Swetha Gemawat

Through the 15 years, led cross functional teams delivering Post trade services for Derivatives and Securities Products including Middle Offices, books and records, Documentation, Reconciliations and Settlements

• Excelled at operational risk framework covering SOX, RCSA, KRIs, KPIs and supporting internal/external audits.
• Excelled at post trade lifecycle operational workflows.
• handled transformational projects from design to execution.
• managing team size of 50. Built highly motivated teams and very inclusive environment.

Sep 2021 to Current

Lead for Interest Rates Derivatives Bangalore - team size: 50 members.

Key achievements :

• With LIBOR cessation, operational flows had knock on impact on STP rate going low creating backlogs on breaks and exceptions. Key lead for normalizing it back globally and ensuring stability.
• Lead transformational project for x-FICC with Engineering to design better workflow tooling for client account balances and reconciliations.

Nov 2019 to 2021

Global lead for change management for Global Markets Controls division

Key achievements :

• Transformed Position level Reconciliations into Transaction level auto detection partnering with Tech from design to execution.
• Facilitating New business activities and consolidated global initiatives and reporting.

April 2019 to Oct 2019 - Maternity break

Sep 2015 to April 2019

Lead for Client Control team managing client account balances in Securities Business. Developed solid understanding of FCA Client Money Rules.

Key achievements :

• Project Earth - Key lead for transforming paper delivery of monthly/quarterly client activity statements to Electronic delivery on GS Marque Platform.
• MIFID II client statements: designed quarterly client statements for adhering to MIFID II requirements. delivered before promised deadlines.

March 2012 to Sep 2015

Lead for Structured products Middle office and Controls - team size: 8 members.

Key achievements:

• Migrated 4 HC functions from London to Bangalore.
• Improved invoice processing functions for better timely settlements and optimized excess reserve balances.

Nov 2008 to March 2012

Team member for Derivatives ISDA agreement risk management team.

Key achievement :

• Distinguished workflows for large investment advisors vs. smaller clients and eventually responsible for oversight on Large IA team.

Responsible for Cash Payments and Receivables Operations.

• Ensured timely payments for HP clients.
• Performing internal reconciliation and championed in resolving complex exceptions.
• Handled complex queries from clients for stop auto pays, recalls and developed good understanding of payment transfer rules.
• Ensured daily, weekly and monthly Reporting protocols adhered to.

Received recognition for event managing year end payment freeze which required partnership with tech and other ops internal teams to stop automated payments and ensure ensure frequent reporting.