Digambar Sutar

Team Lead -Trade Settlement/ Reconciliation| Client Asset & Money (CASS) Governence | Risk & Control | Investment Banking |EMEA Division|

Role
Team Lead-trade Settlement Reconciliation and Cass Regulatory Reporting at Accenture
Location
Mumbai, MH, IN
LinkedIn followers
500 followers

About Digambar Sutar

CASS & Asset Servicing Team Lead with 6+ years of experience across UK investment banking and asset management environments. Proven expertise in FCA CASS (Client Money & Assets), CMAR, cash & custody reconciliations, trade settlement, and regulatory reporting. Strong background in post-settlement investigations, breach management (Ops 9A / 9B), audit support (PwC, KPMG), and risk & control frameworks. Experienced in team leadership, UAT testing, and automation using IntelliMatch, consistently delivering zero-penalty regulatory outcomes.

Experience

  1. Team Lead-trade Settlement Reconciliation and Cass Regulatory Reporting

    Accenture

    Nov 2025 — Present · Mumbai, IN

    Acted as FCA CASS SME for a UK banking client, ensuring accurate segregation of client money and custody assets across Client Money, Stock Hub, and CMAR with 100% regulatory accuracy. Performed daily cash and custody reconciliations across Prime Brokerage, Cash Equity, Stock Lending, and settled funds for high-value and high-volume accounts. Investigated and resolved post-settlement breaks, including cancellations, amendments, duplicate settlements, ISIN transformations, and nostro/depot transfers. Managed CASS breach identification, escalation, and resolution, including Ops 9A / Ops 9B, suppliercaused breaches, and regulatory self-declarations. Approved post-settlement trade amendments and cancellations after assessing client money risk and obligation exposure, ensuring protection of client assets. Ensured alignment between custodian settlements and internal bookings, coordinating with Middle Office, Risk, and Operations teams. Supported PwC, KPMG, and internal audits, UAT testing, CREST SLD checks, journal/DTR postings, and SOD/EOD proof checks. Led and trained 4+ team members, improving productivity through IntelliMatch auto-matching and auto-coding rules.

Education

  • Gokhale Education Societys Shri Bhausaheb Vartak Arts Science and Commerce College M H B Colony Gorai Road Borivli West Mumbai 400 091

    Bachelor of Commerce - BCom, Accounting and Finance

  • Maharshi Dayanand College of Arts Science & Commerce Kamgar Manzil 25 Dr.S.S.Rao Road Parel Mumbai 400 012

    Master in Banking and Finance , Banking, Corporate, Finance, and Securities Law

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Digambar Sutar — Team Lead-trade Settlement Reconciliation and Cass Regulatory Reporting at Accenture in Mumbai, MH, IN | Unifers