Yug Solanki

.Operated in reconciliations and derivatives operations with a strong focus on OTC inter-dealer broker settlement, trade lifecycle management, and supporting trading teams on equity derivatives and exotic option instruments.

• Managed the trade lifecycle for equity derivatives and OTC products, including monitoring exercise/assignment events and corporate action impacts to ensure accurate settlement and position records.
• Coordinated settlement instructions with leading OTC inter-dealer brokers to ensure timely invoice settlement and reduce processing time, maintaining tight settlement windows for trading counterparties.
• Collaborated closely with trading desks to support derivatives trading workflows, provide front-office liaison for breaks and exceptions in trade lifecycle.
• Acquired in-depth knowledge of option strategies used by large investment banks for hedging, speculation, and arbitrage; utilized this understanding to enhance reconciliations and prioritize settlement processes.
• Established and upheld reconciliation controls, exception handling, and escalation workflows to bolster operational risk management and mitigate settlement-related exposures.
• Collaborated with custody banks and traders to investigate and resolve breaks and inquiries promptly, enhancing coordination between operations and front-office execution.
• Working in the Cash Equities domain, supporting static data and gaining exposure to equity instruments and associated business workflows within an investment bank.
• Developed understanding of receivables and payables processes, including various fee types, fee calculations, billing mechanisms, and how investment banks recognize and collect revenues.