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

RAKSHITHA H B

Bangalore

Summary

PROFESSIONAL SUMMARY

Process Manager with 9.5 years of total experience in crest, Euroclear and EMEA markets Settlement, reconciliation, settlement of DBV’s, pre and post settlement queries, resolving Cash and Stock Breaks, Preparing metrics for reporting. Have interviewed candidates for open positions. Looking to leverage my knowledge and experience into a role as Manager.

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

SKILLS:

Problem Solving

Adaptability Collaboration

Strong Work Ethic

Critical Thinking

Handling Pressure

Leadership

Communication

Transition

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 on boarding 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

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.

Personal Information

PERSONAL INFORMATION:

Date of Birth: January 1995

Nationality: Indian

Languages Known: English, Kannada and Hindi

Marital Status: Married

AWARDS RECEIVED

AWARDS RECEIVED:

“Star Performer of the Quarter“

“Process all Rounder “

“Best SME of the team “

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