Shyam Sundar Swaminathan

I am part of Treasury and Banking operations, proficient in optimizing cash management processes and ensuring liquidity across diverse currencies to meet organizational objectives. Key responsibilities were

• Expertise in forecasting cash balances and strategically scheduling cash concentration transfers to maintain optimal liquidity levels across all currencies, facilitating seamless business operations.
• Work closely with other treasury departments such as Capital Market and Investment Management teams to facilitate funds towards their respective operations, ensuring alignment with overall strategic objectives and efficient capital deployment.
• Diligently validate transactions to fund business unit payments, ensuring accuracy and efficiency in financial transactions execution.
• Perform Forex Netting and In-House Banking trades to address the funding requirements of various entities within the organization, ensuring timely availability of funds to support operational needs.
• Execute Forex trades by meticulously validating with counterparty's FX confirmation, by adhering to firm’s compliance and risk management protocols.
• Conduct thorough balance analysis across all currencies, proactively identifying opportunities to liquidate dormant funds in the market through strategic Forex trading, collaborating closely with traders to maximize returns.
• Track BAU errors and participate in Risk Forum sessions within the firm, presenting mitigation techniques to prevent recurrence and enhance operational efficiency
• Efficiently identify and allocate incoming receipts to respective business units, enabling efficient utilization of funds and supporting operational requirements.
• Actively participated in SWIFT’s ISO migration projects, contributing to various testing phases of PACS messages to ensure compliance and smooth transition to new systems and standards.

I was part of Global Market Operations, handling Derivatives Collateral Margin Operations. Key responsibilities were,

• Monitored collateral balances and verified CALL bookings (Initial & Variation Margin CALLS) to ensure compliance with regulatory requirements.
• Reconciled exposure discrepancies from held portfolios, proactively resolving associated issues to maintain accuracy and compliance.
• Investigated unsettled CALL movements, diligently following up with clients to ensure effective credit monitoring.
• Accounted for and disbursed monthly interest payments to clients for collateral balances, ensuring timely and accurate transactions.
• Assisted clients in amending SSI (Standing Settlement Instructions) setups within the system to facilitate smooth transaction processing.
• Coordinated with the Cash Management department to monitor SWIFT movements, ensuring efficient cash flow management and transaction processing.

I was part of Financial Market Operations, worked across Treasury - Settlements & Investigations and Reconciliation. Key responsibilites were,

• Facilitated settlement of Forex and Money Market transactions, meticulously investigating unsettled movements to ensure prompt resolution without delays.
• Managed inquiries from both dealers and customers, swiftly addressing concerns and providing resolutions to uphold client satisfaction.
• Orchestrated the integration of Nostro charges and interest incomes into the bank's Profit and Loss account through meticulous preparation of general ledger adjustments.
• Diligently reconciled cash and accounting discrepancies, meticulously investigating variations between Nostro and various Financial Accounting Systems to ensure accuracy and compliance.
• Proficiently prepared and processed SWIFT messages supporting Treasury transactions, ensuring accuracy and timeliness in financial communications.