Summary
Overview
Work History
Education
Skills
Professional Snapshot
Education Overview
Accomplishments
Linguistic Ability
Personal Information
Timeline
Generic
SRINIVAS IYER

SRINIVAS IYER

Mumbai,Maharashtra

Summary

Results-driven professional with over 16+ years in Investment Banking Middle Office Operations. Currently working as an AVP at BNP Paribas ISPL.

Skilled in working independently or collaboratively in fast-paced, high-pressure environments.

Known for achieving impactful results and demonstrating adaptability in dynamic settings.

Knowledgeable in trade lifecycle workflow for Listed Derivatives / OTC Derivatives, Equities, FX, Swaps, and Structured Notes. Effective leader with a track record of improving operational efficiency.

Overview

18
18
years of professional experience
6027
6027
years of post-secondary education

Work History

AVP

BNP Paribas ISPL
Mumbai
11.2021 - Current
  • Analyzed data to identify areas of improvement, implementing changes that resulted in greater operational efficiency.
  • Successfully managed change within the organization, ensuring smooth transitions during periods of restructuring or process improvements.
  • Established policies and procedures that improved operational efficiency within the organization.
  • Maintained compliance with industry regulations by implementing risk mitigation measures and maintaining accurate documentation.
  • Managed projects efficiently, ensuring timely delivery and high-quality results.
  • Promoted and led performance enhancement culture by actively coaching and mentoring direct reports.
  • Drive the team's initiative for STP flow of give up trades for Bank's key PB clients which helped to ramp up the STP rate of the process from 75.51% at the start of 2022 to 97.86% by end March'24.
  • Collaborated with Technology in 2024 which will help the business to deliver an efficiency save/ ROI of 0.55 FTE's globally.
  • Helped to bring synergy between Synthetic Prime Brokerage and Delta 1 platforms.
  • Heavily contributed to design the control framework by introducing key reports and weekly governance calls.
  • Effectively contributed in the F2B and Lunch / Learn series to give an insight about Synthetic Prime Brokerage business.
  • Led initiatives focused on employee engagement, resulting in higher retention rates and improved workplace morale.
  • Improved customer satisfaction by streamlining processes and implementing new strategies.

AVP (Global Prime Finance Trade Support)

Deutsche Bank Group
Pune
04.2020 - 11.2021
  • Managing a team of 9 members that covers multiple trade support activities – Corporate Actions, Stock Loan & Borrow, Contract risk matching based in Pune and Bangalore locations.
  • Partnered with Global and regional counterparts to ensure smooth operational delivery across products and business lines within agreed SLA’s,KRI’s.
  • Primary Escalation point for bespoke run the bank issues from operational layers, Sales & Trading desks located in Multiple sites.
  • Strong product knowledge with a thorough understanding of the end to end trade lifecycle.
  • Provide business control metrics to the management periodically.
  • Responsible for facing off with External and Internal Audit reviews which provide audit planning, risk and process assessments.
  • People management & Conducting periodical performance reviews of resources.
  • Promoted and led performance enhancement culture by actively coaching and mentoring direct reports.
  • Successfully managed change within the organization, ensuring smooth transitions during periods of restructuring or process improvements.

Associate (Global Equity Derivatives & Global Prime Finance- Corporate Actions-APAC)

Deutsche Bank Group
Pune
01.2015 - 03.2020
  • Spearheaded team of 7 members involved in trade capture of Vanilla & Structured Equity Derivative products as well as supported Trading & Sales desks based in Hong Kong including markets across Sydney, Hong Kong, Tokyo, Singapore, Seoul, Mumbai and other Emerging Asian countries.
  • Skilfully handled activities involving Trade capture of Listed Derivative products (Futures & Options),Structured products (ELN,Autocallable Notes, Fixed Coupon Notes, Bonus Enhanced Notes, Certificates, Warrants, Digital Notes), Equity swaps, Dividend swaps, Cross Currency Swaps, Variance swaps, Exotic options (Accumulators & Deccumulators), Treasury Term Funding , Corporate Action (Mandatory & Voluntary Events).
  • Assisting the Front Office to manage the trades through their life-cycle like calculating and booking events (Coupons, Pay-offs, Barriers, and Expiries) and coordinating with Settlements as well as clearing house to ensure smooth settlement of trades.
  • Executed and performed trades in accordance with established trading strategies and risk parameters.
  • Create and static maintenance of different Products using MDS applications to enable smooth trade capture in Risk Management system.
  • Lead High risk P&L investigation & resolution.
  • Resolutions of FOBO Position/Cash reconciliation breaks and perform root cause analysis.
  • Worked with sales to cater Firm’s institutional client base (Retail & Hedge Fund Clients). Managed client queries pertaining to Issuance, Valuation, Pricing, Event notifications, Margins, Settlements etc.
  • Coordinate with Client Onboarding & Static Data team for New Account Setup and periodic recertification as per KYC Norms.
  • Conceptualized & executed strategies for process enhancement and to support challenging organizational objectives as per set of SLA’s. Created dashboard to monitor volumes, performance & improvements in key metrics.
  • Providing technical and product support to junior staff.
  • Assisted Compliance and Regulatory in conducting the periodic system & process audits.
  • Ensure all Key Operating Procedures are adhered and updated on time.
  • Driving daily risk review calls with the reconciliations for a heightened control and identify high risk item, if any.
  • Review and process EOD and supervisory check to ensure daily tasks are completed.

