M.

SHOBAN
72/3 Narayanan St. + 91 98412 93999
Aynavaram , Chennai 600 028 shoban.ms@gmail.com
PROFESSIONAL PROFILE
 A dynamic professional with 6 years of experience in Investment Banking domain with multinational
banks, experience in Business analysis, Manual Testing, project migration, process migration and IB
Operation in settlements, Reconciliation, static and FX operation
 Dealing with ETCMS, LCH & CLEARNET Trades
 Dealing with electronic wire transfers across globe. Processing of MT202, MT103 efficiently
 Overall Knowledge in fixed income and equities operations (supporting back office operations for
Confirmations, Settlements, Reconciliation and Investigations)
 Understanding of front to back securities processing environment for Investment banks

CAREER HIGHLIGHTS

From Nov 2015 – Till date BARCLAYS Senior Analyst

Fixed Income Pre-Matching Settlements

Key Accountabilities
Pre-matching and Settlement of Fixed Income bonds:
 Idol contact for the pre-matching of the trades (bonds, Collateral Trades & Repo Transactions) and make
sure we settle the trade on the value date.
Settling the trades via both domestic & Euroclear settlements:
 Specialist in handling those trades which are booked in Domestic (European Markets) & euro clear location
and also settling the trades via cross border.
Instruction of the trades & Swift Payments:
 Instructing the trades via Euclid, Merva, Iowa & DOGS and making swift payments to
Counterparties through GCMS (Global Cash Management System) & Merva.
Failing & Unmatched Trades:
 Responsible for the trades which are failing and make sure the unmatched trades are matched and settles.
 Idol contact for Premium and Platinum Counterparties.
Investigating and resolving queries:
 Resolution of failing trades with close follow up with Front Office and resolving queries
of cancelled trades, handled all customer queries, complaints and having a satisfied closure
Projects Undertaken in Barclays:

 Automation of the LCH Clearnet Trades

 Automation of the BCOL reports via Macro

From July 2012- Oct 2014 BNP PARIBAS Senior Analyst

Client: Nikko Asset and Management (Middle office operation for Equities,Fixed Income,Derivatives,FX )

ON-SITE MIGRATION – SINGAPORE

 Migrated Nikko Asset Management operations process from Singapore to Chennai successfully in a short
span of time
 Worked closely with the on-site team Business analyst and SME’s to understand the business process
 Documented the business process steps to have a clear understanding for the off shore teams
 Performed an End to End UAT Testing on the client application to ensure quality control of work is carried
out in production environment
 Coordinated with the IT team during the testing phase and ensured that there are no defects raised.
 Documented the business flow from end-to-end to had it as a base document for the new operational users
as well as to the customer for an business verification
 Worked Closely with Change Manager on new Requirements and changes to the product on the SRT
(Service Request Trackers) / Change Request.

Key Accountabilities
Responsible for all the financial products booked and make sure the trades are settled
Trade Matching:
Trade Booking Confirmation:

 Confirmation of the trades booked by the client (Nikko) to the BNP internal system.

 Matching the trade via CTM both at block and the allocation level.

 Manual Fax confirmation sent the Counter Party (Broker) for whom CTM is not enabled.

 To validate the Broker SSI for the settlement purpose.

Cancellation and Rebooking of the Trades:

If there is any discrepancy in the Economic Trade details, I would cancel and rebook the trade with the
approval of the trader from the client side (Nikko)

