Gaurav Trivedi

Taking on a crucial role in managing the end-to-end processing of corporate actions, including various types of.

Mandatory, Voluntary & Mandatory with choice corporate actions.

Serve as a Subject Matter Expert (SME). Conducted risk assessments and implemented controls to mitigate.

Operational risks associated with corporate actions.

Coordinated with external vendors and internal departments to ensure timely and accurate notification.

Corporate action events.

Effectively engaged in multiple team meetings with onshore, contributing insights and ideas towards the process.

innovation

As a team lead, conducting induction and training program for the new team members.

Maintained and updated corporate actions data in accordance with regulatory requirements.

Proficient in data sources like Bloomberg, ICE (IDC), DTCC, and SWIFT for corporate actions processing.

Created various SOPs for payment processing and response processing in case of voluntary and mandatory.

With choice type of corporate actions.

Maintaining error tracker and conducting brainstorming sessions on a monthly basis for process improvement.

Conducting review meetings with SMEs to discuss their growth and issues, if any.

Worked on process migration from Onshore to Pune for response processing.

Presenting team insights during periodic Business Review Meetings with managers.

• Cross-checking information received with other data sources.
• Reverting to local sub-custodians to clarify or solve any open issue.
• Analyzing the corporate event in order to anticipate any reporting or processing issues.
• Setting up of financial information into the Custody system.
• Collecting and relaying any updates related to the corporate event on an ongoing basis.
• Processing the securities reconciliation with sub-custodians' client positions at the different steps of the event.
• Checking eligible positions of accounts within the local sub-custodian.
• Checking that all eligible positions have been instructed at response deadline (for voluntary events only)
• Consolidating client instructions (for voluntary events only).
• Advising the local market by sending instructions of participation to the sub-custodian (for voluntary events only).
• Checking that instructions of participation have been duly acknowledged by the sub-custodian.
• Tracking the payment date of the event in order to advise clients accordingly.
• Processing payment of the event on the client's account upon recovery of cash and/or securities from the local sub-custodian.
• Processing any manual adjustment related to cash or securities in order to finalize the recovery process.