VIJAY YADAV

Leading the global Risk Controls and the Amend and Cancel Controls team - (Span of Control - 26)

• Continuous improvement of the control and governance framework
• Manage and help to mitigate fraud, rogue trading and business execution risk
• Contribute to Risk Control framework: End-of-day Risk Limits, Intraday Risk Limits and Trader Mandates.
• Ensure that daily end-of-day/intraday limits and mandate breaches are investigated, understood, promptly escalated according to the global policy and all the comments are well documented in the daily / weekly / monthly summary reports and dashboard
• Partner with various stakeholders to strengthen the control framework and to Implement new controls and processes arising from changes in the regulatory environment such as Volcker and the French Banking Law
• Ensure that all alerts generated at the back of any amendments / cancellations of trades are investigated and escalated as required in a timely manner.
• Organize forums like the risk control committee and effectiveness review committee with key stakeholders.
• Continuously work and lead the maintenance, implementation, and development of the reporting framework to effectively call out the risks at the agreed timelines.
• Enhance the escalation framework to ensure there is good visibility to breaches from the global markets risk team, Anti-fraud risk team, Front Office Management, and other stakeholders.

Managed Bonds Trade Support and Corporate Actions -

Bonds Trade Support -

• Oversee and ensure that all trades booked in the risk system are matched successfully
• Identify, investigate and resolve any issues that break the flow of the trades downstream
• Liaise with the static team to expedite the static set up
• periodic reporting and management forums to call out risk and developments to mitigate issues.

Rates, Fixed Income and Currencies (FX) Middle Office, APAC

Manage end-to-end middle office operations for all the three asset classes.

• Manage trade booking, amendments and allocations
• Front to Back Trade Flow Management
• FOBO Break Reconciliation
• Electronic Affirmation
• Trade Validation
• Trade Fixings
• Trade Integrity Assurance
• Broker check Out / Reconciliation
• Query / Issue Management
• Static Data Management
• Regulatory Reporting

Middle Office - Flow Rates Transaction Control (EMEA)

Ensuring that all tasks are performed accurately and with diligence.

• Transaction Life-cycle Management
• T+1 Control Reconciliations
• Trade Integrity Assurance
• Broker Reconciliation.
• Reconciliation of internal back to back trades
• Generating critical reports for Front Office and Sales
• Manage and validate bookings for Client Redress

Managerial Responsibilities

• Monitoring performance of controls.
• Assist Risk and Control team in SOX and other compliance related testing.
• Spot checking various queues to monitor the team work (work queues in TLM, reports generated by the team, emails sent out etc.).
• Ensuring that all tasks i.e., various reconciliations, reports generated by the team and resolutions are appropriate.
• Conduct regular one-to-ones with the members in the team.
• Have mid-year and annual performance conversations with the team.
• Manage the leave calendar for the team and ensure appropriate back-ups are in place.
• Ensure every individual is cross trained to perform all tasks managed by the team.

Securities Operations (Bonds and Equities)

Appoint and monitor the performance of Nomura\'s network of clearing agents and utilities

• Opening and closing new bank / clearing accounts.
• Ensuring that all account related information (static data etc.) is recorded in the relevant systems of various other internal teams.
• Day to day support to internal clients (for escalations etc.) Manage projects and assign responsibilities to the appropriate teams.
• Manage projects and assign responsibilities to appropriate teams.

Build strategies to enter new markets and create value in the existing markets

• Coordinate and develop a strong regional hub relationship with internal departments and custodians.
• Assist the regions and be an instrumental part of RFP / RFI exercise.
• Analysing clearance fees and volume data in preparation of the global analysis and maintain spreadsheets detailing the transaction fee and volume information.
• Manage projects and assign responsibilities to the appropriate teams.

Equity Derivatives Settlements (January 2013 - May 2014)

Team Leader

• Pre Settlement (Equity Swap/Equity Options/Interest Rate Swap/Commodity options)
• NOSTRO Investigation (Equity Swaps/Equity Options)
• Equity Cash Flow Matching (ECFM / DTCC) (Equity Swap)

Interest Rate Derivatives Confirmations (June 2011 - January 2013)

Team Leader

1) Paper Chasing 2) Economic Affirmations 3) Portfolio Reconciliation 4) DTCC trade confirmation 5) MIS

Products

1) Interest Rate Swap 2) Forward Rate agreement 3) Cross Currency Interest Rate Swap

• Manage daily operations and delivery of all processes and ensure all SLA\'s are met.
• Manage all new transitions, liaise with departments like legal, counter-parties, Middle office etc.

Retail Banking Operations - Credit Card Collections (December 2007 - June 2011)

Team Manager, span of control - 18 individuals.

• Listen to customer interaction calls and provide feedback based on customer experience.
• Conduct mock customer interaction sessions with the team on a timely basis.
• Manage new projects and process enhancements for smooth functioning.

Function: J P Morgan Credit Card Collections

Job Profile: Collecting on early stage delinquent accounts