Srikanth Lakshmikanthan
Seasoned Investment Banker - Operations
Chennai
Summary
As a seasoned investment banking expert, I bring 16+ years of dedicated experience to the table, with a particular focus on project management and strategic leadership. My career is marked by a proven track record of delivering intricate solutions in high-pressure environments and a commitment to driving organizational excellence.
With a solid educational foundation, holding an MSc in Finance from Manchester Business School, UK and MBA from Sathyabama University, India. Currently, I am enriching my skill set through the PMP Plus Master’s Program, which encompasses PMP, RMP, Agile, and Lean methodologies
Overview
20
20
years of professional experience
6
6
years of post-secondary education
Work History
Vice President of Operations
State Street India Pvt Ltd
07.2024 - Current
- Managing over 150+ FTE across 6 teams handling Manual Fax Screening, trade capture, pre-NAV activities, Client and Stakeholder escalation desk
- Manage claims and escalation calls with respective region SVP's and other stakeholders
- Establish SOP Tracker with Version control to evidence process documentation at key stroke level for Maker and Reviewer
- Responsible for building and maintaining SLA, KPI and KPI's, propose appropriate changes and submit for sign off by various stake holders
- Establish Baselining models (Right Sizing of FTE) for process performance and productivity and monitoring the same during transition using time and motion studies
- Lead and participate in project management starting from planning, project governance, due diligence, scope management, budgeting, team structuring, resourcing, infrastructure, logistics, process model, implementation and reporting, Bi-weekly governance and business town hall
- Oversaw and executed Business Continuity Plans strategies including location swap exercises, yearly BCP testing for my cluster across the globe, ensuring operational resilience and minimizing risk during business diruptions
Associate General Manager
State Street HCL India Pvt. Ltd.
10.2022 - 06.2024
- Lead and Managed over 250+ FTE's across 6 teams in Transaction Services.
- Maintained clean and well-organized process areas to avoid violations or unnecessary work delays due to inefficient steps in process. Including and not restricted ot updating of SOP, KPI definition and monitoring.
- Improved overall team performance by implementing strategic management initiatives and fostering a collaborative work environment.
- Prepared, calibrated and monitored production levels to achieve greater client satisfaction and settlement rate.
- Managed Internal and External audits with Zero Findings and achieved Satisfactory ratings, demonstrating strong Compliance, attention to details, and effective risk management practices.
- Collaborated with senior leadership to develop organizational strategies that aligned with company goals and objectives.
Group Manager
State Street HCL India Pvt. Ltd.
10.2020 - 10.2022
- Managing over 250+ FTE's across 6 teams currently
- Maintained clean and well-organized process areas to avoid violations or unnecessary work delays due to inefficient steps in process
- Prepared, calibrated and monitored production levels to achieve greater client satisfaction and settlement rate
- Reviewed daily requirements and forecasts and delegated work for optimal coverage
- Reorganized and enhanced employee training to close knowledge gaps and boost group performance
- Actively participated and implemented Automation solution to reduce risk and man hours
- Collaborated with other group managers to develop best practices for operational efficiency across departments.
Senior Manager
State Street HCL India Pvt. Ltd.
02.2018 - 10.2020
- Manage and Lead Middle office - Trade Capture/enrichment teams comprising of 195+ FTE across 4 locations in India
- Successfully transitioned process from Manila
- Managing Client Service Team, Collateral Processing and Pre-NAV Trade Verification, Trade Blotters team successfully transitioned globally
- Established strong relationships with clients and stakeholders, ensuring long-term partnerships and repeat business.
- Implemented and developed operational standards, policies and procedures.
