Saidulu Shaik.

Senior Analyst

State Street HCL Services

09.2022 - Current

Having 16months of professional experience on Reconciliations in Alternative investment services
Identified and resolved problems through root cause analysis and research.
- Worked extensively with Market/Underwriters, Client Service groups, and Bankers to facilitate loan setup, processing drawdowns, rollovers, repayments, pre-payments, funding, rate-fixings, fees, interest collection, and Nostro & Past Due Reconciliation.
Utilized multiple loan platforms and credit applications for efficient transaction processing.
Conducted process analysis and value stream mapping to identify and eliminate redundant steps, improving operational efficiency.
Ensured strict adherence to SLAs (Service Level Agreements) in terms of both quantity and quality, promptly escalating exceptions for resolution.
Achieved high levels of accuracy to prevent financial losses and minimize risk events.
Maintained compliance with all controls and promptly escalating risk items when necessary.
Assisted in internal and external audits, ensuring full compliance with audit and regulatory requirements.
Fostered strong engagement with Lenders, Credit Executives/Underwriters, Client Service Executives, and Bankers.
Proactively escalated issues to senior management when appropriate.
Consistently maintained 100% client satisfaction, as evidenced by iSurvey scores.
Working in Hedge Funds Reconciliation for various instruments traded by client
Conducted daily, weekly, and monthly reconciliation of client portfolios, ensuring accuracy in trade, position, and cash balances.
Proficient in reconciling a wide range of financial instruments, including equities, fixed income, derivatives, and alternative investments.
Collaborated with trading desks and counterparties to resolve trade and settlement discrepancies promptly.
Implemented automated reconciliation processes, reducing manual errors and improving efficiency.
Developed and maintained strong working relationships with clients, providing timely and accurate reports on portfolio reconciliation.
Analyzed and identified discrepancies in trade confirmations, valuation, and corporate actions, taking corrective actions as necessary.
Utilized reconciliation software and tools to streamline processes and improve data accuracy.
Worked closely with internal audit and compliance teams to ensure adherence to industry regulations and best practices.