Niranjan Kumar
Investment Banking
Bangalore,Karnataka
Summary
Dynamic Financial Services Leader with over 22 years of experience in investment banking and diverse banking domains. Recognized for driving transformation and achieving operational excellence at top-tier institutions including Deutsch Bank, BNY Mellon, Fidelity, JP Morgan, and Standard Chartered. Proven expertise in navigating complex regulatory landscapes while fostering cross-functional collaboration and executing strategic initiatives in high-pressure environments. A track record of enhancing stakeholder value through innovative solutions and a commitment to excellence. Adept at leading teams to exceed performance targets while maintaining a strong focus on compliance and risk management.
Overview
22
22
years of professional experience
Work History
Vice President
DEUTSCHE BANK (Investment Services)
Bangalore
11.2023 - Current
- Leading a team of 80 on Assets Services, Trades Services and transitions area
- Work on the key strategy initiatives in the Global Asset Services & Global Trade Services area
- Part of the Senior Management team with India and Frankfurt and work on the key strategy of the operations process
- Site lead for Bangalore location and part of SLF (Senior Leadership Forums) where site level updates will be discussed
- Part of the Global Elevate team which works on the implementation of AI in the bank
- Part of the Deutsch India Mentor Team and involved in the career development & grooming of the young leaders of the organization
- Leading the Risk & Resiliency in India and work on the key initiatives, key controls and key strategy in strengthening the operations process
- Identified opportunities to improve business process flows and productivity.
- Cultivated strong relationships with key stakeholders, including customers, vendors, regulators, and community leaders to promote collaboration and long-term success.
Assistant Vice President
DEUTSCHE BANK (DWS - ASSET MANAGEMENT)
Pune
01.2018 - 10.2023
- Leading a team of 50 on trade confirmation, trade settlement and trade recon processes
- Connect with relation manager / senior operations contact of the broker in getting the trades confirmed /settlement issues addressed & closed on priority
- Work directly with trading desk and portfolio manager and providing regular updates in case of any high value failing trades or any outstanding overdrafts
- Discuss the performance of broker's matching & settlement rate and other topics in annual broker review meeting and share feedbacks and improvement areas for them
- Work with internal teams and brokers for improving the Straight Through Process (STP) on both matching & settlement rate
- Work on the high value breaks and provide updates to key stakeholders of the organization
- On boarded the CTM Matching tool, lead the RPA (Robotic Process Automation) projects and also worked on the CSDR project and VRM project.
- Work on the key strategy decisions and other key initiatives such as breaks reduction, cost saving and risk mitigation of the process and implementing the same.
- Worked on the entire VRM process and recon build for on boarded the new recon tool
Vice President
BNY Mellon (Global Institutional Accounting)
Chennai
04.2016 - 07.2017
- Managed a Reconciliation team of 34 people for 2400 funds which was migrated in 3 tranches and closely coordinating with Onshore team on the deliverables
- Providing regular key process updates to senior management, various stake holders, onshore teams about outstanding critical breaks related to Premier clients
- Lead the RPA (Robotics Process Automation) project that reduced the manual efforts i.e. by automating the tool packs activity
- Playing a critical role in TLM Migration and key contact for Risk and Audit team
- Successfully completed the 3 transitions of recon process
Team Leader
FIDELITY INVESTMENTS
Chennai
01.2014 - 01.2016
- Managed a team of 21 people for Cash Recon of over 1500 funds
- Participated in the Treasury office calls along with the onshore team and senior management and providing regular updates on the cash breaks with high impact
- Reviewed the cash projections for the critical accounts and sending it to Onshore
- Actively collaborated on the implementation of various system enhancements between the technology group and operations.
Team Leader
JP MORGAN
Bangalore
01.2010 - 01.2014
- Managed a team of 11 people for Stock & Cash Reconciliation breaks
- Key contact in Interacting regularly with Corporate Actions, Settlements and other hubs on a daily basis for breaks resolution
- Worked on the FSA project on the website downloads for adding more controls and centralized the activity completely for all the Recon Operating Units.
- Identified the cost-benefit analysis that resulted in savings of $154,000 annually and saved 400 Hours of manual work for USSO process
Process Supervisor
DEUTSCHE BANK (ASSET MANAGEMENT)
Bangalore
05.2006 - 01.2010
- Supervised a team of around 11 people involved in the trade matching and reporting process and handling the critical issues in the daily activities
- Monitored the complete trade matching process and resolving mismatches if any
- Responsible for high value trades and ensured settlement on time
- Won the Star of the month award for creating the broker mapping table of trade matching process which increased the STP rate.
Senior Officer
SCOPE INTERNATIONAL
Chennai
08.2004 - 05.2006
- Responsible for account setups and market prices updating on a regular basis in NCS (Network Custody and Clearing Services)
- Worked on cash projection for Lehman, Barclays, Goldman Sachs and report to Onshore in a timely manner
- Worked on the swift messages and correct them if its required route them to Onshore
- Won the spot awards for managing high volume and maintaining 100% accuracy
Education
Black belt - Six Sigma
Benchmark Six Sigma
Bangalore10-2017
Functional Architect - Robotics (RPA)
Qualimations
Chennai08-2017
Masters in Business Economics - Business Economics
D.G. Vaishnav College, University of Madras
Chennai 04.2001 -
PGDMM - MARKETING MANAGEMENT
Pondicherry University
Chennai05-2004
BACHELOR OF COMMERCE - Commerce
D.G. Vaishnav College, University of Madras
Chennai06-2002
Skills
Process : Trade Support, Reconciliation, Process improvement ideas, Static Data, Project Management, Functional Architect in Robotics Process Automation (RPA), Black Belt in Six Sigma, Tech & Ops conversations expert Process: Trade Support, Reconciliation, Process improvement ideas, Static Data, Project Management, Functional Architect in Robotics Process Automation (RPA), Black Belt in Six Sigma, Tech & Ops conversations expert
Migration Information
- Migration of Core Reconciliation process from UK, London from Feb – April 2010
- Migration of Core Reporting process from Germany, Frankfurt from Aug – Oct 2008
- Migration of Core Trade Matching process from Germany, Frankfurt from July - Sept 2007
Timeline
Vice President
DEUTSCHE BANK (Investment Services)
11.2023 - Current
Assistant Vice President
DEUTSCHE BANK (DWS - ASSET MANAGEMENT)
01.2018 - 10.2023
Vice President
BNY Mellon (Global Institutional Accounting)
04.2016 - 07.2017
Team Leader
FIDELITY INVESTMENTS
01.2014 - 01.2016
Team Leader
JP MORGAN
01.2010 - 01.2014
Process Supervisor
DEUTSCHE BANK (ASSET MANAGEMENT)
05.2006 - 01.2010
Senior Officer
SCOPE INTERNATIONAL
08.2004 - 05.2006
Masters in Business Economics - Business Economics
D.G. Vaishnav College, University of Madras
04.2001 -
Black belt - Six Sigma
Benchmark Six Sigma
Functional Architect - Robotics (RPA)
Qualimations
PGDMM - MARKETING MANAGEMENT
Pondicherry University
BACHELOR OF COMMERCE - Commerce
D.G. Vaishnav College, University of Madras