Summary
Overview
Work History
Education
Skills
Certification
Timeline
Generic

Abhishek Purohit

Regulatory Reporting Analyst
Loughborough

Summary

3.5 Years in financial derivatives | ACER - REMIT | ISDA - CSA | UMR Phase VI (CSA Onboarding & Collateral Administration) | Regulatory Reporting & Reconciliation

Overview

5
5
years of professional experience
10082
10082
years of post-secondary education
2
2
Certifications
4
4
Languages

Work History

Regulatory Reporting Analyst

Trafigura Global Services Pvt Ltd.
09.2023 - 09.2024
  • End to end ACER - REMIT process in the form of:
  • Delegated reporting reconciliation of natural gas and electricity trades done by Trafigura traders on various European Union exchanges like EEX, EPEX SPOT, BURSA ROMANA, CEEGEX, GME, MIBGAS and other trades conducted through brokers. Identifying breaks/lapses and liaising with exchanges/internal traders as necessary.
  • Self reporting in the form of Table 1 for physical bilateral trades between Trafigura entities and counter parties. Reporting natural gas volumes as part of self reporting for GMSL, UK for their gas storage - TAQA, ENERGYSTOCK & EDISON. Liaising with counterparties and NG/EL operations to cement discrepancies.
  • Fundamental data reporting by reconciling natural gas storage volumes with operations teams vs those provided by gas storage operations in the EU. Responsible for maintaining tracker on daily basis and ensuring that no discrepancies remain outstanding for more than two days.

Operations Analysis Analyst

IHS Markit (Payroll of Quess Corp)
02.2022 - 06.2023
  • Project: - UMR Phase VI (The Bank of New York Mellon)
  • Part of CSA on boarding/Collateral administration team of BNY (spread across the US, UK & Pune) responsible for creating IM/VM agreements between BNY Mellon & their counter-parties for trading in derivatives by analyzing the Credit Support Annexure (CSA) (New York, English & German laws), following up for SSIs/setting them up once available, setting up agreements in Acadia as necessary and handling queries regarding the same.
  • Responsible for end-to-end handling of DMM approvals, spotting deficiencies and reporting them, Acadia setups and making the agreements active post deficiency remediation.
  • Project: - CASS3 Remediation
  • Inferring if the CSA provides for the re-hypothecation of client assets by checking for relevant provisions, CSA amendments and laws governing the said CSA documents to harmonize BNY's tools.

Associate

Morgan Stanley (Payroll of Destar Inc.)
03.2021 - 11.2021
  • Part of Asia trade support group (TSG) responsible for assisting with clearing operations and trade allocations for derivatives trades on Osaka, Sydney, Hong Kong & Singapore exchanges before cut-offs.
  • Responsible for SOD process of accepting trade give ins on the above exchanges for top day, T+1 and T+2 by conducting VM checks, following up with clients in case of deficiencies thereby ensuring that no give ins are left unattended beyond T+2.
  • Responsible for EOD process of sending outstanding trade reports to respective teams detailing outstanding/pending trades and conducting mandatory process checks to spot breaks.

Derivatives Trainee

Mansukh Securities & Finance Limited
06.2019 - 11.2019
  • Proprietary trading in call and put options by creating Delta neutral portfolios across Nifty50 and Bank Nifty indices on NSE, India thereby generating profits.
  • Money churning by intraday buying and selling during times of dull market conditions.
  • Understanding the impact of option Greeks on portfolios, creating new ones as per market index changes and recording spread highs and lows to check price movements.
  • Two weekly prize winner in November 2019 for generating highest profit for the concerned weeks.

Education

Master of Science - Finance & Global Trading

Loughborough University
Loughborough, United Kingdom
05.2024 - Current

Post Graduate Diploma in Management (PGDM) - Banking & Finance Management

NGASCE, NMIMS University
Mumbai
06.2021

Post Graduate Program - Investment Banking & Capital Markets

NSE Academy
Pune
12.2018

B.COM - Business Entrepreneurship

Symbiosis College of Arts & Commerce
Pune
06.2016

HSC - Commerce

Symbiosis College of Arts & Commerce
Mumbai
06.2013

SSC -

MB High School
Mumbai
06.2011

Skills

  • Regulatory Reporting

  • Delegated reporting reconciliation

  • Fundamental data reporting

  • Self-reporting

  • ACER - REMIT

  • ISDA/CSA

  • Collateral administration

  • Proprietary trading

  • Derivatives

  • UMR Phase VI

  • Table 1

  • Trade support/clearing operations

Certification

Financial Modeling, A, NSE Academy, Pune, Maharashtra

Timeline

Master of Science - Finance & Global Trading

Loughborough University
05.2024 - Current

Regulatory Reporting Analyst

Trafigura Global Services Pvt Ltd.
09.2023 - 09.2024

Operations Analysis Analyst

IHS Markit (Payroll of Quess Corp)
02.2022 - 06.2023

Associate

Morgan Stanley (Payroll of Destar Inc.)
03.2021 - 11.2021

Derivatives Trainee

Mansukh Securities & Finance Limited
06.2019 - 11.2019

Post Graduate Diploma in Management (PGDM) - Banking & Finance Management

NGASCE, NMIMS University

Post Graduate Program - Investment Banking & Capital Markets

NSE Academy

B.COM - Business Entrepreneurship

Symbiosis College of Arts & Commerce

HSC - Commerce

Symbiosis College of Arts & Commerce

SSC -

MB High School

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Abhishek PurohitRegulatory Reporting Analyst