Sachin B. Bagate

Investment Banking Professional | Settlement & Trading Operations Associate | DTC Settlement | Global Custody | U.S. Securities | PTM | DVP/FOP | 3+ Years Experience

Role
Associate 2 at State Street
Location
Pune, MH, IN
LinkedIn followers
500 followers
Finance & AccountingView LinkedIn profile

About Sachin B. Bagate

I am a Settlement & Trading Operations professional with over 3 years of experience supporting U.S. market settlement and global custody operations at State Street Corporation. My expertise includes DTC settlement, post-trade matching, cross-border settlements, and managing end-to-end trade processing for equities, ETFs, and fixed income instruments.I regularly monitor settlement cut-offs, funding availability, and security positions, while investigating and resolving trade breaks and settlement fails. I work closely with brokers, custodian, middle office, and risk teams to maintain operational efficiency and strong risk controls. I bring a disciplined, detail-oriented approach and thrive in fast-paced, deadline-driven environments.

Experience

  1. Associate 2

    State Street

    Sep 2022 — Present · Pune, IN

    Managed end-to-end settlement of U.S. equities, ETFs, and corporate bonds via DTC, ensuring compliance with T+1, T+2 settlement cycles.Processed cross-border trade settlements through global custodians and local CSDs, coordinating with counterparties for timely delivery of securities and cash.Performed Post-Trade Matching (PTM) to validate trade details and resolve discrepancies before settlement.Monitored pre-settlement cutoffs, funding status, and security positions to prevent settlement failures.Investigated and resolved trade breaks, settlement fails, and pending transactions by coordinating with brokers, custodians, and internal teams.Handled DVP (Delivery vs Payment) and FOP (Free of Payment) transactions in line with market settlement practices.Prepared and reviewed daily settlement and exception reports to support operational controls and audits.Collaborated with trading desks, middle office, and risk teams to ensure smooth trade lifecycle processing.

Education

  • Savitribai Phule Pune University

    Master's degree, M.com

    2018 — 2020

  • Swami Ramanand Teerth Marathwada University

    Bachelor's degree, B.com

  • Savitribai Phule Pune University

    Master of Business Administration - MBA, Finance, General

    2020

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Sachin B. Bagate — Associate 2 at State Street in Pune, MH, IN | Unifers