Self-driven professional with nearly 6 years of experience in Investment Banking, Project Management, Brokerage Service and more. Wealth of expertise entails in Key Account Management || Compliance and Operational Risk Issues ||Documentation || Competitive Intelligence|| Market Analysis || Client Relation Management || MIS Maintenance. Managed T+1 OCC and DTTC reconciliation for US Equity options, CMTA -IN Processing. Successfully performed tasks related to pre-matching & fails management to ensure timely settlement of trades with counterparties. Comprehensive knowledge in Trade Lifecycle. Supervised the Southern Region of the BSE MSME Development Platform. Resolved any processing issues and liaison with other areas of the department which includes Settlements, Trading Desk Support, Client Service Representatives, Finance & Middle Office, Client Onboarding Services in T24, PSW, Oneplace, and TLM & global Asset Services Departments. Hands-on experience on market analysis for the Stocks(BSE & NSE) and Commodities (MCX). Headed a team of 7 members (different locations) and worked as a mentor to Trade Admin I; provided support for Senior Trade Admin.
Hi, I’m
KANAK KALYAN SINGH THAKUR
Senior Associate
Hyderabad
Summary
Overview
12
years of professional experience
2
Certifications
4
Languages
Work History
State Street India
Senior Associate
01.2022 - Current
Job overview
- Monitored daily activity to calculate net value of various funds and fund of funds.
- Reconciled income and equity fund records to custodian, transfer agent, portfolio groups.
- Oversaw forecasting operations daily, weekly, and monthly for a range of clients.
- Forecasting funds for the client for the Cash Sweep and STIF purpose.
- Contributed to the preparation of accurate financial statements by reviewing high-quality reconciliations during reporting cycles.
- Experience with BloomBerg and IDC
- Participating in internal project initiatives, testing and implementation of
- Also performing below checks on daily basis :
- Balance Ledger breaks - CD ~ Balance Ledger Breaks - PM ~ Expired Derivatives
- Manual Entry Cusip Check Open Trades ~ Money Market Pricing ~ Money Market Pay Date
- Original Face Consistency
- Tools used - MCH - ( Multi Currency Horizon), My State street ( To check the custody payments) , IBS, My View ( To raise a logs), MDS ( To check the dividend rate and tax rate)
- Operations: Documentation of SOP, Training offshore team during migration, Guiding junior fund accountants, Process streamlining
- Others: Key member of corporate internal event team responsible for event publicity
- Migrated 20 process and still counting
Wipro India Pvt. Ltd.
Senior Analyst
01.2021 - 12.2021
Job overview
- Daily processing of equity dividend events in an accurate, timely and consistent manner, in accordance with agreed procedures and service levels. Trade Life Cycle, CMT Reports
- Ensured high customer service standards by resolving Prime Brokerage client queries swiftly.
- Mentoring communicating and handling cross-functional programs including project stakeholders, technical program managers, and software development teams
- Organized Data analysis on trends observed and recommended solutions to the product and BD teams. Collaborate with partner teams and stakeholders across the globe (Emea and USA and Canada region) to deliver on key business goals and objectives by driving consensus and building trust.
- Pre-matching & fails management tasks to ensure timely settlement of trades with counterparties
- Managing escalation on critical & high value breaks to senior management and identifying changes for procedures that can improve client services
- First point of escalation for Client Service Representatives, client onboarding, onshore management and offshore management
- Resolving the reconciliation for US Stock Options and Derivatives
- Clearing Lifecycle Management team works on reconciling multiple exchanges across the globe to monitor and remediate exceptions in Exchange Traded Derivatives (ETD) flows on T+1
- Supervising the Reconciling function for listed Futures and Options business transacted on all of the major derivatives exchanges globally
- Processing (releasing) of Corporate Actions (Mandatory & Voluntary)
- Mandatory Events- (Redemption, Return of Capital, Bonus Issue, Cash Dividend, Mergers, Liquidation, Stock Split, Reverse Stock Split, Coupons & Rights Distribution.)
- Voluntary Events - (Cash Stock Options, Merger with elections, Tender offer, Subscription offer, Buyback offers, Right Issue, Exchange offers etc)
- Research of corporate actions announced in the market.
- Stock Lending, Broker Dealer.
