Poornima S
Bangalore
Summary
Experienced financial professional with expertise in wealth management, specializing in mutual funds trade execution, settlements, and processing. Proven ability to drive business growth and deliver high-quality client experiences. Seeking a challenging role that leverages my skills and expertise to contribute to organizational success.
Overview
4
4
years of professional experience
1
1
Certification
Work History
Senior Securities Operations Representative (WIM)
Wells Fargo
Bangalore
08.2023 - Current
- Execute cash sweep trades at the fund company and cash movement for money market deposit accounts.
- Reconciled sweep funds between SEI and fund companies; settled manual sweep trades daily, and input daily income factors, distributing factor information to stakeholders.
- Processed deactivation, switching, and reactivation of sweep requests while ensuring timely trade confirmation, report generation, and adherence to deadlines.
- Managed mutual fund settlements for open-end holdings in Wells Fargo trust accounts, including exception resolution for automated and manual location differences between SEI, fund companies, and NSCC.
- Reflecting the current price of mutual funds in SEI, correcting reversals, and charging redemption fees to clients.
- Initiated and executed non-ACAT mutual fund transfers through NSCC, and addressed broker queries.
- Processed mutual fund share class exchange through submitting letters to the fund, and manual posting of exchanges in SEI.
- Resolved reconciliation breaks by executing necessary transaction reversals.
- Handled ACAT fail cases by submitting B52 forms in DTCC for manual transfer.
- Provided backup coverage across departmental functions, coached team members, and supported daily securities and sweep production to meet operational and client service standards.
Associate Securities Operation Representative (WIM)
Wells Fargo
Bangalore
11.2021 - 08.2023
- Individual Retirement Account (IRA) full service estate processing.
- Internal and External transfer of Cash and Securities to clients account.
- Allocation of requested Money Market funds and share holdings as per the client requirement with the reference to Asset breakdown provided.
- Initiating ACAT request to External firms.
- Initiating Liquidation request and setting up of Check, ACH, Fed wire, Overnight Check transfer to individual and multiple beneficiaries manually.
- Manual Federal tax and State tax Deduction during External transfer.
- Manual estate process fee deduction through BETA application.
- Accomplishment of assigned task within stipulated SLA.
Education
MBA - Finance
Jain University
Bangalore01-2024
B.COM - Finance
MLA College
Bangalore01-2021
PUC -
MES College
Bangalore01-2018
SSLC -
Nirmala Rani High School
Bangalore01-2016
Skills
- Communication skills
- Trade execution
- Stakeholder service
- Problem solving
- Transaction processing
- Presentation skills
- Pressure management
- Flexibility and adaptability
Core Competences
- Mutual fund settlements and transfers
- Trade confirmation and reporting
- Fund pricing and reversal processing
- Reconciliation and exception resolution
- Money movement and non-ACAT transfers
- Share class exchanges
- Broker query management
Applications
- DTCC (Depository Trust Clearing Corporation)
- SEI (Stimulated Environmental Incorporation)
- SAM (Securities Asset Movement)
- Transfer Agents (DST vision, Active Advisors)
Corporate Achievements
- Clarifying client queries for the smooth approval of the claim request.
- Frequent process and Control ideas to improve efficiency.
- Received Client appreciation and manager spotlight award for due diligence.
- Contributed in process related projects and building SOP's.
- Completed Securities Boot Camp program Foundation, Intermediate and Advanced.
- Graduated from WIM transformation Institute.
Certification
- Certified in 'Diploma in Accounting and Tally ERP 9' at Anudip Foundations
- Certified in the 'Industrial Readiness Program' conducted by CII
- Certified in 'MS Excel and Tally ERP 9' by Pro Edge
Academic Recognition
- Received 'Best Outgoing Student' award for the Academic year 2020-21.
- Received Best Project Appreciation Award under Commerce Forum.
- Served as Coordinator for Commerce Forum.
- Presented Research paperwork on 'Recent Trends in Indian Financial Market and its Role in Economic Development of India'.
CO-CURRICULAR ACTIVITIES
- Attended Workshop at IISC and Presented paper entitled 'A case study of Women Empowerment From Unorganized Sector'.
- Presented paper at Inter-collegiate competition and secured 1st place on 'Water Resource'.
- Presented Paper at state and International Level at NITTE Institution.
- Participated in WIM level Cultural Programs and won Prizes.
Personal Information
Date of Birth: 05/04/01
Languages
- Kannada
- English
- Hindi
Hobbies and Interests
- Dancing
- Drawing
- Travelling
Disclaimer
I hereby declare that all the details given above true to the best of my knowledge and belief.
Timeline
Senior Securities Operations Representative (WIM)
Wells Fargo
08.2023 - Current
Associate Securities Operation Representative (WIM)
Wells Fargo
11.2021 - 08.2023
MBA - Finance
Jain University
B.COM - Finance
MLA College
PUC -
MES College
SSLC -
Nirmala Rani High School