CTM & Alert
Hari Raghava Bellam Konda
Summary
Result oriented professional with around 8.11 years of experience in financial markets. Gained expert knowledge on various markets through handling middle office and back-office operations for trade and settlements in various products like fixed income, money market and FX instruments. Excellent reputation for resolving critical problems, in depth investigations, attention to detail, Process improvements and Meeting client expectations.
Overview
9
9
years of professional experience
Work History
Team Lead, Officer, IOO Trade Support Market Op
Northern Trust
07.2024 - Current
- Manage confirmations for various instruments ( Equities, Bonds, FX, MM Deposits ), settlements across global markets, overdraft monitoring and front-office reconciliations.
- Lead and organize team workflows, ensuring alignment with department operational objectives. Provide guidance, mentorship, and performance management to team members.
- Ensure reconciliations are performed with 100% accuracy within defined SLAs. Proactively manage workflows and address exceptions promptly.
- Conduct reviews to identify efficiency opportunities , implement process enhancements , and maintain joint issue logs with regular reviews.
- Provide status updates on exceptions, liaise with other departments, and escalate issues to onshore and client locations when necessary.
- Maintain training and talent matrices , ensuring team members are familiar with client SLAs, BCPs , and other requirements.
- Initiating and handling projects related to process optimization, market changes and ensure process is in compliance as per controls requirement.
Team Lead, Officer, IOO Trade Support Market Op
Northern Trust
07.2024 - Current
- Manage confirmations for various instruments ( Equities, Bonds, FX, MM Deposits ), settlements across global markets, overdraft monitoring and front-office reconciliations.
- Lead and organize team workflows, ensuring alignment with department operational objectives. Provide guidance, mentorship, and performance management to team members.
- Ensure reconciliations are performed with 100% accuracy within defined SLAs. Proactively manage workflows and address exceptions promptly.
- Conduct reviews to identify efficiency opportunities , implement process enhancements , and maintain joint issue logs with regular reviews.
- Provide status updates on exceptions, liaise with other departments, and escalate issues to onshore and client locations when necessary.
- Maintain training and talent matrices , ensuring team members are familiar with client SLAs, BCPs , and other requirements.
- Initiating and handling projects related to process optimization, market changes and ensure process is in compliance as per controls requirement.
Technical Coordinator, IOO Trade Support Market Op
Northern Trust
12.2021 - 07.2024
- Worked within Outsourcing Department serving Operations function for assigned number of Investment Management clients.
- Process and Oversight confirmation, settlements and fails process for Fixed Income and Money Market Instruments like REPO, Term Deposit, Certificate of Deposit, Commercial paper, Call Deposit , Bonds, Equities.
- Responsible for End-to-End processing and 2nd level approval for settlement of FX instruments like FX Spot, NDF, FX Forward instructions and manage CLS settlement, NDF/FX netting and Gross instructions.
- Strictly reviewed trade performance stats; confirmations; fails and STP rates to identifying performance themes and sub-optimal processes.
- Worked closely with QA teams and internal business stakeholders to remediate and improve client service.
- Assisted team and line management with complex client enquiries where applicable.
- Reviewed static data set up to ensure all accounts, Interfaces and broker SSIs are in place for smooth flow of transactions.
- Front office and back office breaks are cleared in timely manner.
- Actively manage escalated trade related issues representing financial or reputational risk to NT and track till resolution with client and key business stakeholders.
- Assisted in investigation and resolution of interest claims issued received for allocated clients where applicable.
Senior Analyst, Trade Services
Northern Trust
08.2019 - 11.2021
- Successfully conducted and ensured all internal trainings and cross trainings are happened for team members.
- Regular reviewed procedures for finding process gaps and implemented process optimization.
- Oversight of confirmation/settlements/fails process.
- Performed quality check for all manually touched trades.
- Proactively managed workflow, adhering to agreed turnaround times.
- Exception management consisting of stock, cash, custody negatives/splits and pending fail trades.
- Narration & Exception management as per CASS and REMS standard.
- Responsible for End-to-End processing and 2nd level approval for settlement of Repo's/Tri-party from manually placing instructions to market to monitoring settlement, reconciliation and providing EOD report directly to client.
- Provided information on status/progress of exceptions and resulting processes to management.
- Ensured that team is familiar with and understand requirements described in Clients' SLA.
Analyst, Trade Services
Northern Trust
05.2017 - 07.2019
- Ensuring all trades are instructed, matched & settled on timely basis.
- Monitoring of failing trades.
- Reducing fails and/or potential fails by means of pairing off or partialing down deliveries.
- Responsible for solving reconciliation breaks on timely basis between custody records and market records.
- Known for handling critical procedures , smoothly on boarding new process and crunching trade volumes.
- Monitors and take appropriate actions in case of market risks (buy-in).
- Minimization of settlement costs & operational risk, By improving STP rates at custodian so reducing cost, by updating static data as and when necessary.
- Contributed to overall successful running of settlement department: By maintaining close relationships with CSRs, CSD/ICSD and escalating problems to them promptly where required.
- By settling high value trades smoothly, handling sudden spike in volumes and maintained new market changes are absorbed in process.
- Ensuring direct Managers are kept informed of any potential problems & issues where appropriate.
Data Associate, MSME Credit Ratings
Acuité Ratings & Research Limited
05.2016 - 05.2017
- Explained analytical process and notify information requirement to client.
- Performed and Oversighted data entry process whereby data (Financial/Non-financial) is uploaded on Acuité's rating workflow/databases and ensure highest quality.
- Prepared rating note containing credit rating recommendation in time bound manner by adhering to highest ethical standards, Acuité's policies and Acuité's rating criteria.
- Worked on additional products like Due Diligence reports and Green Field reports.
- Helped top management through providing quality data for analysis purposes and NSIC reporting.
Education
Associate of Arts - BBA: Finance
IFIM Institutions
04.2016
Skills
- Problem-solving analysis
- Initiative-oriented professional
- Demonstrates flexibility in diverse situations
- Thorough attention to specifics
- Consistently trustworthy
- Proficient in Excel functions
Software
TLM
EASYWAY
FINASTRA (MISYS)
Trade serve
MTS
Clearstream XACT portal
CREST
RAD
MS Excel (Basic VBA)
Timeline
Team Lead, Officer, IOO Trade Support Market Op
Northern Trust
07.2024 - Current
Team Lead, Officer, IOO Trade Support Market Op
Northern Trust
07.2024 - Current
Technical Coordinator, IOO Trade Support Market Op
Northern Trust
12.2021 - 07.2024
Senior Analyst, Trade Services
Northern Trust
08.2019 - 11.2021
Analyst, Trade Services
Northern Trust
05.2017 - 07.2019
Data Associate, MSME Credit Ratings
Acuité Ratings & Research Limited
05.2016 - 05.2017
Associate of Arts - BBA: Finance
IFIM Institutions
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