Ajith Iype
Bangalore
Summary
Accomplished financial service specialist with 6.8 years of dedicated experience in collateral management, custody operations, fixed income, settlements, cash management and reconciliation.
Overview
7
7
years of professional experience
Work History
Technical Coordinator
Northern Trust Corp
Bangalore
01.2022 - Current
- Managed fixed income products, including triparty and bilateral repos, term deposits, and debt securities.
- Execution of margin calls accurately and promptly to mitigate risk. Oversaw substitutions, re-hypothecation, and exposure monitoring.
- Provided support and training to enhance team performance and meet objectives.
- Allocated work assignments strategically to achieve SLAs and KPIs.
- Ensured accurate settlements, dispute management and fail investigations with counter parties and custodians.
- Reconciled exposure, collateral balances, and discrepancies efficiently.
- Served as primary liaison among treasury, technology, front office, middle office, and back-office teams.
- Understanding OTC derivatives, CSA and UMR. Experience in Tri Optima and Acadia soft.
- Updating operational changes in SOP and signoff. UAT testing, onboarding new clients and SSI callback completion.
Specialist
State Street
Coimbatore
01.2019 - 01.2022
- Executed margin calls, managed disputes, substitution, re-hypothecation and performed end-of-day reporting.
- Responded to counterparty calls and escalated late margin call responses.
- Handled inbound and outbound calls in Acadia, pledging and accepting eligible collaterals.
- Resolved disputes and ensured proper settlement with counterparties.
- Collected interest monthly, and coupon payments quarterly and semiannually.
- Maintained knowledge of OTC and ETD derivatives markets, including UMR, CSA, ISDA, and GMRA.
- Reconciled underlying trades in Tri-Optima, investigating mark-to-market and collateral discrepancies.
- Ensure that proper training is created, and backups are made. All operational changes are updated in the SOP and sent for management sign-off.
Education
M.com - Finance
Bharathiar University
Coimbatore04-2018
B.com - CA
Bharathiar University
Coimbatore04-2016
Skills
- Communication skills
- Collaboration and teamwork
- Time management strategies
- Leadership abilities
- Problem solving
- Training development
Websites
Accomplishments
- Repo training module
- FMEA controls
- Annual audit
Applications
- Tri-Optima
- Acadia Soft
- GTM, CMW and IQM
- BNY access edge
- SSCNET
- DTCC and STS
- TLM
Timeline
Technical Coordinator
Northern Trust Corp
01.2022 - Current
Specialist
State Street
01.2019 - 01.2022
M.com - Finance
Bharathiar University
B.com - CA
Bharathiar University