MONA ACHARYA
Mumbai
Summary
Performance-driven Vice President with 16 years of experience aligning systems with business requirements, policies and regulatory requirements. Passionate about applying excellent organization and communication skills to manage and lead teams. Results-oriented individual well-versed in interfacing and consulting on business processes to drive results based on sound overall business judgment.
Overview
16
16
years of professional experience
Work History
Vice President of India Primary Dealer Operations
GOLDMAN SACHS INDIA CAPITAL MARKETS PVT LTD
05.2019 - Current
- Supporting Trade operations, confirm management, Reconciliations and settlement functions for the entity dealing in Government Securities, funding products like Repo, Call money, Refinance and Interest Rate Swaps
- Ensuring that risk and control measures are understood and implemented thoroughly by the team
- Actively engage with Business to execute revenue generation projects by liaising with various other front to back teams
- Diligently track and adapt to dynamic regulatory landscapes to ensure continuous compliance and strategic alignment
- Participate and contribute as an operations member in various local committees
Senior Associate
GOLDMAN SACHS INDIA SECURITIES
04.2015 - 04.2019
- Monitoring the margins, risk limits and performing settlement for the clearing clients
- Diligently tracking the new regulations impacting the trading, operations and the reporting for the entity. Using the leverage of relationship with NSE management to understand the spirit of the Regulations
- Proactively interacting with new and existing clients on explaining them the intricacies of the Indian market and how it compares to the global market
- Engaging with clients by decoding the various regulatory reports sent from the entity to efficiently manage risk and positions from their end
- Playing the role of the risk manager of the team by understanding the risk in various activities and working on projects with precision and internal engineering teams to minimize them
- Advising traders on the impact on the client ad proprietary positions post the corporate action.
- Trained and supported new team members, maintaining culture of collaboration.
- Served as liaison, facilitating communication between management and associates.
Executive Officer
NATIONAL STOCK EXCHANGE OF INDIA LIMITED
05.2012 - 02.2015
- Working as a key account manager in Financial Institutional Group (FIG) maintaining the relationship with Global brokerage Houses trading on the Exchange platform
- Understanding the Byelaws, regulations and the impact of the changes in Regulations on the trading and operational activities of the Brokers.
- Liaising with various internal departments of the exchange to resolve issues faced by the Brokers
- Educating and cross-selling the new products launched by The Exchange to reduce the dependency on the established products
- Interacting with FPI entities and various Global exchanges on behalf of NSE to explain nuances of trading India Equities and Listed Derivatives
- Working closely with the product development team in introducing products with desired specifications which are required by the market participants
Executive Officer
NATIONAL STOCK EXCHANGE OF INDIA LIMITED
12.2008 - 04.2012
- Working as a relationship manager in CRM department and handling 40 brokers trading in the Exchange
- Built and maintained strong client relationships through regular communication and education about newer products of the Exchange
- Liaising with internal teams to resolve issues of the allotted brokers
- Presented as a speaker in the NSE and SEBI sessions on Investor Awareness
- Training the brokers on NCFM and other mandatory examinations for trading in the Capital market, Derivative Market and Currency Derivatives Segments of the exchange
Executive Officer
CITIBANK N.A. (COMMERCIAL BANKING GROUP)
05.2007 - 10.2008
- Liaising with various internal departments to resolve queries for Small & Medium Enterprise Corporate
- Assisting the credit risk team in preparation of the pre-approval credit reports
- Assisting the acquisition team with client pitch documents
Education
MBA - Finance
Institute of Management, Nirma University
Ahmedabad01.2011
Diploma - Banking
Ahmedabad Management Association
01.2008
Diploma - Marketing
Ahmedabad Management Association
01.2007
B.Com. -
Gujarat University
01.2006
Swift India Plus i.e. MS-Office Course -
NIIT
01.2003
Skills
- Proficiency in using MS excel, MS word & Powerpoint
- Sound knowledge on compliance and regulatory experience
- Strong operational risk management practices and control mindset
- Effective decision making and leadership skills
- Solid organizational and interpersonal skills to manage various stakeholders
- Working in cross divisional projects for New Business developments
- Capability to improve the manual job by using macros and Alteryx canvases plus operating as a BI nominee of the team to help prioritize work with BI experts from the region
Accomplishments
- Contributing as a senior leader from Mumbai operations on 3 RNAC's for new Business implementation including India PD FX implementation, OTC Interest Rate swap project implementation & New team trading structured debt through NBFC entity
- Driven smaller projects by working with various stakeholders to start the Bilateral Repo, When Issued & Call money trading in the entity
- Created multiple Alteryx canvases to provide data to Business for decision making
- Collaborated with precision as a vendor and successfully implemented a client portfolio project on the Listed Derivative front which is still used as a niche in the Business to market the Clearing services to FPI
- Contributed as India Operation person on FIX implementation for key client to improve client experience in matching and allocation in Equities
Career Highlights
Team Manager of India Primary Dealer operations with senior manager experience in both Indian Equity & Derivative operations
Projects
- Working on key India project of offering forex to the Foreign Portfolio Clients. Engaging with stakeholders to enrich the trade flow in order to support the India regulations. Testing and learning the processes to support the Business by performing the functions like Trade Middle Office, Confirms, Settlement and Regulatory Operations for the Business. Preparation of key risks, checklist items, risk and control mappings, procedures, etc for the team with the addition of new product supported.
- Single-handedly worked on testing for a client portfolio implementation project in precision for facilitating client request
- Co-ordinated globally with various touchpoints to prioritise a project on enriching SSI in FIX channel for an important client. Project got prioritised and it’s expected to go-live in the next month
- Worked as a team coordinator for executing projects of improving efficiency by discarding the macros and automating the same in precision
- Was nominated for a global training in Hong Kong on primary technology aspects to improve efficiency in the team. Undertook certification courses on SQL Core, Tableau, Data Warehousing & Data Visualisation
- Was nominated in 2018 as a high performer associate for the program on Women‘s Career Strategy Initiative in Hong Kong
Timeline
Vice President of India Primary Dealer Operations
GOLDMAN SACHS INDIA CAPITAL MARKETS PVT LTD
05.2019 - Current
Senior Associate
GOLDMAN SACHS INDIA SECURITIES
04.2015 - 04.2019
Executive Officer
NATIONAL STOCK EXCHANGE OF INDIA LIMITED
05.2012 - 02.2015
Executive Officer
NATIONAL STOCK EXCHANGE OF INDIA LIMITED
12.2008 - 04.2012
Executive Officer
CITIBANK N.A. (COMMERCIAL BANKING GROUP)
05.2007 - 10.2008
MBA - Finance
Institute of Management, Nirma University
Diploma - Banking
Ahmedabad Management Association
Diploma - Marketing
Ahmedabad Management Association
B.Com. -
Gujarat University
Swift India Plus i.e. MS-Office Course -
NIIT
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