Harsh Mehta

Harsh Mehta Email and Phone Number

πŸš€ Middle Office | Risk Management & Trade Support Operations Professional πŸ“Š @ Nayara Energy
india
Harsh Mehta's Location
Dubai, United Arab Emirates, United Arab Emirates
Harsh Mehta's Contact Details

Harsh Mehta work email

Harsh Mehta personal email

n/a
About Harsh Mehta

πŸ”Ή 8 years of expertise in Risk Management, Clearing & Settlement, and Derivatives Operations.πŸ”Ή Proficient in trade reconciliation, risk mitigation, and regulatory compliance.πŸ”Ή Dedicated to training and developing new team members.πŸ”Ή Skilled in utilizing financial software and risk management tools.🏒 Work Summary:- Expert in Intraday Risk Management, margin monitoring, and trade reporting.- Managed client payments, brokerages, and vendor payments.- Collaborated with internal departments to resolve trade discrepancies.- Provided essential trade support for APAC Region and managed escalations and reporting.- Proficient in position reconciliation, give-up/give-in processing, and expiration management.- Delivered live support to the front desk and facilitated trade assistance.-Experienced in project management, collating requirement and drive testing to ensure successful deployment of the project. - Managed trade reconciliation, break investigations, and DVP (Delivery v/s Payment) activities.- Conducted financial audit & reconciliation and handled online submissions.πŸ† Notable Achievements:- Successfully trained 8 to 10 new hires, creating stable processes and back-ups.- Introduced an upgraded reconciliation process, reducing processing time by 60-70%.- Awarded the β€œEmployee of the Month” and a Spot Award for increased efficiency through automation.πŸ’Ό Eager to leverage my expertise in Risk Management and Clearing & Settlement Operations for your team's success. Let's connect for opportunities! πŸ“©

Harsh Mehta's Current Company Details
Nayara Energy

Nayara Energy

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πŸš€ Middle Office | Risk Management & Trade Support Operations Professional πŸ“Š
india
Employees:
1725
Harsh Mehta Work Experience Details
  • Nayara Energy
    Sr. Manager- Risk Management (International Supply And Trading)
    Nayara Energy Apr 2024 - Present
    Mumbai, Maharashtra, India
    Middle office function in managing and performing daily commodity hedging risk position, P&L reporting, Future and Options position reconciliation, collateral negotiation and regulatory compliance.Risk Management Control- Daily trade reconciliation and MTM computation- Collateral/margin call monitoring and negotiation- Overseeing hedging mandates, strategies, and deal validation- Daily MIS reporting to the Management CommitteeISDA Agreement Negotiation- Supporting ISDA and Credit Support Annexure negotiations- Ensuring compliance with internal tax and statutory requirements- Coordinating with the internal compliance team for ISDA agreement clearanceProcess Innovation and Controls- Updating SOPs to reflect the latest procedures- Identifying opportunities for process development and automation- Developing macros and tools for more accurate and efficient MTM computation
  • Morgan Stanley
    Associate - Risk Management & Clearing Operations
    Morgan Stanley Jun 2022 - Jul 2023
    India
    β€’Β Providing client & trader support for full life-cycle of a trade : from onboarding clients to Clearing and settlementΒ β€’Β Perform Intra day Risk Management - Margins and Positions monitoringΒ β€’Β Performing daily MIS and reconciliations and reporting to business units in case of any discrepanciesΒ β€’Β Real time monitoring of client position & marginsΒ β€’Β Assisting front office and resolving client queries related to position/margin managementΒ β€’Β Trading & Clearing Member limits and margin utilization management at ExchangeΒ β€’Β Client trade reporting & booking, break resolution and tradeprocessingΒ β€’Β Processing client payments, brokerages, exchange and other vendor paymentsΒ β€’Β Regulatory Reporting to Exchanges and tracking changes and their impact on the system
  • Trafigura
    Derivatives Analyst - Middle Office Operations (Oil & Gas)
    Trafigura Mar 2019 - May 2022
    -Responsible for end-to-end trade reconciliations, margin call management, processing monthly brokerage, P&L check and processing trade invoicing-Ensuring all trades processed through clearing banks are correct & reconciled against the trader’s book-Work with internal departments like Deals-Desk & Brokerage team to resolve any trade discrepancy-Co-ordinating with external counterparties to resolve discrepancies related to trade bookings & daily margin call reporting-Perform Derivative settlements & reconciliations-Inform the Treasury department of the daily movement of cash received or paid to the clearing houses-Collating requirement and drive testing to ensure successful deployment of the project.
  • Drip Capital
    Manager Operations - Trade Finance
    Drip Capital Jun 2018 - Nov 2018
    -Managing the business operations of Trade Finance – Post Shipment-Monitoring of BL’s / LC’s & other documents related to commercial trade & ensure smooth processing of trade financing-Liaising with counterparties to verify the details of BL’s & commercial invoice raised-Assisting Credit Team in underwriting process of exporters & buyers along monitoring credit exposures of the clients-Managing the accounts payable & receivable to ensure timely payments are received-Regularly chasing for any shipping documents not received in a timely manner from our trading counterparts-Good understanding of the INCOTERMS to have a better understanding of the documents involved in trade financing
  • Morgan Stanley
    Associate - Listed Derivative Operations
    Morgan Stanley Aug 2015 - Apr 2018
    Mumbai, India
    Listed Derivatives - Clearing Operation (APAC - TSG)1) Working with Listed Derivatives Operations as Analyst and providing trade support for APAC Region.2) Capturing and allocating business which is executed by external brokers and Give In to Morgan Stanley 3) Trades executed by Morgan Stanley and Give Up (Execution only business) to external brokers.4) Perform Position Reconciliation between back-end versus front-end system and follow up with the respective risk managers5) Monitor matching systems and ensure that all flow matches or clears internally6) Perform monthly and weekly expiration process and liaise with the relevant teams on physical delivery if any7) Monitor corporate actions8) Escalation and reporting to regional/global counterparts/management
  • Eclerx
    Analyst - Trade Support Group (Middle Office)
    Eclerx Oct 2012 - Jul 2013
    Mumbai Area, India
  • Jsa Services India Pvt Ltd
    Accountant
    Jsa Services India Pvt Ltd 2011 - 2012

Harsh Mehta Education Details

  • Ies Management College And Research Centre
    Ies Management College And Research Centre
    Finance, General
  • S K Somaiya College Of Arts, Science And Commerce
    S K Somaiya College Of Arts, Science And Commerce
    85

Frequently Asked Questions about Harsh Mehta

What company does Harsh Mehta work for?

Harsh Mehta works for Nayara Energy

What is Harsh Mehta's role at the current company?

Harsh Mehta's current role is πŸš€ Middle Office | Risk Management & Trade Support Operations Professional πŸ“Š.

What is Harsh Mehta's email address?

Harsh Mehta's email address is ha****@****erx.com

What schools did Harsh Mehta attend?

Harsh Mehta attended Ies Management College And Research Centre, S K Somaiya College Of Arts, Science And Commerce.

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