- Manage stake holders, client communication with all process governance related, MIS reporting, BCP plans etc
- Lead in Setting up a new facility in a new location, including arranging of transfer of teams in phase to the new location without BAU impact, IT issues, logistics planning
- Lead and manage recruitment drive, FTE billing confirmation, team's performance appraisal and training the teams across location/hierarchy
- EOD checklist sign off and providing EOD hand off mails to onshore senior management
Advanced Business Analyst/Project Manager, Business Analyst
Invesco Hyderabad Pvt. Ltd
11.2014 - 02.2018
- Analyzed key aspects of business to evaluate factors driving results and summarized into presentations
- Interacted with internal customers to understand business needs and translate into requirements and project scope
- Managing projects as Project Manager, (Domain expertise) for Equity Application team and managing equity, Fixed Income, Private Equity, and Real estate related projects as SME in finance
- Handled and Managed Agile Methodology based projects in a Product Owner capacity
- Involved on business side discussion of various projects involving, equity trading application, Fixed Income, Private Equity and Real Estate
- Part of RIE event in LEAN methodology involving 10 people from Invesco across the globe
- Completed internal certification courses on AGILE, LEAN and Continuous Improvements and other leadership trainings
Assistant Manager
Karur Vysya Bank
12.2010 - 06.2012
- Managed retail banking operation of Karur Vysya Bank in Chennai
- Supervised section in International Division which handles Trade Finance related, Middle Office and Back Office function of International Forex Division
- Developed multi-tasking ability and gained knowledge in Forex Operations of retail bank
Senior Analyst
Nomura Services India Pvt. Ltd
03.2008 - 10.2010
- Designed, planned and travelled to UK (London) for US Treasuries Settlements process transition - Mid-Office and Back office operations
- Pre-matching Equity and Fixed Income trades with internal and external counter-parties including various investment bankers, Brokers, Banks and Stock Exchanges
- Transitioned and managed middle office and back office operations for equities and fixed income
- Trained and managed CREST, EUROCLEAR, DTC, US Treasuries and Stock Lending (SBL) settlements
Senior Analyst
Wipro India Pvt. Ltd
06.2007 - 02.2008
- Managed and planned the migration of EMEA Equity Clearing and Settlement process from Hong Kong to India
- Responsible for the Pre-matching and instructing of Equity trades for UBS Bank
- Reduced Nostro/Depot breaks by reconciling the same on a day to day basis and resulted in prompt reconciliation and reduced breaks by 10%
Senior Financial Analyst
Global Realty Outsourcing, Capital Market Group
06.2005 - 08.2006
- Re-underwriting of Real estate portfolio for securitization in US market
- Streamlined and Supervised Valuation, reviewing of properties mortgaged by leading financial institutions for securitization by various investment banks in US
Officer Trainee
ABN AMRO Central Enterprise Services
07.2004 - 05.2005
- Successfully migrated reconciliation for 16 APAC countries to India
- Handled and supervised preparation of all migration documents like Standard Operating Procedures, Error Manual
Education
MSc - Finance
Manchester Business School. University of Manchester
Manchester, United Kingdom 09.2012 - 12.2013
Master of Business Administration -
Sathyabama Institute of Science And Technology
Chennai, India 01.2002 - 01.2004
Bachelor of Commerce (B Com) - Commerce
Loyola College, University of Madras
Chennai, India 01.1999 - 01.2002
Skills
Strategic planning and execution
Operations management
Leadership training
Workforce planning
Organizational development
Process improvements
Succession planning
Operations oversight
Excellent communication
Team collaboration
Staff management
Team building
Effective leader
Personal Information
Date of Birth: 13-Feb
Additionalinformation - Passport
Available
Timeline
Vice President of Operations
State Street India Pvt Ltd
07.2024 - Current
Associate General Manager
State Street HCL India Pvt. Ltd.
10.2022 - 06.2024
Group Manager
State Street HCL India Pvt. Ltd.
10.2020 - 10.2022
Senior Manager
State Street HCL India Pvt. Ltd.
02.2018 - 10.2020
Advanced Business Analyst/Project Manager, Business Analyst
Invesco Hyderabad Pvt. Ltd
11.2014 - 02.2018
MSc - Finance
Manchester Business School. University of Manchester
09.2012 - 12.2013
Assistant Manager
Karur Vysya Bank
12.2010 - 06.2012
Senior Analyst
Nomura Services India Pvt. Ltd
03.2008 - 10.2010
Senior Analyst
Wipro India Pvt. Ltd
06.2007 - 02.2008
Senior Financial Analyst
Global Realty Outsourcing, Capital Market Group
06.2005 - 08.2006
Officer Trainee
ABN AMRO Central Enterprise Services
07.2004 - 05.2005
Master of Business Administration -
Sathyabama Institute of Science And Technology
01.2002 - 01.2004
Bachelor of Commerce (B Com) - Commerce
Loyola College, University of Madras
01.1999 - 01.2002
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