Vishal Lalchandani

Experience

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  Modern Shares & Stock brokers

  Apr 2008 - Dec 2008

  Management Trainee Intern

  Job Profile:1. Keeping Watch on the stock Market.2. Generating Stock ideas & Trading through technical Research 3. Preparing weekly reviews reports.

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  EClerx

  Dec 2008 - Mar 2011

  Associate Process Manager (Treasury MO & OTC Settlements)

  Job Profile cum Tasks Performed:1. Heading Rates Settlements team2. Providing live support to Capital Market activities mainly Trading & Settlements3. Hands on experience of setting up 2 capital market intensive projects ( Fixed Income Middle office support & Rates and equities Settlements) 4. Preparing daily & weekly reviews reports to be sent to the Major stakeholder5. Mentoring & training new Joiners with the required product and process knowledge6. Assisting immediate management with Administration & I.T related activities 7. Frequent upgrading of process manuals done which would help new Joiners’ to learn the process8. Identifying areas of automation and liaising with Tech team on getting manual activities automated 9. Mailbox Management is done to make sure that no issues go untracked.10. Preparing of daily & weekly checklist which ensures all necessary tasks are duly completed.11. Acting as a link between Team and HR, Admin & I.T 12. Interacting with clients & assisting in Trading activities (Confidential) 13. Initiating process controls to ensure errors are limited14. Bringing in Timely process improvements.15. Updating the immediate management with Daily events which ensures that the process is running smoothly and there are process controls in place for any escalations and Errors.16. Arranging, Executing & Monitoring of Process Webex Sessions. 17. UAT testing on client facing tool & Citrix18. Training clients personnel on process related activities.19. Keeping track & informing senior Management on client appreciation & escalations.Major Achievements:1. Experience of transitioning & setting up 2 Capital Market projects at offshore delivery centre2. Six Sigma project carried out with the client to minimize the major errors in system thereby helping in cost reduction of a trade in the entire trade life cycle3. Shared excellent rapport with the clients which has helped bring goodwill to the company Show less

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  Nomura

  Mar 2011 - Sept 2015

  Assistant Manager – Prime Brokerage Financing – Equity/Fixed Income/SBL regulatory

  Currently managing 4 teams (Equity Financing, Repo Financing, Collateral Management & SBL Regulatory) & alternatively working as a desk assistant in stock loans / equity finance1.People Management across team strength of 9 FTE2.New business / diversification support 3.Visiting onshore business set up to assist in new business set ups and streamlining4.Inventory management for stocks in equity financing5.Making sure no desk is facing any potential financial loss and covering for them6.To liaise with FO, MO & operations on daily basis on stock loan trades and equity financing trades7.Helping FO & Legal with client on boarding activities. (Exclusive to Hong Kong Clients)8.Assisting vendor management team on feedback & improvement areas for the newly engaged vendorsMajor Achievements:1.Identified major gaps in desk short covering activity thereby saving potential dollar loss to the firm2.Automated a functionality wherein firms long position are auto allocated to the firm’s most expensive borrowed position3.Worked with technology to create a functionality wherein Borrow return amendments notification were auto sent to the respective client4.Initiated automation of manual activity leading to 25% minutes saved/FTE for initiative named P200 5.Control initiated which saved Nomura $1500 as an entity6.Worked with Back office & treasury to identify gaps and bring improvement to the overall function for initiative named Connect47.Created process improvements cum control mechanism to identify potential gaps & minor process improvements within the Middle office department.8.Trained desk & newly appointed regional heads on Funding Engine – A mechanism that provides details of short positions & remedial measures9.Identified gaps & streamlined client on boarding, Legal & Account set up process. 10.Set up a new business Show less

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  BNP Paribas

  Sept 2015 - Jul 2018

  Manager - Change Management Team & Collateral Management & EMIR/CFTC Portfolio Rec

