Amol Arun Chindarkar

Working as Deputy Manager in Transfer Agency and Middle Office Operation
Experience in handling the service deliveries for Middle Office support and Transfer Agency process based on International Market.
Participated in migration process of Middle Office Trade Support operation for Cash & FX and Transfer Agencies Cash Management operations process from UK and successfully setup middle office operations through online consultation.
Experience in workflow management for Transfer Agency Operation and Trade Support operations on confirmations and settlements for Equity, Fixed Income, FX, and Money Market products.
Managing JIRA projects by interacting with UK project managers and allocating resources to complete the assigned projects.
Preparing and maintaining MIS Reports for Management decision making. Preparing presentation as per requirement by the management or counter parties. Timely Review KPI (Key Performance Indicators) & SLA (Service Level Agreement) and other MIS Reports.
Comprehensively interacting with clients and with management for process development and overcome operational issues.
Prepared and maintaining Excel Macros which help the team to produce error free output and utilize less manual working hours on daily productions.
Worked for 2 yrs. In Asset Servicing team (Jun 2018 – Jan 2020)
Validating cash and position breaks, paydown and interest postings, and chasing custody via email or call, income accruals. Also performing manual reconciliation as per client requirement.
Performing ex-date & pay date dividend validation daily and verifying/posting every cash dividend on Investment Manager records announced in the markets.
Taken care of any other corporate action announcement by the company which consists of Cash dividends, Bonus issues, Rights issues, Stock Split, etc. Ensure corrective action taken for all Tax and ADR fees related posting done by the custody.
Analyzing on exception pursing High Value Discrepancy in payments and informing client or relaying with custody for resolutions.

Worked for 5 yrs. In Trade Support and Cash Management Team (Jan 2012 - June 2018)
Perform post-execution trade processing and internal controls, from trade matching entry through settlement and custody, and ensures all trades are settled as quickly and efficiently as possible.
Support trading activities for products such as FX, Equity, Bonds and Money Market Instruments to capture and process Trade lifecycle events. Monitoring custodian settlement reports and interacting with the broker /custody/client for resolution on settlement discrepancy.
Monitoring FX CLS Settlement activity to ensure trades settled before custodian cut off. Performing FX Trade Netting on Non-Deliverable Forward (NDF's) for agreed funds. Preparing and validating bank movement instruction to settle them on the due date.
Interacting with clients regarding their security positions, issue while processing payment instructions to manage operational risk for accurate transaction settlement.
Reporting failed trades to the respective clients with error description with all the evidence. Liaising with Recon teams to resolve Clean Cash and Position breaks.
Handling queries raised by clients, brokers, custodian, and internal teams in relation to settlement of trades, discrepancies in trade details, etc. and resolving them in a timely manner.
Expert in Claim Management and assessing liable parties, preparation for Fact Finding Documents and Incident reports with justification and Action Taken to Prevent Reoccurrence.

Worked with Transfer Agencies' Cash and Reconciliation Team (May 2006 – Dec 2011)
Maintenance of Book Decision report on inflows and outflows of monies to Trustees. Trustees to finding out the investment through Assets reallocation.
Processing & authorizing international payments instructions by using banking applications like HVP, HBOS, and HSBC and sending SWIFT for action.
Download data from corporate bank for reconciling of dealing, client money and client money gone away account.
Reconciliation of Funds and general ledgers and Client Money Accounts. Identifying discrepancies across different account and resolving outstanding items.
Identify potential breaks in a trade and provide a complete root analysis for the same to prevent any future occurrence. Ensuring compliance of various SLA's.
Protect unidentified funds in client money account as per FSA rules and carried out further investigation.
Preparing MIS Reporting incidents of Financial Crime and maintaining controls within the process as required by UK authority (FSA).

• Product and Presentation Services
• Ensure diligent and courteous dealing with customers maintain high level of Data Quality and Accuracy
• Preparing business presentations by extracting information from various sources such as financial statements, company web site and other available sources like row data provided by client, online research reports by expertise
• Co-ordinate with other departments to ensure highest level of data accuracy
• Responsible for continuous improvement of process to do efficiently with controls for errors and breach of rules and regulation.

· Preparation of reports as required by Board of Directors.

· Looking after the dividend on shares of the clients.

· Informing clients about shortage in Payin and Payout of the shares.

· Solving quires of clients.

· Looking after Funds/Shares Payin and Payout relating transaction done by client.

· Bill Generation and Valan posting into a/cs.

· Final Obligation Match of Institutional & Retail Trades.

Reconciliation of Broker’s pool a/c, Sesa a/c and Beneficiary a/c for shares lying in demat form. Receipt and Payment Bank Entries related to Valan into a/cs.

· Handling queries of Solution Managers across the country pertaining to Current Account opening.

· Handling of QAB request of customers and updating account information as requested by clients.

· Preparation of the daily MIS report, Manpower & updating of master files.

· Sending rejection mails to Solution Managers of related branches across the country of rejected application.

· Handling customer request regarding updation of their current account.

• Worked with Sales and Support team
• Maintain stock records and keep track of request received from sales representative
• Maintain Sales team track records and provide support as an when required
• Prepared various report and reporting tools as per management requirement
• communicate with godown and sales team for promotional event
• Organize monthly sales meet and provide support to sales team

• Worked with bank settlement team
• Reconcile broker contract note with trade details received from traders and share settlement details.
• Maintain contract note records for audit purpose