Balender Singh
Gurgaon
Summary
Results-driven financial professional with extensive experience at Ameriprise Financial, adept at streamlining collateral management and resolving complex discrepancies. Proficient in Acadia and DTCC, I excel in cross-functional collaboration and regulatory compliance, ensuring efficient trade processing and risk mitigation. Strong analytical skills complement my commitment to achieving operational excellence.
Overview
7
7
years of professional experience
Work History
Collateral Analyst
Ameriprise Financial
Gurgaon
06.2023 - Current
- Streamlined collateral management processes to minimize credit exposure and disputes over margin calls.
- Processed transactions for over-the-counter derivatives, exchange-traded derivatives, and margins using Acadia.
- Resolved disputes for collateral calls through analysis of client statements and TriOptima.
- Managed processing of coupons and interest payments for investment portfolios.
- Ensured compliance with guidelines by executing day-to-day trades effectively.
- Reconciled cash and income exceptions daily, investigating and resolving discrepancies promptly.
- Collaborated with cross-functional teams to uphold regulatory compliance and internal policies.
- Coordinated with custodians and clients to address complex discrepancies and reconcile entitlements.
Senior Financial Analyst
eClerx Services Ltd.
Pune
03.2021 - 05.2023
- Reconciliation of Trades - Verifying daily trade tickets with internal and external systems
- Validating and processing Income claims for fixed income coupons
- Initiating WIRE transactions via STP as SWIFT MT202
- Setting SPO's against different counter parties and setting up CBV to update SSI's.
- Responsible for custodian bank reconciliations (Cash & Stock), break assignment and resolution of breaks and claims
- Investigating disputes related to Principle & Income and entitlement rule (Record date & Pay Date)
- Processing payment of Stock loan and REPO agreement between different brokers
- Processing of all eligible securities through the DTCC processing system.
- Settle securities transactions by processing deliver orders (DOs) on DTCC RAD.
- Part of UAT testing team to get automation done to remove non-value-added activities from process.
Associate Analyst
Wipro Ltd
New Delhi
06.2018 - 04.2019
- Handling Corporate action events such as Mergers & Acquisitions, Name change of the public companies and update their entitlements.
- Analyze 20+ different types of document and update portfolio data for insiders and institutions via SEC documents/global exchange websites/news, content, direct feed filings from issuers and shareholders.
- Responsible for preparing and consolidating daily task reports.
- Working on various exchange filings to update most recent information on terminal.
Education
PGDBF -
University of Rajasthan
Jaipur, India05.2018
MFC -
University of Rajasthan
Jaipur, India05.2017
B. Com -
University of Rajasthan
Jaipur, India05.2015
12th -
C.B.S.E
Bharatpur, India05.2012
10th -
C.B.S.E
Bharatpur, India05.2010
Skills
- Aladdin
- DTCC
- Bloomberg
- MYSS - State Street
- Acadia
- Tri-optima
- Matrix- Morgan Stanley
- Marquee- GS
- UBS Neo
- Citi Direct
- MarkitServ
- JP Morgan Markets
Timeline
Collateral Analyst
Ameriprise Financial
06.2023 - Current
Senior Financial Analyst
eClerx Services Ltd.
03.2021 - 05.2023
Associate Analyst
Wipro Ltd
06.2018 - 04.2019
PGDBF -
University of Rajasthan
MFC -
University of Rajasthan
B. Com -
University of Rajasthan
12th -
C.B.S.E
10th -
C.B.S.E
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