed to leveraging technology to solve core business challenges and improve profitability.
Overview
13
13
years of professional experience
Work History
Manager
Standard Chartered Bank Global Business Services pvt ltd
07.2022 - Current
- Investigated STP issues, maintaining static to ensure seamless trade flow into back-office systems.
- Monitored risk by assessing late trades against trade dates and engaging booking marketers for validation.
- Analyzed Sales Washbook for currency spikes, escalating significant trades to the desk for resolution.
- Reconciled trades between Razor and Murex, ensuring offset deals were accurately booked.
- Addressed unnamed counterparty mapping issues, reporting findings to desks for timely deal allocation.
- Responded promptly to queries from confirmations team, providing accurate information as needed.
- Checked deal hub application for STP compliance, determining if manual booking was required.
- Managed portfolio requests from desks, facilitating amendments and new internal submissions.
- Monitored Tradeserv and Markitserv queues and investigating breaks and ensure all deliverables are met with quality & timeliness as required by the Client by liaising with Front office, Middle Office and clients.
Emerging Lead
Natwest Markets
12.2019 - 06.2022
- Facilitated accurate updates within processing database by communicating with Static Data team, Settlements, Traders, and clients.
- Provided essential information and ad-hoc assignments to Senior Manager and Manager for timely report submissions.
- Ensured timely processing of FX/FXO deals with interbank clients by matching and verifying SWIFT trades.
- Liaised with front offices, traders, customers, and counterparties on payment, settlement, and trade confirmation issues.
- Raised static updates for new client accounts and updated SSI based on client feedback.
- Steered internal change requests while consulting management on risk factors of proposed changes.
- Coordinated major transitions including financial, technological, operational, and governance changes.
- Created comprehensive transitional plans outlining project expectations, scope, schedule, and budget requirements.
Associate Process Manager
eClerx Services Pvt. Ltd
Mumbai
01.2018 - 11.2019
- Handled client escalations and implemented mitigation strategies to prevent recurrence.
- Developed Analysts and Senior Analysts in process management, risk assessment, and goal-setting.
- Designed innovative engagement models to enhance client touchpoints and interactions.
- Facilitated internal change requests, advising management on associated risks during transitions.
- Tracked and designed KPIs and KRIs, establishing thresholds for confirmation processes.
- Built domain expertise through training, mentoring, and managing delivery operations.
- Shared process knowledge and best practices to promote knowledge management across teams.
- Managed daily operational risk activities, including assessments, incident analysis, and planning.
Process Specialist
Cognizant Technology Solutions
Hyderabad
06.2012 - 01.2018
- Key Result Areas:
- Transitioning - FXMM - Pre-Settlements from Singapore to India.
- Drafted and verified the confirmations for the barrier options and exotics products using trade emails and termsheets.
- Sharing daily reports of unconfirmed trades with clients and management as per SLAs.
- Highlights
- Provided timely confirmation of foreign exchange transaction details (Spot, Forwards, NDFs, Derivative) in timely and appropriate manner
- Successfully drove projects by Investment Bank to strengthen the Back Office Operation by processing FX trade
- Data from internal and external platforms to generate an extensive report for the Confirmation Team
- Escalated unaffirmed trades as per the regulatory requirements in a timely manner, and checked audit trails to ensure all trades are actioned and up to date.
- Matched and verified MT306, MT305 & MT601 confirmations with CP swifts; issued FX & Derivatives confirmations based on ISDA Guideline
- Leading the Maintenance of data in relation to points of contact internal and external and additional information necessary to resolve trade issues and queries
- Significant Accomplishments:
- Successfully drove projects by Investment Bank to strengthen the Back Office Operation by processing FX trade data from internal and external platforms to generate an extensive report for the Confirmation Team
- Received Client Appreciation Award for good communication & problem resolution in 2016
- Honored with 6
Education
FX Swift Confirmations Process Automations FX Derivatives Drafting Risk Management Investment -
Middle Office Trade Control Compliance Management -
B.Sc. - Biotechnology
Avanthi
Degree College
HyderabadSkills
- Trade reconciliation
- Risk management and monitoring
- Process enhancement
- KPI analysis
- Operational risk oversight
- Cross-functional collaboration
- Static data management
Languages
Additional Information
- WOW Awards and 1 OPEL Award in consecutive years Felicitated with Best Team Award as well as Best Project Award in 2015 Personal Details Date of Birth:, Address: House No. 2-3–SC0003, Raghvendra Nagar, Medchal-Athvelly- 501401
Languages
English
Advanced (C1)
C1
Hindi
Advanced (C1)
C1
Telugu
Advanced (C1)
C1
kannada
Advanced (C1)
C1
Accomplishments
- Client Appreciation Award for good communication & problem resolution
- 6 WOW awards and 1 OPEL Awards in consecutive year
- Best Team Award as well as Best Project Award
Affiliations
- Dancing and listening to music
- Reading novels
- Playing Sports
- Watching Movies and Food Chanels
Timeline
Manager
Standard Chartered Bank Global Business Services pvt ltd
07.2022 - Current
Emerging Lead
Natwest Markets
12.2019 - 06.2022
Associate Process Manager
eClerx Services Pvt. Ltd
01.2018 - 11.2019
Process Specialist
Cognizant Technology Solutions
06.2012 - 01.2018
FX Swift Confirmations Process Automations FX Derivatives Drafting Risk Management Investment -
Middle Office Trade Control Compliance Management -
B.Sc. - Biotechnology
Avanthi
Degree College
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