Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals.
Overview
14
14
years of professional experience
7
7
years of post-secondary education
Work History
DBOI, AVP Fee, Brokerage, Trade Settlements
Jaipur
03.2022 - Current
Supervised team of 10 members (Agency Fees & Euroclear Settlements) and trained them for expected role
Skillful in managing on shore calls and negotiating for migration processes
Employee Engagement and development- Goal Setting, Appraisal and performance management for the team
Adhering and maintaining the responsibility matrix, regular communication with key stake holders, Issue tracking, service level Reporting and Risk Escalation
Formulating innovative business strategies, designing workflow and implementing change to ensure smooth business operations and attainment of targeted business objectives
Formulating strategic approach within several markets delivering exceptional value to our End clients with high STP rates, accuracy coupled with time savings
Managing resource planning, work allocation, attrition & new hiring
Identifying process related open risk items, engaging in meaningful discussion with the management & ensuring control are put in place to close the gap
Designing process flow between varied teams to enhance synergy
Working constructively on the projects to make process lean and enhance the overall capacity
Handling day to day people management issues and ensuring that all the activities of the team are completed
Responsible for leave management and Cross Training Management
Manager
DBOI
01.2018 - 02.2022
Monitoring and resolving Nostro – Depot breaks to ensure No Break is outstanding for more than 7 days
Recorded the customer Comments/Feedback on breaks and shared with the settlement teams for producing effective resolution
Ensured appropriate action is taken on Breaks/ tasks/mails and demonstrated the same by adhering to high quality of proper investigation and standard
Responsible for Agent Fees, Brokerage & Bond Borrow/Bond lending Fees reconciliation process and payments to external clients/Brokers
Monitoring and ensuring the timely settlement of accrued Fees before the Month end
Focused on Increasing standardization, reducing manual processes and strengthening controls
Responsible for Audit compliance & Maintenance of MIS
Responding to Client queries, Adhoc queries and providing effective solutions to client
Responsible for trader’s escalation and timely response to desk
Actively involved in People engagement programs
Associate
DBOI
Jaipur
01.2017 - 01.2018
European Fixed-Income Settlements, Supervising and managing the settlement of Fixed-Income securities for European Markets
Having daily health calls with the onshore business partners and discussing the status of high risk fails and stock and cash breaks
Recommending appropriate solutions for fixing settlement related issues and trade discrepancies while improving process efficiency and productivity of assigned projects
Compiling and disseminating information regarding maturing fixed income securities and reducing financial and reputational risk involved in the business process
Preparing “:Daily Production call” data file highlighting all the critical high value trades/Breaks to senior Management to ensure their timely settlement
Review current procedures and identify opportunities for automation, cost savings and synergies across markets
Managing resource allocation and capacity optimization through benchmarking, volume capturing and capacity utilization/modeling exercises
Identify synergies across businesses and initiate a management level discussion around it
Coordinating with the onshore business partners to ensure timely and accurate service delivery
Process Supervisor
DBOI
Jaipur
06.2010 - 12.2016
Recruited in FISOS i.e
Fixed income securities and operation services process of the Investment Banking section of Deutsche Bank (DBOI)
Involved in setting up the resiliency project and re-migrated the entire process of Fixed Income Securities Operations from Mumbai into Jaipur
Automated the processes & created self-help tools to improve quality and accuracy
Responsible for realigning positions among different depots to cover the securities short positions
Recognizing and resolving the Nostro (Cash) and Depot (Position) breaks of trades
Cash transactions with clients against the price changes made after the trades settlement in the market
Preparation of effective training plans and training trackers for the team
Preparation of Securities Borrowing cost report and its analysis to identify its causes
Preparation of monthly, quarterly and consolidated MIS (Brokerage Fees), for global & regional business heads
Process Associate
GENPACT
03.2009 - 05.2010
Managed the Inventory Finance Process(CDF) for US market at Genpact
Managed Customer Accounts, Billing, Cash Applications and Internal Audits
Preparation and publication of dashboards and production reports on daily basis
Governing Leader of the “Fun @ Work Committee”, laid foundation for various programs
Appreciated for Mentoring & Training of new hires
Worked on accuracy and productivity improvement Projects with Quality team(Six Sigma)
Education
Secondary -
Kendriya Vidyalaya
Jaipur
04.2000 - 03.2001
Senior Secondary -
Kendriya Vidyalaya
Jaipur
04.2002 - 03.2003
MBA (Dual) Finance & Marketing -
ICFAI
Jaipur
04.2007 - 02.2009
B.SC -
Kendriya Vidyalaya
Jaipur
04.2004 - 03.2007
Accomplishments
Certification in Capital Markets (Dealer’s Module) – & AMFI-Mutual Fund (Advisors Module)- NCFM”
Summer Internship Program at ICICI Prudential Asset Management Company in 2008
Duration: 3 Months and 15 days ( 4th Feb
To 12th May 2008 )
Project: Comparative Analysis of Stable (debt) and Growth (equity) Mutual Funds
Profile: Worked as a Trainee and exposed to different functional role - Acquiring new and valuable customers and learning wealth management techniques for HNI clients and worked for Portfolio Management Services, Year
Additional Information
DISTINCTIVE ACHIEVEMENTS & SOCIAL ACTIVITIES ,College Topper for consecutively three years from 2004-2007 Recipient of Appraisal Certificate from Govt. of Rajasthan for the project work on Development of ‘Eco Tourism’ in Jhalana Forest Area Regular participation in Green environment initiatives Active member of Akshaya Patra, NGO working towards the welfare of under-privileged Recipient of ‘STAR Of The Month’ award for excellent performance throughout the quarter in DBOI Recipient of the prestigious “GE Bronze & Silver Award” for consistently meeting Six Sigma quality standards Nominated by the business in the Top talent pool for 2012