SHUBHAM DANA
Mumbai
Summary
Dynamic Senior Manager with extensive experience at The Federal Bank Ltd, excelling in forex trading and risk mitigation. Proven track record in enhancing client portfolios and delivering customised hedging solutions. Strong analytical skills and expertise in financial derivatives drive informed decision-making and strategic market insights.
Overview
9
9
years of professional experience
Work History
Senior Manager - Forex Merchant Dealer
The Federal Bank Ltd
Mumbai
07.2018 - Current
- Executing forex trades on behalf of clients and the bank, position management, risk mitigation and ensuring timely and accurate trade execution.
- Managing the forex business portfolio of Delhi and Kolkata.
- Pricing of both vanilla and complex derivative products and providing end-to-end customised hedging solutions based on client requirements to mitigate their FX risk by making use of trading platforms and
software, such as Reuters and Bloomberg Terminal. - Handling bullion activities, such as GML closure and gold forward booking.
- Hedging of outright forex risk with linear and non-linear products like FX Forwards, FX Options and FX Swaps (Cross-Currency swaps, Cross-Currency Interest rate swap, Principal only swap). Aiding the development and improvement of various treasury derivative products, and providing market insights and hedging strategies.
- Providing market commentary and trading recommendations to clients, based on fundamental and technical analysis. Understanding economic indicators, industry dynamics, and company fundamentals.
- Enhancing new client connections and increasing the wallet share from the existing customers.
- Liaising with business analysts in user testing, requirement gathering, developing and testing of periodic upgradations of the Treasury Dealing System and ensuring smooth implementation.
- Continuously monitoring market trends and economic indicators to drive data-informed hedging decisions.
- Post Trade Management - Tallying bank-wide FX positions, maintaining adequate funds in the Nostro accounts, trade lifecycle management (including trade validation, late trade booking, trade amendment and cancellation) and daily operational activities.
Assistant Manager - NSLR Dealer
The Federal Bank Ltd
Mumbai
05.2017 - 06.2018
- Managing Banks NSLR Portfolio of roughly 6000 Cr, incorporating Corporate Bonds, Commercial Papers, Pass-Through Certificates, Security Receipts, as well as Listed and Non-Listed Equity Exposure.
Education
Post Graduate Programme - In Securities Market
National Institute of Securities Markets
Mumbai, Maharashtra01-2017
B.Com(Honors) -
Guru Ghasidas University
Bilaspur, Chhattisgarh01-2016
Higher Secondary Studies Grade XII - CBSE BOARD
Kendriya Vidyalaya Chirimiri
Chhattisgarh01-2013
High School Grade X - CBSE BOARD
Kendriya Vidyalaya Chirimiri
Chhattisgarh01-2011
Skills
- Technical Skills: Microsoft Office
- Functional Skills: Technical Analysis, Market Risk, Financial Derivatives, Asset Liability Management, Fixed Income,Securities, Stress Testing, Fundamental Analysis
- Personal Skills: Analytical skills, Communication
- Certifications: Certified Treasury Professionals (IIBF)
Timeline
Senior Manager - Forex Merchant Dealer
The Federal Bank Ltd
07.2018 - Current
Assistant Manager - NSLR Dealer
The Federal Bank Ltd
05.2017 - 06.2018
Post Graduate Programme - In Securities Market
National Institute of Securities Markets
B.Com(Honors) -
Guru Ghasidas University
Higher Secondary Studies Grade XII - CBSE BOARD
Kendriya Vidyalaya Chirimiri
High School Grade X - CBSE BOARD
Kendriya Vidyalaya Chirimiri