Pavithra N
Bangalore
Summary
Results-driven Senior Associate with 6 years of experience in Collateral Management and DTCC/DTC settlements within global banking environments. Proven expertise in managing DTC cash marks, collateral returns, JPY mark-to-market, and break resolution. Recognized for delivering accurate results under tight market timelines, maintaining strong client and broker relationships, and ensuring adherence to risk and control standards.
Overview
7
7
years of professional experience
Work History
Senior Associate
State Street Corporation
Bangalore
01.2023 - Current
- Settled transactions booked by trading desks in line with DTCC/DTC market instructions and deadlines.
- Managed cash and non-cash collateral returns, directly coordinating with counterparties based on market movements.
- Approved DTC cash collateral position marks and charges on a daily basis.
- Performed daily reconciliation of collateral returns and SPO charges, ensuring accuracy of balances.
- Sent, agreed, and monitored MTM marks with brokers; investigated and resolved balance-sheet-impacting breaks.
- Specialized in break investigation and resolution of aged and complex breaks.
- Handled JPY mark-to-market activities, including processing of wire payments and receipts related to returns and margin calls.
- Managed end-of-day (EOD) returns and ensured timely completion within market cut-offs.
- Coordinated with the Corporate Actions (CA) team on new events and resolved broker discrepancies.
- Released loans to counterparties once collateral was settled or exposure was fully covered.
- Returned collateral to counterparties prior to maturity, including coupon-related settlements.
- Responded to broker queries and maintained effective communication with onshore teams and client operations.
- Monitored daily process volumes and ensured completion within defined SLAs.
- Actively involved in the migration of DYC cash marks from manual processing to automated setup, supporting testing, validation, and smooth transition.
Analyst
Société Générale
Bangalor
08.2020 - 12.2022
- Verified settlements and applied MTM on securities borrowed and lent by Front Office.
- Monitored net collateral requirements and issued margin calls when exposure thresholds were breached.
- Validated and reconciled cash movements related to margin calls across multiple currencies.
- Issued and managed Tri-party margin calls and exchanged collateral as per counterparty agreements.
- Reconciled breaks between internal records and counterparty statements.
- Managed mailbox communications and responded to queries from Front Office, counterparties, and internal stakeholders.
- Prepared reports on non-validated cash, residual balances, terminated trades, and counterparty risk exposure.
Analyst
Accenture
Bangalore
04.2019 - 08.2020
- Verified settlements and applied MTM on securities borrowed and lent by Front Office.
- Monitored net collateral requirements and issued margin calls when exposure thresholds were breached.
- Validated and reconciled cash movements related to margin calls across multiple currencies.
- Issued and managed Tri-party margin calls and exchanged collateral as per counterparty agreements.
- Reconciled breaks between internal records and counterparty statements.
- Managed mailbox communications and responded to queries from Front Office, counterparties, and internal stakeholders.
- Prepared reports on non-validated cash, residual balances, terminated trades, and counterparty risk exposure.
Education
M.Com (FA) - Accounting And Finance
Kristu Jayanti College
Bangalore 04-2019
B.Com - Finance
S. T. Anne’s Frist Grade College For Women, Bangalo
Bangalore 03-2015
PUC -
S.T. Charles Women’s PU College, Bangalore
Bangalore 03-2012
High School Diploma -
Carmal Convent English High School
Bangalore 04-2010
Skills
- Transaction settlement
- Cash management
- Collateral reconciliation
- Break investigation
- Securities Lending & Borrowing
- MS office
Languages
English
Proficient
C2
Hindi
Upper Intermediate
B2
ACHIEVEMENTS
- A” Team Award – Q2 FY’19
- Star Performer Award – Team Level
- Trader, onshore, and client appreciation for clearing high-volume HSBC broker returns
DECLARATION
I hereby declare that the information furnished above is true and correct to the best of my knowledge and belief.
Place: Bangalore
Name: Pavithra N
Timeline
Senior Associate
State Street Corporation
01.2023 - Current
Analyst
Société Générale
08.2020 - 12.2022
Analyst
Accenture
04.2019 - 08.2020
M.Com (FA) - Accounting And Finance
Kristu Jayanti College
B.Com - Finance
S. T. Anne’s Frist Grade College For Women, Bangalo
PUC -
S.T. Charles Women’s PU College, Bangalore
High School Diploma -
Carmal Convent English High School