Kiran S. Jadhav
Investment Banking
Pune,MH
Summary
Team leader with a proven track record in performance monitoring, effective delegation, and member motivation. Skilled in managing daily operations and facilitating team communication. Committed to identifying needs and delivering innovative solutions that drive results.
Overview
15
15
years of professional experience
1
1
Certification
Work History
Team Leader
Cognizant Digital Business Ops
Pune
02.2021 - Current
- Assignment of day-to-day management of the process. Managing daily oversight associated with researching, soliciting, and instructing on all Voluntary and Non-Voluntary Corporate Action events. Handling total 10 teams under my supervision.
- Scheduling daily huddle with team on day-to-day activities, taking weekly SDC call and MBR for monthly call with onshore/client if any activity missed or error from our side. In emergency or ad-hock cases initiating call with client.
- Managing to twenty procedure for the LPL Financial client, including Dividend, Reorganization and Proxy related.
- Leading the team by setting up objectives based on the skills and experience to provide timely productivity with accuracy. Catering the responsibilities among team members to maintain the workload balance. Having strong team building and organizational skills along client service skills.
- Managing the Equity Flatten Fractional Position Mailbox, Equity Option Change - C/W (Client Stocks Report), CNS Report PSACIOA723 / PSACIOA1523, 1-6 RECON, 1-7 RECON, Daily Withholding, A-11 Processing (All 11 Dividend Option Change), DYNAMICS Fractional Redemption (MF) MF flatten fractional, MUT(F MF) Option Change - CW (Mutual Fund Dividend option change), RAND Database Upload, Allocations - CNS - Cash Adjustment, Allocations - Mandatory Stock/Cash (Mandatory Reorg-Allocation), CNS - Reorgs - (CNS MACRO Microbank Reports), Notification Audit Review / Response Due Date Review, Proxies Processing, Proxy Material Log, Proxy Returned Mail, e-Delivery Failures, Invalid Ballot Report and Client Position Returned procedures.
Team Leader
State Street HCL Services
Pune
05.2019 - 06.2020
- Responsible for the daily oversight associated with researching, soliciting, and instructing on all Voluntary and Non-Voluntary Corporate Action events. Managing two teams from different locations. (Chennai and Pune locations).
- Scheduling daily huddle with team on day-to-day activities, taking weekly call with onshore and client if any activity missed or error from our side. In emergency or ad-hock cases initiating call with client.
- Having strong team building and organizational skills along client service skills.
- Always look for new ways to improve current processes and develop creative solutions. Have a confidence in facing off with senior levels within an organization.
- Solving problems of a complex nature for all Corporate Actions disciplines.
- Having in depth knowledge of Voluntary and Non-Voluntary Corporate Actions concepts and practices.
- Sending Instructions to JV (State Street Syntel Services) for Corporate Action Events. (Mandatory and Voluntary).
- Managing control functions in a process, verifying transactions booked into accounting system and payment of client accounts.
- Timely answering to standard and most of the non-standard queries related to deadline performed, adhering to high standards of business correspondence.
- Review reconciliations prepared by the Portfolio Administration personnel to ensure that all corporate actions have been properly recorded and settled.
- Provide and facilitate necessary research material for proper booking of CA’s, mainly catering for CAD based funds.
- Reconciling the booking made by the Vendors against custody settled positions and taking necessary actions for resolutions.
Analyst
Bank of New York Mellon
Pune
06.2014 - 04.2019
- Corporate Action Event Analysis (Mandatory and Voluntary)
- Looking towards custody corporate actions operations for Germany, Japan, Thailand, Australia, Hong Kong, Taiwan, Euro clear final Redemptions, Partial redemption, UK, Netherland and Singapore market all APAC markets.
- Analyse, challenge and transmit information from various sources on corporate events to our clients. Event Announcement and notifying client on it.
- Ex-date and Record Date Reconciliation.
- Loan Position reconciliation and sending letters to brokers on record date.
- Instructing brokers for client elections. Market Deadline Reconciliation
- Processing late response (after deadline) and timely sending instruction to sub-custodian.
- Position Reconciliation at payment minus 2 day and sending claim letters to brokers.
- Payment to client and settling broker claims. Custody Management and resolving client queries.
- Process client responses on corporate events upon having checked the validity of the response.
- Manage the deadlines by monitoring uninstructed balances. Instruct the sub-custodian, third-party custodian or lending broker and follow-up on the instructions with different parties.
- Coordinate with the Cash and Stock Reconciliation team and the Middle Office team.
- Investigations on Cash / Share discrepancies in client’s account.
- Ensure the completion of the file: close cash breaks and asset breaks, follow up on open trades resulting from late/pending trades.
Associate
State Street Syntel Services Pvt. Ltd.
Pune
05.2010 - 03.2014
- Worked for Allegro Process – Corporate Action
- Monitor the notification from vendor validate the information.
- Scrubbing and Posting of the event in the application-XSP
- Notifying the Portfolio manager about corporate action.
- Communication with custody in case of discrepancy in events.
- Processing on corporate action event for Redemption date.
- Working on the query raised by portfolio manager or custody.
- Preparation of daily and monthly MIS with updates. Preparation and updating of SOP
- Resolve query from Oversight/Internal Team/ Recon Team/Fund manager
Education
Bachelor of Commerce -
Pune University
01.2010
HSC -
Maharashtra board
01.2006
SSC -
Maharashtra board
01.2004
Skills
- Corporate action research
- Client account management
- Process improvement
- Team supervision
- Cross-functional collaboration
- Performance monitoring
- Risk management
- Customer relationship management
- Leadership development
- Problem solving
- Staff training and education
- Onboarding and orientation
- Key performance indicators (KPIs)
- SOP compliance
- Documentation and reporting
- Work planning and prioritization
Languages
English, Hindi, Marathi
Disclaimer
Father's name: Mr. Suresh M. Jadhav
Permanent address: C 1/5 Indira Nagar, near Shani Mandir, Bibwewadi, Pune, 411 037
Date of birth: November 30, 1987
Sex : Male.
Nationality: Indian
Career Focus
I’m a driven team lead/manager with over 14 years of distinguished performance, and I have effectively managed investment banking operations I am proficient in managing corporate actions, reconciliations, and income tasks, and I have developed skills in managing corporate actions and equities I have successfully migrated a total of five businesses from various clients, part of a process migration from LPL Financial to Cognizant, from Deutsche Bank (Bangalore) to State Street Syntel (Pune), from BNY Mellon from the UK branch to the India location, and State Street to SSHCL the all Processes migrated successfully.
Computer Exposes
- Diploma in Computer fundamentals, office automation.
- Diploma in Computer Applications, Tally.
Certification
- Ethics and generative AI (GenAI)
- Anti-money laundering concepts: AML, KYC, and compliance
- SQL programming basics
- Mortgage-backed securities (MBS): Basic to advanced
- Corporate action life cycle
Accomplishments
- Achieving team goals and targets
- developing and empowering team members
- Fostering a positive team environment and culture
- Driving innovation and process improvement
- Building and maintaining relationships
Affiliations
- Effective communication skills
- Conflict resolution
- Goal alignment
- Motivate and inspire
- Business performance management
Timeline
Team Leader
Cognizant Digital Business Ops
02.2021 - Current
Team Leader
State Street HCL Services
05.2019 - 06.2020
Analyst
Bank of New York Mellon
06.2014 - 04.2019
Associate
State Street Syntel Services Pvt. Ltd.
05.2010 - 03.2014
Bachelor of Commerce -
Pune University
HSC -
Maharashtra board
SSC -
Maharashtra board
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