B. CHAITANYA
Bangalore
Summary
To leverage four years of experience in pricing, valuations, reconciliations, margin posting, and trade sorting to deliver precise and efficient financial operations. Committed to optimizing processes, ensuring compliance, and driving value creation, while continuously enhancing skills and contributing to the success of the organization.
Overview
5
5
years of professional experience
Work History
Associate II
State Street Corporation
Bangalore
05.2022 - Current
- Resolve exceptions, including cash breaks and broker reconciliation breaks, with precision and timeliness.
- Perform daily and monthly fund valuations and post entries into the accounting system accurately.
- Address and resolve queries from internal teams, clients, vendors, and counterparties, ensuring prompt and effective communication.
- Handle complex issues and escalations with urgency, ensuring deliverables are met within deadlines.
- Respond to email queries promptly and escalate unresolved issues where necessary.
- Identify and mitigate risk issues or breaches, adhering to escalation protocols and operating procedures.
- Support team members by resolving their doubts and queries, fostering a collaborative work environment.
- Book OTC trades, ensuring accurate entry of all key trade economic details and seamless flow to the accounting system via straight-through processing (STP).
- Reconcile CCP cash balances daily between clearing brokers and client accounts, ensuring accuracy.
- Perform position reconciliations between client holdings and initial margin positions, along with other required internal reconciliations.
- Contribute to annual audits and reconciliation processes, addressing queries from external auditors effectively.
- Actively participate in team activities and celebrations, fostering a positive work culture.
People Edge Business Solutions Private Limited
01.2021 - 07.2021
- Company Overview: Client: State Street Global Advisors
- Spearheaded APAC OTC derivatives and provided ongoing operational processing support to clients across all aspects of derivatives trade life cycle, trade support, valuations, pricing, settlements, margin posting, reconciliation & documentation
- Responsible for OTC trade bookings, pricing of trades
- Applications that widely using to smooth flow of process are DHUB, MCH, IMT,WMT
- Downloading broker statements for doing reconciliation for JPM, GS, MS clients
- Pricing by collecting data from Refinitiv
- Establish & maintain good working relations with colleagues, efficiently in operations
- Review and improve by participating through training and strategic initiatives and ensure quality productivity measures are frequently reviewed and enhanced in order to achieve continuous improvement against standards
- Client: State Street Global Advisors
- Confirm trades with brokers on Trade Date
- Instruct trades to Custodian/Administrator/Client
- Communicate all settlement information to the appropriate custodian, and broker
Financial Analyst- Interest Claims
Adecco India Pvt. Ltd.
Bengaluru
11.2019 - 07.2020
- Company Overview: Client: Deutsche Bank
- Investigation on late settled trades related to OTC bond and FX ETD products
- Validating and initiating receivable and payable claims on late settlement of funds, in either ways objective being to mitigate the expense to the company
- Communicating with settlements team on reporting and reconciliation confirmations
- Effective communication, accuracy and timeliness delivery of client service
- Acting as a Single point contact for clients to address their queries with regards to claim compensation and disputes
- Interact with the business heads to get the approval on the claims which are supposed to be paid to the counterparty
- Having knowledge of processing cash transactions MT 202 and MT 103 payments
- Handle escalation on any BOND and FX related cases and ensure it's been treated with high priority and keep the FO/Sales/SRM updated on the status
- Perform Investigation on the FX and BOND to check on the non-receipts and payments to DB and liaise with the respective agent banks, operations and clients to identify the reason and resolve the same
- Ensure any return of funds cases was actioned with high priority as it might attract interest to the bank
- Frequent follows ups performed via mails/phone calls on any High value payments/receipts
- Client: Deutsche Bank
Education
MBA - Finance & Marketing
Sri Venkateshwara College of engineering
01.2019
B. Com -
Sri Venkateshwara College of commerce
01.2017
Intermediate -
Sri Chaitanya Bharati junior college
01.2013
SSC -
Sri Sai Ganesh Vidyalayam
01.2011
Personal Information
Date of Birth: 12/01/95
Languages
- English
- Telugu
- Hindi
Hobbies and Interests
- Listening to music
- Playing cricket
- Cooking
Projects
Internship experience in Vgaint Enterprises, Risk return analysis of selected equity shares in private banking industry., 02/01/19 - 04/30/19
Disclaimer
I hereby declare that the above-mentioned information given is correct and true to the best of my knowledge., Bangalore, Current Date
Additionalinformation - Achievements
- Qualified CA-CPT with 62% conducted by The Institute of Chartered Accountants of India (12/01/13).
- NPTEL leadership online certification from IIT Kharagpur (12/01/18).
- ITT and orientation certificate from ICAI, Tirupati (05/01/15).
Industryknowledgeandtechnicalqualifications
- Knowledge in the working of remittance industry.
- Good knowledge of MS Office (Excel, Word, PowerPoint).
- Familiar with applications like TLM, 3D CASH, CINQ, Espear, ICI, FXPCA, Appix.
Timeline
Associate II
State Street Corporation
05.2022 - Current
People Edge Business Solutions Private Limited
01.2021 - 07.2021
Financial Analyst- Interest Claims
Adecco India Pvt. Ltd.
11.2019 - 07.2020
MBA - Finance & Marketing
Sri Venkateshwara College of engineering
B. Com -
Sri Venkateshwara College of commerce
Intermediate -
Sri Chaitanya Bharati junior college
SSC -
Sri Sai Ganesh Vidyalayam