Candidates About

Toshik Mathur

SUMMARY                                                                                                                                                                 

Toshik has total experience of 10 years as functional consultant in financial services and his expertise cuts across major finance areas i.e. Capital markets, Wealth management, Credit Risk, MBS trading and settlement, OTC Clearing, Financial Regulations, Equities, Fixed Income and Derivatives. Toshik brings deep business understanding of CCAR regulations and filing process. He has led initiatives for building and restructuring of business models such as for PPNR (Pre-Provision Net Revenue) models, RWA, P&L and Capital Forecasting models to implement CCAR FRY14A requirements. He has played a pivotal role in automating the entire CCAR filing process for a leading custodian bank from data sourcing, models execution through reporting for forecast submissions to FED. He brings strong knowledge in MBS (TBA) trading and settlement space and has been responsible for implementation of trading solution for mortgage-backed securities spanning from execution to settlements. He brings experience in wealth management space and had driven initiative to revamp multiple order management systems and executing risk related projects. He brings experience in Credit Risk space and was involved in bank's strategic initiative of efficient limits monitoring. He has worked on building solutions and frameworks for critical applications that handle credit risk assessment and propose facilities for the counterparties across different asset classes. He brings understanding of exposure management and market regulations like Dodd Frank Act. From his previous roles, he brings experience of working on the bank’s strategic initiative of ensuring proper monitoring of bank’s trades for meeting the compliance and regulatory norms of financial markets across all geographies. He has worked on algorithmic solutions to monitor trades for surveillance requirements like Front Running and Best Execution. Toshik brings in depth experience in business analysis, requirement gathering, conducting current state future analysis, conducting business discussions, UAT testing and coordination, business capabilities mapping and status reporting.

SKILLS

CCAR Reporting                                TBA trade life-cycle                           Securitization

Credit Risk – Limits Management                  Trade Monitoring and compliance                  Wealth Management

Client On-boarding                             Blackrock - Aladdin implementation  Sentinel implementation

Requirement Analysis                         Order management systems                SQL and Data Analytics

UAT Testing                                       IT Transformation                               Mortgage backed securities

EXPERIENCE                                                                                                                                                         

Wipro Technologies, Boston, MA                                                                                                                            Oct 2016 to Present

Principal Consultant (Role Business Analyst)

Client: Leading global custodian firm

Involved in client’s strategic initiative to revamp the CCAR models according to the FED requirements and guidance for reporting purposes.

o   Assisted in business requirements, UAT coordination and project management for bank’s strategic initiative of building a straight through process for CCAR FRY14A reporting.

o   Built business blueprints to define the processes for data gathering, models building, validation, models execution, self-servicing portal for models updates and projections reporting as per the FED guidance.

o   Involved in current state future state analysis and gap assessment for restructuring the CCAR models through close interactions with business and technology.

o   Assisted business to comprehend the FED requirements for CCAR reporting and assimilate them into projections generating models such as Capital worksheets, PPNR models and Balance sheet models.

o   Involved in the CCAR 2017 reporting cycle for the bank and worked closely with the business to lead the effort for defect tracking, issues diagnosis and implementing corrective actions for completing FED submission.

Harkendata, Jersey City, NJ                                                                                                                                 Aug 2016 to Sep 2016

Business Analyst (Role Business Analyst)

Client: Leading global investment bank

Involved in client’s strategic initiative to automate the process of implementing CCAR models and build a self-servicing portal to enable the model owners to build and correct the models.

o   Assisted in business requirements and project activities coordination for bank’s strategic initiative of building self-servicing portal for incorporating updates into the models with minimal technology support.

o   Assisted with system testing of the models creation, validation and execution.

o   Involved in coordinating the project management activities across the engagement and reported progress and dependencies to senior leadership.

Ernst and Young, New York, NY                                                                                                   January 2014 to July 2016

Manager (Role Business Analyst)

Client: Leading global wealth management firm

Involved in revamping of trade ticketing processes and order management systems for a wealth management firm in their front office initiatives.

o   Assisted in business requirements, UAT coordination and project management for bank’s strategic initiative of monitoring clients for adherence to risk framework, by accomplishing processes from on-boarding to risk rules monitoring through Sentinel implementation.

o   Managed identification of key operational gaps in MS wealth management business processes from a particular money manager’s perspective. Wrote requirements to build framework to boost revenue through fee and commissions and revamping of order management systems. This required changes front-office to back-office involving systems for order entry, trade positions, trade confirmations and trade surveillance.

o   Managed data analysis effort to highlight the usage and trends of new order management systems versus the legacy systems.

Client: Leading government sponsored enterprise

Involved in strategic implementation of trading solution for mortgage-backed securities:

o   Worked towards implementation of TBA trading solution (Blackrock – Aladdin) for mortgage-backed securities covering operations from execution through settlement.

o   Performed gap analysis to understand the business functions to be implemented and worked towards strategic decision of building application to support MBS allocation, pair-offs, trade and pool netting, settlement and cash forecasting and cash wire systems

o   Worked within cross-functional business areas of MBS life cycle to ensure a seamless integration of the trading platform and coverage of all MBS activities.

o   Managed business requirements, end-to-end UAT execution and coordination and business capabilities mapping for the entire MBS workflow.

Cognizant Technology Solutions, New York, NY                                                                                 June 2011 to December 2013                                                                                                                                      

Consultant (Role Business Analyst)

Client: Leading global investment bank

Engaged with a large investment bank pertaining to credit risk and limits monitoring

o   Managed bank’s strategic initiative of complying with Dodd frank regulations on precise exposure management and limits monitoring based on booking offices and netting agreements.

o   Managed the strategic initiative of building a self-servicing limits monitoring portal to empower the stakeholders with privilege of updating the limit calculation algorithms.

o   Worked with the credit officers to provide solution for defining consolidated regulatory frameworks for counterparty rating and limit allocation utilized for credit exposure management.

o   Managed bank’s strategic initiative of closely aligning to strong regulatory market needs of managing efficient credit risk infrastructure and potential future exposure based on client’s risk appetite.

o   End to end understanding of the credit risk management that involves trades processing, trade capturing, rating, limits creation, pre and post trade analytics and exposure management.

o   Responsible for business requirements documentation, end to end UAT testing and coordination.

o   Responsible for running data analytics through SQL tool for identifying gaps / issues.

Wipro Technologies, Stamford, CT                                                                                                     May 2007 to May 2011  

Business Analyst (Role Business Analyst)

Client: Leading global investment bank

Engaged with large investment bank to provide solutions for adherence with global regulatory norms on efficient trade monitoring

o   Worked with the Compliance Heads across globe on the bank’s strategic initiative of ensuring proper monitoring of bank’s trades for meeting the compliance and regulatory norms of financial markets across all geographies.

o   Managed building of algorithmic solutions to monitor trades for surveillance requirements such as Front Running and Best Execution.

o   Provided strategic solution for capturing all the instrument and trade level details for different asset classes i.e. Equity, Fixed Income and Derivatives and utilizing these details for efficient trade monitoring.

o   Responsible for business requirements documentation, end to end UAT testing and coordination.

o   Responsible for running data analytics through SQL tool for identifying gaps / issues.

Client: Leading global custodian bank

Engaged with a premier U.S. custodian bank for contribution towards the major integration activities of various custodian applications.

o   Involved in identifying and analyzing the requirements for building efficient custodian reporting applications and their integrations.

o   Involved in preparing the scopes and functional requirement specifications for the integration activities.

Academic Qualification

Bachelor of Technology in Computer Science

MBA in Finance

CFA – Level 1