Summary
Overview
Work History
Education
Skills
Personal Information
Projects And Accomplishments
Transition
Timeline
Generic

RAKSHITHA H B

Associate
Bangalore

Summary

My objective is to building necessary skill set, sharpen personality and to pick-up core competencies to ensure to become a valued asset in a reputed enterprise. Job with multiple responsibilities which will give chance to achieve maximum learning. An effective communicator and team-builder with strong analytical, management and organizational skills. Grasp concepts/procedures quickly and demonstrate traits of being an effective team player. Proactive and positive approach towards work. Ability to work independently and attention to details.

Overview

9
9
years of professional experience
3
3
years of post-secondary education

Work History

Associate

J P MORGAN Chase & Co
01.2023 - Current
  • Settling Lending transactions (DBV) & ensure the collateral positions are reflected appropriately on the client's account
  • Processing the trades via COSMIC, VET application & ensure the trade steps in to the market
  • Releasing the trades from swift bus application
  • Trade amendments requested by clients via Fax, OTM etc
  • Experience with International & Cross border Settlement
  • Settled trades accurately & in a timely manner
  • Completion & Amendments applied on the trade via SOLAR, Cosmic & VET application
  • Worked on Close Matching Engine Project to get the mismatch update accurately on trades
  • Daily work management and execution of performance reporting operations activities
  • Workflow analysis and process improvements
  • Providing timely updates to management and onshore counterparts
  • Responsible for the daily work flow, coordinated training & provided mentoring
  • Manage Team and responsible for their development, grooming and address issues/ grievances proactively
  • Make process improvements recommendations.
  • Handling escalations, leading and monitoring the performance of the team member to ensure the efficiency in process operations
  • Ensuring all activities are performed as per the service level agreement-timely and accurately/
  • Performing the various internal report to management like fails summary query reduction CSDR implication of the trades trade failure.

Team Lead

J P MORGAN Chase & Co, Bengaluru
01.2021 - 01.2023
  • CSDR settlement to measure the settlement fails by improving matching & settlement rates
  • CSDR to address cash penalties & mandatory buy-ins
  • Ensure smooth implementation of T+2 Settlement and any regulatory changes as and when required according to schedule and cut off time
  • Experience with International & Cross border Settlement
  • Settled trades accurately & in a timely manner
  • Completion & Amendments applied on the trade via SOLAR, Cosmic & VET application
  • Worked on Close Matching Engine Project to get the mismatch update accurately on trades

Senior Team Member

J P MORGAN Chase & Co, Bengaluru
01.2019 - 01.2021
  • Settling Lending transactions (DBV) & ensure the collateral positions are reflected appropriately on the client's account
  • Processing the trades via COSMIC, VET application & ensure the trade steps in to the market
  • Releasing the trades from swift bus application
  • Trade amendments requested by clients via Fax, OTM etc
  • Updating the fail codes via CSW application on all type of custody trades

Team Member

J P MORGAN Chase & Co, Bengaluru
06.2016 - 01.2019
  • To operate efficiently throughout the business day, seeking to match and settle transactions
  • Communicated effectively with various teams to resolve prior day trade breaks
  • To setup and maintain securities information, Client's SSI's, Broker SSI's and their contacts
  • Communicate with Crest (Depository for UK and Ireland), EMEA agents (markets) & Euroclear on the issues relating to settlements
  • Liaise with brokers and resolve any discrepancy in alert to ensure timely settlement of trades
  • Analyzing & investigating settlement discrepancies in summit & resolving of settlement issues in collaboration with client contact

Education

B. Com - Finance, Accounting & Statistics

Bangalore University - India
05.2013 - 06.2016

Skills

  • Fails Management and Broker Facing
  • Deliver by Value (DBV) Lending & collateral management
  • Swift messages
  • Settlement processing
  • Transaction matching
  • Regulatory compliance
  • Trade reconciliation

Personal Information

  • Father's Name: Mr. Basavarajapaa M
  • Mother's Name: Mrs. Bhagya
  • Date of Birth: January 1995
  • Marital Status: Married

Projects And Accomplishments

  • Participated in process improvement to streamline workflows.
  • Project on system up gradation and fail code mapping for real time status update on Project on SSI set-up to ensure trades stepping to market with correct data reducing manual intervention and delay in settlement.
  • Project on Close Matching Engine tool.
  • I was a part of access fintech project with various Brokers, to reduce the workload and fails rates
  • Worked on conversion process for Norway and Sweden markets.
  • I was part of agent cos remediation project.

Transition

  • Being a persistent performer of the team, got an opportunity to work & get trained EMEA market from Manila.
  • Worked on GC Direct (Global Custody) project for Denmark market, part of system testing trades flow and performed as key person for the project.
  • Worked in onboarding Georgia market to JP Morgan to provide the custody services to various clients.
  • Worked on migrating a process from Mumbai to Bangalore for various markets.

Timeline

Associate

J P MORGAN Chase & Co
01.2023 - Current

Team Lead

J P MORGAN Chase & Co, Bengaluru
01.2021 - 01.2023

Senior Team Member

J P MORGAN Chase & Co, Bengaluru
01.2019 - 01.2021

Team Member

J P MORGAN Chase & Co, Bengaluru
06.2016 - 01.2019

B. Com - Finance, Accounting & Statistics

Bangalore University - India
05.2013 - 06.2016
RAKSHITHA H BAssociate