Dhaval Morvadiya

Operations Associate

Gandhinagar, Gujarat, India2 yrs 6 mos experience

Most Likely To SwitchHighly Stable

Key Highlights

Expert in Clearing and Settlement Operations.
Strong background in Capital Markets and Regulatory Compliance.
Proven track record in managing international exchange operations.

Stackforce AI infers this person is a Fintech professional with expertise in clearing and settlement operations.

Contact

Skills

Core Skills

Clearing Settlement OperationsCapital Markets

Other Skills

Banking OperationsBasic of CSSCollateral ManagementCoordination with Clearing MembersCordinate with clearing membersDerivativesEquity and DerivativesHTMLIBU Banking OperationsInternal AuditsInternational Exchange OperationsMicrosoft ExcelMicrosoft OfficeMicrosoft PowerPointMicrosoft Word

About

Currently, I am working as an Assistant Manager in the Clearing & Settlement Operations Department at India International Clearing Corporation (IFSC) Ltd, a BSE Group company. I am skilled in Clearing Settlement Operations, Capital Markets, International Exchange Operations, Trade Settlement, Equity and Derivatives and regulatory Reporting. India International Clearing Corporation (IFSC) Limited (India ICC), an AAA-rated clearing corporation, was the first international clearing corporation established at GIFT IFSC. It acts as a central counterparty, providing clearing, settlement, and risk management services to India INX.

Experience

India international exchange (ifsc) ltd

2 roles

Assistant Manager

Sep 2024 – Present · 1 yr 6 mos · On-site

Day-to-day clearing and settlement operations of the exchange.
Coordinate with the Risk Department, Trading Development, Surveillance, and Trading Operations departments of the exchange.
Handle the End of Day (EOD) and Beginning of Day (BOD) processes for Session-1 and Session-2 of the exchange.
Manage the receipt and release process for Fixed Deposits and Bank Guarantees of members in the Clearing & Settlement Department.
Oversee the cash release and cash receipt processes for members in the Clearing Corporation.
Manage the pay-in, pay-out, and settlement processes of the exchange.
Coordinate with the Clearing Banks and Clearing Members of the Clearing Corporation.
Provide margin and collateral to the concerned team for submission to the regulator.
Collaborating with stakeholders for seamless operations in international markets.
Performing PR and DR mock sessions.
Coordinatively work with IIDL & NSDL depositories for new product.
Tested and implemented new products including Equity, SGRB, and other exchange products.