Sagar Kotian

Currently working at BNP Paribas India Solution Pvt LTD for more than 3 year. Managing a team of 36 across dual locations i.e Mumbai & Chennai.

Possessing excellent knowledge of Middle Office - Listed Securities (Equity & Fixed Income), FX - Confirmations, Fund Order Service & Settlement of trade in market using Blackrock Aladdin System.

• TP Brussels Aladdin - Matching & Settlement:-
• Matching the trade financials in DTCC OMGEO CTM (Central Trade Matching) via Aladdin platform.
• Liaising with Traders & Counter Parties on daily basis to ensure smooth flow of confirmations & settlement of trades
• Make necessary amendments to trade details in case of any mismatch in trade financials on CTM Platform with the help of Trade Ticket.
• Managing trade settlement across 108 markets. (APAC / EMEA / DTC)
• Trade settlement in India Market, Securities Payin and Payout, MTF Processing, Physical delivery processing & so on.
• Working with multiple stakeholders i.e Counter Parties, Custody, Compliance, SSI static team to ensure smooth & timely settlement of trade in market.
• Confirmation, affirmation, investigations & amendments, failed trade resolutions & settlement team in various equities & bonds in global markets facilitating timely trade & FX matching & settlement.
• Mentored team members to enhance professional development and accountability in workplace.
• Led hiring, onboarding and training of new hires to fulfill business requirements.
• Introduced new methods, practices, and systems to reduce turnaround time.
• Liaising between front office , middle office & back office operations for trade capture.
• To reconcile outstanding breaks on TLM between FO & Instinet/Exchange entries.
• To investigate if any discrepancies in economic parameter.
• To identify if any breaks appear due to post settlement amendment of any of the transaction & to resolve the same with valid reasoning.

• Projects:-
• Transition from internal application to Blackrock Aladdin (June 2022 - Oct 2022) :- Member of complete transition process of workplace from internal system Trade flow to Blackrock Aladdin. Creating SOP for new system. Successfully migrated major clients from internal mainframe system to one stop application Aladdin
• DTC/ LATAM / India T+1 Settlement Cycle:- Worked with internal stakeholder & successfully migrated all the client to adapt to India's change in settlement cycle from T+2 to T+1
• CTM Enrichment:- Currently working with BRS team to implement auto capture enhancement in Aladdin application which will enable the tool to automatically capture any changes in broker SSI's updated on DTCC Alert thus resulting to decrease in fail STP of trades due to SSI mismatch.
• APBS Smart Classifier:- Closely working with tech team to install smart classifier tool (i.e AI) with the team's group mailbox which will assist the team in reduction of mail. Smart classifier will analyze the mail & based on pattern will bifurcate mail & move to respective folder, thus reducing the manual task.
• Central Securities Depository Regulations (CSDR):- Calculating penalties & charges for trades failing to settle on SD. Semi-automated the report using Power BI tool.

• Currently working at JP Morgan Chase PVT LTD with 6 years of experience.
• Possessing excellent understanding of Trade & FX settlement, Money Market Funds, Trade & FX Processing, Short /long term transfer of funds.
• Network Management Oversight Assessment Team
• Performing DDQ Assessment that determines the Operational risk with Agent Banks and FMIs.
• Assessment is undertaken on the back of the suggested answers that are managed by Network Managers, Regulatory and Legal team and will evolve with understanding of the region, product and service offering of agent banks.
• Establishing excellent partnership with regulatory team along with Network managers and internal network management partners to identify, measure, monitor, and report risks as part of oversight process.
• To work with Credit officers in order to determine the credit rating of the respective agent banks in the market.
• Maintaining internal controls and MIS in line with the reporting requests from Oversight management and the support of existing reporting dashboard such as XL tracker, Tableau, and Network Management Platform (MINT and Supplier Select).
• Proactive management for partnership with Oversight, Reg.
• Projects :-
• MINT System Design:- Worked with the Tech partners in designing & enhancing the MINT platform for Network Management Oversight Team where Regulatory/ Operational/Information Technology/Credit/Negative Media etc risk can be created / maintained & stored for respective agent banks based on their Due Diligence Assessment response, Credit rating etc & systematic FAR (Final Assessment Report) can be generated for LOB Heads.
• Tableau Dashboard:– With the help of Tech Partners, successfully created live Tableau Dashboard for higher senior management which provides live risk analysis of the agent banks based on regions.
• Designing Controls Checklist:– Successfully designed & created paperless process controls checklist for Network Management Oversight Team in OTM system.

• Custody Middle Office Trades & FX Settlements
• Custody and Fund Services (Trades Processing & Settlements:-
• FX and trade processing middle office operational tasks with authentication, control activities, batching, 3rd party onboarding , static data, and FXSI set-up.
• Ensure timely Trade settlements for over 110 markets worldwide, also assisting clients with cross border settlements via Euroclear and Clearstream.
• Timely settlement on of Indian GSEC trades. Corporate Action handling and distribution to clients.
• Manage and reduce risk associated with Trade settlement failure.
• Involved in research on failing trades for originally booked with wrong information, in error, insufficient position, duplicate, factor update, change in any information etc.
• Action instructions received via both manual and electronic modes.
• Communicate with internal partners like reconciliation , Settlements team , Client facing team and so forth to resolve the open issues.
• Perform control checks for the process/team to ensure nothing is missed.
• Investigate the root cause for manual repair volumes and fix the same by adding SBR rules or educating Client that lead to STP of 1250+ trades monthly.
• Managing and resolving queries related to breaks , Swift formatting, Static setups and so forth.
• Collaborate with Strategy / tech team for any system change or enhancement while upgrade the team of the same.
• Worked closely with Broker Facing team and Settlements to handhold trade until Settlement.
• FX Processing & Settlements:-
• Processing & verifying FX request from client received via swift or Fax on timely basis.
• Providing Resolution on Breaks occurred due to manual or clients error.
• Ensuring the FX's processed are timely executed and priced.
• Liaising with the agents (Sub-Custodians) across the countries for any issues pertaining to FX & Trade settlements.
• Liaising with the FX desk for any FX Pricing / Liquidity issues in Market & accordingly working with the Traders for accurate & timely resolution.
• Preparation of the SOP.
• Projects:-
• FX and Trade FAX Elimination
• Brexit Migration
• CBC - Client Behavioral change
• Fail STP analysis
• CSDR Migration

• Achievements:-
• Received numerous appreciation mail from higher management for quick & successful resolution of LOB head queries.
• Portrait Award 2020

• A diligent professional with 2 years of experience in, SYNTEL SERVICESPRIVATE LIMITED.
• Possessing excellent understanding of all types of market securities traded in market as well Financial Market Applications like BLOOMBERG, Thomson Reuters, Euroclear (EUCLID), London Stock Exchange (LSE), Clearstream, CREST, CDS, DTC etc.
• Asset Servicing – Market Data Research:-
• Worked on Bloomberg & Reuters terminal & research on Debt, Equity & Derivative instruments.
• Security set up and amendment: Security set up for trade settlement of off shore clients & dealing with different investments and making the amendments on the existing security.
• Client Servicing (IMS) and Custody service- Setting up generic and client customized market data requirement and dealing with securities that are held in custody.
• Achievements:-
• Awarded with Syntel Champ in June 2015.
• Given fast track promotion as an Financial Analyst within 9 months of joining the firm.