CHANDRAKANTHA K K

Domain - Custody Operation

CLIENT CONVERSION

• Understanding of the trade life cycle and back end operations in financial service industry and knowledge of FX products (Forex).
• Working on CUSIP Swing/Change, booking trades and settling the same.
• Processing custody to custody Fund Transfer for asset movement which includes processing MT540/MT542.
• Closely working on Omnibus conversion which involves asset conversion between different omnibus account and segregated accounts.
• To work on Sub-Custodian change, transfer all Lending positions to new sub-custodian bank.

Key Responsibility

• After the transfer, liaising with Sub Custodian and Client support team for trades settlement.
• Responsible for trades activities like cancellations and amendment in case required for settlements or requested by the client.
• Ensure all trades booked on Trade/Top day through help of Multi Currency Horizon (MCH)
• Work within the guidelines and timeline set by the team/ management to avoid operational risk.
• Reconcile the daily open trade report, monitor and resolve the queries raised by the settlement team and send the report to internal people.
• Understand business and regulatory requirements and ensure we are align with the requirements.
• Performing 4 eye checks, Conducting training for new joiners, build and maintain good relationship within the team and Onshore.

• Domain: Investment Banking (The Deutsche Bank)

• AAR (Account Activity Review) is part of EU 4th Anti-Money Laundering directive for ongoing monitoring of a business relationship
• ARR is done to ensure that client behavior is consistent with the client’s business and the purpose of which bank provides services and products as required by client and as reflected in clients KYC profile

Key Responsibility

• Managed & Assigning attestation to team – Perform the AAR review
• Prepare EOD reports on daily basis and error trend analysis to clients and Management
• Preparing monthly MIS reports based on the volumes and team accuracy
• Worked on regulation that increases transparency across EU’s financial market and standardized the regulatory disclosure for agent banks and business line in the market
• Deal with amendments for all the regulatory requirements

Global Network Management

• 'Network management services' main point of contact for all agents and entities of the bank and we deal with the account maintenance of Depot and Nostro that are opened with entities globally
• Dealing with agent banks about market requirements for trading activities
• Client services for account closure and amendment with various business lines and products
• Maintenance of Internal Account tracking database called PCS Lite
• Account setups and static change which includes Account opening, closures, static changes
• Sending MT599 message to agent banks for opening, amendments and closure request

• Domain: Accounts Payable (The CITI Bank)

• Workflow specialist in US citi process as an accounts payable executive
• Receiving loan applications through on line for processing and reviewing all the supporting documents received in obtaining loans
• Dealing with the invoices and other clarifications by mail submitted by attorneys’ firms who work on behalf of company (CITI MORTGAGE INC.)
• Ensuring all enquiries / payments is dealt with quickly, keeping the files & documents updated
• Interacting with Attorneys, Trustees and Clients in US over phone (conference) and e-mail for issues and queries on accounts
• Processing manual utilities