Manager / Team Leader
JP MORGAN CHASE
Total years of experience :17 years, 5 Months
• Ensuring timely trade processing (within respective currency cut-offs), accurate and prompt payment settlements (swift payments) and reporting of all Money Market transactions
• Tracking and monitoring Reuters and emails vis-à-vis Money Market trade processing.
• Monitoring cash management reporting and follow up to get funding done for Treasury desk.
• Ensure the payments are done and SWIFT messages received for all urgent payments on a daily basis.
• Daily reporting of MIS with regards to KPI (Deal volumes, Payment volumes, Counterparty cash flow reporting).
• Liaising with traders / Clients / Middle office / support team to resolve any issues with respect to trade discrepancies (SWIFT payment, confirmation matching, post settlement queries), thus improve the performance of our department.
• Handling critical queries related to Settlements/Confirmation for Middle Office offshore and in Mumbai.
• Coordinating with internal / external counterpart for unconfirmed trades executions.
• Assist and provide support to the Treasury Officer regarding the placement, renewal and termination.
• To maintain databases and sufficient evidence for all SOX samples for internal and external audit purpose.
• Pivotal Reporting of Liquidity Funding Risk by providing Daily Business Analysis to FO for funding positions of different LOB’s with Treasury for Borrowings, Collaterals, Inter Bank balances,
• Mandatory daily reporting of FOBOs, P&L exceptions, after resolution, to Middle Offices in Hong Kong.
• Resolving P&L Exceptions queue by modifying, investigating & liaising with different teams.
• Furnished regular business updates to stakeholders. Handled escalations, resolved them and provided mitigates to avoid recurrence.
• Monitoring all the trades which are booked across Asia locations and reporting the same with reason to higher management.
• Performed trade checkouts, reference data setups, new instruments setup vis-à-vis Bloomberg terminal and ensured same is available in corresponding trade booking system.
• Complied satisfactorily all of post settlement queries, Nostro /wash/ General Ledger reconciliation.
• Liaissoning with internal and external counter parties in order to close the cases.
• Managed Reconciliation of Money Markets product, i.e. Lending & Borrowing, Bonds &Interest Payments.
• General Ledger Reconciliation & its Substantiation.
• Furnished MIS reporting on Cash Breaks & Weekly KPI information to management.
• Ensured team meets designated deadlines in line with internal SLA's
• Provided comprehensive error reporting when such instances occur, and evidence action plan to ensure any identified gaps are closed.
• Undertook root cause analysis of regular breaks & escalated issues to designated parties to agreed timescales.
• Kept a tab and maintain databases for all SOX samples for internal and external audit purpose.
LOB -Investment bank, Foreign Exchange Operations
New York corporate Investigations team. (May2008 - Sept2010)
• Handling all of post settlement queries, Nostro exceptions for New York based corporate clients.
• Chasing with corporate clients and there custodian in order to resolve the post settlements cases/ queries.
• Reconciliation of nostro Exception in order to reduce the nostro breaks.
• Making manual swift payments through systems.
• Reporting and chasing with middle office and settlements team for handling some highly sensitive corporate clients (LA, Texas, Chicago corporate clients)
• Clearing the aged outstanding on nostro and reporting to the supervisor at desk.
Achievements-
• Delaware Training (Process Migration to Delaware- USA)
Online/Onsite training- Part of Delaware migration team and trained Delaware team (migration of the process from Mumbai to Delaware)
• Extra miller Award- for being quickly managing of the processes & being strong member of the team within short time, for handling huge volumes nostro exceptions single handedly and for training of new staff.
Delta Services
(Dec 2006- Apr2008)
Delta India Pvt. Ltd., subsidiary of 3i InfoTech as Team Leader on Transworld Group Shipping project, Singapore.
• Generating, maintaining and keeping tab on online billing, debit and credit note process as per the client requirements.
• Maintaining Receivables accounts and solving customer related queries.
• Data management of receipts and journal vouchers based on the data from the client.
• Follow up with domestic & overseas customers for outstanding payment and report to the client.
• Weekly and monthly closing of all the journal entries based on the data from the client.
• Confirming and transferring processed data to financial accounts on weekly basis.
• Preparation of various mis reports on monthly basis e.g. Customer wise outstanding statement, payroll report, aging balances and trial balance.
• Reporting to the financial controller, clients, and business head.
HYTRON POLYMERS: As an Office Assistant for four months for Hytron Polymers.
• Looking day to day office work, mail correspondence.
• Generating, maintaining records for online billing.
• Invoice processing for Bills Payable
• preparing various report for the purpose of collection from client
• Conflict Management (University project)
• Marketing Management
• Entrepreneurship (Project Formulation)
subjects- Finance and International Finance
Exams Specializations % per Univ/Board Month/Year B.M.S. International finance /Finance 63.00% Mumbai Sep 06
H.S.C - 62.00% Mumbai Mar 03