Sumitra Laxman
Pune
Summary
Highly-motivated employee with desire to take on new challenges. Strong worth ethic, adaptability and exceptional interpersonal skills. Adept at working effectively unsupervised and quickly mastering new skills.
Overview
5
5
years of professional experience
Work History
Specialist
State Street HCL
Pune
03.2020 - Current
- Being a part of reporting team and manual team my role is to monitor process, research and analyze and report various corporate action events voluntary and mandatory both on daily basis to processing team
- Few Major clients also handled as per their requirement.
- Manage Cash Breaks, Open Trade, Election Confirmation, IMT etc. as booking team
- Responsible for Part –Time Reviewer & Processing Corporate Actions on Accounting side.
- Bloomberg Details to check and according research on Bloomberg for allocation for Events
- Developed a better protocol for the voluntary and mandatory events. (Differentiating as Pre, Post and processing).
- Identify and escalate huge discrepancies in trades to avoid claims and ensure correct postings of transactions in Record Keeping System (RKS).
- Resolved discrepancies between Custody and accounting positions
- Cart summary report (NAV Calculations). CART means corporate Action Reasonability Test. Where we check NAV impact for corporate action processing on security pricing & market price changes
- Checking SWIFT messages to ensure if trades are posted as per the message on both sides.
- Coordinates with multiple internal team and external clients to resolve the issue related to transactions, cash stock breaks to match with custody position.
- Well versed with capital market, corporate action, fixed income securities different corporate action trades.
- Handling, training and guiding junior team members, currently handling team of 5 members
- Liasing and interacting with different teams so as to ensure that trade get settled in timely manner
- Reviewing and solving quarries of team members to ensure reports are prepared and notified within deadline.
- Handling trade related quarries, Knowledge of trade enrichments, trade data and market claim.
- Event Validation on Bloomberg
- Resolved stock breaks
- Participated in ongoing training and compliance activities.
Education
MBA - Accounting And Finance
Pratibha Institute of Business Management
Pune04.2019
B. COM - Accounting And Finance
Pratibha College
Pune04.2017
Skills
- Quantitative Skills
- Adaptability
- Proficient in MS Office
- Team Building
Languages
Hindi
First Language
English
Advanced
C1
Timeline
Specialist
State Street HCL
03.2020 - Current
MBA - Accounting And Finance
Pratibha Institute of Business Management
B. COM - Accounting And Finance
Pratibha College
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