Business Analyst Analysis

Niranjan Rudraradhya

***********@*****.*** 416-***-****

CAREER SUMMARY

Over 20 years’ of experience in the financial services with years of Operational and Business analysis experience with instruments such Mutual Fund, ETF, Equities, Segregated fund, OTC Derivatives, FX Risk, MBS and Fixed Income projects, in Middle and Back office areas.

Core competencies include: Business analysis, business process improvement, business development, Client service, relationship management, and team management in Investment banking operations such as Asset, Wealth Management, Global Custody, Brokerage Services and Insurance.

●Experience in internal and external stakeholders management, excellent communication and presentation skills

●Demonstrated capabilities in managing process verticals with strong background in implementing process improvements and quality initiatives for desired performance/quality levels

●In-depth knowledge of Office 365, Visio, Microsoft Word, Excel, Power point, Access, Outlook, Lotus Notes and SQL

●Communicated well with business professionals, easily establishing rapport and gaining client confidence

●Developed effective relationship with direct reports, IT professionals, Senior Management, professional consultants

CORE COMPETENCIES

Business Analysis

Process Documentation

Transition Management

Asset Management

Custody operations

Fund accounting

Equity & Fixed income

Corporate Actions

Trade Operations (Confirmation)

PROFESSIONAL EXPERIENCE

Scotiabank, Business Analyst Sep 2024 - Feb 2025

Responsibilities:

●As part of the Impact support team under Technology, worked on enhancements related to Broadridge’s Impact application (Fixed Income), Cognos reporting tool and Tidal jobs

●Supported daily Impact related issues, UAT (User Acceptance testing) testing for Go Live on multiple initiatives

●Supported Post Trade Modernization (Canadian Depository Services) application migration project related testing for Impact application

●Collected and stored Data, documentations using Sharepoint application for centralized access and audit requirements

●Used the Office365, Visio, MS Project applications to fulfill daily duties

BMO, Business Consultant Sep 2022 - Jul 2024

Responsibilities:

●Successfully implemented Regulatory reporting for T+1 Settlements within the Capital Markets area of Business

●Participated in the Projects Delivery team by driving the T+1 Settlement initiative across Capital market teams

●Elicit requirements around upcoming industry changes, assess Business impact on internal functions such as Trades confirmation, Securities Lending, Corporate Actions teams

●Analyzed and facilitated requirements documentation for adopting internal system and process transformation

●Organized and led the Vendor application implementations, UAT test initiatives and project coordination

●Report progress of assignment on a regular basis using Powerpoint to Project Management team, raise any issues and concerns, and propose mitigation strategies across Middle Office and Capital Markets

●Spearhead the enhancement of T+1 related changes to an Internal Trades Confirmation reporting tool a Regulatory reporting changes requirement (NI 24-101) for North American region and Global teams

●Supported reporting on Power BI, analyze data using MS Excel, SQL query, extensively used Sharepoint for documentation

Scotiabank, Business Analyst/QA May 2021 – Sep 2022

Responsibilities:

●Orchestrated the Post Trade Modernization (Canadian Depository Services) application migration project (BaNCS implementation), a Regulatory initiative

●Channelized PTM industry changes within Scotiabank Business users and affected stakeholders

●Gathered requirements around upcoming industry changes, its impact on internal functions and got them addressed from TMX or Data Vendors

●Analyzed and documented requirements for adopting internal system changes

●Gathered details and prepared test scenarios, for Test strategies in line with TMX initiated Industry Scripted and Unscripted testing using JIRA

●Organized and led the UAT preparation initiative

●Created test cases for Industry testing on Corporate Actions, Settlements & Trade Confirmations

●Organized meetings, engaged functional groups, spearhead on different initiatives such as CSDR Regulation changes, Give Up client, Real Time Trade Affirmation, Paperless Initiatives by supporting the Operations teams channelize these internally

CIBC - CDS PTM Project - Test Analyst, Business Analyst/QA Nov 2020 – Apr 2021

Responsibilities:

●Participated in the Post Trade Modernization application migration project (BaNCS implementation)

●Gather, Analyze and document requirements for Test strategy in Middle Office

●Mapped current state Corporate Actions Business process flows

●Organize and led the UAT preparation initiative

●Created test cases for Industry testing on Account Transfers, Corporate Actions

●Lead the Service provider’s Early Adopters testing initiative internally

TMX Group, Business Analyst/QA Jul 2018 – Oct 2020

Responsibilities:

