Lakshmi Choudhary

⦁ To manage Dispute, Portfolio Reconciliations and Margins team in Jaipur and Bangalore location.
⦁ Cross training with colleagues to get a comprehensive understanding of the processes executed by the team, being able to switch tasks when required.
⦁ Manage operational risk by checking strength of existing controls and recommend/implement new or improved controls.
⦁ Strong risk and control knowledge and an ability to identify and handle operational risk and control issues.
⦁ Re-engineering the current process to meet the changing needs of the business.
⦁ Leading/contributing to various projects which are kicked off in the department to increase efficiency in the process.
⦁ Tracking and settlement of the client margin management process including bookings, approvals.
⦁ Reconciliation of post settlement system breaks / security fails / NOSTRO breaks.
⦁ Identifying and resolving breaks so that client accounts are realizing the proper credits and debits.

• Responsible to check and post correct cash and collateral movements to ensure accounts are accurately funded.
• To partner with internal stakeholders to identify and control process gaps.
• Perform resource planning and work allocation to maximize the work efficiency.
• To groom team members with challenging assignments and opportunities.
• To take care of allocating quarterly bonus and annual appraisal.
• Supervision of daily business processes.

• To ensure timely pre-settlement of cash flows.
• Ensuring all high priority issues are escalated to the management immediately.
• Adhere to the procedures and highlight gaps and control to management.

• Lead process migration from client to eClerx.
• Perform trade reconciliation and exception management.
• To manage team of 4 members, ensuring smooth operations by managing escalations, follow up on open issues and building network.

• To ensure each Derivative transaction is affirmed, confirmed and the document executed accurately on paper as per ISDA guidelines.
• To prepare MIS reports and provide the heads up to higher management on aged deals.

• To ensure each Derivative transaction is affirmed, confirmed and the document executed accurately on paper as per ISDA guidelines.