Sasidha S N

Assistant Manager (May 2020 to Dec 2022)

Process: Liquidity Management Services

• Responsible for the managing the Liquidity operations team - Time Deposit for APAC countries like Malaysia, Singapore, Hong Kong, Vietnam, Philippines, Thailand, Sri Lanka, India
• Managing the Overdraft monitoring of Citi accounts and escalating to the countries
• Managing the Citi Global accounts - Sweep structures like Target balancing and notional Pooling in Global Concentration Engine platform
• Managing in building a team to work on a sun model platform to enable the process is handled by all the hubs with proper handovers from APAC to EMEA to TAMPA hub
• Managed the migration on Xceptor automation process for APAC countries to automate the daily task to reduce the manual work and data integrity
• Managed migration of Citi client accounts to onboard Citibank Online Investment Platform, streamlining deposit processes and reducing manual intervention
• Led sustainable deposit process migration for Singapore and Hong Kong
• Managed in automation of client tax certificate generation for Time deposit process
• Managing monthly data collection across APAC countries for MIS reporting, process standardization, MCA analysis, Error reporting
• Handled India deposit process migration from TCS to Citicorp India
• Manage risk, evaluate area of concern, take corrective measures/actions and collaborate with Risk/ORC teams to implement risk mitigation strategies
• Successor planning, one – one’s, Mid-year & Annual appraisals, defining objectives, Development plans, feedback and Performance management for reporting members.

Process: Global Tax Management

• Review Service center request for the reversal of Federal, State, NRA withholding
• Reconcile any discrepancy between liability and customer accounts on a daily basis to ensure correct amount is been remitted to IRS
• Managing the team and prepare the Monthly production sheet for preparation of scorecard to the management.

Process: Corporate Actions – Dividend Processing

• Responsible for allocation of dividend tax for the Pershing Clients based on their country of residency
• Responsible for extracting the upcoming dividend and interest payments from GSS DataMart and DTC website for the research on daily basis
• Reconcile the dividend payment in foreign currencies between Pershing account and client accounts
• Responsible for training the new joiners to the team and conduct cross trainings.

Process: Global Cash Operations

• Reconciliation of Trade, Income, cap-stock, miscellaneous & Expense activities for the State Street custody owned Institutional Funds and Custodian banks (External vendor – State Street)
• Responsible for reviewing of all the exceptions and following with the respective teams for timely resolution
• Responsible for conducting cross training sessions part of knowledge sharing and Trained 25 members during the initial transition of the Pilot batch and responsible for training all the new joiners
• Responsible for daily work allocation and prepare reports required for the management
• Responsible for conducting monthly meetings.

Process: Accounting and Pricing Operations – IA Cash Reconciliation

Accounting and Pricing Operations – Cash Management Operations

• Reconciliation of Trade, Income & Expense activities for the Fidelity owned Institutional Funds between Fidelity Investments & Custodian banks
• To research the various kinds of cash breaks and ensures to resolve those items in timely manner
• Working on Cap stock activity on a monthly basis
• Responsible to make sure that the prior day’s bank projection are blottered accurate in order to confirm the cash available to spend by the portfolio managers.