MANTHAN DAVE
Investment Banking- Prime Services
Bangalore
Summary
Finance Professional experienced in Investment Banking across both Buy and Sell sides, with a focus on FX Treasury Operations. Achieved operational efficiency and accuracy in trade capture through effective coordination with Technology, Business Management, Market Risk, and Settlements teams. Focused on driving strategic business planning and optimizing financial performance to support organizational growth.
Overview
1
1
Language
15
15
years of professional experience
Work History
Assistant Vice President
HSBC Bank
09.2021 - Current
- Holds the exposure of monitoring tools like TRAIANA TRM, Harmony.
- Acting as the first point of contact for all client queries and making sure risks are captured on HSBC PB books in a timely manner, and that book positions remain flat facing the street.
- Monitoring Hedge Fund clients’ positions and credit usage is in line with terms, and ensuring they are managed well.
- Assist clients in optimizing their portfolio through compression, NPV, and novation.
- Making sure trade lifecycle events are processed, and ensuring breaks are addressed on time.
- Working closely with business origination, senior management, and the risk team by engaging in discussions and meetings with clients to understand the requirements and liaise internally with stakeholders to facilitate.
- Bridge between IT and the business in delivering solutions and re-engineering business processes.
- Mentored junior associates, fostering professional development and enhancing team performance metrics.
- Streamlined reporting processes through automation, resulting in timely and accurate financial disclosures.
- Established a high-performance culture within the team by setting clear expectations and providing regular feedback on individual performance contributions.
Ops Lead
Societie Generali G S C
10.2014 - 09.2021
- Key Result Areas:
- Administering the funding activity by chasing client before the funding deadline for particular CCYs and providing clear funding projection to Treasury team
- Ensuring the FX deals are matched & confirmed within SLA; managing the team on confirmation and settlement issues
- Assisting local and onshore management on the Gap and Volume Analysis, Monthly KRI Review and RCSA
- Interacting with sales for trade notification as well as portfolio administration related functions; resolving trade discrepancies with banks/brokers including trade and position query management & resolution
- Performing month end attestation reporting for pending risk such as fails, trade error and aged reconciliation items
- Implementing processes to maximize efficiency of operations, and improve control and infrastructure.
Analyst
Eclerx Services Ltd.
04.2013 - 10.2014
- Highlights:
- Engaged in performing OTC Derivatives & settlements, Money Market Operations, Interbank confirmations & Settlements
- Facilitated the affirming/confirming and settlements of trade using various systems like FOXPS, CLS, SWIFT applications and matching platforms
- Liaised with in-house &market counterparts for booking of Vanilla FX, NDF & Money Market Trades depending upon discrepancies
- Investigated post settlement breaks &shared findings and resolutions to Credit-Suisse control and investigation teams.
Sales Manager
Katok Mahindra Old Mutual Life Insurance Co. Ltd.
06.2012 - 01.2013
- (Facilitated Financial Planning, Investment Solutions & Portfolio Management for the customer with support channel of the company)
Relationship Officer
HDIC Sales Pvt. Ltd.
04.2011 - 05.2012
- Reviewed client's financial data and investment goals or risk profile, and recommended fiscal planning strategies and investment ideas.
Education
Post Graduate Diploma in Management - Finance & Marketing
AICTE, SIMMC
Pune01-2011
Bachelor of Commerce - Advance Accountancy & Finance
Saurashtra University
Gujarat01-2008
Skills
Portfolio management
Investment strategy development
Risk assessment
Trade management
Derivative trade management
Trade reconciliation management
Trade verification
FX booking
Client onboarding
Operational effectiveness
Automation processes
Stakeholder relations
Credit analysis
Accomplishments
- Received recognition as Achiever of Hall of Fame for the continuous and consistent performance
- Recognized as Analyst of the Quarter and conferred with Spot Reward from the client
- Received Rewards &Recognition for proactive approach to avoid issues
- HSBC Risk Champion Award Q4-2021
- HSBC Star performer Award Q1- 2024
Key Impact Areas
- Trade Support, Reconciliations
- FX Treasury Operations, FXMM, settlements & Money Market
- Risk Management, Derivatives
- Business Analysis, UAT Testing
- OTC Derivatives, Forex, NDF Fixing
- Strategy Planning & Execution
- Trade Capture, Query Management
- Capital Market Operations
Timeline
Assistant Vice President
HSBC Bank
09.2021 - Current
Ops Lead
Societie Generali G S C
10.2014 - 09.2021
Analyst
Eclerx Services Ltd.
04.2013 - 10.2014
Sales Manager
Katok Mahindra Old Mutual Life Insurance Co. Ltd.
06.2012 - 01.2013
Relationship Officer
HDIC Sales Pvt. Ltd.
04.2011 - 05.2012
Bachelor of Commerce - Advance Accountancy & Finance
Saurashtra University
Post Graduate Diploma in Management - Finance & Marketing
AICTE, SIMMC