sadiq Machincheri, FX Dealer

sadiq Machincheri

FX Dealer

ICM Capital

Location
United Arab Emirates - Dubai
Education
Master's degree, Finance
Experience
10 years, 7 Months

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Work Experience

Total years of experience :10 years, 7 Months

FX Dealer at ICM Capital
  • United Arab Emirates
  • My current job since July 2018

Identify all FX related technical issues clients face, and
escalating to our technical team if necessary, liaise with both
the bridge provider and risk manager to spot any potential
risk.
▪ Applying effective risk management in order to manage and
mitigate company's exposures.
▪ Monitoring client trading activity in order to spot risky
actions or other fraudulent activity.
▪ Profiling client’s basis on their trading style.
▪ Business Intelligence reports in order to evaluate products
profitability and client’s performance.
▪ Monitoring the Dealing Room IT system and ensure their
proper function (price feeding, products specifications).
▪ Review and revision of trading terms.
▪ Generate profitability reports on daily basis.
▪ Testing of new products (platforms or financial instruments)
▪ Resolving trading related client complaints.

Treasury Dealer at Al Ansari Exchange
  • United Arab Emirates
  • December 2014 to December 2018

Covering FX from various international
markets depends on requirements as well as RECONCILING
with them to resolve any issues in mismatch in account
balance.
▪ Booking deals in the direct live market on Thomson Reuters
Desk working with banks/financial institutions and corporate
clients.
▪ Apply Cover and hedge processes (Buying and selling
currencies) through SAXO Investment Bank.
▪ Funding the USD account with enough local currencies to
ensure smooth operations.
• Extensive experience on dealing with India, Pakistan, Srilanka Philippine & Indonesian
Banks.
• Proficient in dealing with Banks in UAE- Mashreq & ADCB for buying major currencies via
their platform.
• Funding the USD account with enough local currencies to ensure smooth operations.
• Dealing with banks on Cash, Tom and Spot value dates and authorizing the deals and
sending Deal confirmations.
• Preparation of rate sheets and fixing of rates for the branches.
• Leading trading operations through online and telephonic trading; monitoring price
quotations to firm’s branches.
• Preparing of SWIFT messages on clients requirements.
• Resolving various queries of Internal Teams, Dealers, Counterparties, Custodian and
Internal & External Auditors and providing the required data.
• Checks on Export and import of shipment of currencies with counter parties.

Investment Analyst
  • India
  • November 2013 to August 2014

State Street Global Advisors (SSgA) is the investment management division of State Street
• Corporation and the world’s third largest asset manager, with more than $2.4 trillion USD
in assets under management. The company services financial clients by creating and
managing investment strategies for businesses, corporations, associations, governments
and educational institutions.
• SSgA employs 2, 400 people in 25 locations around the world
DUTIES AND RESPONSIBILITIES

• Worked as

Education

Master's degree, Finance
  • at Krupanidhi B School
  • January 2013

-

Bachelor's degree, Finance
  • at Krupanidhi B School
  • January 2011

courses: PA First Grade-Mangalore

Specialties & Skills

Commodities
Derivatives
Equity Trading
FX Trading
CUSTOMER RELATIONS
FINANCIAL
BALANCE
BUSINESS INTELLIGENCE
DEALER ROOMS
MARKETING
PROCESS ENGINEERING
RECONCILING
REUTERS
RISK MANAGEMENT

Social Profiles

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Indonesian
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