Pallavi H N

Collateral Management Team, Global Markets Division:

• Issuance of Initial/Variation margin calls to clients and ensuring open margin calls are met before the cut off time and escalate if necessary.
• Resolution and escalation of all client disputes on timely manner and proactively working on enhancing the teams process and controls.
• Monitoring cash and security related movements related to Listed derivative products for client related accounts and Clearing house.
• Reaching out to finance controllers/middle office regarding valuation difference/booking miss match.
• Core responsibility being maintaining sufficient collateral in cash with clearing houses and brokers who clears
  trades on behalf of Goldman Sachs.
• Movement of cash between Firm and clearing houses on Margins, Interests and fees for the collateral held
  with Clearing houses and brokers.
• Reconciling all accounts related to cash and clearing of any breaks due to mismatch of cash file sent from exchanges or GS and resoling breaks if any.
• Handling of monthly, quarterly and annually audit request both internally and externally.
• Ensuring the margins are settled before the cut off time to avoid default from the clearinghouse.
• Facilitated quarterly balance sheet substantiation for cash and non cash holdings.

Worked at Client location Goldman Sachs - Collateral Management

• Core responsibility of reconciling books and records of clients and ensuring timely resolution of breaks.
• Identifying open cash and security movements and interacting with internal teams for timely settlement.
• Identify key risk indicators of the team and publishing to Management.