Vijayakumar Palanisamy
Coimbatore
Summary
Financial Services professional with extensive background and 12+ years of experience in various business operations (Custody, Clearing & settlement, Stock Broking & Investment Banking and Reconciliations). Supervise daily operations and organizations. Strong competencies for addressing operational issues and concerns quickly. Determines staffing requirements, work assignments and schedules for new business on-boarding. Excellent skills in hiring and recruiting to develop high-performing teams. A certified professional in UK & Indian Capital markets, able to understand and deal with various financial products and have strong product and industry knowledge.
Overview
14
14
years of professional experience
1
1
Certification
Work History
Operations Associate Manager
State Street HCL Services India Pvt Ltd
Coimbatore
03.2015 - Current
- Handling 30+ member Collateral reconciliations and resolutions team
- Review reconciliation activity between State Street accounting records against counterparties (brokers/investment managers) for FX Forwards, Collateral, Cash and Position products etc.,
- Investigating margin calls processing for collateral breaks
- Being part of Critical Client remediation plan and leading discrepancy calls with various stake holders
- Handling MIS reporting to management and oversight teams
- Helped team members maintain business professionalism by training each on methods for delivering exceptional service to business teams and Clients.
- Enhanced employee management by developing schedules and taught employees how to collaborate on daily job tasks and achieve service targets.
- Leveraged fair evaluation processes, employee reviews and staff mentoring to drive performance and job satisfaction at all levels.
- Spearheaded daily staff meetings to identify improvement strategies, discuss policy updates and facilitate open communication.
- Evaluated current operational strategies and recommend improvements on New Business on-boarding and ensuring smooth processing to meet SLA
- Supervised operations team to support operational excellence and excellent service to Clients by maintaining control documents to oversee, managing daily BAU & BCP Planning
- Assisting in preparation of audit packs and addressing queries from auditors
- Performed manual BUAT for Recon automation in Excel Macros through various projects.
- Handling transformations projects with business stake holders and with development teams on TLP migration of manual recons.
- Handling Flat file analysis and BUAT and PROD parallel on TLP migration projects.
- Develop & sustain relationships with customers to proactively enhance customer service levels and resolve service issues
Senior Analyst
Wipro Ltd, Chennai
Chennai
02.2012 - 02.2015
- Experience in Investment banking Static Data maintenance, Global Reference Data, SSI Maintenance and creation, Account maintenance and creation, AML/KYC/Product Compliance and validation and enrichment for (booked trades) Transaction Monitoring, UAT testing.
- Responsible for various type of domain training in Global reference data.
- Training New Hires and Error Analysis of mistakes committed by analysts.
- Creation, Maintenance and amendments of Standard Settlement Instructions to facilitate trade for FX, Derivatives, Money Markets, Collateral's and Loans.
- Setting up Standard Settlement Instructions for FX all, PB clients for gross & netting trades from Alert, Broadcast
- Aware of MT103, MT202/103, and MT202 formats of Payments.
- Reconciliation of trade data on daily basis in-order to prioritize settlement process.
- Also responsible for handling operations and delivery on all performance indexes.
- Involved in different activities of project such as information gathering, analyzing it, and documenting business / knowledge transfers.
- Discovered root causes of problems and identified appropriate solutions.
- Performing Call back with client to validate Standard Settlement Instructions.
- Worked on Application such as GBS, FISS, Devon, SUMMIT, Murex, Bloomberg, Augeo, CP Trader, Global 1, Memphis, Counterparty Viewer, BARXFXTS, Trident.
Associate Client Servicing
Kotak Securities Ltd
Coimbatore
07.2010 - 01.2012
- Equity Dealer; Managed over 50 + client portfolios in various equity investments like cash and derivatives instruments.
- Established active communications with customers, confirming full understanding before addressing concerns and delivered services within specific timeframes.
- Participated in continuous improvement by generating suggestions, engaging in problem-solving activities to support teamwork.
- Proved successful working within tight deadlines and fast-paced atmosphere.
Internet Researcher
365 Media Ltd
Coimbatore
06.2007 - 07.2008
- Data abstraction & modulation, content update and to provide complex database solutions to publishing houses for improved directory and catalogue management.
Quality Controller
Neurotronix Systems India (P) Ltd
Coimbatore
04.2006 - 05.2007
- Assisting Quality related activities such as Production Quality Reporting for Low Tension Switch Gear panels (PCC/MCC Panel Boards).
Education
MBA - Finance
Anna University Coimbatore
Coimbatore03.2010
Bachelor of Engineering - Electronics & Communications Engineering
Maharaja Engineering College
Coimbatore04.2005
Skills
- Hedge Fund, Derivatives
- CISI certified financial market professional
- Records Organization and Management
- Hiring and Onboarding
- Operational Excellence
- Performance Monitoring and Evaluation
- MCH, Bloomberg, TLM, TLP View, Ariel
- Process development and streamlining
Accomplishments
- Used Microsoft Excel to develop inventory tracking spreadsheets.
- Assisted to create VBA macros for various business requirements
- Collaborated with team members in the development of various reportings using Power query
- Involved in various analysis of static data in transformations of manual recons to TLP
- Resolved product issue through various BUAT testing on TLP and Ariel
- Received O-INFINITY AWARD for outstanding performance for Three consecutive years in HCL Achievers League.
- Nominated as certified member of Interview Panel
- Have completed CISI – IOC certification in SSHCL under the program
Certification
- Certified CISI - Chartered Institute for Securities & Investment UK professional
- NCFM certifications
Additional Information
Applications - Bloomberg, TLM & PLM, TLP, TLP View, Power Query, Excel VBA macros
Personal Details
Date of Birth : 31 May
Gender : Male
Nationality : Indian
Languages Known : English, Tamil
Permanent Address : 15/14A, Shakthi Nagar, Vivekanandha Street, Uppilipalayam Post, Coimbatore.
Willing to Relocate : Yes
Timeline
Operations Associate Manager
State Street HCL Services India Pvt Ltd
03.2015 - Current
Senior Analyst
Wipro Ltd, Chennai
02.2012 - 02.2015
Associate Client Servicing
Kotak Securities Ltd
07.2010 - 01.2012
Internet Researcher
365 Media Ltd
06.2007 - 07.2008
Quality Controller
Neurotronix Systems India (P) Ltd
04.2006 - 05.2007
MBA - Finance
Anna University Coimbatore
Bachelor of Engineering - Electronics & Communications Engineering
Maharaja Engineering College
- Certified CISI - Chartered Institute for Securities & Investment UK professional
- NCFM certifications
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