Summary
Overview
Work History
Education
Skills
Certification
Accomplishments
Websites
Languages
Timeline
Generic
SAGAR KUSNOOR

SAGAR KUSNOOR

Bengaluru

Summary

Insightful banking professional with 8+ years of experience in Investment banking industry. Looking forward to a progressive career, where combination of my knowledge and experience will contribute to the organization’s goals and my growth.

Overview

8
8
years of professional experience
1
1
Certification

Work History

Assistant Manager

BNP Paribas India Solutions PVT LTD
Bengaluru
03.2021 - Current
  • Electronic equity trade support - APAC
  • The role includes critical focus on daily trading and risk issues, P&L on trading books, clearing positions on trading books and handling external Broker/Client queries.
  • Acting as the first point of contact for trading desk ,back office team and Clients for all queries related to Trades.
  • Client onboarding - Setting up clients ac, commission rate , soft dollar and referential data setup with proper approvals and documentations for future reference and audit.
  • Being part of APAC market which also includes ID market ac setup like KR TW IN and Stock connect
  • Expert in setting up SPSA, MSPSA,FINI and IRC along with BCAN Generation for smooth and required executions
  • Performs daily weekly and monthly Regulatory reporting like ChiNext Starboard, PAC For Warrant ,Stamp duty
  • Maintain regular awareness of market conditions and new regulations that impact trading/settlement.
  • Reconcilation after every market cut off and make sure of immediate action and escalating the issue.
  • Making sure of checking all the automated execution reports ar sent to client after every market cuf off in required format
  • With the help of SQL have setup report in system to Generate daily and monthly contract to be delivered to client
  • Being in unique part of migration successfully completed this dual migration.
  • Involved in project management have architecture booking system as per the requirement in BAU with UAT testing and with help of IT.
  • Part of daily weekly and Monthly project management calls and have provided document with accurate status of system , client onboarding status
  • Automated all the market reconciliations between FO vs MO VS Broker
  • Conducting and recording the training and SOP's in confluence

Global Executive - Securities and Funds Settlement

HSBC
Bengaluru
10.2018 - 02.2021
  • As a Global Private Banking expert, Provide Settlement Support from trade capture, pre-matching up to post settlements for all assigned products (bonds, equities, structured products, funds, Private Equity and precious metals)
  • Develop & maintain Clearing, Settlement and Reconciliation procedures as needed
  • Responsible for the processing of all fund Subscription and redemption
  • Establish and maintain effective working relationships with employee’s fund transfer agents, internal/external clients, custodians and other counterparties
  • Investigate the fund and cash reconciliation differences and investigating queries on all trades before Settlement - liaising with the business to effectively and efficiently resolve any issues
  • Deal with domestic equity markets like APAC, EMEA and DTC
  • Run system reports and receive depository reports via SWIFT, custodian systems
  • Liaise with client services concerning transfers like Equities, Bonds, Funds, Private equity, DRS, Demat and Remat
  • Train new staff with hands-on daily trade processing, FRANCO, and settlement operations.

Operation Associate -Trade Support

STATE STREET GLOBAL ADVISORS
Bengaluru
03.2017 - 09.2018
  • Worked with offshore teams such as APAC, EMEA & North America to administer the trade process
  • Responsible for administering APAC equity, EMEA & US Equity settlements
  • Managed equity trade confirmations & settlements for middle office and matching trades between SSGA and brokers; liaised with brokers for mismatch of trades before market cut-offs
  • Managed project with regards to tax table on dividends and fixed issue with standardizing the tax for the particular currencies depending on the regions into RKS
  • Participated in reporting & tracking fail trades with brokers & custodians and communicating to appropriate internal teams
  • Formulated & monitored the reconciliation report of the previous day trading activities as part of daily morning activities

Operations Associate - Portfolio Administrations

State Street
Bengaluru
12.2015 - 02.2017
  • Contributed in the improvement and elimination of Risk//exposure associated with the breaks to the broker/counterparty and custody
  • Conducted reconciliation bilaterally using the live system data (books and records of the firm) in a highly efficient and automated process
  • administered matching and reconciliation when the feeds flew form custody
  • investigated and intimated OI issues to the team before starting reconciliation
  • managed portfolio recon which monitored the full populations of the transaction for the breaks - amendments business and trade events notation booking errors and valuations model mismatches over the life of the parties
  • supervised settlement and reconciliation management, thereby reducing the settlement time to avoid aged breaks
  • participated in on boarding the recon for the new fund/platform change funds which enhanced reconciliation and the quality of the work provided to the clients

Education

MBA - Finance

AMC Engineering College, VTU
Bengaluru
06-2014

BBM - Finance

Gulbarga University
Gulbarga
06-2012

Skills

  • Trade Administration
  • Portfolio Administration
  • Asset transfer
  • Corporate Actions
  • Client Relations
  • Client onboarding & Services
  • Change management
  • Settlement & Reconciliation
  • Project management
  • Business Analysis
  • Process Improvements
  • Reporting & Documentation
  • Funds and Bonds Operations
  • Cash Management

Certification

  • OMGEO CTM ,ALERT,FIDESSA CTAC,GBA,FIX,AVALOQ,JASPER, CONFLUENCE,JASPER,JIRA,PUMA,SDM,BUSINESS OBJECT,POWER,NEWPORT,NEBULA,CFR,RAPTOR,JAVA GLOSS, GLOSS PUTTY,MS OFFICE,BASIC SQL and TLM

Accomplishments

Projects completions

  • Successfull participation in onboarding Japan Client trades, shoken and Back to back legs.
  • Successfully completed multiple project for onboarding and decomissionning of middle office system
  • Planning and implementations in PUMA static system.
  • Part of multiple decommissioning of the Legacy application
  • Appreciated for resolving 40K trades which were stuck due to incorrect BBG code feed
  • consistently top perfomer for the Team
  • Awareded Employee of the Team for continously 6 querters
  • Single handedly narrated and documentated process SOP's
  • First choice for year end Audit from external auditor.
  • Highest AOB scorer for two years.
  • Completed Lean practitioner certifications from organisation

Websites

Languages

English, Kannada, Hindi

Timeline

Assistant Manager

BNP Paribas India Solutions PVT LTD
03.2021 - Current

Global Executive - Securities and Funds Settlement

HSBC
10.2018 - 02.2021

Operation Associate -Trade Support

STATE STREET GLOBAL ADVISORS
03.2017 - 09.2018

Operations Associate - Portfolio Administrations

State Street
12.2015 - 02.2017

MBA - Finance

AMC Engineering College, VTU

BBM - Finance

Gulbarga University

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