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

RAKSHITHA H B

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

Work History

Associate

J P MORGAN Chase & Co
Bengaluru
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 trade’s trade failure.
  • Proactive observation of key risk indicators and the alert created by the clients and client facing team.
  • Reviewing the actions and updates performed by the Client facing Team (Front office) on the critical business matters
  • Monitoring and investigating on the client cases and activities and ensure quality delivery of services within the SLA.
  • Proactive participation in in new projects and analysing the risk involvement and solve the problems independently.
  • Co-ordinating with Front office and back office for the various business requirements and deliver the quality services to stake holders.
  • Work on data issues like missing data in internal system, data quantity issue and conflicts between internal books and agent raised by the end users. Co-ordinating with appropriate team like tech team and other internal team for the remediation.

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
  • Performing the modification of data models and regulatory requirements and report to reflect in new business.
  • Worked on Close Matching Engine Project to get the mismatch update accurately on trades
  • Identifying the opportunity for improving the data quality and reduce the queries internally
  • Performing the internal system testing in requirement to adopting a new controls in daily and BAU system enhancement.
  • Facilitating the services to client facing team (Front office) in requirement of additional data for the investigation of alert.
  • Providing necessary support to the Client facing team (front office) and various stake holders.
  • Regular performance of BAU and support Client facing Team (Front Office) and various stake holders.

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

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
Bangalore, India
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

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.

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.
  • TRANSITION Worked on conversion process for Norway and Sweden markets.
  • I was part of agent cost remediation project.

Personal Information

  • Father's Name: Mr. Basavarajapaa M
  • Mother's Name: Mrs. Bhagya
  • Date of Birth: 01/01/95
  • Marital Status: Married

Timeline

Associate

J P MORGAN Chase & Co
01.2023 - Current

Team Lead

J P MORGAN Chase & Co
01.2021 - 01.2023

Senior Team Member

J P MORGAN Chase & Co
01.2019 - 01.2021

Team Member

J P MORGAN Chase & Co
06.2016 - 01.2019

B. Com - Finance, Accounting & Statistics

Bangalore University
RAKSHITHA H B