Risk and Control
Tanfeeth
Total years of experience :17 years, 3 Months
operational Risk Management
Calypso Implementation, Application migration, enhancement projects and specific end user reporting project, User acceptance testing (UAT).
Coordinate with IT for the UAT Testing for error free Calypso implication in Forex, Money market, Bond products on FI and NON FI Level.
Develop UAT Test Plan, Created and Consolidate UAT Test Cases along with helping the UA Testers to resolve their issues while doing the testing, supporting them with enough technical clarifications required to carry out the testing.
Provide operational support to global participants by responding to, analyzing and resolving inquiries on Global Treasury Operations functionality, trade capture, transmissions, submissions and confirmations (ACK, NACK), currency settlements.
Perform all routine and complex functions and handle exception processing as appropriate within guidelines defined by the management team.
Constant interaction with global clients, RTB, Technology, Application Development & Management, Business Analyst Team and Product Management.
Solving the functional and XML errors and guiding the IT and users for smoother test completion.
Identify defects through its lifecycle, document it, track them using Team Foundation Server (TFS) and verified the bugs fixes.
Review new functionalities to be deployed to the UAT environment.Brilliant experience in supporting the UAT conducted by both buy side and sell side Clients
Treasury static data testing and migration - SDI, SSI, Nostro, Vostro, currency setup.
Responsible for UAT testing on new builds in Agile environment, Validate that all requirements are covered in testing using test Matrix, Involved in the complete SDLC (Software Development Life Cycle).
Role and responsibilities : Global Shareholders Reporting - Compliance - Regulatory Reporting
Substantial shareholder disclosure
The UBS Group Shareholder Reporting Program (generally referred to as ("GSP") is a
process designed to discharge 'UBS' global obligations for reporting its global aggregated
shareholdings in accordance with regulatory and legal requirements in all relevant jurisdictions and across all Business Groups.
Active Disclosure:-
UBS has a regulatory reporting and disclosure obligations for all the reportable holdings as per the respective countries. The holdings are aggregated to analyze if a disclosure is required.
The jurisdictions that cover under GSP are: Belgium - Netherlands - German - Swiss Long/FMCH - Spain - French Analysis - UK Disclosure - Non UK Disclosures - M.E Countries - Korean Monitoring
Passive reporting:-
The issuers are entitled to request UBS for information on shares held by the client or its various legal entities and require identification of the beneficial owners of the stock.
The jurisdictions that cover under GSP are: UK long and short Section 793 and 140 South Africa - Singapore/Hong Kong Section 92 and 329 - Australia Section 672 - French Long - UBS Securities Australia Ltd
Interests requirements Substantial Shareholding report for APAC, EMEA, Singapore, Hong Kong, UK, Australia and preparing disclosures for all these regions.
Project Management and People Management:
Accountable for performance and associated risks for all activities performed within the service delivery group ensuring at a minimum all SLAs are met
Lead, motivate and manage a team of 75+ people. Responsible for recruitment, training and development, talent management and retention.
Ensure compliance to risk and control guidelines.
Active engagement in Continuous Improvement change
Account Creation & Compliance -
Creating and maintain Equity trading accounts. Using World Check & OFAC for checking trader’s criminal, financial and other back ground, check discrepancy with NO CRIME report for individual. Following KYC norms quarterly and annually. Documentation and verification and audits. Compliance auditing for business process, design and applications. Compliance reporting.
Trade Settlements -
Automatic Data Processing, Trade violations, Reconciliation of trades and P&L, Trading Blotter reconciliation, Risk Manager Adjustments, and Trade Life Cycle.
Trade operations -
Trade Brake, Trade Burst, Trade Capture, Trade aggregation. Position reconciliation, Vendor Management
Narratives -
Suspicious activity report (SAR), Trade surveillance, Analyzing trading strategies-layering, spoofing, Rebate, Compliance reports, Risk Review, Identifying fraud trading, HWM.
Trade P&L -
Calculating ECN and other exchange invoice reconciliation, Blotter, P&L calculation, Adjustments, P&L reports by variable periods.
Risk Management -
Maintaining Leverages\Risk settings for global branches and traders. Monitoring risk for all global branches and trading surveillance.
Product Control -
Monitoring trading activity to ensure it is within a specified remit.
Prepare daily commission calculations for the Equities business using various systems reports. Report daily commission to business management at detailed sub levels
Advice daily commission totals to Product Control to include in business daily p&ls
Investigate any variances on new issue fees and commissions, advice Product Control to include in overall business reconciliation
Back Office -
Back office operations\Dash board applications, reporting and testing.
Trade Floor support -
Applications support, Research, Testing, solving trade floor issues through call and mails.
Borrows -
ETB&HTB List, Locates from vendors, IPO’s and cusips.
Trader Management System -
Reporting Tools, Trade settlement adjustments.
Commission Rates -
Deal/Rates Management, Setting up Flag rates of different ECNs.
Testing -
Dash Board Applications, Compliance reports, Trade P&L and commission testing, Gray box and other software/applications testing.
Applications -
Gray box, Sterling Trader, Firm58, E-signal, Bloomberg, World Check, OFAC, Team Speak, ADP, Morgan Stanley clearing, APEX clearing, ETC Floor broker Clearing, Dash Board, GS locates, stock borrows.
Hierarchy Reporting -
Reporting to VP and CCO (Chief Compliance Officer)
Working with global branches for risk/compliance surveillance and reporting (China, Russia, USA etc)
Monitoring Risk Manager and updating risk changes. Concentrate on stop loss breach, BP breach, CTO, other risk parameters.
Started working in trade support and watching risk manager of all branch traders.
Worked with ECNs and Back office applications to create accounts.
Receiving calls from different branch /Group managers to support them and maintain month start/end reports of trades/traders P&L.
Reconciliation of P&L and trades comparison, updating Risk Manager balances.
Using technical applications for generating reports and sending the reports to traders (Access, Excel, and Word 2003).
Taking locates from the third party vendors and maintaining their payment accounts for the month end.
Trade conformation and templates database maintenance. Maintaining the all traders database to handle all reports and invoices.
Successfully running Trade Lifecycle activities. Interacting with exchange for order confirmations.
Worked as a Technical trader and analyst of NYSE, NASDAQ, AMEX and other exchange.
Analyze financial performance of equity shares traded in NYSE and NASDAQ.
Analyze US economy and different financial events and their potential impact on the stock market.
Grasped the knowledge of Technical and Fundamental analysis and their practical implementation. Developing unique and profitable trading strategies.
As Analyst, responsible for analyzing economy as a whole, specific sectors of interest and price movement/trend of active stocks on NYSE
Monitor market news/events and evaluate involved risks and opportunities to capitalize on market movements
Involve tape reading technique, and use charts and moving averages to identify break outs, analyze trends and recognize resistance/support levels
Prepare/execute action plan based on pre-market movement, take proprietary trading positions (Intra day) on behalf of Firm and decide entry/exit points in each position
Demonstrated a performance oriented and achievement driven tenure focusing on yielding profits consistently.
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