Mudassir khan
Hosakote
Summary
Experienced Process Lead with a demonstrated history of managing settlements and reconciliations across multiple international markets, Proven expertise in risk mitigation, performance monitoring, and root cause analysis. Adept at managing inventory and ensuring timely responses to avoid escalations and fines. Skilled in pre-matching, pairing of repo trades, and exceptional queue management. Strong communicator with a track record of effective collaboration with internal teams and clients to resolve issues promptly. Career goal includes leveraging extensive experience to drive operational excellence in financial services.
Overview
8
8
years of professional experience
Work History
Process Lead
Broadridge Financial Solutions Private Ltd
05.2022 - Current
- Reconciliation between brokers trades and shapes
- To avoid settlement issue on settlement date
- Comparison between Quantity and net amount on different market – Australia, New Zealand, Japan, Singapore, Hong Kong and Direct markets
- Accountable to Pair-off repo trades between various counterparties
- Instructions of Wire through STP
- Instructions of SPO charges Debit/Credit
- DTC settlements and clearing
- Accountable to cancel all dupe instructions in market
- Communicating with Middle office to cancel dupe trades
- Communicating with FED Settlements team to amend all FED cusip from FI account to respective FED account
- Accountable to clear breaks on Depot and Nostro
- Interacting with Internal team and client to clear breaks
- Responsible to clear breaks within given period of time and escalate if breaks not resolving
Business Process Lead
Tata Consultancy Services Ltd.(TCSL)
08.2021 - 05.2022
- Ensuring to settle the borrow on time so the positions may be used to cover buy in risk
- Day today contact with trader on T0 bookings and settlement
- Reaching out CP to resolve booking and settlement issues
- Working on inventory as day today activity
- Booking returns
- Following up escalation matrix on critical issues to resolve on timely manners
- If the security matured, following up with corporate action team to close the contract and ensuring actions are taken
- If any record date on security, following up Pro-Actively to settle on time
- Calling up Euroclear agent to lift the MTA (Minimum tradeable amount) so stock can move and deliveries are settled
- Working with internal team to book the convey for the movement of shares from different markets
- Keeping informed traders on critical issues through IM or emails
Process Analyst
Broadridge Financial Solutions Private Ltd
01.2017 - 06.2021
- Company Overview: International Securities Settlement and Clearing Service
- Accountable to managing cash equity and prime brokerage service in Australia, New Zealand, Japan, Singapore & Hong Kong
- Performing Pre-matching and fails management across all Asian markets (Australia, New Zealand, Japan, Singapore, Hong Kong, Thailand, Korea, Indonesia & Malaysia)
- Accountable for Euroclear Pre-matching & fails management
- To avoid fail cost or Buy-in risk by pro-actively working on the cover to settle the trade before the Buy-in dead line
- Pro-actively working to avoid fail on the short position, high value delivery more that 5million and record date stock
- Following proper escalation metrics and informing the internal stakeholders about the issue on time
- Making wire payments (MT202) to Counterparties due to net off or pair off trade
- Instruct cross border settlement by fixing the static details through manual with agent
- Initiate Swift- (MT599) through proper channels in order to prioritize the trade to give authorization to agent
- Actively working on partial settlement for high value trade to reduce the risk
- Continuously monitor on each market Overdraft balance to take necessary action
- Clearing daily stock and cash breaks to avoid stock hug/Client money issue
- Daily narrative performs on each trade to provide information to management
- EOD balancing report performs to avoid any break
- Responsible to prepare Pre-matching report across all Asian markets (For 1.5 years) & Euroclear market in order to provide the facts to the management
- Attending risk pack calls to notify the management about the current status of the risk items
- Responsible for Training new joiners and assisting team in order to complete task
- Worked over few days on Domestic bonds settlement, crest settlement & Depot re-alignment
- To mitigate & avoid any failures of trades – Depot re-alignment were analysed & initiated if required
- I was part of weekly calls which held at managerial level & was responsible to clear all the doubts on trades (before call begins report was sent to client)
- Helping colleague on activity & any process related issue
- International Securities Settlement and Clearing Service
- Part of Fixed income & received Positive feedback from onshore team
- Assist automation team to create macro and implemented in process to reduce time taken to perform pre-matching activity
- Maintained good business relations with Custodian & with on shore team
Education
MBA - Finance
Visvesvaraya Technology University
01.2016
BBM - finance
Bangalore university
01.2014
Skills
- Effective communication abilities
- Regulatory Compliance
- Professionalism
- Microsoft Excel
- Written and verbal communication
- Time management
- Risk Mitigation
- Delivering service on time
- Settlements across Market
- Inventory management
- Depot Nostro and Intersystem reconcillation
Hobbies and Interests
- Travelling
- Swimming
Disclaimer
I hereby declare that the above information is true to the best of my knowledge.
Languages
- English
- Hindi
- Urdu
- Kannada
Personal Information
- Passport Number: R7122626
- Passport Date Of Issue: 12/15/17
- Passport Expiry Date: 12/14/27
- Father's Name: Mr. Shohaib Khan B R
- Date of Birth: 05/02/93
- Nationality: Indian
- Marital Status: Single
Timeline
Process Lead
Broadridge Financial Solutions Private Ltd
05.2022 - Current
Business Process Lead
Tata Consultancy Services Ltd.(TCSL)
08.2021 - 05.2022
Process Analyst
Broadridge Financial Solutions Private Ltd
01.2017 - 06.2021
MBA - Finance
Visvesvaraya Technology University
BBM - finance
Bangalore university
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