Santosh Bhat

• I am experienced in trading financial instruments like Options (Index & stocks), Futures (Index & stocks).
• I specialize in trading option spread strategies and delta neutral strategies on the Index to generate consistent returns irrespective of the market conditions, including the market crash caused by Corona virus fears in March 2020.
• I have my own proprietary strategies (using options Greeks) that I have devised on indices like the NIFTY and NIFTY Bank.
• I have an entrepreneurial and industrious mindset.

• Guarantee the quality and the persistence of the software by understanding the BRD and designing test cases to capture bugs within the system.
• Execution of test cases and testing the corrections of bugs and enhancements.
• Work in close collaboration with both our Product Management and Engineering teams to ensure inclusion of enhancements requested by clients in the software and ensure delivery
• Design, development, & execution of manual and automated test solutions.
• Analysis of automated test results and failures.
• Maintenance of existing automated test solutions.
• Documenting test cases and maintain the test library
• Environment management. Creation, upgrade and maintenance of test environments, creation and maintenance of test data.
• Documenting test cases and maintain the test library
• Environment management. Creation, upgrade and maintenance of test environments, creation and maintenance of test data.
• Managed quality assurance program, including on-site evaluations, internal audits and customer surveys.

• Handling a team of 7 People Managing Equity and Fixed Income stock loan settlements for European markets, emerging markets and Settlement for Prime Brokerage clients Handling a reconciliation and payment process for stock loan fee based borrowing.
• Point of escalation for the team.
• Accomplishments: Reduced the aged fails and the overall fails by over 30.
• Organized system infrastructure documentation and operating procedures, strengthening controls and enhancing overall performance.
• Monitored employee tasks, evaluating information processing and performance to gauge business functions and inefficiencies.

Aug 2013-Feb 2014 (Reference data and Static data management)

Functions & Responsibilities:

• Handling a team of 3 people
• Part of the transition team: spearheaded the transition of the process from a vendor to iGate
• Dealing with static data management and reference data management for products like option, futures, equity and fixed income products for the Prime brokerage side of the Bank
• Using Bloomberg terminal as a primary source of data

Accomplishment:

• Transitioning and single point of contact for the process for the client
• Maintained high accuracy levels of 99%+ in maintaining and set up of securities

October 2011- August 2013 (Fund accounting & Reconciliation)

Functions & Responsibilities:

Leading a team of 5 people

Performing Cash reconciliation and position reconciliation and pass journal entries to resolve breaks and following with the brokers for the same.

Performing a 3-way position reconciliation between Fund admin, Fund and the broker statement.

Reconciliation of daily Income and expense accruals.

Accomplishment:

• Have automated the process wherein I was able to save 30 minutes per person in a team of 5 people and increasing process efficiency.
• Have maintained high accuracy levels of 99%+ consistently
• Mentored and guided employees to foster proper completion of assigned duties.
• Built strong relationships with customers through positive attitude and attentive response.

• Functions & Responsibilities: Working on integrated processes of reconciliations for Hedge funds.
• Solving the position breaks within time limit and assist for valuations of the funds on a daily, weekly, bimonthly and monthly basis.
• Being the secondary point of contact of position reconciliation of funds and primary point of contact for valuation of funds (NAV).
• Working on UAT (User Acceptance Testing) platform to check the various conditions before implementing the system upgrades.
• Accomplishment: Have been able to exceed client expectations by delivering funds before time and error free during month ends.
• Received client appreciation for quick TATs for queries.
• Maximized productivity by keeping detailed records of daily progress and identifying and rectifying areas for improvement.
• Educated new hires on company policies and procedures by designing and developing training program.

Sep 2009 - Oct 2010 (Futures & Options Reconciliation)

Functions & Responsibilities:

• Responsible for the accurate and timely allocation of Average Price F&O trades
• Liaising with the appropriate Client Service Representative in order to resolve any unallocated positions.
• Providing weekly commentary on MIS
• Ad hoc requests are dealt with on a timely basis and in an appropriate manner
• Identified and resolved problems through root cause analysis and research.
• Performed system analysis, documentation, testing, implementation and user support for platform transitions.

Accomplishment:

• Have been instrumental in migration of a process from London(onsite) to Mumbai seamlessly with in a short span of 6 weeks
• Have been involved in trainings of the new joiners to the team.

October 2007- September 2009 (Client data integrity)

Functions & Responsibilities:

• Setting up and maintaining of Standard settlement instructions(SSI) for settlement of OTC derivatives product.
• Resolving SSIs related breaks for settlement.
• Mirroring SSIs for reversals of incorrect payments
• Liaising with CPs for setting of SSIs

Accomplishment:

• Have been able to maintain high accuracy of 99% in setting up the data