Mobile: 91-7731934366, 91-9373323957 ~ E-Mail:deepak.choudharypune@gmail.com

Seeking middle level assignments in Trade Settlements and Reconciliationwith an organization of high repute preferably in Investment Banking and Financial Services industry

PROFILESUMMARY

Certified Lean Six-Sigma (Green Belt)with over 10 years of commendable success in Financial Services industry:~ Investment Banking ~ Asset Management ~ Trade Settlements~ Reconciliation ~ Transaction Management ~ Business Analysis ~ Client Management ~ Training &Development ~ SOP Development ~ Performance Management ~ MIS & Documentation ~ People Management

Hands-on experience in undertaking reconciliation of:o Firm out of balances, stock record, DTC, illogical breaks, seg. deficit, audit confirms for loans &

borrowings, Wash accounts, Fund Serve, book and bank reconciliation.o Control stats. KPI for fixed income and equities research & monitoring of fails, ACATS, CNS and

foreign account for trade settlements Deft in preparing and maintaining ISO and BCP documents for audit compliance Instrumental in imparting cross training to associates on all work types after migration Hands on experience in analyzing data, identifying root cause for all issues and managing

reconciliations tools Gained versatile knowledge of Trade Settlements Deft in handling custody reconciliations and discovering root causes of gaps between bank and

books. Significantly involved in weekly meetings with the clients discussing the status of position variances Skilled in managing teams to work in sync with the corporate set parameters & motivating them for

achieving the business goals Proficient in monitoring, recruiting, training & motivating the manpower & ensuring quality

deliverables Developed competency in establishing performance-driven culture that ensures accountability and

personal ownership, lead, develop, coach, and motivating teams, to achieve goals profitably. Possess a flexible & detail oriented attitude

Possess excellent interpersonal, communication and organizational skills with proven abilities in training & development, customer relationship management and planning

EMPLOYMENT CHRONICLE

Since Aug’12: Broadridge Financial Solutions (India) Pvt. Ltd., Hyderabad as Associate Process Manager

(Broker Dealer for Operations Multiple Clients)

Applications Used: BOSS, Postedge, Frontier, ACE, Nomad, BTS, Gloss, Delliote online, Cash register plus, various web application JPMorgan, Bony, Citi bank for securities, DTC for PBS, Sun Guard Loanet application and REC7.

Key Result Areas: Spearheading a team of 8 Associates and 2 Process Leaders for US region and coordinating with

various clients Accountable for:

o Team handling, client query & resolution, preparing MIS and escalation managemento Maintaining error tracker, root cause analysis, updates tracker, trend analysis, cross-training

grid and capacity utilization Supervising preparation, implementation and scrutinizing of training and cross training plan and

knowledge enhancement for new joiners Overseeing preparation and reviews of standard operation procedures for various work types

DEEPAK CHOUDHARY

Developing and presenting monthly dashboard presentation with clients to analyze and discuss the achievements, strength and gaps of the team

Making contributions towards process improvements to reduce time & defects in the process and increase efficiency

Organizing team huddles, one to one’s, goal/objective setting for appraisals to achieve individual and team target

Liaising with team members in achieving and exceeding the deliverables Taking care of processing of:

o Daily flash report used by management for analysis and decision-makingo Daily, monthly and quarterly bank reconciliation for various custodians for domestic and foreign

currencies Scrutinizing trade settlement for DTC fails i.e. COD/COR and FD/FR in terms of short/available Looking after the stock record reconciliation for DTC, illogical, and books vs. custodian breaks for

Dividends, Reorg, P&S, International settlements, corporate action and processing entries for same

Noteworthy Contributions: Holds the distinction of receiving “Exemplary Award” for successful end-to-end process migration

from Hyderabad to New Delhi region for stabilizing BCP and implementing work and resource allocation

Bagged ACE award for “Enhancement of REC-7 Application” for cash and securities reconciliation

Merit of achieving 6 ACE awards for process improvement ideas and dedication Certified as life saver ERT Member Certification in Fundamentals of the Securities Industry and Equities from NewYork Institute of Finance

Nov’06 – Aug’12: AXA Business Services Pvt. Ltd., Pune as Process Leader (Brokerage Operations) /Specialist

Applications Used: BOSS, Reconciliation Reporting, Brokerage Terminal System, -Portfolio Management Systems, Ace Win, SSR (Smart steam reconciliation), Nomad, DST, Postedge.