Trade Settlements
SWIFT Generation:
 Verify if SWIFT such as MT541 & MT543 is sent to the custodian in order to release the Instructions in
the market. Also check for the FOP swifts (MT103 & MT202).
Pre-matching and Settlement of Fixed Income bonds:
 Idol contact for the pre-matching of the trades (bonds, Collateral, Equities and FX transaction) and make
sure we settle the trade on the value date.
Failing & Unmatched Trades:
 Responsible for the trades which are failing and make sure the unmatched trades are matched and settles.
Investigating and resolving queries:
 Investigating the mails which are received by both broker and the custodian regarding the discrepancies
such as Unmatch,Mismatch and Missing Instructions.
Settling the trades via both domestic & Euro clear settlements:
 Specialist in handling those trades which are booked in Domestic (Asia pacific and Far East) & Euro clear
location and also settling the trades via cross border.
MIS Reporting:
 MIS reporting of all failing trades, stock positions to senior management and advise the Senior
management on over 5 days report (Reasons for trades failing) & Cross trained with clearance team on
clearing the old cash and stock breaks, informing about the credit risk item to the front office and traders.
Reconciliation Stock and Cash Breaks:
To recon the cash and stock breaks and validate if there is any discrepancies in the settlement amount or to
investigate if there is any statement and cash missing from the counterparty side.

FX Matching and Settlements

 Working as a member of the FX processing/settlements and Trade processing and settlements.

 Process Global Security transactions on the Global trade processing platforms within given deadlines
 Ensure timely settlement of Foreign Exchange, Money Market trades, Confirmation of option trades and
handling brokerage payments for all products and processing swift payments for interbank and corporate
clients.
 Perform exception handling of trades in the confirmation matching system and communication of the
details with counter-parties. Contacting broker or trader and have the necessary amendments in case of
mismatches and incorrect details
 Handling trades for value same day in Continuous Linked Settlement (CLS) and settle all unmatched trades
outside Continuous Linked Settlement, Chasing, Confirming and fixing of NDF trades.

Other Projects Undertaken in BNP PARIBAS

Trade Static Set up for all the major clients in BNP

Job Achievements in BNP

  Received the best Emerging Star and champion of month for the BNP on back to back occasions.
 Received appreciation notes from Client/ Middle Office for solving their issues.
 Awarded the team for the year for the successful Migration
From Feb 2010- July 2012 WIPRO LTD. Analyst

Citigroup Fixed Income operations, (Settlements)

ON-SITE MIGRATION – BELFAST, IRELAND

 Successfully migrated the Settlements process from Belfast to Chennai along with the team members
handling individual products.
 DOCUMENTED the key business process along with the on-site co-ordinates
 Worked closely with SME’s in order to understand the process and translate the same into an migration
process document for the off shore business
 Coordinating with Business analysis during the entire project phase in understanding the requirement of the
project
 Scoping of test cases with test team for the migration project to ensure smooth run of the project
Key Accountabilities
Pre-matching and Settlement of Fixed Income bonds:
 Idol contact for the pre-matching of the trades (bonds, Collateral Trades & Repo Transactions) and make
sure we settle the trade on the value date.
Settling the trades via both domestic & Euroclear settlements:
 Specialist in handling those trades which are booked in Domestic (European Markets) & euro clear location
and also settling the trades via cross border.
Instruction of the trades & Swift Payments:
 Instructing the trades via Euclid, Merva, Iowa & DOGS and making swift payments to
Counterparties through GCMS (Global Cash Management System) & Merva.
Failing & Unmatched Trades:
 Responsible for the trades which are failing and make sure the unmatched trades are matched and settles.
 Idol contact for Premium and Platinum Counterparties.
Investigating and resolving queries:
 Resolution of failing trades with close follow up with Front Office and resolving queries
of cancelled trades, handled all customer queries, complaints and having a satisfied closure

Projects Undertaken in Wipro

 Iowa
Developing a new system called “Iowa” for Citi where we can instruct and settle all the financial products,

 Client discussion and Preparation of RFPs

 I was involved in UAT Testing of Iowa.
 Enhancement of Iowa.
 Sign off.

ACADEMIA
M.B.A ( Finance & Marketing ) 67%
IIPM, Chennai 2007-2009

Bachelor of Commerce ( B.com ) 61%

DG Vaishnav College, Chennai 2004-2007

H.S.C ( X II ) 78%
Maharishi Vidya Mandir, Chennai 2004

PERSONAL DETAILS
Date of Birth 18/09/1986 Marital Status Single

Gender Male Nationality Indian

English, Tamil and

Languages Known: Fathers Name Mr. R.L Manokaran
Hindi

M.Shoban