Nikeeta Tawale

• Part of Portfolio Transfers Team who are responsible for movement of client portfolios from (Transfer Out) and to the (Transfer In) organisation.
• Engaging with the front office department to understand and gauge the requirements of clients.
• Understand the client specific requirements and needs for a specific transfer (partial/full or in/out)
• Reviewing the documents sent by the client for any transfer and allocating to the specific team.
• Liaising with various external groups such as counterparty, custodian, fund managers and internal teams such as Settlements, Corporate Actions, Reconciliation, etc.
• Making sure relevant transfers are correctly processed into the accounting system and providing appropriate feedback to the processor post the QC.
• Conducting daily standups to understand volumes for the day, challenges, exceptions if any
• Responsible for periodic review and due diligence of SOP and risk management activities like RCSA and Audit
• Attending weekly Over-SLA meetings to understand why certain transfers were not delivered within TAT and suggesting improvements or remedial measures for preventing future occurrence.
• Managing escalations, acting as a point of contact for any urgent issues or client escalations

Hedge Fund Corporate Actions.

• Managing corporate action processing, hands on experience in processing both mandatory and voluntary events.
• Responsible for balancing and reconciling of positions related to mergers,conversions, redemptions, dividend payments, cash/stock positions etc,liaising with brokers, sub-custodians, external vendors to identify and resolve discrepancies related to event processing, researching and responding to inquiries from internal business groups, depositories.
• Primarily handling different CA related activities like dividend reconciliation between our records and custody/ broker records, setting up voluntary events for hedge fund clients ensuring smooth processing of CA based on instructions.
• Training new joiners as well less experienced staff, responsible for periodic review and update of training materials, SOPs

• Working for a Fund Accounting Department as a team member Corporate Action Team.
• Core activity to grab Corporate Action announced events in market and validate the same as per information provided by sources (Custody information, Bloomberg, IDC/FTS, Company Website and Reuters).
• After validation we scrub the holdings held for that particular security and provide this information to Fund Accounting Managers through internal systems.
• To scrub corporate actions events, various reports are ran on BBG terminal and information received from Custody Side.
• For voluntary Corporate Actions we receive responses from Custody and as per this information we make respective action on responses and then send that information to Fund Accounting Manager to make record in Books of client.
• Liaising with security master set up team for setting up new security announced in market as per Corporate Action announcement and get it set up in internal system for processing Corporate Action on timely manner.
• Liaising with sources for resolving the conflicting information received from different sources.