Vaibhavi Sheth
Summary
Derivative Professional with over 15 years experience in Derivative Confirmations, Settlements and Reconciliations. Organized and dependable candidate successful at managing multiple priorities with a positive attitude.
Overview
16
16
years of professional experience
Work History
Derivative Confirmation Officer
Westpac Banking Corporation
01.2019 - Current
- Responsible for ensuring that all trades arrive from the various front end trade capture systems, and are processed into such in a timely manner
- Ensure that all trades are delivered to the client where applicable.
- Load and process any client request to change details and send it to Onboarding.
- Setting up brokerage agreements and input in relevant system
- Resolve any queries in relation to non-delivery of electronic confirmations, liaising with either the 3rd Party Vendor and/or the Ops Services team, to ensure delivery by amending the trade after any changes / permission being granted.
- Ensure timely and accurate entry of trades into various clearing venues, as appropriate.
- Oversight of clearing and reporting processes relating to errors or defaults.
- Resolve queries in relation to non-delivery of electronic confirmations, liaising with either the Ops Services team, to ensure delivery, amending the trade, as necessary, subsequent to any changes / permission being granted.
- Provide daily, weekly and monthly reports where required to Commercial and Operational management. Skilled at working independently and collaboratively in a team environment.
- Risk assessment and management
- Generate reports and presentations for senior management to communicate derivative-related risks and propose risk mitigation strategies.
- Maintain relationships with counterparties and external vendors to ensure accurate and timely derivative trade confirmations and settlements.
- Stay up-to-date with regulatory changes related to derivatives and financial risk management.
Derivative Lumen Reconciliation Officer
Westpac Banking Cororation
03.2019 - 03.2020
- Reconciliation the details between 3 different systems,
- Monitor regulatory changes to proactively identify potential risks .
- Self-motivated, with a strong sense of personal responsibility.
- Proven ability to learn quickly and adapt to new situations.
- Worked well in a team setting, providing support and guidance.
- Generate reports and presentations for senior management to communicate derivative-related risks and propose risk mitigation strategies.
Derivative Officer
Westpac Banking Corporation
02.2007 - 03.2019
- Skilled at working independently and collaboratively in a team environment.
- Self-motivated, with a strong sense of personal responsibility.
- Proven ability to learn quickly and adapt to new situations.
- Worked well in a team setting, providing support and guidance.
- Worked effectively in fast-paced environments.
- Managed time efficiently in order to complete all tasks within deadlines.
- Excellent communication skills, both verbal and written.
- Passionate about learning and committed to continual improvement.
- Proved successful working within tight deadlines and a fast-paced environment.
- Strengthened communication skills through regular interactions with others.
- Organized and detail-oriented with a strong work ethic.
- Adaptable and proficient in learning new concepts quickly and efficiently.
- Used critical thinking to break down problems, evaluate solutions and make decisions.
- Participated in team projects, demonstrating an ability to work collaboratively and effectively.
Education
AFMA -
Certificate in Derivative Operations
Sydney, NSWBachelor Of Arts
Bachelor of Computing
Skills
- Strong written and verbal communication skills with ability to clearly articulate opinions and ideas
- Proven team player able to conduct themselves professionally at all times
- Demonstrates ability to work independently and as part of team environment
- Good awareness of technology applications and software, in order to support growing trading complexity and automation efficiencies
- Strong analytical skills
System Knowledge
MUREX
MARKITWIRE
SWIFT
SERVICE ONLINE
LUMEN
MICROSOFT OFFICE
SHAREPOINT
JIRA
Timeline
Derivative Lumen Reconciliation Officer
Westpac Banking Cororation
03.2019 - 03.2020
Derivative Confirmation Officer
Westpac Banking Corporation
01.2019 - Current
Derivative Officer
Westpac Banking Corporation
02.2007 - 03.2019
AFMA -
Certificate in Derivative Operations
Bachelor Of Arts
Bachelor of Computing
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