Aishwarya Halwai

Trade Settlement( OTC, FX and MM)

• Managing daily settlement operations on fixed income, equities, OTC derivatives products, FX, and related activities throughout the transaction life cycle.
• Providing transaction management business support, including counterparty, broker, custodian onboarding, liaison, and response to inquiries and requests.
• Escalating issues and settlement discrepancies with external clients, counterparties, and other operational team
• Investigating on pending trade settlements, cash position breaks and trade discrepancy and following up with external sources including clients for break resolution
• Managing the intellimatch/ Nostro breaks and other applications for Payments, funds return and transfer
• Ensuring that all fails, aged breaks and high value breaks are properly documented and escalated on timely basis to the senior management and front office
• Ensuring that reconciliation of trades is done post settlement which involves manual matching, commenting unmatched breaks, and creating manual general ledger entries if required.

BCE (Brokerage, Clearing & Exchange)

• Prepare Monthly Business Review Reports (MBR) and present it to the senior management for business analysis
• Ensure all the JIRA's have been actioned and reassigned to the respective owners
• Restructuring the process by understanding process flows, establishing control measures, and framing them into a workflow mechanism with process audits, checklists, and trackers to ensure increased efficiency and output quality.
• As a part of F&O brokerage team, handling GPS, ATLANTIS, CMTA and Manual invoicing, receiving and acknowledging the invoices from counterparts for the activity month
• Invoice reconciliation received from various platforms (Electronic and Manual) and matches those with balances under client accounts
• Using rate cards & DOCS to validate the rates which is mutually agreed with the Client, Executing and Clearing Broker
• Simultaneously working with client service team to resolve internal discrepancies like rate, quantity and currency issues
• Releasing funds against received invoices to counterparts on a daily basis
• Making payment entries using message type MT202 and MT103 in our payment system
• Posing Journal entries in Peoplesoft to match off the Nostro Breaks for paid and received funds
• Preparing monthly MIS reports for total payout and collection and matching with final figures by doing intercompany transfers
• Involving with Tech and Support team to enhance our reconciliation tool to increase the matching percentage
• Training new joiners to understand the process flow and all functionalities
• Share process improvement ideas in order to increase productivity in lesser time

• Ensure proper identification, allocation, investigation and resolution of breaks in timely manner and the quality of processing is maintained as per the agreed SLA and KPI
• Prepare financial statements as per IFRS / applicable GAAP including tax workings and notes
• Review account balances and highlight differences against deviations to business
• Liaise with respective business units for queries, seeking information / details relevant for preparation of financial statements
• Develop financial models, provide financial forecasts, develop and policies that improves financial growth

• Addressed client queries on time and ensured proper billing and reconciliation on monthly basis
• Evaluated financial performance by comparing and analyzing actual results with plans and forecasts
• Provided analysis of trends & forecasts and recommended actions for optimization
• Identified and drove process improvements, including the creation of standard and ad-hoc reports and Excel dashboards