Onkaresh Halasagi
Bengaluru
Summary
Results-driven passionate professional with 7 years of hands-on experience, seeking to apply my knowledge in a creative and impactful way. I am looking for a challenging work environment where I can take on significant responsibilities and utilize available resources to drive success and support the growth of both the organization and myself.
Overview
7
7
years of professional experience
Work History
Associate Consultant | Client Implementation |
Omnium Change Management | Northern Trust Operating Services
Bengaluru
2022.03 - Current
- Onboarding High Net Worth Client/Funds onto NTHFS Platform, like Omnium Technology, and setting up end-to-end reconciliations and transitioning them to BAU recon teams.
- Streamlined communication between clients and custodians throughout the transitioning phase of client onboarding to NTHFS platform.
- Collaborate and communicate effectively with our onshore counterparts and other internal teams during the process to meet the SLA.
- Working with our IT team and assisting them for testing and developing any specific client requirement.
- Provided technology team with inputs for developing new map logic that loads broker reports into NTHFS system.
- Performed data gathering, mapping, and normalization activities.
- Building tax lot/catch-up reconciliation for Conversion clients, investigating breaks and clearing them as per the instructions of clients.
- Working on various HFS products for Connectivity, Account setup, and Reconciling of Custody, Prime Broker, Futures, Options, Derivatives, and OTC. Also, sub-products like FX Spots & Forwards, Money Market instruments.
- Using various reporting platforms like SWIFT messaging, SFTP, Email Viewer to establish smooth connectivity of Broker report As part of New Account setup (Sub process): We setup new recs and perform daily reconciliation of multiple products and client's
- Generated and supported new ideas and initiatives, made sound decisions, sought input from others, gathered logical thinking, and found solutions
- All exceptions and escalations, received through the workflow, mails, or phone calls, have to be immediately addressed or worked upon, and also tracked for future process improvements.
- Proactively ensure all the documents are in place, review them periodically, and assist higher management if any changes or updates are required.
- Actively monitoring and timely reporting of any exceptions in the team.
- Knowledge share session to fill the gaps within the team and also to resolve complex problems by conducting training to the team members as and when required.
- Performed EOD checks, sign off, and Control checklist daily, reporting to management.
Senior Analyst | F&O Recon Team |
Hedge Fund Services | Northern Trust Operating Services
Bengaluru
2019.12 - 2022.02
- Performed thorough reconciliation of hedge fund accounts for Future and Options trades, aligning client and broker records at an underlying level.
- Demonstrated subject matter expertise in handling major players within the financial industry. Successfully managed a large client base throughout my tenure.
- Identified and resolved faults through Tactical Troubleshooting, showcasing leadership abilities by guiding partners in the resolution of issues.
- Performed daily calculations for open trade equity on future contracts and options premiums. Analyzed the daily differences in trade price, market value, commissions paid, and overall trade results.
- Maintained regular interaction with the middle office and broker support teams, ensuring escalation of all material risk items and service issues for timely reconciliation.
- Delivered comprehensive training to new partners, facilitating their transition from manual to automated reconciliation processes and meeting all training requirements from the onshore team.
- Contributed to the successful migration of work from Bangalore to Manila and Pune, enabling partners to independently carry out their tasks.
- Took an active role in automating manual records into macro format.
Financial Analyst | F&O Recon Team |
Hedge Fund Service | Northern Trust Operating Services
Bengaluru
2017.09 - 2019.11
- Understanding the importance of Client Requirements and Publishing reports before deadlines
- Comparing, studying & understanding the difference between a Client and Broker Reports
- Preparing & Evaluating Reconciliation Reports for different clients and responding to Client queries on timely manner
- Analyzing broker and house data to carry valid breaks on the rec and resolving breaks with the help of amendments
- Created daily reports and RB reports by comparing discrepancies between Client and broker for investment insight.
Education
MBA - Finance
Dayanand Sagar College
Bengaluru, KA2017-01
B.Com -
Rani Channamma University
Belagavi, KA2015-01
Skills
- Citrix and VDI Reconciliation tool.
- E-Glue Navigator, GG Browse, RDW, Admin Console and used various tools for Dashboard Visualizations.
- Microsoft office expertise (Excel).
- Computer Basic Knowledge of working with windows operating system.
- MS Office Basic knowledge of MS Word, PowerPoint.
- Trained from X-LYTICS on MS Excel.
- Ability to work as an individual and as a team member.
Awards
- Received many appreciations from clients as well as from onshore teams.
- Received couple of spot awards.
Affiliations
Date of birth: 09/06/1993
Nationality: Indian
Gender: Male
Languages Known: English, Kannada, Hindi
Accomplishments
Collaborated on different automation and macro projects with the IT team by helping them with ideas and details on the potential areas for automation and providing relevant map logics for the same which in turn helped minimizing several hours of manual work and considerable number of FTE reduction.
Timeline
Associate Consultant | Client Implementation |
Omnium Change Management | Northern Trust Operating Services
2022.03 - Current
Senior Analyst | F&O Recon Team |
Hedge Fund Services | Northern Trust Operating Services
2019.12 - 2022.02
Financial Analyst | F&O Recon Team |
Hedge Fund Service | Northern Trust Operating Services
2017.09 - 2019.11
MBA - Finance
Dayanand Sagar College
B.Com -
Rani Channamma University
Similar Profiles
Arpitha R GargeshArpitha R Gargesh
AVP, Senior Consultant at Northern Trust Operating Services Pvt. Ltd.AVP, Senior Consultant at Northern Trust Operating Services Pvt. Ltd.
PUNEETH KUMARPUNEETH KUMAR
Officer Team Leader reconciliation at Northern Operating Services Ltd.Officer Team Leader reconciliation at Northern Operating Services Ltd.
LYDIA ANGELINE WILLIAMLYDIA ANGELINE WILLIAM
Financial Derivatives Analyst at Northern Operating Services Pvt LtdFinancial Derivatives Analyst at Northern Operating Services Pvt Ltd