Summary
Overview
Work History
Education
Skills
Key Highlights
Personal Information
Career Focus
Timeline
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Rahul Solanki

Rahul Solanki

Thane

Summary

Results-driven Manager with extensive experience at SSNC GlobeOp Financial Services, specializing in team leadership and task automation. Expertise in trade reconciliation and client onboarding, enhancing operational performance through effective mentoring and problem-solving. Focused on driving efficiency and achieving measurable results in fast-paced environments.

Overview

12
12
years of professional experience

Work History

Manager

SSNC GlobeOp Financial Services LTD.
Mumbai
04.2022 - Current
  • Managing a team of five Senior Associates, providing career guidance, performance feedback, and supporting them to improve their skill set and grow further.
  • Constantly working on automating tasks to reduce time consumption for the team and focus more on learning new things.
  • Supporting Director and AD in new client migration and working on setting up client in internal systems.
  • Working on reconciliation for listed and OTC products like CDS, swaptions, IRS, EQS, TRS, forwards, FXO, EQO, CFD, equity, bonds, and private securities alongside the team, and assisting in solving daily queries.
  • Responsible for working on client queries, escalations, and handling audit-related queries from third-party auditors.
  • Systems worked on: Geneva, AW, Bloomberg.

Assistant Manager

State Street Services LTD.
Mumbai
11.2015 - 03.2022
  • Review the position reconciliation between custody and accounting positions performed by the JV team on a daily and weekly basis, and deliver the same to the Client Operations.
  • Perform reconciliation between State Street's position and the transfer agent for various products, such as FOFs, swaps, and options, on a daily, weekly, and monthly basis.
  • Hosting an error call between the onshore team, the JV, and the oversight team, and highlighting errors made by the JV to ensure they shouldn't be repeated.
  • Maintaining SOD and EOD exception counts for monthly KPI reports, taking an active part in the management call.
  • Systems worked on: MCH, IMT, MS Access, IntelliMatch, IntelliTracs.

Financial Analyst

EClerx Financial Services Ltd.
Mumbai
06.2013 - 10.2015
  • Managing daily cash, position, and trade reconciliations of exchange-traded derivatives (T+1 basis). Performing reconciliation between the internal system and the broker report.
  • Reconciliation dealing with trades on exchanges: Eurex, Euronext, EDX, LIFFE, LCE, ICE, LTOM, IDEM, MEFF, Inter Co. (LDN vs. US)
  • Liaising with onshore and offshore client workgroups (major investment banks) for executing their support functions in financial services within stringent deadlines.
  • Systems worked on: ISUITE, Ransys, FBOS.NET, EDOC, GMI.

Education

M.M.S - Finance

Rajiv Gandhi College of Management Studies
Mumbai
01.2013

B.Com -

R. J. Thakur College
Thane
01.2011

HSC -

Jnana Sarita Junior College
Mulund
01.2008

SSC -

Mother Marry English School
Thane
01.2006

Skills

  • Team management
  • Client migration
  • Task automation
  • Error resolution
  • Process optimization
  • Operations oversight

Key Highlights

  • Received multiple spot rewards at EClerx and State Street for demonstrating excellence in work
  • Worked alongside the IT team in designing three macros to improve the process, which helped in the reduction of 1.5 FTE (EClerx)
  • Migrated share reconciliation and third-party reconciliation (TPR) to India from onshore counterparts in record time, trained 35+ team members based in Mumbai and Bangalore on the same process.
  • Trained 25 FTEs on the JV team solely, and successfully completed reverse migration without any issues. Also, received appreciation from JV management for ensuring a smooth transition of work between parties (State Street)
  • Successfully migrated the cash, trade, position, and fee reconciliation processes from another department, and also trained team members on the same (GlobeOp)

Personal Information

  • Date of Birth: 05/25/91
  • Gender: Male
  • Marital Status: Married

Career Focus

Over 12 years of progressive and comprehensive experience as an innovative operational professional Demonstrated ability to effectively plan, coordinate and meet deadlines of multiple projects. Worked on various migration projects, and completed those efficiently.

Timeline

Manager

SSNC GlobeOp Financial Services LTD.
04.2022 - Current

Assistant Manager

State Street Services LTD.
11.2015 - 03.2022

Financial Analyst

EClerx Financial Services Ltd.
06.2013 - 10.2015

M.M.S - Finance

Rajiv Gandhi College of Management Studies

B.Com -

R. J. Thakur College

HSC -

Jnana Sarita Junior College

SSC -

Mother Marry English School
Rahul Solanki