Venkat Murugan

• Organizes and conducts requirements elicitation and solution envisioning sessions with stakeholders across Front Office, Quants, Risk, Operations, Middle Office, and MX vendor teams
• Lead, owned, and delivered the MRA/MRB
• Built end to end VaR stress testing reports from creating ASCII files to configure MRB reval runs, enterprise risk monitoring views, dynamic table-based reporting solution for downstream users, virtual sources dump
• Designed input simulation views for the MRA reval calculations to provide breakdowns and outputs
• Worked extensively on ANT tasks to trigger MR failed batches, dump virtual sources, and to purge sources and back up
• Worked on engine strategies, and router performance
• Worked on enabling scenarios to be dynamic multi-jurisdictional shocks requirement for FRTB
• Built various datamart based reports for FRTB, and Global Market Risk
• Designing e-Tradepad (patterns, layout, default values) , customizations using pre-trades (completion and booking), and create trade tasks to invoke the pre-trades for new product representation
• Defining taxonomies, field properties, preference lists and leveraging them in pre-trade rules
• Worked on workflows for trade capture from upstream systems (internal pricing systems)
• Worked on building the settlement workflows for ISO20022 adaption
• Worked on back office modules to build automated long form confirmations, and SWIFT messages for new product implementations including Target Redemption forwards
• Also had the opportunity to design and build a solution for IPV process leveraging different market data sets
• Complete ownership of Control M (EOD) process

Achievements:

• Worked for onboarding new structured products contributing to incremental revenues of ~2M USD
• Built and delivered complex risk calculations across 18 reports for an aggregated ~50m calculations for risk modernization
• Owned and Delivered Back-office confirmation/payments artifacts automating more than 90% of confirmation workflows

• Global Lead Business Analyst of data lake implementation for MIFID post Trade Transparency
• Liaised with Senior Stakeholders (CXOs) of Capital Markets Business to define short-term and long-term strategic goals for Bank to be compliant at different milestones
• Developed product road map, and identified milestone functional deliverables
• Designed regulatory requirements into specific data definitions for strategic source systems
• Owned and delivered 2 strategic goals - Post Trade Transparency and Best Execution for global FX Cash Business
• Owned and delivered API specification for XPATH querying from Data Lake

• Lead Change the Bank Initiatives for FX Cash business
• Owned Global Product Back Log for new products onboarding
• Convened Solution envisioning workshops to bring out optimal requirements and to define minimum viable products
• Developed Prioritization scorecard based on parameters agreed upon with senior management
• Successfully implemented 3 Option products for Asian trading desk covering all aspects Confirmation, Payments, and Market Risk
• Successfully implemented a logical purge feature which helped in reducing storage infrastructure required for End of Day's by 40%
• It also improved End of Day timings by 20%

• Lead Front office efforts to migrate from existing legacy Wall Street System to Murex 3.1 for FX Business
• Owned and delivered design of Front office solution for FX Cash Risk Management
• Designed interface solutions for upstream orders connectivity and downstream trade processing and reporting
• Requirements Elicitation Workshops- convened workshops between senior stakeholders from sales, trading, middle office, and operations across geographies to elicit requirements
• Owned and delivered Trade Life cycle events applicable for specific products
• Designed trade representation for 5 of FX Cash products - Spot, Outright, FX Swap, Time Option, and NDF in target system
• Optimized reporting solutions used by Front Office to cut down number of reports from 60 to about 15 thereby improving overall efficiency

• Global Lead for in-house development and implementation of Independent Price Verification application catering to Equity Derivatives and commodities businesses
• Design and creation of Golden source of Data for TOTEM and ICE estimates to be used for revaluation of portfolios
• As Product back log owner, steered efforts towards building functional application deliverables in sprints, while prioritizing critical objects
• Work products include, Functional Design Document, conversion of FDD from elaborate text format to story format, Given-When-Then scenarios, Mock Up Screens, UI designing, prioritization list for each sprint, and Test scripts
• Owned and delivered functional application from scratch in span of 13 months, enabling bank with critical middle office checkpoint
• Designed prioritization scorecard which was used by other teams

• Owned and delivered PL Explains process build catering to Middle office business
• Owned and delivered migration/deployment of trade books to new codebase for APAC
• With Cross market exposures, FX rates used in Valuation at Asian End Of Day are different from actual closing prices
• Hence, product controllers were re-creating process
• Optimized process saving significantly on resource utilization and storage infrastructure
• As part of Standardization of valuation methodology, developed process to migrate Equity Swaps from legacy valuation methodology
• This involved complex NKY swaps which has dividends accrual in subsequent period
• Being part of core 12 member team, built, tested, and delivered in-house risk management system for global Equity Derivatives team

• Coverage of Pan European MedTech Stocks
• Built and Maintained Financial Models for coverage companies
• Involved in Thematic Report writing, Results coverage for Quarterly, and Annual results
• Created Smart market models to analyze Market share of coverage companies
• Delivered thematic reports on Pharmacy Benefit management system
• Automated the document creation workflow for quick response for results calls