Sandeep Lad
Assistant manager Banking & Financial Services. Profession in Trade surveillance, Regulatory compliance and risk management
Bangalore
Summary
Highly analytical and detail-oriented professional with extensive experience in trade surveillance and a strong understanding of regulatory compliance and risk management. Expertise in identifying and preventing market abuse while ensuring strict adherence to industry standards and safeguarding organizational integrity. Committed to leveraging skills in a challenging role that fosters growth and contributes to overall organizational success. Passionate about enhancing operational efficiency through strategic insights and proactive risk mitigation.
Overview
10
10
years of professional experience
9
9
years of post-secondary education
3
3
Languages
Work History
Assistant Manager
HSBC
06.2021 - Current
- Validated daily trade exceptions and alerts generated by surveillance systems; investigated potential market abuse, including insider trading, front-running, and price manipulation.
- Performed end-to-end review of alerts, provided rationale for closure, and escalated true positive cases in line with regulatory requirements.
- Maintained and updated SOPs in collaboration with client teams to ensure accuracy, clarity, and compliance with evolving guidelines.
- Understand the regulatory framework of the exchange and markets we own.
- Get the bottom of trading activity that deem potentially suspicious
- Contribute to the team discussion, investigation and knowledge sharing.
- Review, investigate and escalate alerts generated by the Global Market Surveillance system
- Ensures the alerts closed that all quality related parameters are met
- Perform daily monitoring tests that ensure that the risks within the monitoring plan are mitigated
- Identified process gaps in trade surveillance workflows and proposed enhancements for improved efficiency and accuracy.
- Analyzes exception-based monitoring for potential insider trading, market manipulation, front running, Wash alerts, price manipulation, trading ahead of market event/ announcements.
- Perform reviews in a timely manner, investigate and escalate issues as necessary to management.
- Responded to queries from junior analysts and supported their on boarding by sharing best practices and domain expertise.
- Demonstrated ownership of key surveillance activities and ensured timely delivery of work items across multiple surveillance modules.
- Working on rule set like, trading ahead of research publications, trading ahead of market event- Equity, Market price manipulation, trading ahead of market event- FI wash, TAMM and so on.
- Worked on application such as Actimize, Bloomberg, Fidessa, Dart repot.
- Achivement -Successfully led User Acceptance Testing (UAT) for an in-house surveillance application by reconciling trade data between the existing production platform and the newly onboarded system. Identified mismatches, documented test results, and collaborated with IT and business teams to ensure smooth transition and data integrity across platforms.
Senior Operation Analyst
Citco Services LLP India
03.2021 - 06.2021
- Implemented a proactive approach to break resolution by designing and implementing a comprehensive training program for staff, resulting in a 30% decrease in breakages.
- Collaborated with cross-functional teams to develop and implement an efficient break resolution process, resulting in a 25% reduction in downtime and increased productivity.
- Utilized data analysis tools and techniques to identify root causes of breaks and develop preventative measures, resulting in a 15% decrease in recurring breakages.
Specialist
State Street Services
02.2018 - 03.2021
- Performing reconciliation for OTC products.
- Day-to-day brakes using Trireslove system.
- Providing support functions globally for client facing teams of the Future and option, and OTC clearing.
- Supporting clearing activates for top day and T+1
- Monitoring of complete execution of trades and confirm feed to downstream systems
- Payments related to Margin, fees and commission at entity and currency level
- Handling of all escalations and queries through email
- Regular break checks on behalf of regulatory reporting
- Adhering to risk and regulatory guidelines always
- Handled proper analysis of exception to identify and resolve break and made sure timely delivery of report to client, meeting deadline and SLA
- Updating KPI on shore reporting purposes
- Worked on SQL.
Senior process Executive
Bank of New York Mellon
04.2015 - 09.2017
- Preparing cash avail & Cash Recon reports for ETF’s and Mutual Funds with current and future day cash projections on daily basis as per their specifications
- Reconciliation of Cash, Foreign Currency, Equity, Mutual Funds Derivatives and Corporate actions. Manage multiple clients and Analyzing and researching on transactions using various tools like Investment Accounting Systems - Bloomberg, Eagle
- Workbench Reports and providing appropriate Comment to help client to resolve the breaks.
- Working on end to end reconciliation for ETF’s
- Resolving queries related to dividends, interest & other corporate action on day to day basis.
- Ageing analysis for Cash, Foreign Currency, Asset reconciliation and resolving aged breaks by sending the mails either to Nav ops or to the custody depends on the posting missing.
- Resolving any difference between prior day’s projections and custody’s Settlement.
- Working on TLM , Lombardi for Cash ,Foreign Currency, Asset reconciliation
- Giving the trainings to the new joiners about the system navigation , work bench reports and giving knowledge about drafting and mailing
- Flexible as per the requirement of the process.
- Strong analytical, prioritization, organizational, multi-tasking and negotiation skills
Education
MBA - Finance
Visvesvaraya Technological University
Belgaum, India 04.2012 - 01.2015
Bachelor of Business Administration - Finance
Gomatesh Vidhapeeths Belgaum
Belgaum, India 01.2008 - 01.2011
Job Oriented Pre university Diploma - Finance
Govindram Seksaria Science Collage
Belgaum, India 01.2004 - 01.2007
Skills
- Proficient in MCH, TLM, Lombard, Tri-Optima, Actimize, Bloomberg, Fidessa, and Dart applications
- Experienced with Windows operating systems
- Develop Macros
- Analytical- problem solving
- Multi tasking
- Time management
Awards
Awards: “Certification of Recognition” – Process champion, Awards: “Certification of Recognition” - For an excellent performer and has helped the team to focus on client’s deliverables
Disclaimer
I do here by declare that the particulars of information and facts stated here in above are true, correct and complete to the best of my knowledge and belief. Signature (Sandeep Lad)
Professional Profile
9.0 years of experience in Finance, Investment Banking Operation having core competencies in managing the Hedge Funds, Capital Market, ETF’s and Mutual Funds Operations, OTC Markets, Reconciliations in Cash and Position, Equity, FX , Corporate actions, Regulatory Compliance, Surveillance & Investigations on Market abuse, financial markets, compliance & its regulations.
Timeline
Assistant Manager
HSBC
06.2021 - Current
Senior Operation Analyst
Citco Services LLP India
03.2021 - 06.2021
Specialist
State Street Services
02.2018 - 03.2021
Senior process Executive
Bank of New York Mellon
04.2015 - 09.2017
MBA - Finance
Visvesvaraya Technological University
04.2012 - 01.2015
Bachelor of Business Administration - Finance
Gomatesh Vidhapeeths Belgaum
01.2008 - 01.2011
Job Oriented Pre university Diploma - Finance
Govindram Seksaria Science Collage
01.2004 - 01.2007
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