Parth Seth
Gandhinagar
Summary
Results-driven finance professional with extensive experience in execution trading and risk management. Proficient in manual executions, program trading, and strategic parameter configuration across diverse markets. Skilled in navigating complex trading scenarios, handling trading outages, and ensuring business continuity.
Overview
6
6
years of professional experience
3
3
Certifications
4
4
Languages
Work History
Execution Trader
Tower Research Capital India
2022.04 - Current
- Managed manual executions and risk monitoring for proprietary program trading across various markets, including NSE, BSE, MCX, and DGCX.
- Proficient in handling situations such as expiry, end-of-day (EOD) checks, margin calls, and reconciliation breaks due to corporate actions while effectively navigating through trading outages
- Performed SOD/EOD reconciliations check for India Trading including Trades and Positions and working with Trade Support Team/Back Office Team to resolve the same
- Responsible for initiating and terminating trading strategies based on predefined parameters, market movements, and conditions such as hitting profit and loss targets (PNL).
- Proficient in setting up and adjusting various parameters for trading strategies to adapt to market conditions and optimize performance.
- Engaged in exchange-facing activities, including dealer ID creation, trading session requests, and disabling dealers
- Led successful setup and installation of a new trading platform for MCX, enhancing trading processes.
- Stayed updated on market changes and regulatory requirements by tracking exchange circulars.
- Conducted pre-checks before the start of trading to ensure readiness and updated BCP tools for effective business continuity planning.
Assistant Manager
National Securities Depository Limited
2022.01 - 2022.03
- Part of the Product Development team for the UDR initiative of the NSE trading in NSE IFSC GIFT City
- Responsible for onboarding new Depository Participants following proper regulatory due diligence
- Corporate Actions Adjustments wrt to positions/price.
Senior Executive(Custodian Operations)
Stock Holding Corporation of India Ltd
2020.02 - 2021.12
- Conducting diverse financial activities, including client onboarding, account setup, transaction management, and enhanced due diligence, with a focus on UBO scrutiny
- Conducting periodic KYC and compliance checks in accordance with regulatory guidelines.
Assistant Manager
Kotak Mahindra Bank
2018.02 - 2019.10
- Onboarding new customers, conducting KYC procedures, handling AML (Anti-Money Laundering) reporting, and processing client accounts are integral parts of my role
- Actively participated in various other operational activities including fund transfers, service requests, crossings, audits, and other operational-level tasks.
Education
Masters in Business Administration(MBA) -
GLA University, Mathura
Bachelor of Commerce - undefined
Dr BR Ambedkar University, Agra
Higher Secondary - undefined
CBSE
SSC - undefined
CBSE
Skills
Risk Based Inspection
Derivatives
Team player
Time Management
Microsoft Office
Corporate Actions
Manual Executions
Risk Management
Colocation
Bloomberg
Portfolio management
NEAT BOW Hedging
Versatility
Strategy Management
Certification
NISM Series Certifications including Depository Operations, Mutual Fund Distributors, Securities Operations and Risk Management Certification Examination, Equity Derivatives, Currency Derivatives and Commodity Derivatives.
Accomplishments
- Achievements/Tasks
Timeline
Execution Trader
Tower Research Capital India
2022.04 - Current
Assistant Manager
National Securities Depository Limited
2022.01 - 2022.03
Senior Executive(Custodian Operations)
Stock Holding Corporation of India Ltd
2020.02 - 2021.12
Assistant Manager
Kotak Mahindra Bank
2018.02 - 2019.10
Masters in Business Administration(MBA) -
GLA University, Mathura
Bachelor of Commerce - undefined
Dr BR Ambedkar University, Agra
Higher Secondary - undefined
CBSE
SSC - undefined
CBSE