DEEPALI SHETTY
Mumbai
Summary
Detail-oriented professional with an E-MBA and Team Leader experience specializing in Swift, Reconciliation, FPS and BACS Payments, Money Market, and FX. Demonstrated ability in root cause analysis to enhance STP while minimizing client inquiries. Recent focus on Derivatives Equity Pre Settlement Reconciliation has deepened expertise in Settlements.
Overview
10
10
years of professional experience
Work History
Team Leader
JP MORGAN CHASE & CO
Mumbai
08.2022 - Current
- The Derivative Internal Settlement team i specifically handled Pre Cash Equities Settlement.
- Managed and took complete control over the end-to-end process and resolved queries.
- Daily Reconciliation and ensure the trade is amended in case of any discrepancies before Settlement.
- Coordinated activities such as AG netting, PVL funding queries, and pre cash reconciliation to ensure seamless processing.
- Communicate with internal team in order to get issue or break resolved.
- Managing Queries and Clients Escalations on email.
- Follow governance mechanism and keep track of all process issues.
- Raised queries and collaborated with various middle office teams to resolve issues effectively.
- Work Allocation and progress measurement and reporting
- Performed data analysis and reporting using Excel, Irecs, OTM, and DCPP tools.
- Work and investigate on CSDR Claims and manage queries.
- Managed client postings and investigated related financial discrepancies.
- Managing different Stock and Cash source code
Senior Associate
BNP Paribas Global Securities Operations
Mumbai
03.2020 - 08.2022
- Calling brokers directly to match broker SSI for MM and FX before setup in live environment.
- To work as a member of Static Data team so as to ensure all related data is correct for it to be straight through process (STP).
- Ensure all day to day queries received through mails for respective clients ensure to solve and increase STP to reduce client enquiries.
- Work for different clients and different setups like New Funds launch, Broker-Fund Amendment, Migration, Market updates, New Broker setups, Collateral fund setup and BAU's.
- Work with various team such as trade processing team, cash processing, pre matching settlement, asset servicing to process transaction and resolve within SLA.
- We also work on new and amendment of SSIs for FX MM and Cash Instrument.
- Work on CLS, Market Charge, FX Settlement Rate Source and so on.
Senior Associate
Hexaware Technologies Limited
Mumbai
08.2018 - 03.2020
- Work for Citibank as Payment Investigator.
- Investigated payment instructions for individual, corporate clients, and banks, ensuring accurate processing.
- Resolved high-priority client queries via email, providing timely updates on fund status.
- Addressed multiple payment-related issues to facilitate timely resolutions for clients and maintain service quality.
- Utilized multiple SWIFT message types, including MT103 and MT202, to accurately communicate payment details between banks.
- Resolved queries regarding fund returns and beneficiary claims.
- Concentrated on ensuring accurate payment processing and verification to uphold financial integrity.
- Trained Chennai panel for FPS and for BACs Payments for testing.
Associate
Wipro Limited
Pune
07.2016 - 08.2018
- Charles Schwab- Advisory Services.
- Identified discrepancies in advisor reports for equities, derivatives, and fixed income securities.
- To find breaks in advisors report for various product like equities, derivatives, fixed income securities.
- Reported short sale violations to advisors for compliance and corrective actions.
- Reviewed master reports for discrepancies.
- Option Violation, Short sale violation, Trade error reconciliation report.
- Revised standard operating procedures to improve clarity.
Education
MBA -
Narsee Monjee Institute of Management Studies
MumbaiBachelor in business administration (BBA) -
Bharti Vidyapeeth Management University
MumbaiHSC -
ICLES Motilal Jhunjhunwala
Mumbai, MHSSC -
New Bombay high School (Maharashtra Board)
MumbaiCertified - Investment Banking Operations
Imarticus Learning
MumbaiHOBBIES AND INTERESTS
Sketching Chinese Dragon, Dancing
Accomplishments
- Awarded Spot Performer in Wipro
- Awarded Star Performer of the Quarter in Rand Merchant Bank
- Awarded Star Performer in Hexaware Technologies.
PERSONAL INFORMATION
Sketching Chinese Dragon, Dancing
Timeline
Team Leader
JP MORGAN CHASE & CO
08.2022 - Current
Senior Associate
BNP Paribas Global Securities Operations
03.2020 - 08.2022
Senior Associate
Hexaware Technologies Limited
08.2018 - 03.2020
Associate
Wipro Limited
07.2016 - 08.2018
MBA -
Narsee Monjee Institute of Management Studies
Bachelor in business administration (BBA) -
Bharti Vidyapeeth Management University
HSC -
ICLES Motilal Jhunjhunwala
SSC -
New Bombay high School (Maharashtra Board)
Certified - Investment Banking Operations
Imarticus Learning