Sathiesh Kumar A.
B3 A A Soundarajan Street, Agaramthen, Chennai
Summary
Results-driven Senior Analyst with extensive experience at BNY International Operations, excelling in trade matching and accrual reconciliation. Proven ability to enhance client communication and mitigate risks, leading to timely resolutions. Recognized for effectively managing complex operational challenges and delivering high-quality outcomes in fast-paced environments.
Overview
8
8
years of professional experience
Work History
Senior Analyst, Middle Office Operations
BNY International Operations Pvt
04.2023 - Current
- Performed daily position breaks and accrual reconciliation between loan accounting and loan administration platforms, ensuring accuracy and compliance.
- Conducted weekly reviews with clients to address position and cash breaks, providing actionable insights and solutions.
- Reconciled cash entries using TLM and resolved discrepancies by posting adjustments in the accounting platform.
- Liaised with agent banks and custodians to address non-receipt of funds, ensuring timely follow-ups and issue resolution.
- Conducted month-end reconciliation with agents on current positions, maintaining precise financial records.
- Managed and resolved client escalations promptly, delivering effective solutions to maintain client satisfaction.
- Updated and maintained visual management dashboards for senior management reviews, ensuring clear and concise reporting.
Senior Process Associate
Accenture solutions Pvt Ltd.
03.2020 - 01.2023
- Performed Repo and Reverse Repo pre-matching, settlement, and confirmation to ensure seamless trade processing.
- Processed fixed-income pre-matching across domestic and international markets, managing transactions in multiple global regions.
- Conducted pre-matching and matching of trades for VD-1, VD, and VD fails, mitigating risk and resolving matching failures effectively.
- Collaborated with middle office, traders, and sales teams to escalate and resolve trade discrepancies, coordinating with the static team to set up SSIs for straight-through processing.
- Managed trade amendments per counterparty requests, maintaining prompt and clear communication to ensure accurate setups.
- Addressed client queries proactively to prevent escalations, paying close attention to high-value trades for accurate matching.
- Verified SSIs with counterparties and custodians via calls, ensuring proper SWIFT formats and successful trade matching.
Senior Analyst
State Street HCL Services.
12.2016 - 01.2020
- Adhered to defined core processes, ensuring compliance and operational efficiency.
- Processed Fixed Income Securities and Equities across diverse markets, including Korea, Singapore, Hong Kong, Malaysia, Taiwan, New Zealand, Thailand, Japan, and AUD regions.
- Calculated counterparty collateral values based on trader instructions to facilitate accurate booking of new loans.
- Coordinated same-day loan releases, liaised with agents and counterparties for settlements, and resolved settlement issues proactively.
- Managed trade returns and recalls per trader instructions, ensuring buy-in sell coverage and smooth transactions.
- Provided guidance to traders, middle office, and counterparties on settlement-related issues and statuses, fostering seamless communication.
- Collaborated with front office, middle office, counterparties, and operational teams to resolve operational challenges effectively.
- Oversaw short sells by initiating reallocations and recalls for APAC markets to address trading requirements.
- Issued recalls, booked returns, and ensured same-day settlements to secure client safekeeping and mitigate buy-in risks, escalating unconfirmed recalls to the trading desk.
- Maintained follow-ups with brokers for confirmations and ISO settlements to ensure trade accuracy.
- Partnered closely with traders to monitor sell statuses, addressing and preventing sell failures proactively.
- Processed equities for multiple APAC markets, assisting front office and middle office teams with loan and return settlements.
- Verified counterparty collateral before releasing new loans across various markets.
- Investigated error trades to identify issues and assisted in equities delivery, ensuring resolution of discrepancies.
- Pursued failing trade investigations with counterparties to ensure prompt settlement, reconciling recalls and sales efficiently.
- Handled reallocation of shares to cover sales and engaged with counterparties to procure equities for recall trades.
- Escalated failing and short-recall issues to the appropriate desk for resolution.
- Ensured timely settlement of RECALL trades and the release of Loan trades into the market before EOD deadlines.
- Prepared and presented weekly KPI deck reports, discussing volumes and team performance with the onshore team.
Education
MBA - HR & FIN
Xavier Institute of Business Administration
Tirunelveli01.2016
BBA -
St. Xavier’s College From Mano College
Tirunelveli01.2013
HSC -
St.John’s Hr. Sec. School
Tirunelveli01.2010
SSLC -
St.John’s Hr. Sec. School
Tirunelveli01.2008
Skills
- Trade matching
- Accrual reconciliation
- Client communication
- Risk assessment
- Inventory management
- Collaboration and Teamwork
Personal Information
- Father's Name: A.N.Anatha selvakumaran
- Mother's Name: Jamuna Rani .J
- Date of Birth: 06/06/91
- Nationality: Indian
- Marital Status: Married
Languages
Tamil
First Language
English
Intermediate (B1)
B1
Timeline
Senior Analyst, Middle Office Operations
BNY International Operations Pvt
04.2023 - Current
Senior Process Associate
Accenture solutions Pvt Ltd.
03.2020 - 01.2023
Senior Analyst
State Street HCL Services.
12.2016 - 01.2020
MBA - HR & FIN
Xavier Institute of Business Administration
BBA -
St. Xavier’s College From Mano College
HSC -
St.John’s Hr. Sec. School
SSLC -
St.John’s Hr. Sec. School
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