Dhilan Vithane

Experience

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  Donaldson, Lufkin & Jenrette

  Jan 2000 - Jan 2001

  US Equity Settlements Clerk

  • Settle trades/move stock via DTC• Maintain/reconcile Client safe custody positions• Register and re-register physical certificates• Maintain/reconcile Client money accounts

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  ABN AMRO Bank N.V.

  Feb 2001 - Oct 2005

  Team Leader, Equities Trade Support, Pre-matching

  Equities Trade Support | Pre-Matching | MIS Reports | Escalations | Transaction Reporting | Fixed Income Securities | Trade Booking | ReconciliationsManaged manual fax confirmation application ensuring all brokers not pre-matching via CREST/TRAX/CDI and Marketmatch were captured properly. Ensured Front Office received regular and timely advice on market pre-match discrepancies. Coordinated all queries from the management/internal clients and ensured timely escalation of daily issues to the Supervisor. Thoroughly analyzed daily MIS to ensure full compliance. Performed continuous reviews with market counterparties for optimal levels of pre-matching. Assessed and provided critiques based on controls within the team and reviewed & updated the team. Handled Oasys/ETC client pre-matching, TRAX matching/transaction reporting, and Fixed Income securities. Monitored trade bridge ensuring accurate trades feed from front-to-back meetings and defined static criteria. Involved in trade booking and position management of trading books in Fidessa, and intra-system position reconciliation. Created accurate EOD risk reports highlighting unmatched trades. Contacted brokers to inform about migration and ensure smooth transition.• Improved cost efficiency & effectiveness of market-side pre-matching.• Utilized various pre-matching solutions to ensure all equity and money market transactions were pre-matched on a trade data and one basis.• Ensured all FX issues and exposures were cleared and controlled on time.• SPOC for pre-matching issues/escalations for internal & external counterparts.• Promoted as Team Lead within a year of joining.• Successfully off-shored various trade support tasks to Mumbai, India.• Met and cross-trained Indian counterparts over 12-weeks in London.• Spent 8 weeks in Mumbai to finalize cross-training and smooth transition through Go-live. Show less

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  Deutsche Bank

  Oct 2005 - Aug 2006

  Dedicated Desk Support - Prop Trading Business

  Trade Support | Futures & Options Contracts | Reconciliation | Hedge Funds | MIS Reports | Book Trades | Resolving Trade Discrepancies | Risk ManagementInvolved in reconciliation/pre-matching of Futures and Options contracts vs. the counterparty. Handled internal & external hedge funds FOFO reconciliations. Generated and communicated MIS reports regularly with the management. Handled book trades, including stocks, FX, and Futures & Options contracts. Ensured timely and prompt resolution of trade discrepancies by liaising with Settlements, Counterparties and Traders. Monitored and maintained Trader P&L.• Efficiently handled various Front-to-back reconciliations, including FX, Stock and Futures & Options.• Made amendments/bookings where required to avoid settlement risks.• Ensured all risks were escalated to Trading desks through daily EOD meetings. Show less

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  Fimat UK

  Aug 2006 - Apr 2007

  Global Equity Middle Office Trade Support

  Global Equity Trade Support | Trade Recaps | Fails Reports | Clearing Reconciliation, Depot & Nostro Breaks | Exchange Trading | Testing | STP Go-Live Entered trades (back-to-back equity & ETFs) into Front & Back-office systems for Fimat Paris, Madrid and Hong Kong clients vs. the Exchange. Created and distributed daily trade re-caps for Fimat branches and clients. Prepared and shared Fails report with various branches and cleared reconciliation breaks for Exchange trades. Performed testing for final stages of STP go-live and updated static data for the same.• Allocated client trades in Fimaclear, the in-house Front Office system.• Liaised with desks, clients and Fimat branches to resolve trade-related discrepancies.• Investigated and cleared depot and nostro breaks. Show less

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  Lehman Brothers

  May 2007 - May 2008

  Prime Brokerage Analyst

  Trade Operations | Dispute Resolution | Trade Feed Enrichment | Booking Switch Trades | Risk Control & Escalation | MIS Reports | CFD DiscrepanciesProvided regulatory guidance and advised clients on prime brokerage. Handled E2E trade feed enrichment and booked switch trades for depot realignments. Ensured risk control and escalation for clients across all markets. Prepared and presented daily and monthly reports to the management as well as clients. Conducted research on rules and regulations related to asset classes and business.• Supported trade operations and resolved disputes.• Resolved all CFD discrepancies, including booking CFD and hedge trades in Fidessa. Show less

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  Goldman Sachs

  Apr 2008 - Jan 2009

  Prime Broker

  Stock Broking | Post Execution Activities | Client Service | FX Trading | FOBO Reconciliations | Dual Listed Stocks | Settlement & Asset Servicing IssuesEfficiently managed all post-execution queries, fails, and breaks for top-tier clients across all markets. Handled various FOBO reconciliations and realigned dual listed stocks. Kept the management and clients updated on intra-day of large cash/high exposure issues regularly.• Booked FX trades for out of currency executions.• Promptly resolved all settlement issues by liaising with clients and brokers.• Resolved all asset servicing issues by coordinating with Corporate Actions and updated clients on the same. Show less

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  The One Group

  May 2009 - Sept 2016

  Managing Director

  Team Management | Sales, Marketing, Promotions | Training & Development | Investment Advisory | Alternative Investments | Investment StrategiesProvided direction and leadership to the Sales team in the UAE through extensive training and development. Met with and reviewed clients’ financial position, current provisions and future objectives and advised them accordingly. Involved in marketing alternative offshore investment structures.• Helped clients in making knowledgeable decisions with regard to protecting their wealth, income, investment solutions and tax planning. • Proactively promoted the company’s services via seminars and investment presentations. Show less

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  Atom Alternatives

  Sept 2016 - now

  Founder and Partner

  Business Management | Strategic Planning & Execution | Sales & Marketing | Alternative Investments | Client Service | Risk Management | Team Leadership Spearheading all aspects of sales and marketing of alternative investments through various online channels. Playing a key role in identifying and attracting alternative investments to retail and corporate clients. Devising effective investment strategies in line with the client’s risk profile. Identifying and properly communicating all changes to tax legislation in client jurisdictions in the UK to the relevant teams.• Significantly contributing to marketing of offshore investments, trust, and protection structures.• Thoroughly reviewing investment portfolios for the existing client base Show less