Summary
Overview
Work History
Education
Skills
Accomplishments
Additional Qualification
Internship
Hobbies and Interests
Timeline
Generic

Sumeet Taurani

Mumbai

Summary

Operations Specialist Assistant Manager offering 7+ years of experience providing analytical support to the financial markets utilizing an array of technology and software programs. Seamlessly interfaces with customers and personnel at all levels. Team Leader experienced and dedicated to enhancing employee satisfaction and business success with an eye for process optimization.

Overview

8
8
years of professional experience

Work History

Assistant Manager, Equity Swaps, CDS

BNP Paribas
05.2022 - 01.2024
  • Handled the pre and post settlement of Equity Swaps with relevant currency cut-offs
  • Liaised with the relevant tech and IT teams to check the trade feeding issues and helped with UAT to fix the trades impacting Settlements
  • Supported other teams in BAU during CDS rolls which helped delay in settlements
  • Monitored team performance and provided constructive feedback to increase productivity and maintain quality standards
  • Supervised team members to confirm compliance with set procedures and quality requirements.

Team Leader, Asset Management Onboarding

J.P. Morgan Chase
01.2021 - 03.2022
  • As an account onboarding and Data analyst, was responsible for providing a dedicated and professional account information and documentation function for the Business
  • All aspects of account set up and on-going maintenance for Institutional Clients and Mutual funds
  • Effective Communication with both Internal and External stakeholders
  • Regular status reporting of all account set ups
  • Executed static KYC initiatives, ensuring compliance with regulatory requirements, e.g AML, fraud etc
  • Supported Front Office to ensure smooth CLM execution, engaged with Client to better understand needs and delivered efficient end-to-end system set up, client onboarding and transition planning and execution
  • Identify and mitigate system glitches to ensure smooth functioning of daily business activates and enhance user experience

Transaction Processing Specialist

J.P Morgan
05.2016 - 01.2021
  • CLS Matching, SWIFT and Long Form Confirmation Matching for Options and FX trades, Derivatives vs FX trades matching
  • Matching and reconciliation of Paper Confirmations for Options and NDF products
  • SWIFT Matching for Options (MT 305)
  • Leading various UAT testing to automate the Matching process (Migration of the process to DCPP system).
  • Identifying gaps in risk and controls and providing measures to eliminate such risks to the management and the tech team (Auto Classification of the Long Form trades saves 3 hrs a day)
  • Representing the team in weekly calls with the other Matching teams globally to identify the challenges faced and to fill up the knowledge gap to ensure smooth processing
  • Setting up Calls with FO/MO regularly for resolving issues that are repetitive in nature and can be avoided (Reduced more than 40% of the breaks).
  • FX vs Derivative – Irecs onboarding process (Proposed MO to use the same trading book/portfolio for the trades to auto match the trades internally after reconciliation)
  • Auto Netting processed via Back Office System with the help of a Bot between internal entities (Saved more than 2 hrs daily)
  • Auto matching of Long form Options trades using Bar code. (saved more than 2 hrs globally)

Education

Bachelor in Management Studies -

Tolani College of Commerce

Skills

  • Treasury asset class TLC
  • Customer Relationship Management (CRM)
  • Teamwork and Collaboration
  • Cost Reduction
  • Operations Management
  • Results-Driven
  • Staff Training and Development
  • Strategic Planning
  • Project management abilities
  • Decision-Making
  • Written Communication

Accomplishments

  • Prepared reports and provided analysis for noise population for confirmation process liaising with respective clients saving approx. 2 hours every day for the Matching Team globally.
  • Automated the Netting process between internal entities and Auto match of gross trades without swift saving thousands of dollars for the firm.
  • Lead 3 successful UAT testing liaising with tech and other global hubs with regards to process enhancement in the Back-office systems.
  • Onboarded 2 Internal process on a new system with successful parallel testing for 3 months to reduce latency in raising breaks to MO and CP.
  • Cross trained new members across processes for smooth transition and to reduce knowledge gap.
  • Standardised SOP for 2 sub-processes with the help of other hubs globally.
  • Best Employee award and Best team award in both my previous organization.

Additional Qualification

Certified Investment Banking Operations Professional from Imarticus Learning.

Internship

Goldman Sachs, Intern-Analyst, Bangalore, 12/01/15, 02/01/16, Interned at Goldman Sachs (Bangalore) as an Intern-Analyst through Imarticus Learning for 3 months, in GIR (Global Investment Research) department for data management team which kept track of the Client entitlements and their feedback or request on specific industry or sector wise research access.

Hobbies and Interests

Football, Gaming and Painting

Timeline

Assistant Manager, Equity Swaps, CDS

BNP Paribas
05.2022 - 01.2024

Team Leader, Asset Management Onboarding

J.P. Morgan Chase
01.2021 - 03.2022

Transaction Processing Specialist

J.P Morgan
05.2016 - 01.2021

Bachelor in Management Studies -

Tolani College of Commerce

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Sumeet Taurani