●Participated in TMX Post Trade Modernization application migration (large project) a Regulatory project (BaNCS implementation) from Legacy to web based application

●Gather, Analyze and document Business requirements for Corporate Actions processes for Equity, Fixed Income products

●Gather and defined CA workflow management activities, user story for WF tool development and Alerts system

●Prepare Current state (AS-IS) and evaluate Future state (TO-BE) workflow requirements

●Make product decisions for the business, negotiated priority and business values to align with the product vision while ensuring the systems team are moving to accomplish the envisioned outcomes

●Collaborate with Technical teams, Cross-functional teams, System Analysts and Stakeholders for Solution Analysis discussions, Requirements Elicitation, Business Design reviews and follow through testing across Agile Sprints

●Worked through various SDLC phases, Acceptance Criteria, Test Criteria, review User stories before closing

●Validate the solutions to requirements and final BRS documentation, Liaise with project stakeholders

●Anticipate the needs of the customer or internal stakeholders based on understanding of the current business and pain points in the current Legacy system (being decommissioned)

●Worked on amending or using SWIFT messaging standards for Corporate Actions and Trade confirmations

●Created Test cases for Transaction Management, Tax Management, Workflow and other functionalities

●Review test cases for accuracy and completion before QA Test execution

●Executed SQL queries to run test cases and retrieve the desired results

●Analyze data to identify patterns and extract insights, Identify data resources and researched historical data

●Executed QA testing for various functionalities and assisted with development of UAT test plans

●Use Testrail for QA test case tracking, Jira and Confluence for reporting and managing defects

●Worked on CDS Mainframe, Murex and other applications

NAV Production, RBC I&TS Jul 2013 - Jan 2018

ETF, NAV Production and Custody Administration, Business Analysis

Project 1:

Description: ETF Trade Order management development Agile methodology

Responsibilities:

●Collaborated with project teams, clients, facilitated service improvement, Business Process change and deployed technology to Business

●Responsibilities include Elicit, Gather, Analyze, Document, Communicate requirements and change management

●Prepared, analyzed AS-IS and TO-BE workflow process maps, documented detailed business requirements and other project management artifacts

●Proposed functional solutions after thorough analysis of business requirements and prepared change management roadmap for transformation

●Provided support to the IT design team, development team by gathering, developing and executing the UAT

●Assisted in the development and acceptance of functional specification documents

●Coordinated testing and validation with business users, logged, tracked and addressed all concerns/problems

●Controlled the testing environment for user acceptance testing, tracked, reported and escalated issues for redevelopment

●Worked with Market makers (Traders) to roll out the project being the project owner, in phases

●Worked through the Life cycle of mutual funds and ETF

Project 2:

Description: ETF module Fund accounting application reengineering project using Agile methodology

Responsibilities:

●Collaborated with project team, interfaced with clients, facilitated service improvement, deployed technology

●Gathered, Analyzed, Documented, Communicated throughout the Change management process

●Supported ETF, OTC Derivatives trades related NAV calculation, PnL reports

●Gathered requirements from clients using both structured and unstructured interviews, questionnaires, prototyping

●Provided support to the IT development team by gathering, developing and executing the UAT Testing

●Took control of testing environment for user testing, created mock ups, executed SQL queries to generate results

●Worked with stakeholders to successfully roll out the project as the project owner, Worked closely with Client Onboarding, Transitions and clients closely throughout the project

●Supported upgrades to supporting applications such as Murex, Mpower, etc.

