shravan kumar
Investment Banking Specialist at Wipro Bpo Solutions Limited, Mumbai- Claim this Profile
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Experience
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Investment Banking Specialist
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Wipro Bpo Solutions Limited, Mumbai
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India
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Appliances, Electrical, and Electronics Manufacturing
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1 - 100 Employee
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Senior Analyst
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May 2021 - Oct 2022
8.7 years of experience : III: Wipro (Senior analyst)> Period MAY 21 to OCT 22 (17” months) Expertise: Crest settlements, Crest SBL & Emerging settlements Description: > Mitigate trade settlement risks and avoid Buy-ins by implementing effective controls. Co-ordinate with SPG for switch and internal teams for collateral cover and update on due courses > Analyze process risks, investigate breaks and implement control points and process improvement tools. Coordinate with traders, brokers, clients and counterparties for pre-matching and trade settlements. Prepare reports on market allegiance, swaps trades and market shorts. II: State Street (Senior Associate)> Period Apr 20 to May 21 (13’’months) Expertise: DTC (US Market) Description: > Settle cash and non-cash trades in the DTC market in real-time between 8am to 3:30pm EST. Manage RAD (cash returns) and LOANR (non-cash returns) to resolve any discrepancies, compare breaks and ensure correct loan allocations are made according to SLAs. I: Wipro (Senior analyst)> Period MAR 14 to April 20 (6years) Expertise: Intercompany settlements, Wealth Management & Broker & Client pre-matching Description: > Ensured smooth flow of intercompany settlements operations for Mid Europe markets (excluding Crest) to meet Service Level Agreement. Worked on structured products for wealth management and redemptions, conducted breaks reconciliation and research and covered matched sale trades and short positions. Checked with Stock Lending & Borrowing team for borrowing and escalated to trader or trading desk to fulfill obligations. > Cross-trained for Broker match & client pre-matching and affirmed trades on T+0 for emerging markets, handled risky brokers with proper escalations and conducted root cause analysis to reduce risk. Notified trading desk about DK trades and critical D's, took SOD, MOD and EOD calls with onshore and provided daily updates on failing pre-matched trades. Show less
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