Sameer Yadav
Charlotte
Summary
Dynamic financial and operations specialist with over 18 years of experience in portfolio management, reconciliations, trade settlements, corporate actions, and cash management across diverse financial products, including Repo, Bonds, and Equities. Proven expertise in migrating and optimizing back-office processes while delivering sustainable solutions and exceptional operational support. Strong collaboration skills with internal and external stakeholders, including clients, partners, custodians, and technology vendors, ensure adherence to service level agreements and impeccable service delivery. As a business analyst, led a critical reconciliation automation project for a multinational bank, demonstrating leadership in drafting business requirements documents and coordinating with cross-functional teams to achieve key project milestones.
Overview
21
21
years of professional experience
Work History
Operations Specialist | Private Bank Platform Servicing
BMO
11.2022 - Current
- Provides advice and guidance to Private Banking group on implementation of solutions.
- Develops solutions and makes recommendations based on an understanding of the business strategy and stakeholder needs.
- Conducts independent analysis and assessment to resolve strategic issues.
- Manages databases and provides support for analysis, forecasting and/or data visualization, ensuring adherence with data governance standards.
- Perform month/Quarter and Year end distribution of funds, Portfolio rebalancing, Reconciliation of cash, holdings recording any Return of capital or capital Gain in Global plus.
- System maintenance and testing monthly and quarterly, Participating and coordinating disaster recovery for private baking team, cataloging new AFQ’s in Global plus.
- Event management in FIS Global Plus system, setting up access for new user, amending access level for users etc.
- Responsible for UAT testing and signing off on feature/product deployment.
- Coordinating with vendor for any system issues or any operational issues and tracking the same via JIRA ticket.
- Testing and generating reports for CDIC annually or as requested by audit team
Portfolio Administrator
SS&C Technologies
10.2017 - 11.2022
- Responsible for over 700 investment portfolios which include bonds and equities.
- Reconcile Cash and holdings between APX & custodian, using SS&C proprietary recon system.
- Rebalance portfolio as per fund manager which includes trade order creation, amendment, and removal in case of a compliance breach.
- Update trades pricing on trading blotter and trades reconciliation on T+1.
- Process investor subscription and redemption activity in accordance with the fund’s offering documents and anti-money laundering (AML) requirements.
- Generate daily and/or monthly client reports & report pending transactions to the fund manager.
- Provide support with the client onboarding process and address/resolve any ad-hoc requests.
- Key stakeholder in process enhancement projects which includes drafting test cases for new reconciliation set up and parallel testing.
- Responsible for maintaining portfolio performance and generating monthly/quarterly reports.
Associate
Optimus SBR Project: RBC IFRS9 Reporting
07.2017 - 09.2017
- Daily reconciliation of GL’s for multiple RBC entities.
- Testing & reporting of IFRS9 model using TM1.
- Assisting finance team in posting and clearing outstanding GL entries.
- Documenting IFRS9 reporting requirements and liaising with cross-functional business teams for testing and implementation.
Business Analyst
BMO | RBC Capital Markets
01.2016 - 06.2017
- Data gathering and analysis for automation of GMI, Calypso, DTSS, Bloomberg and Imagine reconciliations for Futures process.
- Conduct root cause analysis, develop & implement resolutions while maintaining on-time delivery and appropriate follow up.
- Responsible for drafting BRD, UAT cases and logging CR tickets wherever necessary.
- Facilitating user training and handover of SOP and SLA for “Go Live”.
- Actively participate and contribute in project management meetings.
- Develop recommendations to correct deficiencies and improve the technical processes.
- Involved in the successful migration of manual reconciliation for Global Loans into Intellimatch.
- Carry out intra-system reconciliation between GL account and ACBS.
- Reconciling Agency Nostro for loan products and reporting the discrepancy to the respective team.
Lead Operations Officer
Toronto Dominion Securities
02.2015 - 11.2015
- Support front office trading and sales desks across APAC, EMEA and Americas regions.