NexRise-We Help You Grow
Business Advisor
06.2019 - 12.2021
Job overview
BSE (Bombay Stock Exchange)
Senior Officer
01.2019 - 06.2019
Job overview
- Led a team of 7 members (different locations) and coordinated with other departments to expedite the work
- Prepared Arbitration and Grievance report and sent to HO
- Identified Compliance and Operational risk issues and prepared DIS (Department of Investors Services) reports to redress investors' grievances
- Used ERP and CRM tools for the Key Account Management and helped the SMEs to get listed on the Exchange
- Managed relationship with various stakeholders and resolved issues & conflicts for better support and future relationships
- Verified the evaluated Balance sheet of present upcoming projects of the companies submitted by the team
- Evaluating timing of its IPO, size of secondary share offering and other strategic alternatives (including outright sale of the company).
- Developed a bid strategy to best accommodate the client's message and needs.
- Prepared extensive due diligence materials and assisted with drafting of credit approval memos, rating agency presentations, roadshow presentation, fairness opinion, and prospectus supplement.
- Prepared due diligence materials, client presentations, and comparison of sponsor and management model assumptions
- Updated broker contact sheet and instructions for the Licensing of the brokers
- Worked as a mentor to Trade Admin I and provided support for Senior Trade Admin
Karvy Stock Broking Limited
Assistant Manager
09.2017 - 09.2018
Job overview
- Worked on the Derivatives trades like Futures, Swaps, and Options and raise discrepancies with appropriate internal parties and brokers
- Calculated Variation Margin for Futures and equities
- Research on discrepancies with trading desks, custodians and brokers to facilitate timely and accurate settlement of trades
- Supported Collateral Management process by matching the collaterals with brokers and report excess/deficit collateral
- Validated ETD Derivatives cash and positions
- Reported and tracked fail trades with broker, custodian and communicate to appropriate Internal teams
- Participated in continuous improvement initiatives and processed manual trades in Accounting systems as required
- Maintained and updated documentation on Trade Processing global operational procedures and broker contact sheet and instructions
RBVRR College
Freelance Lecturer for BBMT
06.2013 - 06.2014
Job overview
Education
Badruka College of CommerceHyderabad
Bachelor of Commerce
University Overview
RBVRR Women's collegeHyderabad
Masters In Business Administration from Finance and HR
University Overview
Osmania University
Masters in Commerce from correspondence
University Overview
Osmania University Hyderabad
Bachelor Of Laws from Corporate Law
07.2022
University Overview
Skills
Advance Excel
Certification
Certified Professional Scrum Master, 819227, https://www.scrum.org/certificates/819227
Freelance Experience
Freelance Experience
- NexRise-We Help You Grow, Hyderabad, Business Advisor, 06/01/19, 12/31/21
- RBVRR College, Hyderabad, Freelance Lecturer for BBMT, 06/01/13, 06/30/14
Personal Information
Personal Information
Date of Birth: 03/29/86Profile Summary
Profile Summary
6, Investment Banking, Project Management, Brokerage Service, Key Account Management, Compliance and Operational Risk Issues, Documentation, Competitive Intelligence, Market Analysis, Client Relation Management, MIS Maintenance, Managed T+1 OCC reconciliation for US Equity options, CMTA -IN Processing, Performed tasks related to pre-matching & fails management for timely settlement of trades, Supervised the Southern Region of the BSE MSME Development Platform, Hands-on experience on market analysis for Stocks (BSE & NSE) and Commodities (MCX), Headed a team of 7 members and mentored Trade Admin ITimeline
Senior Associate
State Street India
01.2022 - Current
Senior Analyst
Wipro India Pvt. Ltd.
01.2021 - 12.2021
Business Advisor
NexRise-We Help You Grow
06.2019 - 12.2021
Senior Officer
BSE (Bombay Stock Exchange)
01.2019 - 06.2019
Assistant Manager
Karvy Stock Broking Limited
09.2017 - 09.2018
Freelance Lecturer for BBMT
RBVRR College
06.2013 - 06.2014
Badruka College of Commerce
Bachelor of Commerce
1 2007
RBVRR Women's college
Masters In Business Administration from Finance and HR
1 2010
Osmania University
Masters in Commerce from correspondence
1 2011
Osmania University
Bachelor Of Laws from Corporate Law
Similar Profiles
Balaji BBalaji B
Senior Associate at State Street IndiaSenior Associate at State Street India
Perumalla Manasa CMAPerumalla Manasa CMA
Sr.Associate at State Street India Pvt Ltd.Sr.Associate at State Street India Pvt Ltd.
Parth Santosh RaoraneParth Santosh Raorane
Associate 1 at State Street (India)Associate 1 at State Street (India)