Sagar Arun Shah

Process Name: Italy (Milan Events)

• Income Control: Perform daily audits of dividends and coupons bookings to prevent duplicates, omissions, and ensure accurate detachments.
• Execute daily control checks for MBS, full calls, and final maturity, validating internal records against custody and external data providers.
• Cash Settlement & Reconciliation: Reconcile dividend/coupon cash against custody records, investigating discrepancies in gross amounts, withholding tax and unit positions.
• Break Management: Track pending cash settlement breaks daily, maintaining comprehensive aged-break reports with detailed status updates.
• Fixed Income Oversight: Conduct price drop check for "Dirty Bonds" prior to 7 days of detachment.
• Specialized Markets: Manage quarterly JPY dividend detachments.
• Corporate Action Lifecycle: Manage -to-end Mandatory and Voluntary Corporate Actions from initial announcement to final booking.
• All the Corporate action events will be cross checked with at least 3 info providers along with custody reports to ensure no financial impact.
• Operational Control: Execute daily audits of event notifications and elections to ensure timely processing and mitigate financial risk.
• Technical Proficiency: Advanced hands-on experience using Bloomberg, Telekurs, IDS, and Reuters for data validation and market research.

Automation Achievement:

• Process Automation (Greens Project): Automated cash settlement workflows for dividends and coupons by implementing auto-matching logic between detachment and custody data, eliminating manual inputs for all zero-variance trades. - BNP Paribas Dec’2025.

• Booking of Missing Trade Transaction & Dividends.
• Reconciling to identify the reason for discrepancies between Investment statement and Trading application balance.
• Perform the cash & unit reconciliation and to clear the outstanding break.

• Booking of trade transactions which includes Equities, Bonds, Future Option.
• Booking Repo’s, Deposit and Loans.
• Verify dividend and coupon detachment, ensure no duplicate or missed to accounted in the fund.
• Perform the cash and stock reconciliation to clear the outstanding break.

I) Client Name: Citi Bank (US)– Global Recon Utility-09th April 2014 to 25th April 2015

II) Client Name Morgan Stanley (US)- Reconciliation- 26th April 2015 -07 April 2018

Project Description: Offshore GRU Proof and reconciliation team is responsible for reconciling the Citibank books for both Cash & Position.

Cash Reconciliation:

Ø In Cash reconciliation we reconcile the Citi internal books (TGL Vs SL) for all the Tampa Concentration accounts and post manual reconciliation breaks will be investigated and allocated to respective account owners for resolution.

Ø Trade Operations & Control:Manage end-to-end P&S, Illogical, and Safekeeping processes within the Clearing & Settlements Risk and Control team.

Position Reconciliation:

➢ Team performs the Position and transaction level reconciliation between ASTRA/Mainstream and

➢ the depositories (DTCC) Valid transactions will be manually investigated and allocated to the departments for the resolution and invalid transactions will be manually matched off from the system.

Platform Used: Recon Frontier, Mainframe Systems. Intellimatch, Ondemand32, Swift message MT566, 940,950