Summary
Overview
Work History
Education
Skills
Accomplishments
Timeline
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MANIKANDAN K

Bangalore

Summary

Dynamic Technical Coordinator at Northern Trust with a proven track record in proactive problem-solving and meticulous attention to detail. Expert in TLM and trade confirmations, I excel in enhancing processes and ensuring compliance. Committed to delivering exceptional client service while managing complex reconciliations and driving efficiency in operations.

Overview

10
10
years of professional experience

Work History

Technical Coordinator

Northern Trust
Bangalore
08.2020 - Current
  • Reconciling the FX trades between brokers and the investment manager
  • Ensuring allocation of work among team members, and making sure that the client SLA has been adhered to as per the set procedures
  • Coordinating with supporting teams to ensure timely resolution of the outstanding breaks
  • Onboarding the new funds and creating new accounts in the Triresolve reconciliation platform
  • Discussing with clients on a weekly call about process improvement and aged breaks
  • Promptly checking with the client on any clarification or confirmation in the process
  • Preparing EMIR reports for the client's requirements
  • Hands-on experience in using CSA and trade confirmation documents for resolving FX trade breaks
  • Working with internal team on clearing the margin dispute for the FX trades
  • Performing final level of review on the discrepancies before sending it to the client
  • Responsible for sending SOD,MOD & EOD status to the management and client
  • Actively notify the team on changes/bespoke in the process via conducting team meeting and monitor them closely
  • Responsible for preparing Detailed Procedure Documents for the process
  • Making sure the audit documents are in place which enables smooth audit review
  • Co-ordinated with internal team on the OTC derivative reconciliation for the products interest rate swaps, equity swaps, credit default swaps, futures & options etc.

Intermediate Reconciliation Representative

Bank of New York Mellon
Chennai
06.2018 - 08.2020
  • Research and resolve the position and cash break between Custody and Accounting
  • Reviewing cash, position, market value, and price reconciliations, and resolving the breaks
  • Coordinating with supporting teams to ensure the timely resolution of outstanding breaks
  • Holding accountability for exceptions that have an impact on the NAV before releasing it into the market
  • Ensuring the audit documents are in place, which enables a smooth audit review with the auditors
  • Responsibility to research and find out corporate action discrepancies; if required, reach out to the respective team to resolve the discrepancies
  • Working on TLM breaks and routing it the appropriate team on resolving the same
  • Accessing Bloomberg to know the corporate action events on a particular asset and raise with respective team to advise
  • Performed daily Nostro reconciliation, matching internal ledgers with corresponding bank.
  • Managed end to end payment reconciliation (SWIFT), verifying settlement accuracy, investigating discrepancies, and ensuring compliance with internal controls.

Senior Analyst

State Street HCL Services
Coimbatore
01.2016 - 01.2018
  • Performing recon between accounting and custody on various trade discrepancies
  • Researching trade discrepancies with internal systems using TLM and RKS
  • Discussing breaks with the onshore teams during weekly calls
  • Preparing MIS reports and reporting the same to top management for trade discrepancies, with the document detailing necessary actions taken
  • Ensuring the daily cash and position recon deadlines are met, and all queries are being responded to in a timely manner
  • Investigating high values and aged trade discrepancies on a priority basis

Education

Master of Commerce - Accounting and Finance

Sree Saraswathi Thiyagaraja College
Pollachi
01.2015

Bachelor of Commerce - Accounting

Sree Saraswathi Thiyagaraja College
Pollachi
01.2013

Skills

  • Proactive & Client focus
  • Accountability & Accuracy
  • Attention to detail
  • Organization skills
  • Multitasking
  • Problem-solving
  • Time management
  • Knowledge of using TLM
  • Knowledge of using ALERT
  • Knowledge of using Bloomberg
  • Knowledge of reading CSA
  • Knowledge of reading trade confirmation documents

Accomplishments

  • Always Accountable Recognition by the management for the dedication, effectiveness in the process and constantly escalating the issues in a timely matter.
  • Recognition for managing and ensuring a smooth onboarding.
  • Wow Award in Bank of New York Mellon for taking ownership on the process.
  • Best Analyst Award in State Street HCL for cross trained on multiple process in short span of time.
  • Completed NISM Certification.
  • Best Student & Proficiency Rank holder Award in Master of Commerce.
  • Proficiency Rank holder in Bachelor of Commerce.

Timeline

Technical Coordinator

Northern Trust
08.2020 - Current

Intermediate Reconciliation Representative

Bank of New York Mellon
06.2018 - 08.2020

Senior Analyst

State Street HCL Services
01.2016 - 01.2018

Master of Commerce - Accounting and Finance

Sree Saraswathi Thiyagaraja College

Bachelor of Commerce - Accounting

Sree Saraswathi Thiyagaraja College

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MANIKANDAN K