Pramod Kumar Veeraboina

Finance - Product Control (Jan 2022 - Present)

• Leading a team of 22 headstrong Product Controllers responsible for daily validation of APAC G10 Currencies & Local Currency Trading desk P&L, Explaining, Substantiation & Sign-off for Accounting (Balance Sheet & P&L), Risk (Var Backtesting) & Regulatory reporting.
• Championed talent development programs, promoting employee engagement and retention while enhancing overall workforce capabilities.
• Spearheaded functional restructuring initiatives, streamlining operations and reducing overhead costs.
• Built strong relationships with key stakeholders through consistent engagement, collaboration, and transparent communication practices.

Structure Product Review & Cancel and Amend (Feb 2020 - Dec 2021)

• Led multiple control teams with a total 80+ head count responsible for Equity & FICC Structure Product validation, monitoring of trade cancel, and amendments during the life cycle.
• Established a culture of techno-functional expertise that helped deploy advanced technology solutions, 5 User Interface (UI Path) bots, to simplify tasks and mitigate risk
• Collaborated with different stakeholders (Traders, Sales, Structuring), and senior management to develop strategic initiatives and long-term goals.
• Developed and deployed a skill database for fostering talent development across Global Market operation functions through various skill development programs designed based on employees' future aspirations

Assistant Vice President (July 2017 - Jan 2020)

Senior Manager (April 2015 - June - 2017)

• Established performance goals for the department and provided methods for reaching milestones.
• Executed multiple process enhancement projects & streamlining initiatives generating efficiencies (Saving approx. 24% HC) and risk mitigation. Key Works - (1) Refactoring Workflow Tool (WFT), (2) Semi-Automation of Deal Review (3) FICC team Integration & MIS
• Built high-performance 22 HC Equity Termsheet Review team for T0 control function through effective recruitment practices focused on competency alignment and dynamic performance management model.
• Developed and implemented various training programs targeting both new joiners and existing associates that helped reduce the onboarding cycle to 4 months from 18-24 months, improving validation accuracy rates across both review teams.
• Established a culture of continuous improvement, fostering innovation and driving the adoption of automation tools like Alteryx, Canvas, UI path, and Tableau.

Vice President (Jan 2014 - April 2015)

Associate (Jan 2016 - Dec 2013)

Specialist (April 2015 - Dec 2015)

• In the Leadership & People Development role translated business targets to individual goals, executed & realized prospects for the development
• Transformed new markets, clients & product opportunities into operational tasks, implemented changes & successfully stabilized the process
• Assisted Quants team responsible for building new booking models by designing & testing trade booking scenarios for new products and markets
• Worked with Drafting, Structuring, Technology & Front office to increase the straight-through process (STP) rate of OTC confirmations and Pricing Supplements
• Developed strong acumen of OTC & Structure Notes products executed by exotic desk with an intuitive understanding of pricing/valuation
• Gained deep expertise in various booking models including complex path-based Monte Carlo Simulation calculators used for pricing complex structures, including all model-accommodated permutations & combinations
• Legal Agreement capability - thorough knowledge of trade documentation across products, markets & clients. Like various ISDA documents, Master Confirmation Agreements, Credit Support Annex
• Strong capabilities to decipher complex booking & documented structures into the life cycle events, pay off & pricing components for trade validation & necessary booking & document corrections
• Challenged traders, internal documentation, legal & structuring teams on booking models, parameters, and legal provisions and coordinated necessary corrections
• Acted as steward to “Booking Booking Policy Violations” to identify, escalate & track enhancements/closure of infringements

• Trade Validation - Review of Equity derivatives deal parameters in a system of records against Legal agreements
• Developed a strong understanding of various Corporate Actions & Life Cycle events impacting equity derivatives to independently cross-validate the adjustment ratios, coordinated with Trading desks for the required changes, and processed the events in the risk management system
• Collaborated with cross-functional teams to identify areas of improvement, leading to increased operational effectiveness.