Summary
Overview
Work History
Education
Skills
Projects
Accomplishments
Additional Information
Timeline
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Sumit Gwalani

Project Manager
Pune

Summary

Dynamic banking professional with over 12 years of strategic leadership experience spanning diverse domains. Expertise in project management, risk assessment, and data analysis, leveraging Power BI to drive data-driven solutions. Specialized in confirmation and settlement operations across FX, Equity, and Fixed Income products, with hands-on experience on trading and sales desks in New York. Proven track record in managing international migration projects for operations in Frankfurt and Germany. Demonstrated success in mass training and team expansion, adept at recruiting and onboarding top talent for both international and domestic projects.

Overview

12
12
years of professional experience
3
3
years of post-secondary education

Work History

Vice President of Business Development

BNY Mellon
3 2023 - Current
  • Business MI Reporting and Analysis: Produced comprehensive Business MI using Power BI Dashboards to demonstrate encompassing trade patterns, P&L attributions, headcount, and trade reports, providing key insights for strategic decision-making.
  • Team Leadership and Development: Team expansion by directed hiring, managed employees, and conducted training sessions on best practices, maximizing productivity and fostering a skilled workforce.
  • Strategic Operations Management: Strategically coordinated operations in alignment with objectives, effectively allocating resources to meet organizational demands and goals.
  • Expertise in FX Transactions: Proficiently managing FX confirmation and settlements encompassing both CLS and non-CLS deals, demonstrating skill in netting and NDF currency fixing.
    Successfully resolved reconciliation breaks using TLM, collaborating with diverse stakeholders to ensure smooth FX settlement closures.
  • Strong Rapport and Team Dynamics: Fostered positive relationships among peers and subordinates, cultivating a collaborative and dynamic team environment.

Senior Manager, Projects

HSBC BANKING CORP
2017.07 - 2022.07
  • Global Team and Process Management: Specialized in effectively managing real and virtual global teams and processes, fostering cross-border relationships with stakeholders, ensuring operational excellence, and maintaining rapport across diverse regions.
  • Front Office / Middle Office Reconciliation: Proficiently performed reconciliations between Trading P&L estimations and Official MO P&L, investigating P&L breaks to desks for resolution.
  • Trade Support and Business Intelligence: Reviewed trade support activities, including P&L performance, trade failure management, cash reconciliation, sec settlement, and Overdraft Claims.
    Developed user-friendly dashboards for tracking market share performance, aiding informed decision-making.
  • Project Management and Initiative Leadership: Collaborated with Asset Class COOs to establish frameworks for synergies and eliminate overlaps as part of the firm's 2020 vision, contributing to efficient task management and streamlined operations.
    Successfully delivered challenging projects, leveraging adversities for continuous professional growth and project success.

Intern Trainee

HSBC Bank USA
2016.09 - 2017.06
  • Sales Management and Support: Managed sales blotter in Bloomberg, trade-web, and FINPRO, ensuring seamless tracking of trading activities.
    Provided critical support to FI, EQ & derivative traders and sales representatives, facilitating daily trading operations.
  • Market Analysis and Reporting: Analyzed interest rate dynamics and collaborated with the sales team to achieve targets, optimizing sales strategies.
    Prepared, analyzed, and distributed daily sales reports to management, providing vital insights across locations.
  • Tools Development: Developed a Rates Sales Tracker and Excel models to automate hit/miss ratio calculations and track team-client interactions, resulting in process automation, heightened client satisfaction, and increased sales.
  • Excel Tool Creation for Efficiency: Crafted an Excel tool for SWAP price calculation, significantly reducing processing time, enhancing operational efficiency.

Process Supervisor

DEUTSCHE BANK GROUP
2012.06 - 2016.09
  • Trade Settlement Expertise: Managed trade settlement challenges encompassing buy-in, Corporate actions, cross-border settlements, security setup, new issues, and settlement instructions (Euroclear, DTC, DTCC), mitigating trade failures and penalties using Bloomberg terminal.
  • SOP Establishment and Maintenance: Created and maintained Standard Operating Procedures (SOPs), overseeing NAV maintenance, fund reconciliation with custodian, and portfolio management, ensuring operational accuracy.
  • SWIFT Standards and Compliance Knowledge: Proficient in SWIFT standards for payments and confirmations, adeptly navigating compliance and audit policies to ensure regulatory adherence.
  • Migration Documentation and Risk Management: Developed and reviewed migration documents, ensuring compliance with audit requirements and creating resilience across locations.
  • Process Analysis and Re-engineering: Conducted comprehensive analyses of process deficiencies, delivering process re-engineering improvements.

Education

BBA - Finance and Banking

Aryan College
Ajmer
2007.06 - 2010.06

Skills

Project Management

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Projects

  • Olympus Project Management : Migration of FI Settlements and OD Claims processed from Germany to Bangalore in 2013, streamlining operations across locations.
  • Project Aladdin - Trading Platform Migration (2016): Oversaw the migration of the trading platform from CRTS to Aladdin in Jaipur, India. Significantly enhancing trading functionalities.
  • Train The Trainer Initiative: Headed cross functional training programs across all Indian locations, achieving 100% resiliency and proficiency among teams.
  • CRM System Implementation Leadership: Led a cross-functional team in implementing a new CRM system, resulting in a remarkable 40% reduction in processing time, enhancing operational agility.

Accomplishments

    Awards and Recognitions:

  • DBOI 2015 Best Employee Award: Recognized for exceptional performance and significant contributions at DBOI, showcasing dedication and outstanding results.
  • HSBC 2018 Team of the Quarter: Acknowledged for achieving outstanding team performance at HSBC, demonstrating effective teamwork and leadership.

  • Professional Exposure:

  • Logistics-FMCG in Africa: Leveraged 2 years of logistics expertise in Africa, demonstrating adaptability to diverse culture and French language, proactively worked and anticipated in immersive training in sales market landscapes.

Additional Information

Hobbies : Yoga, Meditation, Playing Guitar, Singing, Writing

Date of birth : 30th April1989

Language : English | French | Hindi

Timeline

Senior Manager, Projects

HSBC BANKING CORP
2017.07 - 2022.07

Intern Trainee

HSBC Bank USA
2016.09 - 2017.06

Process Supervisor

DEUTSCHE BANK GROUP
2012.06 - 2016.09

BBA - Finance and Banking

Aryan College
2007.06 - 2010.06

Vice President of Business Development

BNY Mellon
3 2023 - Current
Sumit GwalaniProject Manager