Abhijit Shenolikar

Experience

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  ICICIdirect

  May 2008 - Nov 2011

  Assistant Manager

  3.6 years experience in Settlement operations (Client operations, Exchange operations), and capital market with different products like Futures & Options, Currency, Equity and Commodities.Settlement Operations (Equity, FNO and currency)Processing of day-to-day execution of settlement NCDEX Commodities, NSE both in Cash & Derivatives Segments) and BSE (Cash). Handling of both EOD (End of Day) and EOS (End of settlement) operations successfully for all the retail clients in the ICICI direct.com for FNO segment by meeting the Obligations of individual clients, Reconciliation with exchange, brokerage software and EBA.Handled and monitored the reconciliation of Settlement Bank Account as well as Client Bank Account and Exchange Control Accounts for NSE, BSE & F&O.Handling corporate actions in Equity and F&O segment.Operations Testing and Process ManagementImproved the process excellence in Settlement operations by rectifying errors, simplifying the processes by doing reconciliation at different levels.UAT was done for the current process improvement, for new validation to improve the system control, for the migration from existing to new software.Preparing for the test cases for equity, FNO, currency and testing of the same in system database.Successful completed testing for the Transfer Instruction for Delivery of shares , BTST product, BSE Margin Testing and FNO Margin debit module for the I Sec.Instrumental in conducting testing and moving to live of all the Cash Market and F&O back office process from Match (Derivatives) to Class system.FCRM cases related to the equity product and corporate action queries closed within TAT.MIS Monitoring and Publishing MIS related to Equity, FNO, Currency Derivates and Dividend MIS.AchievementsDocumented various action plans of various issues which were faced due to exceptional scenarios such as short sell of shares, issues in system etc so that one could refer it in future and act accordingly. Show less

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  Metropolitan Stock Exchange of India Ltd.

  Dec 2011 - Aug 2015

  Senior Executive

  3+ years experience in Surveillance, Trading and Operations testing department of Currency Derivatives, Futures & Options and Equity segment of the Stock Exchange.Operations activities – Trade Surveillance Preparing Business Requirements for developing new systems/ alerts, holding discussions with IT-Development teams to help them understand the same and Testing the systems/alerts Pre and Post Implementation Phase/s. Daily Price Range alerts, orders entered and trades executed by Members and identify abnormal pattern at various levels and to alert those Members. Preparation of Surveillance reports like Price analysis, Open Interest, Turnover analysis, Self-trade analysis etc Analyze the unexecuted and cancelled order level data of client/s to find out the possible order book manipulative activities.  Analysis of Equity and Derivative stocks showing unusual price movement and spurt in volume.  Preparing Detailed Investigation Reports for scrips where Insider Trading, Front Running, Pump and Dump and other manipulative cases are observed for reporting to SEBI.Documented findings of alert investigations, including identification of appropriate escalation procedures.News analysis and rumour verification. (Reuters)Document detailed surveillance steps in surveillance procedures manuals. Show less

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  Tata Consultancy Services

  Sept 2015 - now

  System Analyst

  Working in Payment Domain at TCS