Maninder Pal, Cfa Email & Phone Number

Toronto, On, Ca

Toronto, Ontario, Canada

Heading Trading Desk Oversight to monitor trading activity to safeguard the integrity of the trading function and protect the interests of the bank by ensuring compliance with policies, procedures, and regulatory requirements. The role entails:• Ensuring adherence to all relevant financial regulations and industry standards, including CFTC Swap Dealer (SD), SEC Security-Based Swap Dealer (SBSD), CSA Multilateral Instruments 93-101 Derivatives and other local regulations.• Establish controls and processes for analyzing trading data to identify trends, patterns, and potential issues.• Collaborating with stakeholders across departments such as Compliance, Risk, Operations and Finance to ensure alignment and support for trading activities. • Staying updated on emerging technologies and their potential applications in trading oversight.Additional responsibilities include Leading the Process Improvement team within the Treasury to automate process workflows and explore opportunities to leverage newer technology tools to improve efficiency, reduce risk, and enhance compliance.

Toronto, Ontario, Canada

• Led the Project Management Office for Group Treasury for the successful execution of key strategic initiatives.• Liaised with Treasury Desks, Technology, Risk Management, and Finance, fostering strong partnerships and ensuring alignment across the organization.• Led the development and delivery of complex technical business support solutions.• Coached and mentored a high-performance team of project managers, developing their skills through objective goal setting, empowerment, and ongoing coaching.

Toronto, Ontario, Canada

• Led Treasury's Front Office supervision and Trader Oversight program. Implemented a comprehensive framework, including technical design, operating standards, and automated monthly Trader Oversight Reporting.• Provided technical thought leadership to identify and mitigate emerging risks. Exercised sound judgment in reviewing complex trade cases• Streamlined the CDOR submission process by implementing internal portal for automated submission, significantly reducing processing time and operational risk.• Led the successful implementation of CFTC Swap Dealer and SEC Security-Based Swap Dealer regulatory compliance programs for multiple trading desks, ensuring adherence to evolving regulatory standards.

Toronto, Ontario, Canada

• Led a 20-member team responsible for confirming over-the-counter (OTC) derivative trades, ensuring accurate and timely processing of trades.• Drove operational efficiency by implementing RPA, reducing trade confirmation processing time by 25% and enhancing controls.• Designed and implemented a comprehensive learning and development program to upskill team members and foster a culture of continuous improvement.• Recognized with the "Best of the Best" award for outstanding performance, demonstrating exceptional leadership and commitment to excellence.

Managed a 15-member Product Control team responsible for daily P&L production and analysis for the US Equity Derivatives trading desk.• Liaised with the Trading desk, Risk, and Technology to drive strategic change to streamline the P&L process.• Led trading desk migration from one business line to another, as part of the business strategy, involving migration of Trading Positions along with P&L and Balance Sheet.• Reviewed daily P&L adjustments; signed off on monthly P&L and balance sheet movement.• Ensured integrity of the operating environment with audit and regulatory standards.• Automated team’s working files to generate an annual efficiency of 500+ hours and mitigated operational risk from manual processes.• Led continuous improvement initiatives in the team’s processes through lean principles.Trading Strategies: Program Trading, Blind Risk Trading, Cash Equity Agency Execution; ETF Market Making, Algo Trading, Dark Pool TradingProducts handled: ETFs, Listed Stocks, Forwards (Vanilla and Synthetic), Total Return Swaps (TRS)

At Barclays, I managed the Product Control (Risk, P&L and Balance Sheet) team for Equities and Fund Structured Product Derivatives (Exotic and Quantitative Investment Strategies). Key responsibilities and accomplishments included:• Reviewed daily/ weekly/ monthly P&L commentary prepared for senior management and regulatory reporting; Completed month-end account sign-off and reporting business performance to Senior Management.• Ensured a strong internal control framework including coordination with the front office to resolve P&L breaks.• Reviewed and signed off key controls such as Flash vs Formal P&L, NACL P&L (New, Amend, Cancel and Late), Clean/ Hypo P&L Reporting, P&L Explain, Subledger Adjustments, Balance Sheet Substantiation.• Enhanced cross-functional collaboration across various operational teams to accelerate the resolution of reoccurring issues faced by the teams.• Centralised month-end sign-off tasks across three different Structured Products desks to drive consistency and efficiency, resulting in saving of 1 FTE per year.• Liaised with the change management team to enhance Product Control systems, helping in the smooth implementation of the P&L Delivery & Signoff tool (Project RAMP), Risk and Revaluation based P&L Attribution tool (Project Atlas)Products handled: Equity Linked Notes (Callable, Auto callable etc.); Exotic Options (Barrier, Range Accruals, Digital, Cliquet options etc.); Quantitative Investment Strategies Notes (QIS); Fund Options and SwapsTeam size: Four

• Managed a team of four analysts for reporting P&L and risk attribution of Equities Flow Derivatives trading desk• Coordinated with front office to resolve P&L-related issues to ensure accurate P&L flow-down to correct ledgers for monthly reporting• Reviewed daily/MTD/YTD P&L and commentary for management and regulatory reporting• Instrumental in expanding the Equities Product Control team from 3 to 30 members within a year team by coaching new recruits on technical aspects for robust P&L productionProducts handled: OTC Equity Options (Vanilla and Structured), Variance Swaps (VarSwaps), Forwards, Listed OptionsTeam size: Four

At Crisil, I worked as a consultant to set up and enhance control processes in the Middle Office for Bank of America Merrill Lynch to handle complex structured products across Equities, Credit and Interest Rate derivatives• Led the team to review complex interest rates structured derivative trades to ensure the correct booking and reflect the bank’s true risk position; and presented MIS packs to BAML senior management• Worked across multiple asset class trades – Equities, Credit and Interest Rate derivatives• Took initiative to create a standardized ‘deal library’ by documenting the review process of complex trading models, reducing the operational risk and improving the review process consistency• Conducted boot camp training sessions on Interest Rate derivatives for new hires globallyProducts Handled: Range Accruals, Swaps, Caps & Floors, Swaptions, Spreads, Total Return Swaps

Providing investment recommendations on companies and writing end-to-end research reports by creating financial models and conducting financial analysis.• Calculated bond durations, conducted comparable analysis by analyzing CDS prices and bond yields, and recommended BUY/SELL call by projecting future cash flows, and analyzing company’s liquidity position & industry trends.• Databases used – Bloomberg, Thomson DATASTREAM, Thomson One, and Dow Jones FACTIVIA

Cfa, Finance

Master Of Business Administration - Mba, Finance, General

Activities and Societies: Convener, Finance Forum

Bachelor Of Technology (B.Tech.)

Activities and Societies: Head of Discipline Committee, Annual Fest Organizer, Part of College Cricket Team, Cultural Events organizer