Srinivasarao B
Hyderabad
PROFESSIONAL SUMMARY
More than 10+ years of Experience in Investment Banking (Front, Middle & Back Offices), Trading, Sales, Audit and Product Control experience with award-winning results. Well-developed relationship management expertise. Broad knowledge of numerous financial instruments and complex investment scenario.
Summary
Seeking a position with a dynamic organization where I can do work as well as contribute to the growth of the organization with my skills.
Overview
11
11
years of professional experience
Work History
Regulatory Specialist
UBS India
hyderabad
06.2024 - Current
- Assisted in preparing reports for regulatory submissions and audits.
- Reviewed regulatory compliance for financial products and services.
- Analyzed documentation to ensure adherence to industry standards.
- Collaborated with cross-functional teams on compliance initiatives.
- Completed day-to-day duties accurately and efficiently.
- Weekly reports calculation related FR2900 STM time deposits
- Quarterly reports calculation related to Cayman and submit to fed
- Contributed innovative ideas and solutions to enhance team performance and outcomes.
Product Controller
Cognizant technology Services
07.2022 - 05.2024
- Client Project: JP Morgan
- Process: Equities
- Daily Core P&L production deliverable to onshore clients in Singapore & Hong Kong. Producing & reviewing daily PL for designated.
- Trading books on a T+1 basis for trading done in Equity products
- Reconciliation between Scallop attributed P&L and Risk sensitivity-based P&L
- Clear understanding of process and controls on Day 1 P&L, MTM P&L, Other Revenues and Expenses
- Reconciliation between TO P&L and T1 P&L.
- Validation and substantiation of P&L drivers, explaining in terms of book risk positions, P&L attributes, and economic factors.
- Reconciliation between Risk Management Systems and the Ledger/ P&L system.
- Weekly P&L and Balance sheet commentaries explaining the key drivers.
- Monthly Balance sheet substantiation, investigation, and commentary.
- Regular follow-ups on red signoff balances and resolve on a timely basis.
- Review of control accounts, daily adjustments etc.
- Liaison with other functions like Middle office, Front office, other control groups.
Product Controller
UBS Business Solutions India Pvt Ltd
11.2019 - 06.2022
- Process: Equities (ETD- APAC- FCS)
- Sound understanding of equity, derivatives, fixed income products, and their life cycles.
- Trading books on a T+1 basis for trading done in Equity & Equity Derivative products.
- Daily Core P&L production deliverable to onshore clients in Australia and London. Producing & reviewing daily PL for designated.
- Reconciliation between Risk Management Systems and the Ledger/P&L system.
- Investigation and correction of reconciliation breaks involving communication with onshore teams, other BUCs, operations, IT etc.
- Reconciliation between TO P&L and T1 P&L
- Reconciliation between Scallop-attributed P&L and risk sensitivity-based P&L.
- Review of control accounts, daily adjustments etc.
- Validation and substantiation of P&L drivers, explaining in terms of book risk positions, P&L attributes, and economic factors.
- Clear understanding of process and controls on Day 1 P&L, MTM P&L, Other Revenues and Expenses
- Daily Balance sheet substantiation, investigation, and commentary
- Weekly P&L and Balance sheet commentaries explaining the key drivers.
- Liaison with other functions like Middle office, Front office, other control groups.
- Communication and escalation to offshore / onshore management.
Product Controller
Cognizant technology Services
01.2016 - 10.2019
- Client Project: UBS
- Process: Equities (ETD- APAC)
- Equities Derivatives Product controller
- Daily Production activities:
- Sound understanding of Equity/Derivatives/Fixed Income products and their life cycles.
- Daily Core P&L production deliverable to onshore clients in Australia & London. Producing & reviewing daily PL for designated.
- Trading books on a T+1 basis for trading done in Equity & Equity Derivative products.
- Reconciliation between Risk Management Systems and the Ledger/ P&L system.
- Investigation and correction of reconciliation breaks involving communication with onshore teams, other BUCs, operations, IT etc.
- Reconciliation between TO P&L and T1 P&L
- Reconciliation between Scallop attributed P&L and Risk sensitivity-based P&L
- Review of control accounts, daily adjustments etc.
- Validation and substantiation of P&L drivers, explaining in terms of book risk positions, P&L attributes, and economic factors.
- Clear understanding of process and controls on Day 1 P&L, MTM P&L, Other Revenues and Expenses
- Daily Balance sheet substantiation, investigation, and commentary
- Weekly P&L and Balance sheet commentaries explaining the key drivers.
- Liaison with other functions like Middle office, Front office, other control groups.
- Communication and escalation to offshore / onshore management.
Senior Process Associate
Tata Consultancy Services
05.2014 - 10.2015
- Client Project: Citi Bank
- Process: General Ledger
- Experience processing Journal entries in SAP
- Experience in Accounts reconciliation
- Experience in EPM consolidation
- Experience in Accruals and Prepaid
- Experience Capital expenditure and Differed revenue expenditure
- Experience in provision and Reserves
- Experience in Depreciation & Amortization
- Experience in Trial balance and Balance sheet
Education
M.B.A - Finance
JNTU- Hyderabad
01.2011
B.com - Commerce
ANU- Guntur
01.2009
Skills
- SAP R/3 and reporting tools
- Equity console
- Computer skills
- MS Excel 2007
- Operating systems
- Windows 7
PERSONAL INFORMATION
Languages Know: English, Telugu, Hindi
DECLARATION
I hereby declare that the information furnished above is true to the best of my knowledge. Place: Date: (Srinivasarao B)
Timeline
Regulatory Specialist
UBS India
06.2024 - Current
Product Controller
Cognizant technology Services
07.2022 - 05.2024
Product Controller
UBS Business Solutions India Pvt Ltd
11.2019 - 06.2022
Product Controller
Cognizant technology Services
01.2016 - 10.2019
Senior Process Associate
Tata Consultancy Services
05.2014 - 10.2015
M.B.A - Finance
JNTU- Hyderabad
B.com - Commerce
ANU- Guntur