Virendra Singh

• Contributed to the development of a real-time Pro Forma Segregation Computation platform for Futures Commission Merchant (FCM) operations, enabling intraday Legal Segregation Operationally Commingled (LSOC) calculations for cleared swaps and futures to support regulatory and funding requirements.

Partnered with business and technology stakeholders to automate the ingestion of cash, collateral, and profit and loss data from multiple upstream systems at regular intervals, improving data availability, calculation accuracy, and operational efficiency for segregation reporting.

• Contributed to the design and validation of Net Liquidating Value (NLV) and LSOC calculation logic, including expected vs. Settled transactions, collateral haircut treatment, and currency settlement rules, ensuring compliance with regulatory and business requirements.

• Supported the implementation of dashboard reporting and drill-down capabilities across segregation types, exchanges, and client-level views, improving transparency, monitoring, and decision-making for FCM operations and risk teams.

Currently contributing to strategic enhancements for the FCM FRAME application, partnering with business, compliance, and technology teams to implement regulatory, risk, and process improvement initiatives, reduce manual intervention, and address system limitations through scalable enhancements.

Supporting the enhancement of margin and collateral management workflows within the FCM FRAME application to enable efficient identification, review, and management of initial and variation margin requirements, collateral movements, cash wires, and SWIFT/ISO payment message processing.

• Contributing to the development of an automated LSOC funding dashboard within the FCM FRAME platform to replace manual reporting processes and provide real-time visibility of projected client funding, margin obligations, and House Residual Interest (HRI) utilization for cleared swaps margin management.

Partnering with stakeholders to define requirements, manage backlog priorities, support UAT execution, and coordinate release readiness activities across strategic FCM initiatives in Agile and Waterfall environments.

Project 1 – Data Control and Security Automation (May 2023 – Jan 2024)

Partnered with business stakeholders and end users to gather requirements, define use cases, and create mock-up workflows, ensuring requirement clarity, stakeholder alignment, and formal sign-off.

Translated business requirements into BDD-based user stories, features, and scenarios, enabling clear acceptance criteria, and improved collaboration between business, development, and testing teams.

• Owned UAT activities, including test case preparation, defect tracking, stakeholder coordination, and release validation, to support successful go-live delivery.

Project 2 – Fund Accounting / MultiFonds & Cricket Application (May 2022 – May 2023)

• Contributed as a Business Analyst for Fund Accounting initiatives, supporting business-critical platforms, including MultiFonds and the in-house reporting application, Cricket, to enable operational efficiency and business continuity.

Partnered with business stakeholders and BCM teams to identify pain points, define business requirements, and support a product vision aligned with business and regulatory objectives.

• Led requirement analysis and translated business needs into prioritized BRDs and functional requirements, ensuring stakeholder alignment, clarity, and timely approvals.

• Collaborated closely with development teams to refine requirements and support FRD preparation, ensuring functional feasibility, and successful implementation.

• Owned UAT planning and execution, including test case creation, defect triage, release validation, and business sign-off, to ensure production readiness.

• Contributed to office tools migration and change initiatives, minimizing business disruption, and supporting a smooth transition of business processes.

• Served as the functional point of contact for the Cricket application, supporting end-to-end workflows, issue resolution, and continuous process improvements.

Business Analyst – Money Market (Jan 2020 – Apr 2022)

Engaged with stakeholders and SMEs to gather requirements, support BRD/FRD preparation, conduct requirement walkthroughs, and ensure stakeholder alignment.

• Collaborated with business and technology teams to define workflows, prepare process diagrams, and presentations, and support solution delivery.

Supported testing activities, including test planning, test case reviews, defect tracking, and User Acceptance Testing (UAT), to ensure successful implementation and business readiness.

Money Market Operations / Investment Banking Domain (Apr 2015 – Jan 2020)

Managed Money Market trade settlement, reconciliation, and SWIFT payment processes across business-critical Investment Banking operations.

Partnered with the Trading Desk, Settlement, Finance, and Technology teams to investigate breaks, perform root cause analysis, resolve trade exceptions, and support process improvements, and automation initiatives.

• Contributed to reporting, control, and process efficiency initiatives to improve operational stability, and reduce reconciliation and settlement risks.

FX Reconciliation / Investment Banking Operations.

• Investigated and resolved hedge reconciliation breaks in FX reconciliation processes across global inter-branch transactions, enhancing accuracy and reliability.

• Collaborated with Trading, Front Office, Middle Office, and Back Office teams to investigate discrepancies and support trade corrections, ensuring timely issue resolution.

• Enhanced trade data accuracy and reconciliation controls through exception management and root cause analysis, contributing to process stability.