Summary
Overview
Work History
Education
Skills
Certification
Accomplishments
Disclaimer
Interests
Timeline
Generic
Dr. Shivashankar Rangaiah

Dr. Shivashankar Rangaiah

Associate Vice President - Investment & Banking Operation
Chennai

Summary

Experienced corporate professional with a strong track record of leading teams and achieving impactful results in dynamic environments. Recognized for strategic vision, financial acumen, and effective team leadership. Over 18 years of experience in Capital Market and Investment Banking operations, managing a team of 60+ members. Expertise includes Corporate actions, Equity and Fixed Income settlements, Data Management, Swift Payments, Fund accounting, and Regulatory reporting. Specializing in UCITS and AIF trustee & depository services, Collateral management, Derivatives operations, Securities Pricing, and Anti Money Laundering compliance. Discretionary Portfolio Management for Fund Managers and Brokerage operations.

Overview

18
18
years of professional experience
2
2
Certifications
4
4
Languages

Work History

Associate Vice President

Accenture India Pvt Ltd
09.2021 - Current
  • Managing a team span of 60+ team members.
  • APAC & EMEA Corporate action Data scrubbing & Processing (MCA & VCA), MT564/MT566, Cash/stock Breaks Management, Margin Analysis, Collateral management, Payment authorization of above 5 million, Change management lead, Data management & planning, stakeholder management, annual appraisal & budgeting, 2nd level escalation contact (Internal & External clients), Attend process governance meetings, Auditing (SOX), Sanctions securities review member, Risk committee member, SOP review & approvals, CEO desk initiatives etc.
  • Participate in monthly governance meeting with various agent backs across EMEA & APAC.
  • Key member of hiring & development committee for the entire project.
  • Negotiate with stakeholders on new process & billing.
  • Exposure to Projects: Process automation (DevOps) using AI & Blockchain, pertains to both in-house and external systems, BoT implementation, prepared business charter, assessment of UAT results (Business/ End User testing/regression).
  • Core committee member to review business solutions and drive projects.
  • Change management, Delivered projects worth between USD 5 to 10 million.
  • Panel member: Attend monthly governance calls with various global custodian banks (APAC & EMEA), review of service escalations, responsible to amicably resolve internal & external stakeholders challenges, hiring committee member to review and negotiate head counts with Service delivery team.
  • Client management deliverables: KRI/KPIs, SLA, RCSA, Net Promoter Score (NPS) etc.

Delivery Manager

Societe Generale Pvt Ltd
12.2014 - 08.2021
  • Corporate Action (CA) operations (MAND & VOLU) facilitated for AMUNDI funds & other clients, Data scrubbing of various CA notifications received via SWIFT (MT564/566).
  • Securities Sanction & Compliance check.
  • Data Management, Trustee & Depository services for UCITS & AIF.
  • Review of collateral, My core responsibilities were as follows.
  • Ensure the daily deliverable and monitor closely the SLA, KPI & KRI.
  • Attend daily/weekly/monthly calls with various stakeholders.
  • Driven project on Center of Excellence to achieve quality, share best practices to teams operating within SGSS.
  • Appraisal management and budgeting for employees.
  • Collaborate with CEO/CIO executive committee on various transformational initiatives.
  • Assessment of skill Metrix and ensure adequate backup.
  • Drive management initiative on process modernization/risk/up-skilling/client cultures etc.
  • Manage all escalations and track the progress.
  • Report the same in IMT.
  • Liaise with various internal and external stakeholders for various business reasons.
  • Contribute to the cost saving projects and achieve the desired results.
  • Liaise with business support team to identify and decommission of legacy applications.
  • Conducted workshop on process excellence through ML/AI/Block chain.
  • Contribute to operational efficiency - 20 million EUR saving through various initiatives.
  • Perform compliance controls on monthly/Quarterly/Semi-annually in the GPS tool.
  • Review of CSLA and get it endorsed on yearly basis.

Team Leader

Tata Consultancy Services Pvt Ltd
03.2011 - 12.2014
  • Investment & Treasury operations, Banks portfolio, Discretionary Portfolio management for Institutional/ HNI client, brokerage operation.
  • Following were the activities carried out under my supervision.
  • Settlement of various trades under the Omnibus model such as equity, mutual funds & fixed income securities.
  • Send trade reports to various counterparties and acted as first level global ops escalation point of contact.
  • Generate brokerage report and remit the daily fees to stock exchange.
  • Prepare monthly report on brokerage fee commission for compliance & internal management.
  • Perform reconciliation daily/weekly/monthly for equity, mutual funds & fixed income securities.
  • Processing of various corporate actions (Mandatory & Voluntary) basis on custodian Mt564.
  • Prepare monthly portfolio statement for all discretionary clients with holding above USD 5 million and share the same with relationship manager.
  • Set-up of securities in business object (Oracle) & FIT.
  • Responsible to assist new customers on-boarding and documentation for investment accounts.
  • Internal fund transfer from client’s Investment account to others and vice-versa.
  • Review & authorize SWIFT such as MT541, MT210, MT103, MT202, MT543.
  • Ensure MT564 MT566 are sent to the respective relationship manager within cut-off.
  • Place orders for all fixed income securities through broker terminal for both retail/corporate clients.
  • Ensure trade confirmations are sent accordingly.
  • Processing payments in SAXO application for all International shares, swaps, options, forwards futures deal payment in K+TP (Thomson Reuters) and notify the counterparties.
  • Processing of subscription & redemption of under Omnibus category such as Mutual Funds, Bonds & Equities.
  • Authorize all high value payment before it is sent via SWIFT.
  • Send weekly compliance reports to Qatar Exchange and Qatar Financial Market Authority.
  • Liaise with various fund houses or custodians for settlement of trades.
  • Prepare weekly report on team’s production and initiatives and send the same to the top management.
  • Conduct fortnight meeting with team, to evaluate team’s performance and discuss team’s plan and its implementation, brainstorm on challenges and action the same.

