Amit Gupta

Work History

Specialist

State Street HCL, Coimbatore

11.2017

Ensure settlement of client and Broker collateral in the form of Security and Cash happens • on Value Date.
Settlement of Collateral Substitution for cash and stock.
Ensure substitution of maturing securities. Accountable for the movement of pledged securities to Broker back to Client's account.
Root Cause Analysis of the Settlement fails for securities and cash.
Setup of governance calls with Broker and custodians on the root cause Analysis of Fails report.
Reconciliation of Derivative products and collateral movements in Tri-optima application for client.
Research on all disputed margin calls by Broker, to identify the root cause and work with internal teams and brokers to fix the break, in case of no gaps we will push broker to agree to our collateral call.
Manage relationship between onsite team and HUB on daily and weekly calls.

Subject Matter Expert

BNP Paribas, Chennai

10.2014 - 08.2017

Matching the trade via CTM and manually at block and the allocation level with Broker.
As part of settlement Tracker for Securities, ensured all the Trade Instructions (MT541, MT43) are matched with Broker before market cut-off in the market.
Identify the issue and discrepancy of the failing trades from fail trade management queue. Ensure the falling trades settles at the earliest without any financial impact or claims.
Ensured settlements Inx (MT541, MT543) are release to the correct SSIs. Client’s account to have sufficient cash and stock positions on value date.
Reconciliation of cash and stock breaks and validate if there is any discrepancies in the settlement amount or to investigate if there is any statement and cash missing from the counter party side.
Ensure workflows are cleared timely and escalated risk items timely to management.
Investigation of Break caused due to the non-receipt of funds from Broker & vice-versa, corporate action, income repatriation, incorrect Settlement of cash payments (Forex).
Ensure NDF and CLS settlements and reconciliation.
Ensure settlement of high value Forex payments with zero fails during the tenure.
Cross trained self and the team for proper back up and monitoring training process for new joiners.
Successfully migrated the Failed Trade Reporting from Singapore Spoke location to Chennai HUB location.
Played a key role in migration of Money Market Instruments from Glasgow to Chennai.
Had a successful implementation of INR Bond static set-up for matching & settlement for the newly on boarded client.
Automation of CNY/CNH posting by a strategic fix which helped team to evade all errors done through
manual posting.

Analyst

Australia & New Zealand Banking Group, Bangalore

11.2012 - 05.2014

Performed the duties of completing property settlements achieving 200 percent of daily productivity.
Provided confirmation to the Brokers and solicitors like confirmation of funds available for settlement.
Reconciling the customers saving and current accounts in case of shortfall or surplus of funds after the settlement.
Responsibilities of making proper arrangement of external refinance transactions.
Calculates input fees like registration costs, First home owners grant and Government Stamps.
Have done timely and effective escalations to resolve queries.

Summary

Overview

Work History

<p>Specialist</p> <p></p>

<p>Subject Matter Expert</p> <p></p>

<p>Analyst</p> <p></p>

Education

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Skills

Software

Certification

Timeline

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