Senior consultant
Capgemini
Total des années d'expérience :14 years, 5 Mois
Project manager, manual testing
Team Leader
Fixed Income / Equity - FX - ICSD - Matching, Settlements / Reconciliation
Accountabilities:
Matching & Settlements:
Handling a team of 17 members.
Monitoring VD-1 matching, unmatched queues are cleared.
Pair Off done VD-1 and VD.
Ensuring all high value trades are covered for stock and cash.
Monitor shorts are advised to traders and cover is in place.
Realignments and depository transfers and authorization done before cut off to prevent trade failure.
Ensuring all high value fail trades are followed and up and worked for resolution.
Ensuring reconciliation and investigation done for breaks.
BUY IN’s sent for aged failing purchases. Settling BUY IN’s for failing deliveries.
To meet Audit requirements and to ensure monthly internal audit checks done.
Handling escalation queries and to ensure TAT is met for query resolution.
Ensure team is updated on any discrepancies and process improvements.
Inputs for Process Improvement and standardization.
Update Process documents and sign off every quarter.
Compensation claims are investigated, written off or paid off as per authorization.
Ensuring no trade is failing due to financial discrepancies and all high value trades are matched in the market for settlement date.
Authorize security trades with correct SSI as per Alert and ensure MT 54X series’s are released.
Handling of client on missing instruction, incorrect instruction and ensure instructions are matched in the market for settlement.
Preparing Failed Trade Report and Settlement Date - 1 Reports for Spoke/Onshore team
Trade Reconciliation:
Feeds are received from various sub custodians of different world markets in system called Intellimatch (Nostro Account).
The feeds are separated according the swift reference numbers for different departments.
According to the currencies and the cut off the statements feeds received are matched with the internal ledger accounts (Pool accounts of various clients help with Custodian).
Trades are reconciled based on FX and non-FX trades and are cleared at SD-2 levels.
Statements and ledgers are being matched off with the match ID and cleared from Intellimatch system.
Statements and ledgers not matched off are queried back with the sub custodians for the reasons of differences in amounts and various taxes and extra charges levied on the trades.
Reconciliation of securities is carried on a daily basis for the trades to be cleared off i.e. ledgers to be matched with the statements.
Wipro- (Since March - 2011), Chennai.
Post Settlements- Trade Processing- Income Processing and FIPB
Client: Citigroup Global Markets Limited (Investment Banking)
Duration: Mar 2011 to till Date
Role: Analyst
Scope of Work:
• Involved in Coupon processing for fixed income products- Corporate Bonds and Equities
• Reconciliation of coupon receivables and payables
• Responsible for collecting and paying the manufactured dividend & APP C to clients on Stock loans and Borrows
• Liaison with Prime Brokerage to settle their position and claims on Repo
• Responsible for Income booking in DTC
• Experience in Swifts and SPO (Special Payment Order)
• Posed as Intermediary between Middle office, counterparties and settling the request on time (Cash and queries)
• Pre-matching of Fixed Income Trades for New York
• Sending out and receiving FX trades
• Liaison with Middle office staff for the trades to settle in time.
Break Reconciliation:
• Acting as single hub for reconciling the cash breaks that are caused by internal activities, Funds booking, Euroclear settlements.
• Responsible to monitor the paid and reversed income from the agent and reconcile the cash break using Recon Frontier in timely manner.
• Allowing firm to consolidate the breaks and providing control across the team
Application Versatility:
• DTC
• Bloomberg (Dividend and Coupon usage)
• Recon Frontier
• Consistently attained the Targets and remained as the benchmark for Accuracy and Productivity Level.
• Part of the testing team in migration of VM slice to citrix and successfully completed the project.
• Trained a batch of new team in the process flow and helped them to increase the productivity.
ACHIEVEMENTS IN WIPRO
• Received Pragati award for implementing the cost cutting idea in process.
• Received appreciation mails from the onshore team as well as from managers for the job well done.
OTHER WORKING EXPERIENCE
Scope international - (Since June - 2009), Chennai
Base: Global Investigations
Duration: July 2009 to March 2011.
Role: Processing executive
Client: wholly owned subsidiary for standard chartered bank.
Investigations deals with interbank payment and messaging system. This deals with USD transaction across the world which is governed by Federal Reserve System. It formulates Federal Reserve payment and settlement policy. This process enabling real-time matching and exception handling for foreign exchange, money market and derivative confirmations Deals with various types of payments and interbank of pricing products
Job profile:
• To handle all post dated payment enquiries and resolving customer's issues
• Acting as a bridge between sender and receiver of the payment.
• Working on various payment applications like CERS, MTS
• Communicating with country head (CSO) in resolving the issues.
• Determining appropriate recovery and resumption of misrouted funds
• Handling on-call enquiries from different countries.
• Persistent follow up on the critical payment enquiries and reporting to the management on time.
• Providing the first level support to the clients and quickly resolving the issues on time.
• Mitigating the Risk of investigation by maintaining the Service level agreements
• Won the "Best Performer Award" for two consecutive years.
• Turn as a Primary Quality checker from Maker level within very short span of time
• Management was happy with my performance and the appreciations received by me were published in monthly news letter.
• Performing well and competing with the senior members of the team in a short span of period
• Matching Outstanding credits an debits of our customers (reconciling)
OTHER WORKING EXPERIENCE
Tushita travels pvt Ltd - (Since Aug - 2008), Chennai
Base: Tour Executive
Duration: Aug 2008 to March 2009.
Role: Tour Assistant
Job profile:
• Making accommodation and transport reservation for the tourists clients. Booking hotels and rental cars.
• Processing tickets
• Dealing with customer requests and queries
• Selling travel packages
• Handle mails, calls and furnish tour packages
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