Amit Kumar

Experience

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  Infosys BPM

  Dec 2015 - Apr 2021

  With a diverse range of skills and a passion for driving team growth and engagement, I am a dedicated professional currently working at Broadcom. In my current role, I have taken on various responsibilities, including order management, conducting domain-specific training, and assisting in drafting standard operating procedures (SOPs).One of my key strengths lies in supporting team leaders (TLs) in their growth plans and fostering floor engagement. By actively participating in team huddles, I contribute to planning and scheduling these sessions, ensuring they are productive and efficient. Additionally, I play a crucial role in capturing meeting minutes (MOM) and updating trackers to keep everyone informed and on track.As part of my commitment to enhancing team performance, I have created domain-specific frequently asked questions (FAQ) to address common queries and provide valuable resources for team members. By doing so, I enable seamless problem-solving and knowledge-sharing within the team, ultimately boosting productivity and efficiency.Furthermore, I collaborate closely with TLs to review weekly team action items, ensuring that all tasks are completed in a timely manner. This involves providing valuable insights and suggestions to optimize processes and improve overall team performance. Show less Worked EMEA Settlements Teams play a pivotal role in ensuring the seamless execution of financial operations by taking responsibility for 100% pre-matching, processing, confirmation, and accurate system narration. Their focus extends to the timely settlement and investigation of OTC transactions, including Cash Equity, Bonds, and Prime Brokerage to Hedge Funds, specifically on VD-1 and VD. These operations span across Domestic, Skandi, Germany, and Euroclear markets, reflecting a robust management of complex financial activities. Expertise in investigating and resolving breaks in the Euroclear Market across all product types, including Equity and Fixed Income, ensures the integrity of market operations.The team excels in clearing and settlement for both Exchange and OTC categories under stringent SLA deadlines, maintaining high accuracy and effective escalation processes to mitigate risks associated with market fluctuations. Core responsibilities include releasing instructions timely and accurately while communicating with custodians, clients, and counterparties to address discrepancies. They manage static data setups, verify trades, and generate cross-border trade confirmations via Euroclear and Clearstream. Additionally, activities like reversals, pair-offs, depot transfers, and amendments are handled with precision to ensure smooth settlements. With a proactive approach to mitigating penalties and buy-in notifications, the team ensures operational efficiency and client satisfaction in a high-stakes financial environment. Show less

  • Senior Associate

    Feb 2017 - Apr 2021

  • Associate

    Dec 2015 - Jan 2017
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  Bank of America

  Apr 2021 - Jul 2024

  Team Developer

  Worked closely with stakeholders to understand project scope, analyze business and functional requirements, and segregate them into high-level and low-level specifications. Confirmed and matched trades while collaborating with IT teams to automate confirmation matching processes, successfully saving 40 hours of manual effort. Managed trade booking, modification, correction, and amendment tasks while ensuring seamless downstream system flow.Expertise includes handling Fails Settlements, pre-matching settlement processes, and addressing Market Risk-Suspension risk and corporate actions. Performed comprehensive requirement gathering, gap analysis, and change request management, providing go-live assistance and post-implementation support. Conducted functional testing to ensure robust system performance.Key deliverables included developing Functional Requirement Documents (FRD), Business Requirements Documents (BRD), UML diagrams, Use Cases, and Training Documents. Delivered end-to-end solutions with thorough solution hand-offs, enabling efficient project implementation and achieving stakeholder satisfaction. Show less

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  NAB

  Jul 2024 - now

  Senior Analyst

  Proficient in handling international payment processes using MT103 and MT202 SWIFT messages. Managed end-to-end payment instructions, ensuring accuracy and compliance with financial regulations. MT103 was utilized for customer transfers, while MT202 facilitated financial institution transfers, ensuring seamless interbank settlements.Expertise includes verifying payment details, resolving discrepancies, and ensuring timely execution to meet SLA deadlines. Collaborated with counterparties, custodians, and financial institutions to address queries and ensure smooth transaction flows. Conducted thorough reconciliation and audit checks to mitigate risks and enhance operational efficiency. Adept at handling high-value transactions, delivering accuracy and reliability in a deadline-driven environment. Show less