Aswathy Panickar
Financial Operations Professional
Pune
Summary
High-caliber Financial Operations Professional with over 3 years of proven expertise in trade settlement, operational risk management, and client servicing. Proficient in handling processing of fixed income and equity trades, including cancellations, rebookings, payment instructions, and lifecycle event management with strict regulatory compliance. Adept at managing and executing high-value fixed income and equity trade settlements, facilitating seamless reconciliation of trade instructions and timely resolution of discrepancies. Skilled in fostering open communication and strong relationships with clients, brokers, and internal teams to achieve alignment on settlement workflows and address queries efficiently. Expert in identifying, mitigating, and monitoring operational risks through adherence to regulatory standards and internal controls. Experienced with managing diverse tasks and supporting team initiatives. Utilizes organizational skills and attention to detail to enhance operational efficiency. Track record of effective collaboration and problem-solving in fast-paced settings.
Overview
4
4
years of professional experience
4
4
Languages
Work History
Associate 2
State Street Corporation
04.2024 - Current
- Led settlement of high-value fixed income and equity trades within DTC and European market, handling cancellations, rebookings, and payment instructions, maintaining full regulatory and custodial compliance.
- Administered SWIFT MT 540-543 messaging for settlement instructions, reducing settlement risk and achieving 98% STP rate across multiple counterparties.
- Collaborated with custodians, prime brokers, and internal teams to resolve trade breaks and fails, improving operational efficiency and stakeholder satisfaction.
- Mentored and onboarded 6-7 team members, providing training and knowledge transfer to maintain compliance with operational controls and risk frameworks.
- Analyzed aged fails reports to identify bottlenecks and implemented remediation plans, delivering SLA-driven updates to senior management and custodial teams.
- Drove process improvements by leveraging automation and optimizing workflows, reducing manual intervention time by 25% and increasing settlement accuracy.
Senior Analyst
State Street HCL Services
01.2023 - 03.2024
- Conducted detailed pre-matching of trade instructions using STP tools to identify discrepancies, reducing settlement fails by 18% and operational risk exposure.
- Interacted with brokers, custodians, and client managers to manage trade breaks, achieving 95% resolution rate within prescribed settlement timelines.
- Spearheaded TMPG claim management by engaging with brokers and counterparties to expedite claim resolution and minimize disruptions to settlement cycles.
- Utilized custody portals and trade reconciliation systems to process over 1,000 settlement instructions daily and maintaining data accuracy.
- Implemented process improvements using Lean Six Sigma principles to streamline operations and enhance cross-team communication and governance.
Analyst
State Street HCL Services
11.2021 - 12.2022
- Executed settlement instructions and monitored fixed income and equity trades within T+2 settlement windows, adhering to regulatory standards and internal SLAs.
- Liaised with clients and operations teams to resolve trade discrepancies and minimize settlement fails and lifecycle exceptions by 12%.
- Processed trade amendments such as cancellations, rebookings, and payment orders using SWIFT MT 540 messaging and custody reconciliation platforms.
- Managed trade communication and settlement processes via SWIFT standards and proprietary trade management tools, maintaining 99% data integrity.
- Assisted senior analysts in claim management and reporting, contributing to operational risk controls and smooth team workflows through effective collaboration.
Education
Master of Business Administration - undefined
Pratibha Institute of Business Management
01.2023
Bachelor of Business Administration - undefined
Pratibha College of Commerce and Computer Studies
01.2021
Skills
Trade Settlement and Reconciliation
Accomplishments
- Recognized and commended by clients, onshore teams, and senior management for consistently delivering exceptional results.
- Awarded the title of Best Performer by senior leadership in acknowledgment of outstanding performance and contributions.
Timeline
Associate 2
State Street Corporation
04.2024 - Current
Senior Analyst
State Street HCL Services
01.2023 - 03.2024
Analyst
State Street HCL Services
11.2021 - 12.2022
Master of Business Administration - undefined
Pratibha Institute of Business Management
Bachelor of Business Administration - undefined
Pratibha College of Commerce and Computer Studies