Laxmish Shetty
Banking Professional
Thane
Summary
Focused banking professional with 15 years’ progressive experience in across Custody and Depository operations, reconciliation of trading books, fail trade management and analysis of financial reports. Presently associated with Citi Bank – Securities & Services Operations Detail oriented with strong analytic skills aimed at producing quality work under strict deadlines Possess good product knowledge of Capital markets, Corporate actions, Mutual fund, and Depository activities. Ability to plan and analyze process requirements.
Overview
15
15
years of professional experience
2009
2009
years of post-secondary education
Work History
Assistant Manager
Citi Bank
01.2018 - Current
- Processing of Corporate action events and Mutual fund transactions
- Tracking & maintenance of corporate action and announcements for Equity & Debt securities from the Exchanges BSE and NSE
- Settlement of trades on receipt of allocation and demat credit on Depository and client reporting accordingly
- Treasury and regulatory reporting of trades on daily basis
- Co-ordination with Brokers, Mutual Fund house, Exchanges and Companies for Corporate action events, clarity on Debt security Terms/ details or for any changes terms due to CA events
Senior Analyst
Deutsche Bank AG
02.2014 - 12.2017
- Processing of Mutual Fund & ETF transactions, tracking of payment and receipts of redemption proceeds and allotment of units towards transactions processed
- Settlement of Clearing house and Hand delivery trades pay-in/ payout, depository stock transfers, pledge, dematerialization/ re-materialization of shares, depository account opening and modifications
- Processing of primary market deals in CPs, CDs, NCDs and Bonds, verifying of all supporting documents for the deals, tracking of debt limit check for foreign clients, payments and receipt of units allotted
- Tracking of payments or receipts and corporate action proceeds for Client holdings, Reporting of SEBI & RBI regulatory reports
- Coordinating with fund houses for confirmation of transactions and with brokers for exchange trades confirmation hand delivery payout settlement
Operations Analyst
Deutsche Bank Operations International
05.2011 - 01.2014
- Performing FOBO reconciliation of Trading books, Handled Fail trade management and B2B Swap for positions & cost level to ensure trades are booked correctly in the systems for NY Region
- Investigate & report breaks to relevant the Trade desk, & resolve breaks by coordinating with Front office and Back office trade desk
- Worked closely with Onshore in migrating of process on TLM
- Working with IT Support for development of Macros for automation of process
- Worked on process improvements where an FTE saved for 2 hours daily was managed by automation of the process
Fundamental Analyst (As Reported Data)
CMC Limited
01.2010 - 01.2011
- Populating FPR and segmentation data on quarterly, half yearly and yearly basis
- Updating basic and diluted shares into Bloomberg terminal
- Reviewing and entering the data of final accounts of different companies into Bloomberg Terminal and publishing it
- Updating and capturing of supply chain details from the financial reports published by listed companies of US
Education
Bachelors - Banking & Insurance
Mumbai University
NISM Series VI - Depository Operations Certification Examination
NISM Series VII - Securities Operations and Risk Management Certification Examination
Skills
Team player
Leadership
Time Management
Flexibility
Problem Solving
Extra-Curricular Activities
Organizing and participating in adventure outings Cricket Football Bowling
Timeline
Assistant Manager
Citi Bank
01.2018 - Current
Senior Analyst
Deutsche Bank AG
02.2014 - 12.2017
Operations Analyst
Deutsche Bank Operations International
05.2011 - 01.2014
Fundamental Analyst (As Reported Data)
CMC Limited
01.2010 - 01.2011
NISM Series VII - Securities Operations and Risk Management Certification Examination
Bachelors - Banking & Insurance
Mumbai University
NISM Series VI - Depository Operations Certification Examination
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