●Supported New fund launch, client onboarding efforts, used Fernergo application

Project 3:

Description: Trust bridging to external Custodian application using Waterfall methodology

Responsibilities:

●Coordinated with respective internal and external parties (BNY Mellon), prepared a business case and related financial templates to gain project approval and necessary funding

●Gathered, analyzed, documented, communicate business requirements and through Change management cycle

●Provided support to the IT development team by UAT Testing

●Raised defects, reported and completed regression testing

●Supported with Murex system integration and implementation

Mphasis (an HP Company), Banking and Capital Market Operations Oct 2010 – Oct 2012

Business Analyst - Operations Manager

Project: Cost Basis Operations (CBO) within Banking and Capital market vertical

Responsibilities:

●Comprehensive knowledge across all functional areas with expertise in defining project scope, assessing and managing project risks and requirement gathering process

●Interacted with the client to gather requirements, documenting the technical and functional specifications

●Worked with Project stakeholders analyzing their business environment

●Identified areas of opportunities through SWOT analysis and developed recommendations for process improvement, using Python for Data mapping and extract data for analysis

●Implemented changes to eliminate the manual intervention an automate processing functions

●Completed projects and ensured the end result was achieved per scope details, throughout SDLC lifecycle

●Analyzed complete process, identified problems and determining solutions by working with developers

●Provided post-implementation, application maintenance and enhancement support to the Eagle application/panels

●Assisted with cost management, including budget planning, tracking spend, and reporting

●Controlled Cost Basis G/L reporting, General cashiering (for Front office) and Account Transfer Services operations

●Directed operations SLA, quality scores, hiring, client, business and people management

●Analyzed monthly/quarterly/yearly financial & operational performance parameters

●Worked closely with the Sales and solution teams to execute delivery initiatives and business expansion

Accomplishments:

●Played key role in driving IT-BPO Synergy projects, administered process technology and re-engineering projects

●Directed client oriented compliance requirements, operational risks, per audit guidelines and procedures

JP Morgan Chase, TSS, Fund Accounting Nov 2008 – Oct 2010

Process Manager, Fund Accounting trades process, Fund Services

Responsibilities:

●Processed Trade transactions (SWIFT messaging), Wallstreet Foreign Exchange reconciliation and resolved trade related Cash & Stock breaks issues

●Hands on experience on TLM reconciliation, Bloomberg platforms

●Captured OTC Derivatives, Futures, Options, Fixed Income and Equity transactions for PnL, NAV calculation

Accomplishments:

●Documented processing procedures and mapped process flows in current and future state

●Worked on Business implementation plans of new Trade Management tool for impacted Business units

●Completed UAT (User Acceptance testing) testing and provided the finding to development team

Deutsche Bank Operations, Asset Management Nov 2006 – Nov 2008

Team Manager, US Corporate action, Asset Management

Responsibilities:

●Oversaw portfolio and user administration functions, validation of user access level on internal applications

●Regularly audited the validity of user accesses in PIMS, Charles River and other applications

●Used Charles River to track the Trades, provided User Administration and for Reconciliations

●Notified Corporate action event to Portfolio Managers, communicated and recorded election from Custodians

●Supported Investment Manager with accounting functionalities and acted as the liaison between the Custodian and Investment Manager for processing and reconciling the Corporate action proceeds

Accomplishments:

●Was trained in USA to develop expertise in documenting the process mapping and operational procedures

●Solely migrated Corporate actions process from NYC to Bangalore office

●Orchestrated Business transformation projects like automation of election, eFax and paperless office

Bank of New York Mellon (India Pvt. Ltd), GSS – Custodian Services Jul 2005 – Nov 2006

Team Leader, US Income process

Accomplishments and Responsibilities:

●Played key role in migrating the operations from a third party BPO to Mellon’s captive set up

●Processed Dividend income payment (Equity and Fixed income) for USA and Canada client accounts

●Reconciled, collected and allocated equity dividend and fixed Income funds

●Directed employee performance analysis, work and resources allocation, productivity and quality control

Infosys BPO (India) May 2002 – March 2005

Business Consultant, US Corporate Actions team (Equity Income)

Accomplishments:

●Solely analyzed client's processes, attended process training and acquired a proficient working knowledge in USA

●Proposed, documented and implemented workflow changes, Business process with all time high quality scores

●Was certified and trained on handling MBS - Mortgage Backed Securities, AML and KYC concepts

●Processed Health Insurance claims in a timely and accurate manner

Responsibilities:

●Processed Dividend Income allocations in a fast paced environment for US Equity accounts

●Performed daily departmental audits while reported results to higher management and onshore team in USA

●Completed an Oracle 11i testing project for its launch and extensively used SQL queries to analyze data

EDUCATION

Masters of Marketing Management (MMM) Pondicherry University 2004

Bachelors of Business Management (BBM) Bangalore University 2001

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