Amit Gupta
Specialist
1529, South End B Cross, 3rd Phase, JP Nagar, Bangalore, Karnataka-560078
Summary
Efficient individual with over 3.6 years of experience in operational support, Trade confirmation, Settlement and Reconciliation for Securities, Forex and Money Market at larger Investment Banks. Experience in corporate banking as a mortgages settlements & reconciliation analyst for 1.6 years. By focusing on Effort, Time and Cost helped team management to reduce 1 FTE task in an investment Banking operation.
Overview
5
5
years of professional experience
5
5
years of post-secondary education
3
3
Certifications
3
3
Languages
Work History
<p>Specialist</p> <p></p>
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.
<p>Subject Matter Expert</p> <p></p>
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.
<p>Analyst</p> <p></p>
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.
Education
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05.2010 - 03.2012
Christ University - Bangalore
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06.2007 - 03.2010
Amity Business School - Lucknow
Skills
Extensive investment banking operations experience In depth knowledge of investment banking processes and Operations
Microsoft Office suite
Proficient in Business Analysis and Global Stakeholder Management
Good organizational skills with ability to perform well under pressure and manage multiple priorities
Ability to pay close attention to detail, multi-task, and coordinate various activities simultaneously
Good oral and written communication skills, able to communicate, interact effectively with people at all levels
Strong track record of execution and results, high level of drive to meet deadlines and targets
Cash and Stock reconciliation
Understanding of different payment techniques and methods related to banking and trading transactions
Software
Certification
Business Analysis Certification program
Timeline
Business Analysis Certification program
02-2018
Specialist
- State Street HCL, Coimbatore
11.2017
Subject Matter Expert
- BNP Paribas, Chennai
10.2014 - 08.2017
Certified Investment Banking operations professional program
08-2014
Analyst
- Australia & New Zealand Banking Group, Bangalore
11.2012 - 05.2014
Advance Excel
03-2011
Master of Business Administration
- ,
05.2010 - 03.2012
Bachelor of Business Administration - ,
06.2007 - 03.2010