MAYURI SAIKIA
Warsaw
Summary
Highly driven, results oriented Senior Vice President with 15 years of proven track record of managing teams and process risk, guiding change and delivering global projects. Able to partner with stakeholders at various levels, assimilate requirements quickly and deliver results by utilising strategic thinking, strong organisational and communication skills combined with technical expertise and robust risk mindset.
Overview
15
15
years of professional experience
Work History
Senior Vice President- Operations Senior Leader
Goldman Sachs
Warsaw, Poland
01.2023 - Current
- Regional head of the Listed Derivatives department in Warsaw, focused on exchange traded Futures and Options. Ensure timely matching of trades to ensure the firm meets it's obligations towards clients and regulator and to avoid negative financial impact. Own and deliver on global strategic priorities with focus on STP fixes, reduced exceptions and partnership with Sales/ trading to deliver OneGS experience to clients.
- Manage a team of 20+ people locally and oversee middle office/ trade matching and reconciliations for futures and options trades in EMEA and US exchanges
- Partner with Sales, Trading, Engineering, Internal Audit, external auditors, Compliance and Controllers regularly to deliver on strategic business priorities, compliance on regulatory asks and strategic initiatives to drive scale
- Manage the audit deliverables for global Listed Derivatives, partnering with PWC and Mazars on a yearly basis to fulfil audit requirements. Also, working closely with GS compliance on yearly CME DSRO exam (audit)
- Oversee the global strategy for Listed Derivatives International (non-US) and ensure we achive defined quarterly and yearly targets. Achieved a 10% (on target) reduction in exchange v/s firm breaks in Q1 2025, reducing overall risk profile for the organisation
- Successfully completed two functional migrations in Listed Derivatives in the last 4 years. Currently defining location strategy for the Controls organisation and overseeing it's kick off and implementation globally.
- Manage hiring, budgets and people strategy on an ongoing basis
- Defined a coaching and training strategy to build strong bench of future leaders in the organisation
- Co- lead of the Warsaw Asian Network, partnering with Human Capital Management and Diversity and Inclusion teams to deliver on the firm's/ office's D&I agenda
- Part of the Black Analyst and Associate coaching program. Coached 3 Associates towards successfully reaching the VP promotion goal
- Partner continuously with Business Intelligence teams to develop innovative automation tools and drive scale
Vice President
Goldman Sachs
Warsaw, Poland
01.2017 - 12.2022
- Managed multiple functions across Securities Settlements and Margin Operations
- Managed a team of 20+ professionals as the regional lead of Margin Operations, covering margin call processing, breaks on margins and ensuring timely valuation statements to clients
- Managed a team of 12 professionals as the regional lead of Securities Settlements, overseeing cash trades across EMEA markets
- Managed risk on trade settlements, ensuring adherence to intra-day market cut offs and settlement rules. Partnered with agent banks such as Citi to ensure timely settlement and minimal trade fails
- Partnered with Trading/ Corporate Treasury to ensure optimal inventory usage/ funding for our settlement obligations
- Project managed Uncleared Margin Rules 6 implementation for the Portfolio reconciliation process within Margin operations
- Project managed the implementation of Spanish Financial Intermediary account structure in partnership with agent bank and internal teams
- Successfully ran 2 functional migrations between regions as part of location strategy implementation
Associate
Goldman Sachs
Bengaluru, India
01.2014 - 12.2016
- Subject matter expert in sub ledger reconciliations, balance sheet substantiation, client money rules. Ensured the firms books and records are accurate. Approved payments to clients and brokers as part of the independent control function.
- Project managed the GSEC:GSCO migration for global Client Control. Defined scope of new flows, created test cases, analysed results and worked on implementation.
- Partnered with global projects and engineering to uplift the IFA (item for attention/ break) logic for doubled get reconciliations. Designed a tool to automate break investigation based on inputs from various source systems.
Analyst
Goldman Sachs
Bengaluru, India
05.2010 - 10.2012
- Fees and Commission Mgmt , Goldman Sachs
- Worked with global clients and Sales to ensure commission analysis and payments for clients involved in the commission sharing model (soft dollar business in the US).
Education
Bachelors Degree - Economics, Political Science and History
Bangalore University
Bengaluru01.2010
Skills
- Strategic Planning
- Cross-functional Team Leadership
- Project Management
- Conflict Resolution
- Risk Management - Microsoft Office
- Stakeholder Management
- Negotiation - People Development
- Payments
Hobbies and Interests
Reading- Anna Karenina and Crime and Punishment are my favourite, Solo Travel- have travelled solo to 25 countries- Morocco and Jordan are absolute favourites
Accomplishments
Successfully completed the nomination based Women’s Career Strategies Initiative in 2019, designed for high performing women Associates at Goldman Sachs
STRENGTHS
- Team Leadership: Led various teams of up to 30 members in complex market aligned functions, consistently meeting intraday deadlines and service level agreements. Focused on strategic growth and people development.
- Strategic Planning: Devised strategic initiatives that boosted team efficiency and reduced exceptions by 10%. Achieved significant cost saving for the firm by streamlining the agent bank flow in Spanish market.
- Problem-Solving: Created innovative solutions to address underlying inefficiencies in the process/ team organisation resulting in increased efficiency and team morale.
- Project Management: Managed multiple small and big initiatives across teams/ functions on a regional and global scale.
- Audit Management: Strong understanding of audit requirements across CME/ ICE/ FCA and BaFin for Futures and Options
- Diversity and Inclusion Champion: Strong contribution to the office D&I initiatives. Started and co- lead the Warsaw chapter of the firm wide Asian Network. Defined agenda and deliverables, steadily increasing engagement over the last 3 years
- Your Strength: Explain how it benefits your work.
Timeline
Senior Vice President- Operations Senior Leader
Goldman Sachs
01.2023 - Current
Vice President
Goldman Sachs
01.2017 - 12.2022
Associate
Goldman Sachs
01.2014 - 12.2016
Analyst
Goldman Sachs
05.2010 - 10.2012
Bachelors Degree - Economics, Political Science and History
Bangalore University