Deepak Kumar Singh
Bhingar
Summary
Dynamic finance professional with expertise in cash and position reconciliation at NTT Data Global Services. Proven ability to enhance operational efficiency through effective corporate actions reporting and Bloomberg Terminal proficiency. Strong communicator and team player, dedicated to training and upskilling colleagues while consistently meeting deadlines and improving accuracy in financial reporting.
Overview
8
8
years of professional experience
Work History
T & S Operations Senior Associate
NTT Data global services Pvt Ltd
08.2020 - Current
- Perform daily cash and position reconciliation of Accounts between Geneva and custodian
- T+1 basis reconciliation of all trade activity to ensure accounts of investment portfolios are up to date with the latest transactions and that records of such accounts maintained by Custodians as well as Investment Managers
- Researching, identifying and booking transactions not recorded yet, communicating with clients, custodians and data providers to ensure all financial records are available
- Hands on experience in using Bloomberg Terminal for searching information on Corporate Actions, verifying coupon accruals for bonds and Price for securities
- Perform on monthly paydowns, Bond interest and Bank loan interest
- Collaborate with various internal departments to ensure all outages are assigned and cleared in a timely manner
- Accurate and timely processing of all capital activities including subscriptions, redemptions, and transfers
- Process and monitor Daily cash flows and also work on monthly flow activities
- Training new hires, up skilling existing workforce to enhance business capability, improve turnaround time and improve overall communication between all involved parties
- Assist with Special Project/request as assigned by Team leader
Trade and settlement Operations Senior Associate
State Street Syntel Service Pvt. Ltd.
07.2017 - 04.2020
- Internal reconciliation (for Germany and UKCFS)
- Reconciliation of Books of Accounts of Custodian Bank of Client
- Generate Cars holding report to extract stock exceptions for reconciliation
- Reconciliation Of Various voluntary and non-voluntary corporate action events
- Identify the cause and assign the stock breaks to correct team for further Investigation & resolution
- Perform primary investigation on the position breaks on E-horizon
- Escalate all issues properly, in time, to the appropriate level, to avoid any Adverse impact on the business
- Have experience of custody and its booking process
- To book sinking adjustment for sinkable bonds on regular period as per Bloomberg factor rate
- Co-ordinate with income team, corporate action team & trade processing team to resolve the stock breaks between accounting and custody
- Ensure all posting are proper and correct
- Responsible for end to end reconciliation which involves coding, commenting, researching and querying for stock exceptions
- Timely escalation of outstanding issues to clients
- Track all queries raised by client to team
- Reporting all Necessary Reports to the Client by meeting given Limit of Deadlines like Cash & Stock Report, SOD Report, and Past Due Reports
- SOD and EOD reporting to client
- To ensure SOPs are updated whenever there is change
- Maintain Deadlines tracker for Cash and Stock Reports, EOD Report, and Past Due Reports
- Quality check of the exceptions done by team members
- Training to new joiners on process
Education
MBA - Finance
DYPIMS institute of management
Ahmadnagar06.2017
BBA - Finance
Ahmadnagar College
Ahmadnagar05.2015
Skills
- Cash reconciliation
- Position reconciliation
- Trade activity monitoring
- Corporate actions reporting
- Bloomberg Terminal usage
- Financial reporting
- Client communication
- Employee training
- Paydown and interest
- Bank loan
Hobbies and Interests
- Playing Cricket
- Listening to music
- Travelling
Accomplishments
- NTT DATA Global
- Star performer award
- Appreciation from client for best performance
- State Street Syntel
- Maintained the process quality by zero errors in processing
- Syntel Champ
- Zero Error Award
Applications Used
- MS-Office
- Frontier
- Geneva
- On base
- IDC
- Bloomberg
- E-Horizon
- MCH
Seeking
Challenging middle management assignments with an organization
Timeline
T & S Operations Senior Associate
NTT Data global services Pvt Ltd
08.2020 - Current
Trade and settlement Operations Senior Associate
State Street Syntel Service Pvt. Ltd.
07.2017 - 04.2020
MBA - Finance
DYPIMS institute of management
BBA - Finance
Ahmadnagar College
Similar Profiles
Stevenson JacobStevenson Jacob
Senior Associate at NTT DATA Global Delivery Services Pvt. Ltd.Senior Associate at NTT DATA Global Delivery Services Pvt. Ltd.
Abdullah BaigAbdullah Baig
Senior Finance Manager at NTT DATA Global Delivery Services Pvt LtdSenior Finance Manager at NTT DATA Global Delivery Services Pvt Ltd
GAZI MAMOONUR ALAMGAZI MAMOONUR ALAM
SENIOR NETWORK ENGINEER at NTT GLOBAL PVT. LTD(NTT DATA)SENIOR NETWORK ENGINEER at NTT GLOBAL PVT. LTD(NTT DATA)