Summary
Overview
Work History
Education
Skills
Accomplishments
Languages
Timeline
Generic

Rohit Swamy

Pune

Summary

To leverage academic Knowledge of 7+ year in financial sector including Investment banking and corporate world. High productivity and completing tasks with precision. Possess specialized skills in process optimization, workflow management, and risk mitigation. Excel in communication, teamwork, and problem-solving to enhance operational effectiveness.

Overview

12
12
years of professional experience

Work History

Associate Process Manager

Eclerx services limited
08.2022 - Current
  • I am working with the Morgan Stanley over-the-counter derivatives client service team on cash breaks and trade reconciliation
  • Investigate and escalate high-value funds on priority to the control team
  • Creating a failed report of funds and circulating it to all settlement teams to advise
  • Monitoring fund held in OFAC and reaching out to the AML (Anti Money Laundering) team to get this release
  • Analyzed current processes for areas of improvement and recommended changes accordingly
  • Performed root cause analysis of operational issues to identify underlying problems
  • Provided guidance and support to staff on process implementation activities
  • Conducted training sessions for new staff members on established processes and procedures
  • Coordinated resources across multiple departments to ensure efficient workflow processes
  • Conducted regular meetings with team members to review progress on process improvements
  • Identified potential risks associated with proposed process changes and suggested mitigation methods

Team Leader

State street HCL Services (India) Private Limited
01.2021 - 08.2022
  • Identify opportunities for process improvement and automation within the Middle Office function
  • Work with State street future contract derivatives service team
  • Managing cash flow settlements, Correcting the error trade and reconciling accounts
  • Manage Derivatives trades, including Exchange-Traded Derivatives such as futures, and Over-the Counter (OTC)
  • This includes trade capture, trade allocation, exception clearance, trade confirmation, reconciliation, and risk monitoring
  • Cross check the flow of trade, share high and low price of that day with the help of market make or other tools
  • Validation / confirmation and Reset the trade
  • Cross check with account balance related to any relevant break and cross check the OTE (open trade equity) balance for that trade
  • Collaborate with clients, brokers, and other to ensure smooth trade execution and resolution of trade-related discrepancies
  • Work closely with clients, providing support in managing their Middle Office functions and addressing any inquiries or issues that arise
  • Suggest improvements to processes and taking ownership of service provided to clients
  • Ensure accurate and timely trade capture, validation, and allocation of Derivatives trades
  • Communicate and coordinate with brokers, trading desks, and other stakeholders to resolve trade-related discrepancies and issues
  • Identify opportunities for process improvement and automation within the Middle Office function

Senior Finance Analyst

EClerx Services India Pvt. Ltd
11.2017 - 01.2021
  • I work with Morgan Stanley over the counter
  • Managing cash flow settlements, dealing with an array of queries ranging from trade discrepancies, corporate actions, and position reporting
  • Perform daily reconciliation of incoming cash products by using the Intelli-Match application
  • Reach out to various settlement teams for unapplied funds
  • Applying received unapplied funds from the suspense account to correct booking
  • Providing coverage to the fund according to client account and counterparty details to the respective client
  • Issuing a recall message for the payment made in error to other clients and also providing debit authority to the agent bank via the MT 199/299 Swift message type to kickback the fund where it came from
  • Taking relevant officer-level approval to hold suspense funds that are hitting the firm-wide suspense policy threshold
  • Perform an investigation on the unapplied funds breaks through SWIFT provided by clients and past settlements
  • Monitor the funds held in OFAC and reach out to the AML (anti-money laundering) team to get this release
  • Perform recall, kickback, and internal transfer for funds via SWIFT MT299/199

Senior Accountant

D.D. Nangude & Associates
02.2014 - 09.2017
  • Maintain records of vouchers, invoices, payments, etc
  • Handling day-to-day accounting
  • Preparing invoices and following up for pending payments
  • Handling all banking-related works
  • Communicating with clients and vendors through phone calls or email
  • Making payments through various modes like NEFT, cash, checks, etc
  • And keeping track of them

Sales Executive

ICICI Bank
01.2013 - 01.2014
  • Sale of banking products to clients
  • Prospecting and identifying new leads and pitching to the clients
  • Corporate sales to get premium and HNI clients
  • Strategizing and implementing ways to achieve sales targets
  • Ensure customer satisfaction through regular engagement
  • Resolve customer queries/issues and facilitate customer service
  • Maintain periodic status reports, including daily activity reports and calls/follow-ups made

Education

CIA - Finance and Accounting

ICA
12.2013

Bachelor in Commerce - Commerce

Bharti Vidhyapeeth University
Pune Maharashtra, India
09.2013

Skills

  • Effective Cash Flow Management
  • Data Research Expertise
  • Capital forecasting and reporting
  • Cash flow processes
  • Investment analysis
  • Team Leadership Across Functions
  • Capital Markets Analysis
  • Efficient Trade Processing
  • Reconciliation and trade settlement
  • Future derivative and loans LIQ cash breaks
  • Collateral and corporate action
  • Trade Confirmation Processes
  • Team Development
  • Manage Escalations
  • Monthly Report Briefing

Accomplishments

  • Received the best performer award (Spot Award) for the months April, August, and October 2018.
  • Hall of Fame for years 2020. For providing new ideas for process improvement and minimizing errors.

Languages

English
Advanced (C1)
Hindi
Bilingual or Proficient (C2)
Tamil
Beginner (A1)

Timeline

Associate Process Manager

Eclerx services limited
08.2022 - Current

Team Leader

State street HCL Services (India) Private Limited
01.2021 - 08.2022

Senior Finance Analyst

EClerx Services India Pvt. Ltd
11.2017 - 01.2021

Senior Accountant

D.D. Nangude & Associates
02.2014 - 09.2017

Sales Executive

ICICI Bank
01.2013 - 01.2014

CIA - Finance and Accounting

ICA

Bachelor in Commerce - Commerce

Bharti Vidhyapeeth University

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Rohit Swamy