SARAVANARAJ B
Chennai
Summary
Results-driven Transfer Agency and Custody Operations professional with 7+ years of experience supporting global asset management and custody functions at BNY. Proven track record in executing high-quality trade processing and enhancing operational integrity. Skilled in exception resolution and stakeholder management, consistently delivering timely solutions and maintaining compliance with regulatory standards.
Overview
8
8
years of professional experience
Work History
Analyst - Transfer Agency Operations
BANK OF NEW YORK
Chennai
11.2022 - Current
- Execute end-to-end processing of Transfer Agency trades including subscriptions, redemptions, switches, and transfers with 100% quality and SLA adherence.
- Act as trade verifier, authenticating transactions processed by team members to ensure procedural and regulatory compliance.
- Review and authorize daily transaction reports and reconciliations, identifying and resolving discrepancies and exceptions.
- Prepared and distributed daily operational MIS detailing trade status, reconciliations, cash movements, contract notes, and predictive dashboards for informed decision-making.
- Proactively manage client and onshore escalations, partnering with global stakeholders for timely resolution.
- Analyze failed and exception trades, preparing root cause analysis and reports for senior management.
- Maintained, reviewed, and enhanced Standard Operating Procedures (SOPs) to ensure process consistency and compliance with regulatory standards.
Operational Executive - Custody Operations
BANK OF NEW YORK
Chennai
07.2018 - 10.2020
- Executed client and investment manager instructions for securities and cash movements, ensuring timely and accurate transactions.
- Supported trade capture, matching, and settlement for equities, fixed income, and money market instruments.
- Facilitated comprehensive SWIFT messaging including MT540-543, MT202, MT210, MT304, and MT599 to streamline communication and processing.
- Prepared daily, monthly, quarterly, and annual reconciliations for fund accountants and external clients.
- Ensured compliance with market deadlines, operational checklists, and internal quality controls.
- Trained and mentored new joiners, enhancing team capability and supporting error analysis and corrective action initiatives to improve operational integrity.
Education
MBA - Financial Management
Madras University
04-2016
Bachelor of Commerce (BCom) - General
Jaya College of Arts & Science
03-2014
Skills
- Agency operations management
- Custody operations
- Trade and FX processing
- Subscriptions and redemptions
- Switches and transfers
- Cash settlements
- Security pricing
- SWIFT messaging (MT540-MT599)
- AML and KYC compliance
- End-of-day controls
- SOP documentation
- Audit support
- Stakeholder management
- SLA and KPI management
Language proficiency:
English, Tamil, Telugu
Tools and systems:
Rufus, Custody Management System (CMS), Babel, Clearing Depository Services (CDS)
Personal Information
Senior Operational Specialist - Transfer Agency & Custody Operations
Languages
- English
- Tamil
- Telugu
Achievements And Recognition
- WOW Award - BNY for exceptional contribution during high-volume processing.
- Multiple onshore appreciations for quality, ownership, and reliability.
- Recognized as Overall Performer and identified as potential processor and verifier.
Certifications And Analytics Skills
- Advanced Excel Certification, ExcelR Institute, Hyderabad, Advanced formulas, pivot tables, dashboards, data validation, automation basics
- Power BI, Moderate, Data modeling, interactive dashboards, business reporting
Tools And Systems
- Rufus
- Custody Management System (CMS)
- Babel
- Clearing Depository Services (CDS)
Timeline
Analyst - Transfer Agency Operations
BANK OF NEW YORK
11.2022 - Current
Operational Executive - Custody Operations
BANK OF NEW YORK
07.2018 - 10.2020
MBA - Financial Management
Madras University
Bachelor of Commerce (BCom) - General
Jaya College of Arts & Science