Senior Analyst (Lifecycle NY & Exotics Deal Review)

Deutsche Bank Group
01.2012 - 12.2014
  • Generated periodic reports for NY based Trading Desks.
  • Notified middle office desks about the corporate action events like dividend pay-outs, splits & bonus issue etc.
  • Key role in capturing commission payments for HNW, Frankfurt desks.
  • Deal Review of complex structured financial products from risk perspective.
  • Ensuring the expected payoffs of the trade is correctly captured using appropriate valuation models.
  • Handling equity derivative products like Equity Linked Notes, Autocallables, Equity Swaps, Exotic options etc. across three trading locations London, New York & Hong Kong.
  • Reserves calculation & liaising with the Trading desk for approval/ queries.

Analyst (Options Clearing Group -Trade Support)

Deutsche Bank Group
04.2010 - 12.2011
  • Spearheaded Trade capture of OTC & Listed Option trades (Brazilian Bovespa Index) from the GME workflow into ADP (Ledger System & Securities Establishment).
  • Efficiently resolved FOBO Position & Cash Breaks.
  • Interfaced with the Middle Office Team and New York for settlement of trades & reviews of discrepancies.
  • Capture Corporate Action Events such as Splits, Dividend adjustments, Bonus, Mergers.
  • Generated periodic FSA regulatory reporting of single stock option trades.
  • Rendered support for business process enhancement involving trade flow automation and capacity augmentation.

Analyst (Fixed Income-Trade Support)

Deutsche Bank Group
Mumbai
04.2009 - 03.2010
  • Fixed income trade capture & dealing with trade discrepancies.
  • Responsible for timely settlement of Fixed Income Repo Transactions.
  • Ensuring accuracy of trade bookings by confirming & matching trade details with the NY Trading Desk.

Customer Service Executive (Transunion)

Intelenet Global Services Pvt Ltd
06.2007 - 03.2008

Education

MBA - Finance

ICFAI University
Mumbai
05.2009

Bachelor of Management Studies - Finance

Mumbai University
Mumbai
06.2005

NCFM Certification on Depository Operations and Risk Management -

NCFM
Mumbai
04.2012

Skills

Internal communications

Professional Snapshot

An accomplished professional with 16+ years of qualitative experience in Investment Banking Trade Support, Life Cycle Management, Corporate Action Operations. Presently associated with BNP PARIBAS ISPL as an Operations Lead. Expertise in performing autonomously and/or collaborating in a rapid-paced, high pressurized environment. Good knowledge on Trade lifecycle workflow of Listed Derivatives / OTC Derivatives, Equities, FX, Swaps, Structured Notes. A result-focused & effectual leader with proven abilities in augmenting the operations efficiency.Proficient in Broadridge-ADP, Imagine Trading System, Kondor+, MarkitWire, Smartstream TLM, Bloomberg, Thomson Reuters, Euroclear, and OMR systems.

Education Overview

  • 2012, NCFM Certification on Depository Operations and Risk Management
  • 2009, MBA (Finance) from ICFAI University
  • 2005, Bachelor of Management Studies from Mumbai University

Accomplishments

  • Worked with Finance Controls team on a project to resolve the incorrect exposure reflecting in Firm’s Books (Approx INR 10 mm) caused due to legacy issues in risk capture of Dividend adjustments.
  • Streamlined the Corporate Action tasks by working with the Development professionals for auto-posting of Dividend adjustments in Risk Management systems, built a reconciliation tool to compare the Dividend rates versus MDS applications resulting in a Daily save of 45 mins.
  • Reviewed and ironed out the deficiencies in Trade Capture Booking templates used for capturing the Dividend Repatriation specifically for India Market.
  • Worked on STP process of Broker successfully executed Listed Futures & Options, Stock trades into Risk Management system resulting in savings of 30% of FTE allocation.
  • Rendered support to the UAT Testing team in successful up-gradation of in-house Front Office Order Management system.
  • Streamlined reporting tasks which resulted in saving of 4 hours of capacity utilization via re-alignment of tasks & automation.
  • Assisted the CI team in developing System Macros resulting in reduction of 2 hours & 1 FTE as part of the Process Enhancement initiative.
  • Supported Development team for systemic changes due to Dodd-Frank act on OTC Derivative trades.
  • Vital member of the Core Working Group involved in automation of OTC option/Structured product trades into the Back office system (ADP).

Linguistic Ability

  • English
  • Hindi
  • Marathi
  • Tamil

Personal Information

  • Passport Number: R8668430
  • Date of Birth: 04/23/84
  • Nationality: Indian

Timeline

AVP

BNP Paribas ISPL
11.2021 - Current

AVP (Global Prime Finance Trade Support)

Deutsche Bank Group
04.2020 - 11.2021

Associate (Global Equity Derivatives & Global Prime Finance- Corporate Actions-APAC)

Deutsche Bank Group
01.2015 - 03.2020

Senior Analyst (Lifecycle NY & Exotics Deal Review)

Deutsche Bank Group
01.2012 - 12.2014

Analyst (Options Clearing Group -Trade Support)

Deutsche Bank Group
04.2010 - 12.2011

Analyst (Fixed Income-Trade Support)

Deutsche Bank Group
04.2009 - 03.2010

Customer Service Executive (Transunion)

Intelenet Global Services Pvt Ltd
06.2007 - 03.2008

MBA - Finance

ICFAI University

Bachelor of Management Studies - Finance

Mumbai University

NCFM Certification on Depository Operations and Risk Management -

NCFM

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