Mohammed Faraazuddin
Bangalore
Summary
Finance professional experienced in investment banking operations and client service. Expertise in financial reconciliation, SWIFT transactions, and audit management. Demonstrated success in improving process efficiencies and delivering high-quality client solutions. Aiming to leverage skills in financial operations and client relationship management within a top-tier financial institution.
Overview
3
3
years of professional experience
1
1
Certification
Work History
Associate 2
State Street Corporation
Bangalore
01.2023 - Current
- Conducted quarter, half, and year-end audits, ensuring 100% compliance with financial regulations.
- Drafted the appendix, the first bank letter, and obtained approval from the depository team.
- Preparation of stock, cash macro, and also providing comments and backup.
- Liaised with auditors regarding the query logs raised by them.
- Resolving queries related to Trade, Cash, Custody, Equity, fixed income, FX, Income, Dividend, Claims, Recon, and account opening.
- Liaising with processing teams and clients to release sanctions trades.
- Proficient in handling various SWIFT messages for efficient financial transactions.
- Resolving daily client queries on trade, cash, custody, and equity.
- Ensure all inquiries are resolved in a timely and accurate manner, and communicate effectively with the client when necessary.
- Ensuring all transactions are reconciled for cash, trade, and FX at the custody level and accounting level.
- Manage the day-to-day activities of a functional/oversight team by monitoring, reviewing, and validating all daily activity to ensure accuracy and timeliness in processing, as well as adherence to controls.
- Deliver highly valued services and solutions to clients to ensure quality services are consistently delivered, and clients are offered State Street's full range of services as their needs and services evolve.
- Work in conjunction with individuals on the team, as well as other business units, shared services/COEs, outsource partners, and external clients, as needed, to resolve issues/discrepancies and ensure client satisfaction through seamless processing, accuracy, and adherence to all SLAs, internal standards, and guidelines.
- Liaise with agents on the status update on MENA, EMEA, APAC, Latin America, and DTC market trades and market-related queries.
- Defining and managing the successful completion of ad hoc client requests, reports.
- Managing the overall functioning of the process, identifying improvement areas, and implementing adequate measures to maximize customer satisfaction levels.
- Provide timely, accurate management reporting and issue log maintenance under moderate supervision.
- Define the risk environment for the business unit, and perform a Risk and Control Assessment to ensure that appropriate actions are initiated and executed to minimize risk events.
- Constantly creating a dynamic environment that fosters development opportunities and motivates, encourages, and promotes high performance among team members.
- Actively plan, organize, and execute team engagement activities to build a strong bond among team members, contributing to a healthy work environment.
- Assisted in preparing financial reports for client portfolios and regulatory compliance.
Education
Bachelor Of Business Administration -
Dayananda Sagar College
Bangalore01.2023
Pre-University Course -
Jain College Jaynagara
Bangalore01.2019
Skills
- Financial reporting
- SWIFT transactions
- Risk assessment
- Trade reconciliation
- Issue resolution
- Team collaboration
Professional Snapshots
- An astute professional with over 2.8 years of experience in the custodian market for investment banking, collaborating with client management, client service, strategy team management, and reconciliation
- Currently associated with State Street Corporation, Bangalore, as an Associate 2
- Proficient in handling quality customer service operations, organizing process strategies, and constantly working on upgrading the processing for a better workflow and building relationships across the organization
- Possess strong communication with ability in handling and leading the team and dynamic decision-making skills.
Certification
- Generative AI foundations in collaboration with Microsoft
- AI dashboards using Microsoft Power BI
Accomplishments
- Recognized by management for successfully leading a process
- Appreciated for innovative ideas that contributed to the development of improved business processes and workflow automation
- Organized and led team-building activities, fostering collaboration and boosting team morale, as acknowledged by senior leadership
Languages
- English
- Kannada
- Hindi
- Urdu
Personal Information
- Father's Name: Khaja Sharffudine
- Mother's Name: Shabana Yasmeen
- Date of Birth: 10/01/00
Declaration
I hereby declare that the above written is true and correct to the best of my knowledge and belief
Timeline
Associate 2
State Street Corporation
01.2023 - Current
Bachelor Of Business Administration -
Dayananda Sagar College
Pre-University Course -
Jain College Jaynagara
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