Financial Analyst

iNautix Technologies
06.2008 - 03.2011
  • Profile 1: Ops business analyst role for developing portfolio management tool pertains to IBD (Introducing broker dealers in US).
  • This system was developed with an initial cost of USD 250 million.
  • Carryout User access testing after each release and share the feedback and defect details with project manager.
  • Monitor and ensure Jobs such as Feed loading, Event publishing and Posting of data are successfully completed, ensure User interface tool (ESP Console) provided for business operations is accessible.
  • Update immediately any of the above job that failed, raise Severity ticket to respective support team and follow-up to ensure same is resolved.
  • Reconcile Equity/ Fixed income/Cash/Annuity/ Mutual fund breaks vs various data providers.
  • Send status report to both onsite and peer team group before 9 am EST.
  • Generate Corporate action related breaks using SQL query analyzer.
  • The breaks involves both MAND & VOLU corporate actions.
  • Rebuilt Accounts/ Securities and transfer all those positions/holdings pertaining to the security.
  • Take care of on boarding new client that need Enterprise Portfolio Management service.
  • Connect with various IBDs and Fund house/Data provider situated in the US for any delay or discrepancies in securities statements.
  • Perform UAT using SQL queries provided by support team to examine data in the back end.
  • Profile 2: As a senior associate in the team of 21 members.
  • Post migration of Anomaly Reconciliation, served various IBD located in the US to facilitate portfolio auditing of various securities such as Equites, fixed income, derivatives, cash & REITS held under each IBD, valued at USD 3.5 billion approx.
  • Also prepare fortnight & monthly reports to the IBDs.
  • Reconcile various breaks that are generated at 5 pm AST and ensure same is reconciled before 9 am AST on the following business day.
  • Scrutinize Pricing of different securities using Netxpro application and report its discrepancy to onshore team.
  • Assign the daily BAU activities to team members, as an as SME (Subject Mater Expert) for Chennai team, monitor the BAU and assist team members.
  • Responsible to track accounts those are frequently affected by anomalies, track the status of those rebuild securities in MAGPORT and report the same on daily/monthly basis to onshore team.
  • Participate in the weekly/monthly call with onshore to discuss the challenges and status on aged break and reasons.
  • Prepared Standard Operating Procedures and scorecard for internal usage.

Portfolio Analyst

BAJAJ CAPITAL LTD
04.2007 - 06.2008
  • JOB PROFILE: Use 360
  • Financial Planning tool (Tool designed by IT team) to prepare Portfolio Comprises of Equities, Mutual Funds, Insurance Schemes, And Fixed Deposits, Pension Schemes, Post office Schemes Reality and other such investments.
  • Responsible for the Corporate Presentations on Mutual funds, Life Insurance, Real Estates and other such investment products to Branch HNI clients.
  • Prepare portfolio for Clients with minimum investment of INR 5 lakhs using multiple tools & systems.
  • Quarterly review the portfolio of clients and update them through email, regarding current holdings and net worth.
  • Facilitate subscription & redemptions for placed using the desirable NAV.
  • Reconciliation of customers holding Vs respective Asset Management Company.
  • Offer client KYC (Know Your Customer) by validating essential document.
  • Contact various AMC (Asset Management Companies) to ensure the fund statements.
  • Conduct training session on Indian Capital market to new join associates across Chennai branches.

Education

Ph.D. - Mutual Fund Management

University of Madras
Chennai, India
04.2001 -

MBA - Finance & Marketing

Anna University
Chennai, India
04.2001 -

B.Com - Financial Management

Pondicherry University
Port Blair, India
04.2001 -

Commerce -

CBSE Model School - AISEC
Port Blair, India
05-2002

Root Cause Analysis Using Structured Approach

TapRoot USA - Certified Root Cause Analysis
11-2017

Skills

Investment Banking & Operation management

Automation & Process transformation

Collateral Management

Strategies and business development

Financial Regulatory

Stakeholder/Data Management

Auditing & Compliance

Financial Products & Portfolio

Front & Middle office systems & Changes

Securities Pricing & Reconciliation

Certification

Lean Six Sigma Certified, 01/01/16

Accomplishments

  • ENCORE award for best people manager, 01/01/23
  • Best Manager award – Star of the Quarter, 01/01/19
  • Nominated for Employee of the year, 01/01/20

Disclaimer

I hereby declare that the above-mentioned information is true to my knowledge.

Interests

Cycling, Badminton, Swimming, Blogger

Timeline

Associate Vice President

Accenture India Pvt Ltd
09.2021 - Current

Delivery Manager

Societe Generale Pvt Ltd
12.2014 - 08.2021

Team Leader

Tata Consultancy Services Pvt Ltd
03.2011 - 12.2014

Financial Analyst

iNautix Technologies
06.2008 - 03.2011

Portfolio Analyst

BAJAJ CAPITAL LTD
04.2007 - 06.2008

Ph.D. - Mutual Fund Management

University of Madras
04.2001 -

MBA - Finance & Marketing

Anna University
04.2001 -

B.Com - Financial Management

Pondicherry University
04.2001 -

Commerce -

CBSE Model School - AISEC

Root Cause Analysis Using Structured Approach

TapRoot USA - Certified Root Cause Analysis

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Dr. Shivashankar RangaiahAssociate Vice President - Investment & Banking Operation