- Knowledge of depositories systems such as DTCC, CDS, Euroclear, Fedwire
- Processing coupon claim for Bond, MBS, repo, reverse repo and buy/sell back trades.
- Processing payments using systems such as CDS (Arrow), SWIFT (MT202 & MT103) and DTC.
- Reconciliation of Nostro (cash) & Depot (stock) and Front office – back office breaks using systems such as FIS, RCM and Calypso.
Team Manager - Collateral
Barclays Capital Markets
08.2013 - 11.2014
- Accountable for evaluation and control of Fixed Income cash collateral operation across North America, Europe, Asia and Emerging Markets.
- Coordinating availability of funds with cash management & the Treasury department.
- Processing fixed income cash collateral, interest and money market payments across collateral, repo and Margin desks.
- Led continuous improvement system testing across FISS, RIMS, Intellimatch and TLM.
Team Leader - Asset Servicing
RBS Capital Markets
08.2010 - 06.2013
- Corporate Action and Interim coupon on Medium-Term Notes
- Acting as a paying agent and calculating agent for RBS issue products.
- Notifying clearing agent and depositories with coupon details.
- Receiving Corporate Action notifications from the Front office on RBS products and issuing notice to clearing agent to ensure DACE notifications are circulated in the market.
- Involved in process improvement and re-engineering initiatives with a focus on scaling ops BAU.
- Responsible for managing and training team member and ensuring compliance and control over the corporate action process
Team Leader - Fixed Income & Equity
RBS Capital Markets
03.2006 - 07.2010
- Successfully migrated German settlements process from London HQ to RBS Mumbai.
- Responsible for change approvals, governance, escalations, quality assurance for operational functions and ensuring processing standards meet set SLA’s.
- Serve as a primary liaison between institutional clients and firm to ensure settlement and reconciliation of OTC & exchange trades.
- Manage pre and post-settlement processes such as Trade confirmation, Trade settlement, Trade reconciliation and Risk reporting to senior management for Corporate Trust service.
- SME of Unit Trust trades i.e. Fund trades and Precious metals such as Gold, Silver and Palladium.
- Responsible for Depot realignment i.e. moving position from international depositary Euroclear, Cedel to domestic depositary such as DTC, Crest and Clearstream Frankfurt etc.
- Prepared/reviewed all year-end related schedules, statements, and support BCP.
Investigation Officer - Treasury Services
JPM Chase Custody
12.2004 - 03.2006
- Carry out root cause analysis for trade dropout issue causing multiple breaks and install a solution.
- Accountable for price variance analysis and checking whether the trades are booked at reasonable prices to ensure ZERO deviations from the day’s high/low prices.
- Ensure all corporate actions have been captured and recorded using the proper tax treatment
- Setting up of static data for the trade i.e. set up of assets and broker set up.
- Work on financial analytic tools like Cosmic and Titan to support treasury investigations.
Education
Master of Commerce
Mumbai University
Mumbai, India04-2014
Skills
- Personnel assessment
- Quantitative skills
- Content management expertise
- Experience in leadership
- Operations coordination
- Process planning
- Project management
- Process documentation
- Planning and coordination
- Cost reduction strategies
Timeline
Operations Specialist | Private Bank Platform Servicing
BMO
11.2022 - Current
Portfolio Administrator
SS&C Technologies
10.2017 - 11.2022
Associate
Optimus SBR Project: RBC IFRS9 Reporting
07.2017 - 09.2017
Business Analyst
BMO | RBC Capital Markets
01.2016 - 06.2017
Lead Operations Officer
Toronto Dominion Securities
02.2015 - 11.2015
Team Manager - Collateral
Barclays Capital Markets
08.2013 - 11.2014
Team Leader - Asset Servicing
RBS Capital Markets
08.2010 - 06.2013
Team Leader - Fixed Income & Equity
RBS Capital Markets
03.2006 - 07.2010
Investigation Officer - Treasury Services
JPM Chase Custody
12.2004 - 03.2006
Master of Commerce
Mumbai University