Suresh Babu Venkatesh
Vice President
Chennai,TN
Summary
Performance-driven Vice President with 18 years of experience in regulatory reporting, derivatives operations and middle office oversight. Proven ability to align complex processes with global regulatory frameworks (EMIR, MAS, CFTC), driving transformation and strengthen compliance and controls functions. Global exposure includes both long-term and short-term assignments across Paris, Brussels and London.
Overview
18
18
years of professional experience
1
1
Certification
5
5
Languages
Work History
Vice President
NatWest Markets PLC
08.2024 - Current
- As a Vice President – Trade & Transaction Reporting, my leadership role encompasses strategic oversight, regulatory compliance, operational efficiency, and technology transformation across multiple global regulations, including EMIR, MAS, MiFID II, SFTR, CFTC, CSA, and more.
- Spearhead regulatory transformation initiatives such as EMIR Refit, MAS Rewrite, and CSA Rewrite to align operations with evolving compliance requirements.
- Engage with regulators and auditors to manage internal/external audits, ensuring transparency and remediation of identified gaps.
- Drive issue remediation, regulatory gap analysis, and internal assurance programs to maintain a 97%+ compliance rate.
- Lead T&TR Technology replatforming, transitioning legacy systems to strategic tool, ensuring enhanced automation, data integrity, and reduced operational risk.
- Optimize trade lifecycle reporting processes through AI/ML-driven reconciliations, advanced analytics, and digital transformation for improved operational efficiency.
Vice President – Derivatives MO Operations
Citi
08.2023 - 07.2024
- Led the implementation of T+1 settlement for Citi Derivatives Middle Office, ensuring timely and accurate trade processing across global markets.
- Managed end to end trade lifecycle processes for OTC & ETD derivatives covering trade validation, confirmation, settlement and post trade reconciliations.
- Oversaw complex derivatives portfolios, ensuring accurate valuation, collateral management and trade break solutions.
- Collaborated with Global teams and partnered with IT and Product team to drive systems upgrades from legacy to Blackrock Alladin, keeping Citi ahead in client servicing.
Assistant Vice President
BNP Paribas SA
01.2013 - 08.2023
- A, Derivatives Client Delivery, Chennai - March 2022 – August 2023
- Managed the operational relationship with the firm’s top institutional clients across Derivatives Products and process from Trade confirmation to Settlement, OTC Valuation & Collateral management.
- Collaborate with Global Heads and Process owner of derivatives product areas to share data and client feedback to communicate any service level concerns or trends.
- Maintain knowledge on various technology offerings as well as upcoming regulations to effectively communicate with stake holders and assist in preparation for technology or regulatory changes
- Continuous improvement to increase operational efficiency internally or in partnership with clients to effect behavioural change. Achieved time savings ranging from 2 minutes to 6 hours daily.
- B, Client Activity Manager – OTC Client Service Delivery, Paris (H.O) – Dec 2018 – March 2022
- Regularly meet with clients to review Operational feedback and propose technology or process change to increase efficiency using metrics and sharing knowledge from experience with other clients.
- Cultivated and continue to maintain relationships with Global heads or with executive leadership at client through in-person meetings in Paris & London office as well as remotely via video meetings, phone call, emails, and chats.
- Oversee and control the reporting of OTC Trade, Valuation and Collateral values to DTCC.
- Utilize metrics to identify clients who generate low revenue and are associated with highly complex process and low efficiency.
- C, Various Positions – Derivatives MO Operations (OTC & ETD), Chennai - Jan 2013 – Nov 2018
- Worked on various derivatives process and automation projects aimed at reducing cost and achieving optimal capacity.
- Maintained awareness of the Operational Risk scenarios associated with this role and ensuring that all actions taken were assessed for potential operational risks.
- Proficient in using financial systems and platforms such as Calypso, UnaVista, Aladdin, DTCC, Markit Wire, Intellimatch, Bloomberg, and Pricing providers like Finalyse, Super Derivatives, IhsMarkit etc.
Senior Financial Analyst
Barclays (Shared Services)
07.2012 - 01.2013
- Served as a “Senior Financial Analyst” in Asset Servicing within the Wealth Management team.
Senior Financial Associate
TCS e-Serve International Ltd (Citi Hedge Fund process)
12.2008 - 07.2012
- Worked as Senior Financial Associate as part of Citi Group Hedge Fund Services
- Calculate and validate a daily and/or weekly and/or monthly Net Asset Value (NAV) for the allocated funds.
- Assist and train team members with their NAV calculation and problem resolution.
- Reconcile cash daily (no unresolved discrepancies), Trades and portfolio positions (including equities, bonds, swaps, options, foreign exchange & derivative instruments OTC & ETD.
Secretarial Officer
Indbank Merchant Banking Services
04.2008 - 11.2008
- Served as a “Secretarial Officer” in Trading desk division within Portfolio Management services.
- Executed the Futures & Options, Equities, Currency Options trades following PM instructions.
- Expert on regulatory impacts resulting from derivatives and FX management.
Education
Master of Business Administration (MBA) - Finance & Derivatives
Anna University
01-2008
Bachelor of Commerce (B. Com) - undefined
Thiruvalluvar University
01-2006
Certification
Certified Market Derivatives Professional (CMP).
Timeline
Vice President
NatWest Markets PLC
08.2024 - Current
Vice President – Derivatives MO Operations
Citi
08.2023 - 07.2024
Assistant Vice President
BNP Paribas SA
01.2013 - 08.2023
Senior Financial Analyst
Barclays (Shared Services)
07.2012 - 01.2013
Senior Financial Associate
TCS e-Serve International Ltd (Citi Hedge Fund process)
12.2008 - 07.2012
Secretarial Officer
Indbank Merchant Banking Services
04.2008 - 11.2008
Bachelor of Commerce (B. Com) - undefined
Thiruvalluvar University
Master of Business Administration (MBA) - Finance & Derivatives
Anna University