Ashwini P
Bangalore
Summary
Accomplished Professional offering and impressive track record in the field of Market Risk operations, TLM Reconciliation, Dividends, Corporate actions with financial instruments like equities, derivatives Fixed Income and currency derivatives. Working Knowledge of Asset Servicing and Practices of Investment Banking over 13 years. Acknowledged as a top performer in processing of complex Dividend Event's and Received extra Miler award and Awarded for Absolute Quality for excellence in execution of client's query's. Experience in assessing risk, building and implementing risk management strategies and adhering to asset management protocol. Recognized for effective handling of income events and resolution of exceptions on timely manner by middle office and higher management.
Overview
13
13
years of professional experience
Work History
Manager - Asset Services - Corporate Action
HSBC GBMO
Bengaluru
11.2022 - Current
- Asset Services and Tax Operations support global businesses across Equity and Fixed Income in the
management of asset servicing events, managing the risk for both the bank and our clients - We are dedicated to providing a premium service to our clients and trading desk acting as single point
of contact for post-trade management and daily operational activity for all CA events - Managing mandatory and voluntary corporate action for HSBC custody and prime clients
- Identify all eligible holders, develop and ensure to distribute notifications related to corporate action
events across all the markets to external clients plus internal clients - Interact with clients and custodians daily and handle Inquires through phone and email and via swift
- Resolve all discrepancies, ensure to take action on everyday matters as well as inquiries from all
external clients and internal clients. - Convey and manage entire event deadlines with external as well as internal and reconcile short, long,
swap position for all CA events and Convey necessary instructions to all clients. - Managing Voluntary and mandatory corporate action and dividend payments across the globe,
servicing 45 countries and processed$2.2billion dividend payments annually - We work closely with multiple stakeholders and external clients to ensure all events are processed in an
accurate and timely manner with a key focus on minimizing risk whilst providing an excellent service - Our expertise offers in-depth experience in Asset Services combined with local and global market
knowledge, allowing us to service a variety of sophisticated business strategies and clients
Associate Manager - Corporate Action
Standard Chartered GBS
Bangalore
01.2020 - Current
- Event Creation and Scrubbing: Checking with all the agents, custodian and other vendor sources such BBH, Bony, clear stream and collate all the event information
- Setting up the Mandatory, Mandatory with choice and Voluntary events in our system as per the agent swifts
- Scrubbing all the required information like key dates and deadlines, stock ratio and rates
- Validating the all the event details by various agents swifts
- Once the event is set up, it goes through four eye validation and in case of any error it is corrected
- After every event created, each event and its exceptions are carefully monitored and make sure the shareholder would receive the correct instruction
- Performing control functions in a process, verifying transactions booked into accounting system and preparation of accounting summaries/reports Investigating and resolving discrepancies between the fund accounting books and custodian cash and securities accounts of these funds Identifying ineffective areas within own process and initiating changes for them – proposing improvement solutions Identifying and reporting of any gaps and risks in a process followed by the single-handed preparation and implementation of solutions eliminating these gaps Creating procedures and keeping current procedures up to date according to Citi standards Identifying ineffective areas within own BAU process and initiating changes for them – proposing improvement solutions Timely answering to standard and most of the non-standard queries related to duties performed, adhering to high standards of business correspondence
Analyst (SME) - Corporate Action
Accenture
Bangalore
08.2015 - 01.2020
- Event Creation and Scrubbing: Checking with all the agents, custodian and other vendor sources such BBH, Euclid, clear stream, SG Madrid, LSE, Crest and collate all the event information
- Setting up the Mandatory, Mandatory with choice and Voluntary events in our system as per the agent swifts, or LSE
- Scrubbing all the required information like key dates and deadlines, stock ratio and rates
- Validating the all the event details by various agents swifts or Bloomberg
- Different types of events that are worked upon by event creation are merger, stock split, spin off, right issue, open offer, dividend options and many more
