assistant vice president
Morgan Stanley
Total years of experience :11 years, 8 Months
Settlements
Position Management and taking care of necessary transfers to settle trades
Confirmation and pre-matching and fails management and, covering all fixed income trades such as Cash trades,
repo trades and stock loan trades
Liaising with cash management to get necessary funding in order to settle trades, and aiming at perfect
settlement, simultaneously liaising with desk to cover the bonds where we are actual short
Responsible for cash and stock break resolution within the strict deadlines of the department on a daily basis
allocated to the settlements department by operations reconciliation department
Responsible for monitoring and clearance of all trade related (Swift release) queues within Nomura internal
systems to ensure settlement in a timely manner
Liaising with Desk / traders on regular basis regarding missing booking of trades, and ensure getting it booked
before market cut off.
Investigating & monitoring Counter Party Credit Risk reports and ensuring smooth settlements
Exercising good judgment skills to make the necessary decisions to address client queries and ensuring all high-
priority queries are escalated to the management promptly
Working closely with all the stakeholders (Front Office, other Finance teams, Market Risk) on regular
and ad-hock requests)
Being part during Migration of emerging markets and testing of new applications and giving views on its
functioning and providing relevant feedback to agents
Experience in Cash Equity Trades
Handling over 50 markets worldwide, which includes Europe & Emerging & Euroclear markets
Scope of work includes from removing dump, to allocation, from coordinating with counter party and finding
the right match in the market
Working efficiently to reduce the risk associated with settlement failure
Take added responsibility of Auditing Trades done by team mates to minimize error and have smooth operation
Handy knowledge of working on Swift accord
Responsible for handling the accounts of the company
Preparing balance sheets
Liaised with bankers, insurers and solicitors regarding financial transactions
Prepared company accounts and tax returns for audit