Summary
Overview
Work History
Education
Skills
Process Knowledge
Financial Instruments
Key Achievements and Impact
Languages
Timeline
Generic
NIRMAL  CHANDRASEKARAN

NIRMAL CHANDRASEKARAN

BENGALURU

Summary

Seasoned professional with 20 years of experience in hedge fund, alternative investments and Investment Bank. Driven to improve business results with proactive communication and problem-solving. Excels under pressure to multitask and manage competing priorities. Effective and motivated leader with a proven track record of monitoring progress to ensure goal attainment. Adept in developing and implementing strategic and measurable steps to achieve desired operational outcomes

Overview

22
22
years of professional experience

Work History

Vice President - Client Services

Enfusion Systems
BENGALURU
03.2020 - Current
  • Implementation and onboarding of new fund launches and conversion clients
  • Part of pre-sales, review DDQ, MSAs, and provide sign-off for implementation
  • Led cross-functional teams for the successful completion of major projects, resulting in increased efficiency and client satisfaction.
  • Collaborated with senior management to develop strategic initiatives and long-term goals.
  • Implementation and migration of hedge funds, asset management, and family offices to the Enfusion platform.
  • Complete ownership of the client from onboarding until go-live.
  • Create end to end workflows based on client requirements, provide solutions to complex client workflows, training client and ensure smooth onboarding

AVP - Client Onboarding - Global Markets

State Street
Hyderabad
09.2017 - 05.2019
  • Client on-boarding, and Financial reporting
  • Implementation of regulatory framework checks – EMIR guidelines, MIFID, Dodd Frank, FINRA, Patriot Act, FATCA. Successfully completed phase 1 of Brexit implementation. New client setup, and working closely with the risk team to have proper limits for trading.
  • Established policies and procedures that improved operational efficiency within the organization.

APGM - Middle Office Operations

Eclerx
Pune
01.2017 - 08.2017
  • Middle office operations and enhance OTC capabilities
  • Strengthened cross-functional relationships
  • Enhanced efficiency in reconciliation and trade capture tasks by automating manual processes and mitigated potential losses with proactive research into pricing variances between internal systems and external sources.
  • Played a key role in the successful completion of several projects aimed at enhancing middle office capabilities

Level 7 - General Manager - Product Control

Accenture
Bengaluru
12.2014 - 10.2016
  • Maximized operational excellence, mentoring personnel on management principles, industry practices, and company procedures.
  • Pricing, reconciliation, Corporate Actions, Reference Data, P&L management for one of the leading European Bank
  • Developed a report using Tableau to publish real time cash and position breaks
  • Built a new KPI matrix and consistently managed the KPIs above 95% and received the best team award globally
  • Have collaborated with CISI for certifications on capital markets
  • Successfully trained 5 individuals for the CISI certification
  • All 5 cleared level 1

Senior Manager

Viteos Capital Markets
Bengaluru
10.2005 - 09.2014
  • Managing a team of professionals covering middle office operations, fund accounting
  • Achieved operational excellence by streamlining processes and implementing best practices.
  • On boarding of new clients and perform end to end migration
  • Create workflows for clients, resolve client queries and ensure smooth implementation and daily BAU
  • Instrumental in developing an in-house confirmations and recon module

Team Leader

HCL Capital Markets
08.2003 - 09.2005
  • Transition of Derivatives Operations processes from Deutsche Bank, London
  • Nostro, Funding and Internal Cash reconciliation
  • Attending all outstanding breaks and resolving daily
  • ISDA Confirmation for OTC products

Education

MBA - Accounting And Finance

Vellore Institute of Technology
Vellore
06-2003

Skills

  • Leadership and Team work
  • Critical Thinking and Problem Solving
  • Stake Holder and People Management
  • Time Management
  • Implementation and Fund conversion
  • Client onboarding and Client services
  • Middle and Back Office operations
  • Fund Accounting
  • Process re-engineering

Process Knowledge

Reference Data Management, Trade Capture, Pricing and Valuation, Reconciliation, P&L Management, Confirmations, Collateral Management, Corporate Actions, NAV calculations, Financial reporting, Fund performance

Financial Instruments

Equities, Fixed income - Bonds, Repos, MBS/ABS listed and OTC derivatives covering Credit default swaps, Interest rate swaps, FX swaps, Cross currency swaps, Volatility swaps, Total return swaps, Equity swaps, Bank loans, FX forwards, NDFs, Forward rate agreements, FX Options

Key Achievements and Impact

  • Enfusion Systems - 3 FTE benefit through automation and process re-engineering. Consistent revenue increase on YOY basis for conversion clients. Pioneered a key program across Enfusion - Cross Functional Training
  • State Street - Instrumental in getting state street raking to number 2 from 13 for on-boarding services for couple of major clients. Featured in State Street newsletter - Hall Of Fame for the achievement.
  • Eclerx - Automation of OTC reconciliation. Achieved 1.5 FTE benefit through lean implementation and re-engineering of pricing and trade capture process
  • Accenture - Received Accenture core value award. Instrumental in driving the breaks management program across the region, which helped in the reduction of cash and position breaks

Languages

Tamil
First Language
English
Proficient (C2)
C2
Hindi
Proficient (C2)
C2

Timeline

Vice President - Client Services

Enfusion Systems
03.2020 - Current

AVP - Client Onboarding - Global Markets

State Street
09.2017 - 05.2019

APGM - Middle Office Operations

Eclerx
01.2017 - 08.2017

Level 7 - General Manager - Product Control

Accenture
12.2014 - 10.2016

Senior Manager

Viteos Capital Markets
10.2005 - 09.2014

Team Leader

HCL Capital Markets
08.2003 - 09.2005

MBA - Accounting And Finance

Vellore Institute of Technology
NIRMAL CHANDRASEKARAN