  BNP Paribas (Manager - Change Management Team & Collateral Management & EMIR/CFTC Portfolio Rec) Sep 2015 – July 2018Job Profile cum Tasks Performed: o Transitioned & managed a team of 20 FTE of collateral management from onshore to offshore delivery locationo Working closely with business heads to drive & implement strategies & execute business planso Managing key management initiatives, performance reporting & managing infrastructure / process which support businesso Partnering with technology, operations, LEAN,SLA & compliance teams to drive changes and new productso Partnering with risk & control team to ensure audit & governance of cost & risko In-charge for setting up a new shared service entity in operations: A Strategic Initiative to implement functionalizationo Responsible for Flexi office set up – A strategic initiative to save per square feet cost and build a eco friendly office o Identifying and executing end to end process improvement projects in global marketso Creating monthly presentation to analyze and report resource utilization, client updates, revenue, expenses and management reportingo SPOC (Singe point of contact) for creating dual set up operations in India to mitigate concentration of risk – A Strategic Initiative to reduce concentration of BCP risk o End to End projects & program management o UAT for internal system upgrade, Migration & Governance.o Ensuring management project are delivered within the stipulated the budget and timelineso Working closely with onshore stakeholders to drive projects at the offshore delivery centreo Working closely with ops to gather data and prepare presentations for senior managemento MIS reporting to Asia COOo Business Analyst for transforming global processes and working closely with business & IT on UAT Testing & governanceo In charge of efficiency projects in Global marketso In charge of international & domestic transitions Show less

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  Nomura

  Jul 2018 - Aug 2019

  Financial Services Manager -Initial Margin Collateral Management

  Responsible for the Collateral Initial margin operations team in IndiaEnsuring timely settlement of collateral movement using SWIFT messaging systemWorking closely with FO, Credit, Legal & Reconciliations team to resolve collateral exposure disputesAssisting the management & stakeholders in global UAT projectsDaily huddle sessions to keep a track of BAUWork with stakeholders in migrating new clients as part of new margin rulesGovernance & weekly meetings with the stakeholders to ensure smooth running of the collateral operations modelPartnering with ODRG team to ensure control & governance in the processEUC review on periodic basisSingle point of contact for SOX & External auditsMajor Achievements:As a BCP SPOC reduced cost by saving on multiple WAR sites machineCustodian accesses revamped and alternatives found to save on third party access costVoice recording standardized thereby reducing the costNew automated booking model suggested to save 0.5 FTE Issues identified in daily reconciliation and measures taken to streamline the recIntroduced Flexi office set up – A strategic initiative to save per square feet cost and build a cost friendly office Show less

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  Fulcrum Digital Inc

  Aug 2019 - Aug 2022

  Director of Client Services

  Building nearshore strategies and managing client deliverables Client account partner for team of 100+ Software developers, Business Analyst, Testers & Tech leads both onsite & offshoreAssisting Pre-sales with product solutions to win bids Working closely with internal governance team to define key Risk mapping frameworkLeading on a high performing Client Solutions team, supporting key client accountsFacilitating timely educational interactions between our experts and our clients, to permit our clients to make more informed business decisions with confidenceTaking accountability and responsibility for a full book of complex clients by serving as a thought partner to deliver on custom projectsUnderstanding client’s business problems, strategic objectives, ambitious standing, and critical success factors to determine the best solutions.Building and maintain relationships with key users at client firms including senior level executivesManaging enterprise level Compliance, Legal, Technology, Middle & Back Office operational working groups Ownership for managing E2E Bids & Proposal process (i.e. RFP / RFI responses) related to Application DevelopmentConsulting with few large financial institutions across the globe for adopting emerging technologies such as RPA Show less

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  Morgan Stanley

  Sept 2022 - now

  Director - Structured Notes & Exotic Derivatives

  Key point of contact person for complex issues and queries from stakeholdersProgressing business initiatives and technology enhancementsExecution of controls and supervision of core functions performed by EMEA ExoticsLifecycle management for Equity Structured Note businessCalculating Complex Payoffs for Exotic OTCs and Structured Products