DIPESH SHELATKAR
Mumbai
Summary
Driven financial professional with a proven track record at StateStreet, adept in securities reconciliation and resolving income discrepancies using Bloomberg and DTCC. Excelled in coordinating with clients for swift resolutions, showcasing a team-oriented approach and flexibility. Expertise in financial markets and economic trends, ensuring accuracy and efficiency in high-stakes environments.
Overview
3
3
years of professional experience
Work History
Associate 2
StateStreet
Mumbai
04.2023 - Current
- Manage the daily reconciliation of securities, cash, and the internal book of records versus custodian books.
- Validation of the dividend events in the market through the relevant sources, along with the market data, and handling client queries.
- Coordinating with the oversight team and client, custody in case of discrepancy, and getting the appropriate resolution (via email).
- Reviewing the income release control report of mandatory corporate action events, such as dividends, as well as interest paid on the market for equities and other fixed-income securities.
- Resolve and confirm the breaks with clients and custody.
- Utilization of third-party information provider interfaces, e.g., DTCC, ICE, Bloomberg, Euroclear.
- Responsible for researching and resolving income discrepancies.
- Validating the reconciliation report, analyzing, and researching to resolve the various tax issues, income mismatch, and accrual setup issues.
Officer KPO
StateStreetSyntelPVTLTD
Mumbai
03.2022 - 04.2023
- Research and booking of dummy forexes.
- Interacting with the counterparty, custody, and client for break resolution.
- Chasing confirmation of trade or the existence of trade deals through emails to custody.
- Validating income events, like ex pay date and income rate, to make sure income is set up in records properly.
- To manually reconcile accrual setup on investor managers' records for equities to ensure that it is correctly set up through (Bloomberg, IDS, Euroclear).
- Handling the reconciliation of equity and bonds, matching trade economics between client data.
Education
BCOM (A&F) - Accounting and finance
Ghanshyamdas Saraf College of Arts & Commerce
Mumbai, MH01.2020
Some College (No Degree) - Commerce
Niramala Memorial Foundation College
Mumbai03-2017
Skills
- Have a working knowledge of the TLM/SCD reconciliation tool
- Knowledge of financial markets and economic trends
- Working experience at Bloomberg (BBG), DTCC, etc
- Team-oriented
- Flexible schedule
Timeline
Associate 2
StateStreet
04.2023 - Current
Officer KPO
StateStreetSyntelPVTLTD
03.2022 - 04.2023
BCOM (A&F) - Accounting and finance
Ghanshyamdas Saraf College of Arts & Commerce
Some College (No Degree) - Commerce
Niramala Memorial Foundation College
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