Summary
Overview
Work History
Education
Skills
Certification
Accomplishments
Projects
Hobbies and Interests
Languages
Disclaimer
Timeline
Generic

Sai Durga Pullagura

Hyderbad

Summary

Financial Associate with over 5 years of expertise in Nostro and depot reconciliation. Demonstrated ability to deliver high-quality work through strong organizational skills and adaptability. Committed to achieving goals and enhancing operational efficiency. Seeking opportunities to leverage skills and business studies background in a reputable organization.

Overview

4
4
years of professional experience
1
1
Certification

Work History

Associate

BNY MELLON
Pune
02.2022 - Current
  • Reconciled cash, position, and unit transactions between facts and custody.
  • Applications Used: TLM, MMST, GSP, IMMS.
  • Worked on different products, such as equities, corporate actions, fixed income, derivatives, and cash.
  • Responsible for monitoring daily transaction flow into TLM and sending allocations accordingly.
  • Responsible for reviewing the overdraft processing for both Unit Investment Trust (UIT) and Exchange-Traded Fund (ETF) on a daily basis.
  • Responsible for reviewing the exceptions processed by the team and highlighting the errors, if any.
  • Responsible for clearing the exceptions from reconciliation before they get high aging.
  • Responsible for coordinating with the team to meet daily BAU.
  • Responsible for maintaining the daily process checklist and error logs.
  • Responsible for updating the team with all new updates from Onsure.
  • Coordinated with the onshore and fund accounting teams to mitigate aged exceptions.
  • I followed all guidelines to review exceptions.
  • Responsible for cross-training new joiners and making them comfortable in the team.
  • Working on a daily deadline basis with quality targets, i.e. KPIs, compliance, and actively participating in completing monthly activity (OPTION and NIB).
  • Responsible for escalating all aged exceptions with fund accounting and the sponsor to get recent updates.
  • Evaluate and analyze historical trends to make strategic and tactical operation plans to improve performance.
  • Responsible for attending client calls, explaining the current status of the aged exceptions, and getting them resolved.
  • Actively participated in the TLM migration program and played a vital role in highlighting challenges and getting them fixed before they were onboarded.

Senior Financial Analyst

State Street HCL
Chennai
01.2022 - 12.2022
  • Reconciled the cash and position transactions captured between the investment banker and custodian.
  • Validated STIF and its reversal transactions to ensure smooth transitioning of feeds into TLM.
  • Worked on various products like fixed incomes, FX, common stock, bank loans (CLO), derivatives like swaps, forwards, futures, and options, and corporate actions like call, merger, split, etc.
  • Coordinated with different middle office teams to timely resolve high-aging outstanding exceptions.
  • Worked with various custodian reports, like BNY Mellon, CITI, HSBC, and KAS Bank, etc., to know accurate information regarding an exception.
  • Played a vital role in process improvement.
  • Followed all client instructions and guidelines to code exceptions in PLM.
  • Worked on all unlinked exceptions flown into TLM and linked with their original IDs.
  • Responsible for the preparation of daily, weekly, and monthly reporting metrics, checklists, and audit packs on a daily basis.
  • Maintained healthy relationships with all internal and external teams.
  • Reported twice a day to on-site and client.
  • Responsible for the timely completion of BAU.
  • AREAS OF KNOWLEDGE AND APPLICATIONS USED: Cash and position reconciliation, TLM (Transaction Life Cycle Management), PLM (Post Life Cycle Management), RKS (Record Keeping System), MYSS (My State Street), MCH (Multi Currency Horizon).

Financial Process Enablement Associate

Accenture
Chennai
01.2021 - 12.2021
  • Process global security transactions on the global trade processing platforms within given deadlines.
  • Interact with the clients, brokers, and custodians in Asia, Europe, the US, and the Australian region during the trade life cycle, and ensure trades settle as per the settlement cycle on the value date and within market deadlines.
  • Participate and help management in the audit and projects.
  • Liaising between the client's front office, middle office, back office operations, and custodians globally for smooth processing (confirmation, affirmation, investigations, amendments, and failed trade resolutions) of trades.
  • Working on a priority model by giving importance to sensitive clients, APAC currencies, high nominal trades, etc.
  • Looking out for possible pair-offs in order to mitigate the risks of trade failure due to a shortage of cash or securities.
  • Dealing with bilateral trades in order to avoid the financial breaks in the system.
  • Act upon intercompany trade matching, which is backed by client trades, to cover the positions.
  • Timely investigation of any accounting issues relating to ledger and statement discrepancies to ensure accurate bookkeeping records in the client's position.
  • Prepare, analyze, and visualize the reports (analytical data, bilateral cancellation report, rejects report) for sending to the client and across the team as per the requirements.
  • Netting activities for the trades booked between DTC and ICSD's.
  • Manual placement of trades in the market, in case of any technical issues.
  • Areas of knowledge and applications used: securities matching and settlement process across global markets. Applications used: FISS, GLOSS, ALERT, Custodian applications (Creation Online, Easy Way, CREST).

Education

MBA - Finance

Sai Tirumala NVR Engineering College
Narasaraopet
01.2021

B.Com - Computers

Srikrishna Chaitanya Degree College
Narasaraopet

MEC -

AMG Junior College
Chilakaluripet

SSC -

St.Anns Girl's High School
Ravipadu

Skills

  • Advanced Microsoft Excel
  • Cash and stock reconciliation
  • Trade settlements
  • GSP, Nexen, and TLM
  • Fixed income securities
  • Equities management
  • Corporate actions processing
  • Derivatives trading
  • Analytical and investigation skills
  • Capital markets expertise

Certification

Completed Securities Operations and Risk Management (Series VII) conducted by the National Institute of Securities Market

Accomplishments

  • Awarded as best performer for outstanding contribution toward the process in SSHCL
  • Received appreciation emails from clients and oversight
  • Awarded as Best Hiring 2022 at BNY
  • Awarded as a WOW performer

Projects

Initial Public Offering, An initial public offering (IPO) refers to the process of offering shares of a private corporation to the public in a new stock issuance. Companies must meet requirements by exchanges and the Securities and Exchange Commission (SEC) to hold an IPO. IPOs provide companies with an opportunity to obtain capital by offering shares through the primary market. Companies hire investment banks to market, gauge demand, set the IPO price and date, and more. An IPO can be seen as an exit strategy for the company's founders and early investors, realizing the full profit from their private investment.

Hobbies and Interests

  • Traveling
  • Cooking
  • Drawing

Languages

  • English
  • Tamil
  • Telugu

Disclaimer

I do hereby declare that the details furnished above are accurate to the best of my familiarity and confidence.

Timeline

Associate

BNY MELLON
02.2022 - Current

Senior Financial Analyst

State Street HCL
01.2022 - 12.2022

Financial Process Enablement Associate

Accenture
01.2021 - 12.2021

MBA - Finance

Sai Tirumala NVR Engineering College

B.Com - Computers

Srikrishna Chaitanya Degree College

MEC -

AMG Junior College

SSC -

St.Anns Girl's High School

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Sai Durga Pullagura