Viraj Vaity
Summary
Business Analyst with experience across investment banking, capital markets, regulatory reporting, change management, product control, and trade operations, currently supporting global regulatory change initiatives for OTC derivatives collateral reporting across APAC, EMEA, and North America. Skilled in requirements elicitation, data analysis, data lineage, booking model validation, SQL-based reconciliation, Agile delivery, and UAT. Partners with Business, Compliance, Risk, Operations, and Technology stakeholders to translate business and regulatory requirements into functional solutions and support implementation and go-live.
Overview
1
1
Certification
11
11
years of professional experience
Work History
Business Analyst
Morgan Stanley
03.2021 - Current
- Support global collateral regulatory remediation, enhancement, and regulatory rewrite initiatives for OTC derivatives across APAC (ASIC, MAS, HKMA, JFSA), EMEA (ESMA, FCA), and North America (CSA, CFTC), contributing to reporting accuracy, data quality, and regulatory compliance; previously supported trade eligibility analysis for ASIC and MAS reporting.
- Elicit and document business and functional requirements through BRDs, FRDs, user stories, acceptance criteria, and process flows using Draw.io / Visio, partnering with Business, Compliance, Operations, Risk, Technology, and Project Managers on impact assessments, functional analysis, and requirements traceability.
- Perform SQL and Snowflake-based data extraction, reconciliation, and XML/XPath validation to investigate reporting exceptions, analyze data quality issues, perform root cause analysis, and validate regulatory reporting outcomes.
- Assess downstream reporting impacts through data lineage analysis, booking model validation, and field-level gap analysis, identifying affected data flows and supporting functional solution design for regulatory change across multiple jurisdictions.
- Help define and implement pre-submission validation controls for reporting format and data completeness, identifying issues before external DTCC submission and improving reporting quality and control effectiveness.
- Support project delivery through feasibility assessments, effort estimation, solution discussions, backlog refinement, requirement prioritisation, and sprint planning; work with Project Managers and stakeholders to track delivery milestones, dependencies, priorities, and target timelines through JIRA.
- Coordinate functional testing and UAT, including test pack and scenario preparation, functional and regression testing, defect tracking, data validation, stakeholder sign-off, and PPF validation; perform post-go-live validation using SQL and data analysis to reconcile production results and investigate reporting issues.
- Incorporate AI-assisted delivery into requirements analysis and JIRA story development using Claude in VS Code and iterative prompt refinement, reducing manual drafting effort and improving consistency; also support legacy reporting platform migration through impact assessment, data mapping, reconciliation, parallel-run validation, and post-implementation checks.
Product Control Analyst (Nomura)
Affluent Global Services Pvt. Ltd.
01.2020 - 09.2020
- Produced and validated daily P&L reports for Fixed Income and Derivatives trading desks covering CDS, Interest Rate Swaps, and Options.
- Performed P&L attribution analysis, breaking down movements across market factors including interest rates, volatility, and time decay, and delivered daily commentary to traders and control functions.
- Completed month-end reconciliations, investigated P&L and balance sheet breaks, and resolved reporting discrepancies to ensure accuracy in financial reporting.
- Reviewed P&L outputs and supported junior analysts, maintaining reporting quality, governance, and control standards.
Finance Associate
State Street Syntel Services Pvt. Ltd.
07.2017 - 03.2019
- Supported fund operations across fund and sub-fund structures, including trade processing, security position reporting, trade amendments, and settlements.
- Processed trades, cash, and repo borrow transactions into the client system (RKS), ensuring accurate daily security position reporting.
- Prepared client reports, trade confirmations, and audit materials, ensuring accuracy and timely delivery of investment-services reporting.
- Performed trade reconciliations and resolved breaks with custody teams, coordinating with Investigation, Data, and Settlements teams to investigate and resolve exceptions.
- Created SOPs and supported knowledge transfer by training new team members on operational processes and controls.
Operations Executive (Accounts)
Intelenet Global Services Pvt. Ltd.
04.2016 - 04.2017
- Managed daily accounting operations and reconciliations for 150+ invoices, ensuring accuracy and timely processing to support operational efficiency.
- Prepared detailed reports and resolved invoice discrepancies, enhancing accuracy in internal accounting systems.
Education
Bachelors of Management Studies -
Mumbai University
Skills
- Business Analysis & Requirements Elicitation
- Stakeholder Engagement & Cross-functional Collaboration
- Regulatory Reporting & Change Management
- BRD / FRD & Process Mapping
- Agile Delivery, Sprint Planning & JIRA
- Capital Markets — OTC Derivatives & Trade Lifecycle
- Product Control & Financial Reconciliation
- UAT & Defect Management
- SQL & Data Analysis
- Data Lineage & Booking Model Validation
Certification
- CFA Level I Passed — CFA Institute (USA)
- Certified Financial Planner (CFP) — Financial Planning Standards Board (India)
- Agile Business Analysis — LinkedIn Learning
Accomplishments
- 'Spotlight' Award — Morgan Stanley (2024 & 2025)
- 'Titan of the Month' — State Street Syntel (2018)
- 'Best Contributor for the Team' — Intelenet Global Services (2016)
Timeline
Business Analyst
Morgan Stanley
03.2021 - Current
Product Control Analyst (Nomura)
Affluent Global Services Pvt. Ltd.
01.2020 - 09.2020
Finance Associate
State Street Syntel Services Pvt. Ltd.
07.2017 - 03.2019
Operations Executive (Accounts)
Intelenet Global Services Pvt. Ltd.
04.2016 - 04.2017
Bachelors of Management Studies -
Mumbai University