MAHENDRA KUMAR KURUVA
Head Of Operations || EX CITI || EX BARCLAYS || EX JPM ||
Bangalore
Summary
OVERVIEW & OBJECTIVE:
Overall 18+ years of experience started as Business Analyst, FIX Client onboarding, and Client Connectivity Support in the front office division where greater involvement with Business Desk, external clients, and internal stakeholders further moved as an operations manager worked as an on-site coordinator at TCS managing the end2end deliveries, resources & budgeting, training and upskill, appraisal and year-end reviews and project management.
Overview
19
19
years of professional experience
Work History
Vice President, Operations
Enfusion
Bengaluru
11.2021 - Current
- Currently managing team of 25 people of OEMS operations that includes all functions of FIX Operations.
- Provided organizational leadership and established business vision to achieve Operations goals in terms of delivery.
- Directed day-to-day operations by spearheading implementation of short-term and long-term strategies to achieve business plan
- Investigated issues impacting organizational, operations and service delivery to understand root causes, prepare detailed reports and recommend corrective actions.
- Been recruited of 20 members and directed recruitment activities to select and hire talented workforce.
- Monitored regularly team BOW's and reported on ongoing projects to help achieve departmental targets.
- Be the primary contact person for all escalations and manage Incident management
- Hired and managed employees to maximize productivity while training staff on best practices and protocols.
EMEA Head F&O FIX Onboarding
Citicorp
Pune
08.2017 - 11.2021
- Managing EMEA FIX Onboarding Team of 6 direct associates , their BOW and appraisals.
- Established Stake holders and Vendor management.
- Re-define Efficient Process for FIX Onboarding to compete with Market Standards.
- Working closely with Business (Trading Desk/ Sales in NY, London )
- Usage of various applications (Order Management Systems, Bloomberg, Appia Fix Engine, Verifix Trades cope & Certify (testing tools.)
- Documentation of OB process, Certification Test Scenarios on SharePoint.
- L2 Support, Investigate and assist Trading Floor Support Team to resolve any Production Issues.
- Helped business in migration of FIX Clients: NYFIX FIX Engine flow to In house FIX Engine
Assistant Vice President, Team Lead OP & IT
Barclays Capital PLC
Pune
12.2014 - 08.2017
- Managing Pune FIX Onboarding Team of their BoW and appraisal of 4 members team
- Client account management for cross asset classes covering equities and derivatives
- Liaising with internal and external traders in understanding requirements for onboarding and providing solutions for smooth transition of clients on to trading platform
- Working with sales teams in building relationships with clients and assisting them in resolving any issues that may come across in production
- Liaise with Business, Development, project management and testing teams to understand, plan, schedule and deliver products of varying complexities
- FIX Certification & On boarding clients to various business streams
Onsite Coordinator -Daiwa CM HK
Tata Consultancy Services[TCS]
Hong Kong
01.2011 - 12.2014
- Certified and Delivered Fidessa OEMS for all 13+ leading APAC markets .This project was carried for almost two years where i was leading this project both onsite and offshore part of team of 18 associates.
- Manage business expectations on Onboarding , Projects, BAU and handle production Support teams on trading floor of Daiwa APAC headquarters.
- Helped Daiwa to migrate 300+ client migrations for HT, Algo/DMA and Program Desks to new Uliink/Fidessa systems
- Developed internal requirements and standards to minimize regulatory risks and liability across programs.
- Monitored front areas so that questions could be promptly addressed.
- Worked from offshore to build new team of 6 members from BLR to support regular BAU for new applications.
- Improved customer satisfaction scores through application of superior conflict resolution and problem-solving skills.
FIX Analyst
JP Morgan
Tokyo
07.2010 - 12.2010
- Consultant and part of Asia Client Connectivity team member working on full time for Tokyo FIX COB and L2 trade flow support
FIX Analyst
Mizuho Securities
Tokyo
09.2009 - 06.2010
- FIX Onboarding,Migrations,Certifications and Product Support.
FIX Analyst
HCL Technologies Ltd
Bengaluru
12.2005 - 09.2009
- Managed Marcopolo clients of end to end FIX Onboarding, Production Support , Business Analysis and Static Data Management
- Short term work experience at client's office in New York City for meeting and training purposes
Senior Executive
Geojit Financial Services Limited, BNP Parbias
Bengaluru
08.2004 - 12.2005
- Managed high net-worth portfolio clients order book in different Order Management in NSE /BSE Equties and F&O Operations.
Education
PGDBA - ACCOUNTS,ECONOMICS and BUSINESS MANAGEMENT
Symbiosis Centre For Distance Learning (SCDL)
PUNE 04.2006 - 05.2008
Bachelors Of Commerce [BCOM - Economics, Statistics, Computers
Sri Krishnadevaraya University
Anantapur 06.1998 - 05.2000
Skills
Equties ,Listied Derivatives and FI
UNIX/SQL/OEMS Functional Testing
Networks: basic networks - Firewall
Salesfroce,JIRA,SeriviceowAlgorithm Trading FunctionalMessaging protocols: FIX 42 / 44 – Single order flow / DMA/Algorithm/Program flowPolicy and procedure development
Recruiting and Hiring
Hiring and Budgeting
Project Management
Accomplishments
- Involvement in some major projects:2006: Automated the FUT&OPT Data for Marcopolo – Involved & created FUT & OPT for next 10 years data for NSE for Marcoplo client Lehman brothers based on the logic and uploaded in OMS for electronic trading2009: Exchange driven project TSE Arrowhead Go Live – Involved in client certification testing and internal QA at Mizuho Securities
- 2013: Business driven project Daiwa Electronic Trading flow migration to Fidessa/Ullink vendor's platform – Worked on migration project at DAIWA from beginning to till go live to decommission their current OMS/FIX and helped them to Implement FIDESSA OMS flow(OMAR) and EMS flow (AMMA) for Asia markets, in phase2 migrate the Daiwa end clients
- 2017: At Barclays handled the client migration project and migrate all FnO clients from their legacy system to Fidessa systems for the ASIA which involves GUI & Direct flow and as well drop copy sessions
Timeline
Vice President, Operations
Enfusion
11.2021 - Current
EMEA Head F&O FIX Onboarding
Citicorp
08.2017 - 11.2021
Assistant Vice President, Team Lead OP & IT
Barclays Capital PLC
12.2014 - 08.2017
Onsite Coordinator -Daiwa CM HK
Tata Consultancy Services[TCS]
01.2011 - 12.2014
FIX Analyst
JP Morgan
07.2010 - 12.2010
FIX Analyst
Mizuho Securities
09.2009 - 06.2010
PGDBA - ACCOUNTS,ECONOMICS and BUSINESS MANAGEMENT
Symbiosis Centre For Distance Learning (SCDL)
04.2006 - 05.2008
FIX Analyst
HCL Technologies Ltd
12.2005 - 09.2009
Senior Executive
Geojit Financial Services Limited, BNP Parbias
08.2004 - 12.2005
Bachelors Of Commerce [BCOM - Economics, Statistics, Computers
Sri Krishnadevaraya University
06.1998 - 05.2000