Swapna Mane
Middle office Team Lead - Security Valuation
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About
I am an immediate joiner. With over 8 years of experience in Investment banking domain, I have honed my skills in Consolidating and handling client data, data protection, fund administration and People management. I am highly motivated, deadline committed and proven track record of excellence.
I was working as Team Lead with State Street HCL Services and before this I was in Syntel Pvt Ltd. I have completed my BBA in finance specialization and now appearing for GARP exam FRM level 1. I have completed my CISI exam IOC level 1.
My strong analytical skills and attention to detail enable me to identify areas for improvement and implement effective solutions. I am now looking for leadership role in a dynamic organization where I can apply my expertise, lead high performing team, and achieve measurable results.
Experience
Roles/Responsibilities at State Street HCL Services (Team Lead – Nov 2019 – Feb 2023)
Team Lead Responsibilities: Security Valuation
- Allocating tasks to employees
- Ensuring performance level is up to standard
- Reporting to management
- Discussing and resolving issues
- Executing performance reviews
- Organizing training and holidays
Area of work:
- Pricing of securities as per variousvendors using client metrics.
- Dealing with various types of instruments no Bonds, Equity, OTC, Listed Derivatives, CDS/CLO, Swaps,Mutual fund, fixed income products,Bank loan.
- Ensure to clear variousexception such as No Price, Halted Securities, Stale prices, SuspectPrice, Expired Price.
- Extensively daily use of Bloomberg, Reuters,IDC, JPM, MARKITetc.
- Verifying and comparing valuations against variousfeeds received from Bloomberg, Reuters, IDC, JPM and other datavendors highlighting to clients any pricing issues in cases of discrepancy.
- Toinvestigate any exceptional scenarios, we reachout to market data vendors in case of any price discrepancy. Vendors such as Bloomberg, Reuters, IDC, JPM, MARKITetc.
- Closely working with clients, brokers, Operation team, Derivatives team and accounting team to resolveissues related to valuation of securities and NAV impact.
- Dealing with various corporateactions Such as Bonus issue,IPO, Spin-off, Right issue, Merger, split, reverse split, Dividend, Corporate exchange bond, Acquisition etc.
- Coordinate with the GPS team to setup the logics in internal application as per clientrequirement.
- Automate the securities to eliminate the manual intervention.
- Quarterly Securities review to make sure all the securities are in line with the PSA (price sourceagreement).
- Identify processimprovement areas, consistently refining and streamlining the Front-to-Back process.
- Performing auto and manual validation of prices using client approvedsources (PSA) to find the scope for automation.
- Initiate periodic process review (SOP) exercises.
Roles/Responsibility at SYNTEL PVT. LTD.: (Senior Analyst - MAR 2015 – OCT 2019) Book and Pricing
- Acted as a box manager for all DST clients.
- Responsible for freezingthe books as per the valuation point.
- Releasing the prices to create book decisions.
- Running Preliminary report to receive currentvaluation point movementsand cash value of subscription and redemption.
- Creating manualbook decisions as well as input manualprice for new launched fund.
- Hand on experience of FAST, AWD, FSU, Accudelta and ADR system.
Education
BBA in Finance Specialization. Now Appearing for Financial Risk Manager ( level 1) for November exam.