Rakesh Kumar

About Rakesh Kumar

Middle Office Operations includes:• Trade capture - which involves the booking of a wide variety of Swaps, FX and ETFs into the risk management system.• Index Dividend processing, manual calculations and queries.• Spread exception (Re-rates) processing for client short positions.• Typical products traded and booked on a daily basis are: Forwards, Swaps (Interest Rate, Price Return and Total Return), FX, Cash equities, Loans, Deposits, Rates, etc.• All of these need to be captured in an accurate and timely fashion and P&L and riskcommunicated back to the trading desks• Within trade support the team is aligned by trading desk into Single Stocks, Index, Fund derivatives, Emerging Markets and Structured Corporates.• Typical daily tasks.Capture of Treasury products, loans, deposits, foreign exchangeReconciliation of trades in trade capture and risk applicationDaily running of a wide variety of capture control reports4 eye check of all manually booked tradesReconciliation of Nostros – Profile includes reconciling Nostro entries for various business lines, matching the related entries and allocating the unmatched breaks to respective business lines for further investigation. Responding to queries related to unmatch request, search related to archived nostro entries. Have knowledge on Markit and DTCC, financial market and Trade Life cycle.Being Supervisor in the Team, assuring the quality and delivery of activities within process are done according to Service Level Agreements (SLA).

Experience

1. AVP

   J.P. Morgan

   Mar 2018 — Present · Karnataka, IN

Education

• M.G.M Higher Secondary School

  Higher Secondary, Commerce

  1998 — 2000

• Delhi University

  Post Graduate Diploma; A.I.M.A; Bachelor of Commerce (B.Com) affiliated; Post Graduate Program, Management; Finance &Marketing; Corporate Communication

  2000 — 2003

• M.S.Ramaiah Institute of Management

  pgdm, Finance

• Shivaji College, DU

  B.Com, Accounts, Tax Audit, Law

  2000 — 2003