Kriya Patel

About Kriya Patel

I love reading and having conversations about anything under the sun. As a recent…

Experience

1. Analyst

   Morgan Stanley

   Jun 2024 — Present · Mumbai, IN

   Accomplishments:• Secured the firmwide \'Spotlight Award\' within 10 months of joining for Quality, Control, and Resilience• Automated a high-impact manual process, delivering ~170 hours of annual time savings and achieving a 50% reduction in operational risk, along with a sustained reduction in regulatory and reputational risk• Delivered measurable results under pressure, successfully managing time-sensitive issues and large-scale financial recoveries (to the extent of $750mm) through effective communication and collaboration • Proactively identified and eliminated several non-value-adding steps in day-to-day processes, such as streamlining intercompany payment cancellations, thereby saving 21 hours annually and reducing the firm\'s risk exposure by preventing unintended settlements• Consolidated data across multiple parameters for all CCPs, enhancing our analytical capabilities and improving the quality of reporting for key internal stakeholders• Identified and helped resolve critical issues on Power BI platforms, which streamlined automation capabilities, enhanced reporting accuracy, and proactively avoided potential audit concernsDaily Responsibilities:• Managing Initial Margin and Variation Margin exposures with the CCPs for OTC, Listed Derivatives, and Interest Rate Swaps trades, focusing on accuracy and timely execution to support critical trades• Managing non-cash CCP accounts across the EMEA region, ensuring strict compliance with regulatory concentration limits and collateral eligibility, which is vital for safeguarding firm assets• Continuously monitoring and analyzing firm collateral requirements, optimizing bond and cash allocation to cover firm shorts, and ensuring the strategic recall of valuable collateral• Actively coordinating with diverse internal stakeholders, including Finance, Credit, Sales & Trading, and Support desks, to ensure smooth daily process flows and address any operational bottlenecks promptly