Rohan Daga
908, F Residences, Raheja Complex Rd, Malad, Mumbai
Summary
In my 13 years of experience in Institutional Equities business I have come a long way enhancing my skillset at every stage of my career. I have been known understanding of business, value addition to existing roles and looked upon as a reliable resource for transitioning roles from onshore. Having worked in various roles like Client Management & Listed Derivative operations, I am currently working as a front office support for Asia Financial resource management and trading desk.
Overview
13
13
years of professional experience
6
6
years of post-secondary education
3
3
Languages
Work History
Equity Financing & Resource Management
BNP Paribas
01.2022 - Current
- Supporting the Trading team in APAC with Equity Financing and resource Management within the Prime Financing business
- Monitoring cross currency basis and FX swap ladder to identify opportunities to hedge cash exposure specifically for APAC currencies
- Identify and suggest structured opportunities for balance sheet reduction trades through Equity Repo, Fixed income repo, Collateral upgrade, Equity swaps for secured funding
- Front office contact for operations team for day to day issues
- Monitoring and maintaining Non Cash requirement for Stock Lending and Borrowing Asia and FRM books in Triparty (JPM, BONY)
- Assist desk with internal FX and Fixed income repo trading
- Additional functional responsibility of identifying and hiring for roles in the wider Prime team
- Oversight and back up for Synthetic Prime desk
Financial Resource Management - Prime Brokerage
Deutsche Bank
11.2020 - 12.2021
- Trading equity financing swaps to raise secured funding for GPF
- Established a new role within the team of borrowing and lending HY and IG corporate bonds in inter broker dealer markets and further price these for clients on BBG
- Work closely with other desk within GPF to provide client solutions and pricing
- Trading FX swap to manage GPF cash balances in global pool to minimize liquidity and funding risk
- Monitoring and flashing end of day P&L for the front office desk
- Integral part of transition of business from Deutsche Bank to BNP Paribas
Associate - Listed Derivatives Operations
Deutsche Equities India Pvt Ltd
01.2020 - 10.2020
- Treasury management – Managing daily funds inflow and outflow and time deposits with various banks
- Monitoring and updating intraday position limits and margin for client on trading platform
- Managing the trading platform from risk point of view Regulatory reporting – Client margin and collateral reporting on exchange
- Experience of executing trades on exchange via NEAT terminal
- Keeping a track of latest circulars in derivatives segment and keeping clients informed
Associate - Client Management (Prime Brokerage)
Deutsche Bank
06.2016 - 12.2019
- Building and managing relationship with multiple hedge funds and broker dealers with multi million dollars in varying investment strategies.
- Single point of contact for client and firm, as well as liasion for foreign and domestic equity trading desks, securities lending, foreign exchange, synthetic equities
- Responsible for daily operational aspects by overseeing trade clearing and settlement, equity financing, house margin, corporate actions.
- Short Term assignment in Hong Kong Meeting various onshore teams within GPF and the higher management Meeting client's, discussing issues and getting feedback from client and presenting it to management
Manager - Client Service (Prime Brokerage)
Morgan Stanley
04.2011 - 06.2016
- Manage Broker dealer and Hedge fund institutional client relationship based in London and EMEA region with asset under management of USD 10 mn to USD 800 mn
- Provide client access to stock loan desk and help them borrow stocks
- Coordinating with various teams across globe for issues and ensure quick turnaround
- Monitoring daily change in client balances and monthly revenues
Education
Masters of Management Studies - Finance
Thakur Institute of Management Studies And Research
Mumbai 01.2009 - 04.2011
Bachelors of Management Studies - Finance
L.S. Raheja College of Arts And Commerce
Mumbai 01.2006 - 04.2009
Skills
Financial resource managementSecurities Lending and borrowing
Equity Swaps, FX swaps & Repo
Collateral ManagementBasic Excel VBA and Python codingEquity & Derivative operationsPersonal Information
- Date of Birth: 08/18/88
- Marital Status: Married
Timeline
Equity Financing & Resource Management
BNP Paribas
01.2022 - Current
Financial Resource Management - Prime Brokerage
Deutsche Bank
11.2020 - 12.2021
Associate - Listed Derivatives Operations
Deutsche Equities India Pvt Ltd
01.2020 - 10.2020
Associate - Client Management (Prime Brokerage)
Deutsche Bank
06.2016 - 12.2019
Manager - Client Service (Prime Brokerage)
Morgan Stanley
04.2011 - 06.2016
Masters of Management Studies - Finance
Thakur Institute of Management Studies And Research
01.2009 - 04.2011
Bachelors of Management Studies - Finance
L.S. Raheja College of Arts And Commerce
01.2006 - 04.2009