- Once the event is set up, it goes through four eye validation and in case of any error it is corrected
- After every event created, each event and its exceptions are carefully monitored and make sure the shareholder would receive the correct instruction
- Performing control functions in a process, verifying transactions booked into accounting system and preparation of accounting summaries/reports Investigating and resolving discrepancies between the fund accounting books and custodian cash and securities accounts of these funds Identifying ineffective areas within own process and initiating changes for them – proposing improvement solutions Identifying and reporting of any gaps and risks in a process followed by the single-handed preparation and implementation of solutions eliminating these gaps Creating procedures and keeping current procedures up to date according to Citi standards Identifying ineffective areas within own BAU process and initiating changes for them – proposing improvement solutions Timely answering to standard and most of the non-standard queries related to duties performed, adhering to high standards of business correspondence
Senior Risk Analyst
TCS
05.2013 - 07.2015
- Responsibilities T0 Equities Submission (Risk analysis) Daily risk sensitivity validation, Risk reporting to front office & sensitivity submissions to downstream risk system Clearing errors in GPC Maintaining KPI Mapping security codes and CCY and Books in GPC and GPC2 Submitting Risk from Rave to GPC Uploading the Risk in GPC for APAC and EMEA regions Monitoring the Risk flow and Rpl units Updating the KOP's Packaging Maintain the position package for the risk associated with Global Rates , Global Credit, Structured Finance and Global Foreign Exchange
- Checking and analysing Sensitivities for a particular trade in book
- Calculating the Value at Risk to analyise the final outcome
- Analyzing Delta, Gamma & Interest Rate risk values for the business
- Continously interacting with Clients and Traders
- Generating various reports require for analyzing & compliance purpose
- Monitoring and guiding the offshore team on daily VaR analysis process
- Provide technical support for VaR analysis process
- Value- added analysis to enable Market Risk Management (MRM) to optimally manage risk in conjuction with the business
- Perform Backtesting to analyse the credibility of the VaR calculation with respect actual profit and loss
- Tracking and escalation of data related issues.
TLM Analyst
Infosys
03.2011 - 05.2013
- 1) Handling TLM exceptions –message maintenance, investigating & resolving various operator interventions, handling missing balance issues, currency mismatch etc
- 2) Handling Reject Queue for APAC Region 3) Temp suppression and perm suppression of accounts in TLM Recon Admin
- 4) Creation of New Account and closure of account in TLM Recon Admin
- 5) Building Cash and Depot Accounts in TLM Recon Admin
- 6) Creation of source code in TLM Recon Admin
- 7) Creation of Source Aliases, Mask set ID and source set Id in TLM Recon Admin 8) Manual upload of missing transactions in TLM 9) Ensuring feeds from agent banks loaded successfully in TLM 10) Investigating on rejects and duplicate feeds from agent bank 11) Reviewing TLM users access rights on regular intervals
- 12) Handling Nostro and Depot queries
- 13) Releasing of Queue at the EOD 14) Unmatching of matched breaks
- 15) Handling Nostro recs Queries 16) Static uploads of Data 17) Handling TLM Trial Balances 18) Creation of Monthly TLM user review
- 19) Handling NA, APAC and EMEA Reject investigation 20) Investigation of Probable duplicates, Missing invalid, Incorrect Number of accounts and feeds in TLM Recon Admin.
Education
Bachelor Of Business Management -
University of Bangalore
01.2010
Pre-Degree -
Bangalore University
01.2007
S.S.L.C -
Board Of Public Examinations, Karnataka
01.2005
Skills
TECHNOLOGY SKILLS
- Bloomberg
- CREST
- DTC
- EUROCLEAR
- SWIFT
- Outlook
- Microsoft Word
- Microsoft Excel
- Microsoft power point
- Stock Market
- MARKIT
Languages
English, Kannada, Tamil, and Hindi.
STRENGTH
⦁ Professional Attitude
⦁ Strong communication and presentation skills
⦁ Work effectively with diverse group of people
⦁ Able to relocate and travel as required
⦁ Highly trainable, fast learner, adapt well to pressure in the work place
⦁ Good people skills
DECLARATION:
I hereby declare that the above statements furnished are true and correct to the best of my knowledge and belief.
Timeline
Manager - Asset Services - Corporate Action
HSBC GBMO
11.2022 - Current
Associate Manager - Corporate Action
Standard Chartered GBS
01.2020 - Current
Analyst (SME) - Corporate Action
Accenture
08.2015 - 01.2020
Senior Risk Analyst
TCS
05.2013 - 07.2015
TLM Analyst
Infosys
03.2011 - 05.2013
Bachelor Of Business Management -
University of Bangalore
Pre-Degree -
Bangalore University
S.S.L.C -
Board Of Public Examinations, Karnataka
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