Jayson Kutty

ClearSky Ops: ClearSky Team does report system and it keeps track of the sale done by different client for different states in US according to the Blue-Sky Law.

Responsibilities:

• Termination Filing: As per the client request, terminate existing permits due to the reasons of Fund liquidation, Not selling/ Distributing the fund in a particular state & a merger into another fund.
• Name Change: As per the request from client for a change in name of funds, we update a fund(s) name in BlueWin System.
• Prospectus Review: Compare and review most recent prospectus filed with the SEC to the current permit set up on the BlueWin. BlueSky regulations expect that Funds properly file & fund changes with the states in a timely manner. This procedure is in place to ensure that all changes have been communicated by our clients and updated to the BlueWin system and states appropriately.
• ClearSky DDA Reconciliation (TLM): DDA is utilized to receive payments from clients to cover BlueSky fees as well as the payment of fees to the states based on BlueSky State requirements; this is an off-balance sheet account.
• Monthly Uncleared Check: Check sent to states to pay for filing fees or to clients in the form of a refund in the event a client overpaid. It is important to monitor the aging of checks to ensure checks do not become escheatable and / or to validate the check is not lost.
• Gain/Loss Tracking: Monitor and track Gain and Loses for monthly management reporting.

Transfer Agency: The Transfer Agency is responsible for the investor servicing functions, as they maintain the records of investors in mutual funds. They process investor applications; record details provided by the investors; send out to investors details regarding their investment in the mutual fund; send out periodical information on the performance of the mutual fund; process dividend payout to investors; incorporate changes in information as communicated; and keep the investor record up to date, by recording new investors and removing investors who have withdrawn their funds.

· Administrations Services.

· Statement Services.

· Payment Services.

Responsibilities:

Settlement:

• Migrated 8 new funds to Pune.
• Trained staff in Pune for the specified funds
• Prepared Daily Reports
• Lead the team in the absence of TL(Attendance Tracker, Transport)
• Fund Allocation
• Solving queries (Floor Support)
• Prepare weekly and monthly scores for the team and establishing it.
• Constant conversation and getting updates from onshore counter part
• Represent team on weekly onshore call
• Maintain update tracker
• Leading weekly Team Huddles.
• Transmit fund details to Fund accounting and Custody as per the deadlines.
• Research items in order to prevent gain/loss.
• Control & QC on external trades estimates from NSCC.
• Generating and printing the reports as per the Clients and funds.
• Processing investment request into the correct fund and the account number with exact NAV.
• Processing money movement.
• Review all Incoming and Outgoing transactions are reconciled accurately and processed within agreed timelines. Managing queue status.
• Ensure all the reports are delivered to the custody and fund accounting by the team on time.
• Review and check for overseeing accounting procedures, internal controls (like: implementing, monitoring, enhancing), and database management.

DDA Reconciliation:

• Maintaining Recon Book on daily basis, which is received via bank, file containing alltransaction effecting deposit account.
• Research and resolve any discrepancies that may occur in Recon Book.
• Balancing the Transfer Agent’s Demand Deposit Accounts (DDA) or bank accounts.
• Follow-up with clients/onshore support for any items that is pending on book.
• Tracking of the aged items.

State Street Bank, Syntel KPO

Designation: Associate

Tenure: 5th Oct 2009 to 14 June 2012

Process: Global Income service – Claims

Capital Market:

· I have sound knowledge in Capital Market.

· Calculation of dividend on equities.

· Calculation of Principal and interest on Coupons.

· Posting of the payments to clients account.

· Determining dividend entitlements.

· Determining Coupon entitlements.

· Determining Record date entitlements in Japan and Russian markets.

· Calculating foreign exchange and posting them to clients account.

· Calculating Tax reclaims and posting them to clients account.

Reconciliation:

· We do reconciliation for the open and closed lines of the claims.

· In reconciliation we track out the claims which is still open and which is closed.

· We maintain a tracker after reconciliation and send it to our senior management for the approval.

Responsibilities:

US Claims (Sub Team):

• The work involves of claiming broker for State Street entitle payments (for US Location Only). We research and initiate the claims on Pay Date and after the funds are received, we deposit the payments into the respective funds.

Past Due Team (Sub Team)

• The work involves claiming payments to the broker for which State Street Bank is entitled. Researching and initiating claims, replying to the emails, attending conference calls, updating trackers, End of the Day Reports are the regular tasks.

Market Team and Claims against Team (Sub Team):

• During huge volumes I pitch into these sub teams to process the payments, EOD and Payment Bucket.

Achievements:

• Received Rise Award for saving a huge gain loss in process.
• I have worked in three different processes.
• Back up for two processes.
• I have put my knowledge and efforts in streamlining of the process.
• I am the only person to handling Claims against Team for the past one year.
• I was rewarded as “Best Associate of the year in 2010 and 2011” for continuous 2 years from VP and Sr. VP of our Trade Process.
• Rewarded “Titan of the Month” in March 2011.
• Consecutively, for the 6 months (November 2010 to April 2011) I was rated “A” in the team.