Download PDF

Work experience

Oct 2013Present

Associate Director

CLSA Private LTD

Accountable for European Equity Business operations including project and general management
Maintaining and Establishing relationship with various stake holders like Traders, Middle Office, HR, Administration,Risk and Controls, Asset Services , Treasury, Agent Banks, Finance, Compliance, IT, Change Management and Clients
Core functions are Prematching, Settlements, Fails and Reconciliation of Equity, fixed income and derivative (P Note) products
Ensuring all regulatory standards are met by regular risk review of the process
Leading and delivering mutiple industry wide projects
Hiring, appraising and nurturing staff
Agent Bank monthly billing reconcilation and negotiation worth USD 1 mm each month

Co-operating annual external ,internal audit and BCP planning

Bi-monthly one to one with all staff to design retention policies

Bi-weekly video conference with Singapore stake holders and customer Bloomberg Tradeebook

Designing future strategy of the department as per new products and Business

Jun 2012Oct 2013

Assistant Vice President

Barclays Shared Services PVT LTD

Responsible for the day to day management of one or more settlement teams covering a mix of Equity products and processes across EMA markets.
Monitoring various settlement systems on an exception-driven basis, liaising with brokers, agent banks, third party custodians and internal departments in order to resolve discrepancies and unmatched instructions.
The teams are also responsible for monitoring and managing fails, inventory management, analyzing and resolving cash and stock positions and ensuring Straight through Processing (STP) levels are maintained at relevant expected benchmarks.
Monitoring settlement of all Equity New Issues where Barclays is book runner or a lead manager.
Providing ad hoc information to key stakeholders and will take responsibility for providing relevant management information (MI) to senior management.
Build strong cross departmental relationships and ensure all risk and control functions are adhered to.
Identify process improvements and synergies on an ongoing basis and will liaise with subject matter experts (SMEs) on project enhancement for existing and new markets and will monitor trends.
Lead the team in improving the Straight through Processing (STP) rate by identifying the root cause of exceptions and driving out inefficiencies from the business.
Stretching objectives for self and team and deliver against those objectives.
Lead, motivate, and develop teams to create a high performance culture and enhance the knowledge base, skills, talent and capability.
Demonstrate effective use of performance development, share best practice, identify successors and develop a culture of coaching and development.
Communicate progress against plans, achievements, and challenges and encourage feedback in addition to ensuring that the teams have the correct training and tools to undertake their duties to the highest standards, delivering a world class service to Barclays’ clients.
Manage Team Managers and their day to day activities, ensuring that they are completed accurately in a timely manner and adhere to Compliance standards.
Responsible for fostering a strong risk management culture within the team and driving regular team meetings and Skips to ensure collective learning and development.
Provide leadership for the team and is responsible for performance measurement of the team that can include carrying out 1:1’s, preparing people development plans, conducting performance appraisals, providing ongoing feedback.
Counsel team members as needed and maintain high levels of motivation among the team.
Design, implement and lead all or select aspects of change and project based activities both managed within the business or by external change teams.
Release of various swift messages like MT199,MT202,MT103,MT199,MT299.
Payment processing for various currencies as per deadline and following up with various agent banks.

Nov 2007Jun 2012


Deutsche Bank Operation International Limited

Manage a Team of 15 professional responsible for smooth Settlement of Cash/Repo trades for Government and corporate bonds based on Fixed Income,Equity,Rates,Money Market Instrument, Derivatives and Swap Desk in US DTC, Fedwire and Euroclear Markets for DB LDN and Frankfurt Entities.
Partnered successfully with Onshore, Near shore, Tier1 Client Service Team, Front Office, Middle Office, Sales/trade support and reconciliation to reduce Financial, reputational and regulatory risk by reducing fails and Nostro, Stock Breaks.
Active participation in various organizational needs like recruiting, training, conducting monthly 1 to 1, mid year and annual appraisal with team members about their performance and prepare a development plan wherever required
Worked with engineering department to launch first-to-market back-office automated solution for settlement of trades and reduction in claims. Handling day to day people management issues and ensuring that all the activities of the team are completed as per checklist ,SLAs KPI norms, Market and Currency Deadlines

Consistent record of improving productivity, reducing cost and resolving complex Business Issues

Mar 2005Nov 2007

Senior Processing Officer

Citigroup Global Services Private Limited

Preparation, Audit and Quality check of mortgage documents as per state rules and regulations & federal laws pertained to US Mortgages
Calculation of lien which client wants to write-off
To check rates as per prime for Consumer, Broker and CBNA channels.
To review US mortgage documents like customer’s application, title report, flood and hazard insurance policies, payoff statements, appraisal report and credit bureau reports
To conduct refreshers and training programs for new recruits for quality improvement
Consistent performer in providing quality and productivity
Overall responsibility for assisting supervisor in day-today supervisory functions in addition to achieving daily productivity and quality targets.

Jan 2004Mar 2005


Datamatics Financial Services Limited

Scrutiny of different Letter of credit, Bills of exchange of different banks and Bill of lading, Airway bill of shipping companies under UCPDC 500 norms.
Maintaining data, posting journal entries of transactions.
Interaction with client through e-mail and phone for solving discrepancies and queries.
Preparing and sending daily EOD reports to client.
Designed Training manual for the process.


Apr 2002

Bachaelor of commerce

Mumbai University

Graduate in Accounts and Economics field


German Languague

A2 level certificate of German language from Max Muller Bhavan Pune

Risk management processes and analysis

Constant review of risk by challangin the proces from various aspects

Complex problem resolution

Resolved and led complex business resolutions on multiple ocassions

Cross-functional team management

Managed cross function investment banking teams