Rajendran M

Futures and Options Specialist

• Managed end-to-end trade lifecycle for futures and options, which includes Reconciliation, Trade amendments and settlements.
• Monitored and resolved margin requirements, including initial and variation margins, ensuring compliance with clearing house requirements.
• Processed daily margin calls, ensuring accuracy in cash flow management and timely settlements.
• Investigated trade discrepancies, liaising with brokers and counterparties to resolve breaks in a timely manner.
• Conducted adjustments for dividends, coupons, and corporate actions for futures and options portfolios.
• Oversaw give-up fees by validating and reconciling charges, ensuring accuracy before processing payments.
• Allocated trades to appropriate clearing brokers and ensured timely communication with executing brokers for seamless operations.
• Handled queries from portfolio managers, brokers, and custodians related to futures and options trades, delivering effective resolutions.
• Prepared month-end reports to showcase futures and options holdings and performance for client portfolios.
• Collaborated with internal teams and external stakeholders to ensure compliance with trading mandates and regulatory requirements.

Performed daily reconciliation of cash and holdings, ensuring accuracy in calculations and fund valuations.

Dealing with Fund Accounting Reconciliation and Mandates Accounts

Modifications of dividends and coupon in case of differences.

Responsible for handling internal and external stakeholders and escalations/queries from Portfolio Managers.

Addressed and resolved escalations from internal teams and external clients, ensuring satisfaction and adherence to service-level agreements.

Supported audits by gathering documentation, performing reconciliations, and collaborating with auditors to streamline the review process.

Developed and improved fund accounting workflows to enhance efficiency and accuracy in reporting and reconciliation processes.

Working and handling Securities Lending (sub process)

Security Operations

Stock Loan Operations Mar 2012 – Dec 2015

• Prepare SSR/TLM Reconciliation & MIS reports which go inter and intra department on a Daily, Weekly and Monthly basis.
• Reconciliation and resolving of Escrow Triparty(TP) breaks, between DB and TP agent and to cover exposures and to balance P&L a/c to avoid any losses on TP exposures.
• Reconcile stock loan breaks by investigating what has happened (real world) and amending the books to reflect that. This involves looking at all trades booked in the London entity and using several systems to reduce reasons as to why ledger/statement breaks exist.
• Over-see the operations process and ensure that all statement and ledger entries are assigned correctly.
• Compare the DB and Triparty report with the Triparty Allcoation Ledger file of the bank and ensure that both are in alliance.
• Reconcile the stock offset accounts to facilitate the movement of stock.
• Was part of the SSR to TLM migration of a team’s working for different application and to help facilitate best practices techniques for both teams.

Contract Compare & Pricing Mar 2008 – 2012

• Pre-matching trades related to DB intercompany across all markets.

· Responsible for identifying discrepancies, by using Equilend and Pirum , International trade systems.

• Investigation and resolution of trades discrepancies for all failed trades.
• Conduct regular interviews with teams and prepare measurements of the teams work on a regular basis.
• All reports are done using Microsoft applications and have become extremely proficient in Excel and Word.
• Worked in Pricing team for a two years where I was handling all MIS reports for the Pricing process function for Deutsche Bank London.

Prime Brokerage settlements

· Investigation and resolution of trade discrepancies in respective markets, Ensure timely and accurate reporting of trade queries to Middle office & Matching of trade instructions with counterparties.

· Deciding on the mode of settlements interacting with counterparties and client reps. Confirming all pair offs, net offs and ensuring payment of client stock.

· Maintain market understanding and knowledge.

· Ensure knowledge transfer across all users and groups

· Analyzing the trend various failed reasons and escalating to the Process Management

· Selling various Credit Cards for one of the largest credit card issuer in US and UK

· Selling Insurance for Credit Card holders and Balance transfers for existing custom