Chetna Trivedi
Summary
Investment Banking professional with 9 years of experience in Middle and Back-office process. Great insight for all areas of trade life cycle and manage operational risk with proven ability to achieve all business objectives in a high-paced, multitasking and changing environment. Possess strong analytical and problem-solving skills essential in handling client’s requirements and satisfaction.
Overview
10
10
years of professional experience
Work History
Fund and Life Operations Analyst
Mediolanum Irish Operations
07.2022 - Current
- Provide a wide range of trade support. Processing the whole settlement and cash movement process across a wide range of asset classes and markets. (FX, FI, Equities, OTCs, Bonds, ETF, ETD, etc)
- Liaising with custodian to work on unmatched and failed trades to settle in time.
- Settle coupons/ upfront fee with help of BBG for OTC products like IRS/TRS/CDX etc.
- Responsible for pre-matching, confirmation/affirmation of all the trades with brokers.
- Familiar with CTM, FXALL, MarkIT Wire, ALERT, TradeServ, DTCC, Tri-Resolve portals.
- Responsible for trade, position, and cash reconciliations, investigating and resolving breaks as appropriate.
- Responsible for trade event monitoring, processing and verification including booking of swap resets and close-outs are in line.
- Setup new broker, funds, custodian in our OMS system.
- Taking action on corporate action as advised by PM’s.
- Oversight of collateral process with our collateral administrator to ensure collateral management process is running smoothly by reviewing MTM/ Balances, dispute report and approving margin payments.
- Point of contact for all the queries and requirement for internal and external teams.
- Coach and mentor new joiners.
- Assist the team to advise on any issues in absence of my manager.
- Updating commission and market fee in system for auto calculation and avoid mismatch on trades.
- Responsible for security lending process and liaising with our agents.
- Responsible for monitoring proxy voting process.
- Claim/CRDS settlement on late settled trade and FXs.
- Updating SOPs regularly for cross training.
- Responsible for providing various regulatory reports in a timely and accurate manner for EMIR, MiFID
- Strong computer skills, MS excel (Vlookup/pvot etc), can manipulate set of data and simply manual excel tasks.
Senior Associate – OTC Derivatives Operations
BNP Paribas India
09.2017 - 12.2021
- Perform monthly and daily trade life cycle activities of OTC Derivatives in accordance with the Credit Support Annexure (CSA) and policies for European and Asian clients.
- Onboarding new client accounts, static update and customize services as per client requirements.
- Monitor data feeds and pre margin call issuance checks to ensure they are performed in line with the SLA’s.
- Determine eligible securities for use in agreeing demands, administer process to deliver and exchange securities in accordance with client’s eligibility rule.
- Data quality control, creation of indicators, their analysis and return to the regulator or the appropriate teams at the bank.
- Review the breaks and disputes done by the team to ensure prompt investigation and escalate if required
- Assist the team on complex issues raised by client, custodians, counterparts and internal teams.
- Point of contact for all OTC related queries for client and brokers.
- Liaise with IT to test and implement the development to resolve day-to-day IT issues.
- Settlement of the monthly interest process with brokers.
- Settlement of coupons on securities and managing corporate action events.
- Preparing KPI, KRI and MIS reports for management.
- Processing clearing files, settling monthly clearing broker, and clearing house fees.
- Part of client and management calls to give feedback on issues and provide resolutions.
- Received spot and quarterly awards for continuous excellent performance and team player.
- Fulfillment of audit confirmation requests by clients and auditors in a timely manner within the firm service level agreement.
- Worked on UAT projects of new development for account setup and implemented the same on production which saved BAU time by 20%
Senior Associate – OTC Derivatives Operations
SS&C GlobeOp Financial Services Ltd
10.2014 - 09.2017
- OTC operations for clients (Hedge Funds) for ISDA and ISMA Governed OTC trades for multiple clients across globe.
- Processing trades in market after verifying and confirming with brokers.
- Ensure settlement of trades (Equities, ETFs, Derivatives and Bonds) before market deadlines via SWIFTS, FAX, and FTP.
- Settlement of cashflows like, upfront fee, novation, termination and CDS rolls.
- Making SWIFT payments to settle daily transactions, set-up of new SSI accounts, tracking SWIFT messages for cash fails and IMAD (in case of securities fails).
- Performing reconciliations to check if funds have been paid and received, minimizing the cash breaks to increase the accuracy of P&L statements.
- Keep a track on exposure report on daily basis and report any unusual exposure to client and risk team.
- Instructing security movements on Tri Party portals like BONY, JPM, EUROCLEAR and ensure all the moves are settled before end of the day.
- Preparing daily MIS report covering the MTM exposure, Initial margin, VaR margin, Thresholds, calls agreed, making dispute report for client which helps them to prepare their risk reports.
- Settlement of the monthly interest settlement of the collateral held and posted with/to the counterparties and confirmation of balances held by counterparties and provide reconciliation for finalizing NAV.
Education
MBA - Masters of Commerce
University of Mumbai
Mumbai2016
Certified Investment Banking Ops Professional -
Imarticus Learning
Mumbai2014
Bachelor of Commerce - Financial Markets
L. S. Raheja College of Arts & Commerce
Mumbai2014
Skills
● Good knowledge of Microsoft office applications
● Exposure to end to end trade life cycle (FX, FI, Equities, OTC Derivatives, Bonds, ETF, ETD)
● Ability to put forward constructive feedback on cases and issues
● Ability to identify possible risk and escalate, when necessary, who to keep informed for appropriate next steps / resolution
● Efficiently able to organize workload to meet strict deadlines
● Flexible in a continuously changing business environment
● Efficiently able to work individually or as a part of team
● Quick learner and ability to adapt changes
Timeline
Fund and Life Operations Analyst
Mediolanum Irish Operations
07.2022 - Current
Senior Associate – OTC Derivatives Operations
BNP Paribas India
09.2017 - 12.2021
Senior Associate – OTC Derivatives Operations
SS&C GlobeOp Financial Services Ltd
10.2014 - 09.2017
MBA - Masters of Commerce
University of Mumbai
Certified Investment Banking Ops Professional -
Imarticus Learning
Bachelor of Commerce - Financial Markets
L. S. Raheja College of Arts & Commerce
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