Rahul Tanver

Change Management (October 2021 - September 2022)

Key responsibilities:

• Work with Business to gather/review the requirements

• Responsible for Business Requirement Document (BRD) preparation

• Test execution and publishing of test results

• Issue Resolution and Impact Analysis

• Manage Scrum and Production releases

• Preparing Knowledge transfer documents for the team

• Onshore-offshore Co-ordination

• Perform Regression testing

FXO Confirmations (August 2018 - October 2021)

Key responsibilities:

• Ensure timely and accurate Drafting of new trades for FXO asset class for Fed & Non-Fed Clients including all product class (Vanilla and Exotic).
• Trade Reconciliation of the Front to back office (FOBO) trades and resolving the breaks by daily interaction with Front Office, Sales, Middle Office, Technology.
• Manage all queries received from various internal and external parties.
• Provide daily and ad hoc reports to senior management.
• Chase and follow up on all outstanding confirmations and escalate and resolve any lengthy delays in their execution by engaging Front Office (Sales & Trading).
• Maintain accuracy and consistency around Term sheets, Bookings and Confirmations.
• Review, understanding and processing of Derivative trade legal confirmation documents.
• Responsible for affirmation and chasing of Counterparties for their confirmations.
• Responsible for Trade reporting related queries such as MIFID and UTI/USI arising from internal sources.
• Work with Front Office to book novation deals and chase counterparties to sign the Novation Agreement/Novation Confirmation.
• Performing UAT for new products and system enhancements by raising JIRA with IT .
• Worked on the enhancements to make the system Three times scalable, to increase the STP rate and reduce the manual efforts for NDF Trades
• Act as a backup for my manager and perform the activities like ROTA creation, KRI Identifications, quarterly SOP reviews and Updation.

• Direct Interactions with Markitserv clients globally to resolve technical and non- technical related queries.
• Providing end to end solutions to CP and assist Traders to confirm the trade on Markitwire.
• Monitor client queries, investigate and troubleshoot errors and work with internal groups to provide resolution.
• Ensure input of accurate client static data / profile configuration.

• Ensure timely and accurate Drafting of new trades for Rates asset class for Fed Clients including all product class (Vanilla and Exotic).
• Check the booking with Trade Recap before drafting the confirmations.
• Ensure zero error rates through accuracy and controls adherence.
• Continuous process improvement and focus on STP rates.
• Responsible for making Chasing sheet by uploading the trades from Style (Reconciliation tool) and chase Counterparties for their confirmations for T+1 trades.
• Work closely with colleagues across Global Banking & Markets, Legal and Front Office.
• Investigate root cause of issues, discrepancies and strive to prevent its recurrence through various initiatives.
• Responsible for Indexing and verification of trades.
• Responsible for affirmation and chasing of Counterparties for their confirmations.
• Build and maintain key relationships with colleagues across Operations, Legal and Front Office.
• Adhering to stringent operational risk management targets (Key Risk Indicators), working with manager to resolve and raised aged or high value items.
• Cross trained in settlements for financial products like IRS, Cross Currency Swap, Swaption etc.

• Part of Portfolio Reconciliation team for OTC Derivatives transactions.
• Matching and approving 5, 4, 3, 2, 1 star approval for products like FX, Credit Default Swaps and Interest Rate Swaps through third party vendor application Tri-Resolve.
• Working on Unmatched deals and getting the breaks resolved within an internal TAT of 30 days.
• Liaising with Middle office and counterparties for Mark to Market value confirmation and escalating top dispute driving trades to the front office after getting the marks confirmed.
• Handling disputes related to Trade Economics (Entity Mis booking, Trade date and Maturity date mismatch, Novation of trades etc.).
• Download Unmatched, Entity mismatch, Greater than 5 million MTM differences, same direction MTM deal reports from Tri-Resolve in Excel format and circulating the reports within the team for updates and sending it to LOB post the consolidation of comments.
• Responsible for training the new joiners in the team.