Key Result Areas: Supervised a team of 6 Associates for US and APAC region Ensured all quality and SLA's are compiled and exceeded for all the work types and getting approval

from clients Kept the Team Manager apprised at all times through the timely completion and submission of all

requested program reporting Entrusted with the responsibility of handling and resolving team members queries on various work

types Developed and led weekly issue log review and closure of the same with the client Oversaw broker dealer operations for controls, stock record, margin and Asia settlements APAC Settlements

o Understood the trade life cycle, various SWIFT messages and standard settlement instructionso Ensured:

Matching and Pre-matching of trades Timely request is sent to update new settlement instructions Monitoring trade settlements foraccurate and timely settlement / clearance of trades in the

marketo Created Fails report and kept middle office updated with the status of the sameo Handled reconciliation of trade settlement

Margin Department o Conducted research and workflow of cash A/c on debit, unsecured debit, Jrl between A/c, Jrl

short position, short position and notify the discrepancies and risk via mail for resolutiono Handled reconciliation of 15c3 unsecured debit regulatory report

Controls Department (Promoted to Process leader through IJP)o Monitored the health of multiple departments (Private Client Margin, Corporate Actions,

Purchase and Sales) o Handled daily, monthly and quarterly bank reconciliation for various custodians, firm balancing

and hedge funds reconciliation Portfolio Administration Auditor

o Handled custodian reconciliation of Manuals and SSR scrubbing, including month ends, equity, mutual fund, fixed income accounts.

o Entrusted with the responsibility of processing entries for dividends, interest, corporate actions, withdrawal and contributions in respective applications

o Taking care of smart stream reconciliation data scrubbing of cash and assets positions

o Verifying corporate actions and making appropriate entries with tickers

Noteworthy Contributions: Holds the distinction of winning the"Super Achievers award" trophy with certificate for the 02

Quarter 2010 from the group of 70 Functioned as a part of the Pilot Batch of the Brokerage Operations and dexterous in singlehandedly

migrating the Brokerage Operations Controls Process from New York-WP through remote training via LiveMeetings

Played a stellar role in implementing process improvement ideas leading to improved efficiency and accuracy for the process

Successfully completed "Prime Brokerage" and Risk intuition modules Merit of winning the Best Team Performer Award for Mar’09, Jul’09 and Oct’09 for “Extraordinary

Performance” Pivotal in discovering and contributing to three process improvements which resulted in "30% of

time saving with Accuracy” Recognized as finalist in 2008and semi finalist in 2009 in AXA Carom Champion Sports

Oct’04 – Nov’06: WNS Global Services Pvt. Ltd., Pune as Customer Service Associate (Accounts Payable Process)

Key Result Areas: Accountable for:

o Maintaining client relations and back-office operationso Exceeding the SLA’s of production & accuracyo Providing brain waves to team (coming with new idea’s)o Supporting the staff in resolving their queries to achieve their productivity

Handled processing of Accounts Payable Invoices (Revenue Expenses) PO, Non PO and Pre approved invoices

Entrusted with the responsibility of matching and processing of 2 ways and 3 ways match invoices using Oracle application

Took care of processing of supplier statements

Apr’02 – Oct’04: Gugale & Associates Chartered Accountants, Pune as Accounts Assistant

Key Result Areas: Responsible for maintaining books of accounts for proprietors small, medium, and large companies

in Tally 5.4 Managed records of:

o Revenue expenses and income for clientso Sales and purchase transaction into system and generating reports for the same

Handled development of:o Accounts payable, accounts receivable statement for clientso Debtor and creditors statement on a monthly basiso Bank reconciliation statementso Audit reports for management

Conducted:o Audits of inventory & fixed assets verificationo Process audit of various areas like stores, sales etc.

Carried out:o Assessment of the cost effectiveness and risks of operational processes, activities, policies and

systemso Discussions on reports with other auditors and issued reports recommending performance or

control improvements Discovered and applied relevant professional standards and regulatory requirements Accountable for preparing and carrying out certification work of TDS

Noteworthy Contribution: Successfully completed Audits assignment for various clients

PROFESSIONAL QUALIFICATIONS2013 MBA (Finance) from Shridhar University, Rajasthan2001 Bachelor of Commerce from Symbiosis College of Arts and Commerce, Pune

TRAINING &CERTIFICATIONTraining:

Speed of Trust, Presentation Skills, Six Thinking Hats and Pegasus Outbound Learning Program at Broadridge Financial Solutions (India) Pvt. Ltd., Hyderabad, Objective setting for appraisals.

Certification: Certified Lean Six Sigma (Green Belt); Anexas Denmark, an ASQ (American Society of Quality)

Member

IT SKILLS Conversant with MS-Office (Word, Excel & PowerPoint), Tally, Oracle, Database Maintenance, Basics

of VBA Macro and Internet Applications

PERSONAL DETAILS

Date of Birth 27thOctober 1978Address: Sri Sai Nilayam, Plot # 65, Jahind Enclave, 1st Floor Room No. - 406, Madapur, Hyderabad - 500081Languages Known: English, Hindi and Marathi Location Preference: Pune, Mumbai and Hyderabad.