Sivagami S

Subject Matter Expert:

• Raising and escalating with Middle Office and Front Office on trade level discrepancies and solving them on timely manner ensuring good value settlements.
• Efficiently processed manual swifts MT103, MT202, MT210, MT292, MT299, MT599, MT540 - 543, whenever necessary.
• Inventory and Treasury Management: To forecast the cash and stock required for effective settlement of trades for the respective market/currency.
• Handling claims received from counterparts effectively and assign those to right department.
• Identified the root cause of sending manual swifts to agent; fixed it which made the trades go STP; leading to cost saving for the bank.
• Increased settlement efficiency post migration to 91%.

Assistant Manager:

• Lead the migration of FI Complex settlements from Paris to Bangalore successfully.
• Acting as Point of contact to remediate issues raised by Trading Desk, Salesperson, Middle office, Treasury team, custodian, external counter parties, onshore and Management team.
• Handling exceptions related to payments and reconciliation breaks.
• To monitor reconciliation reports to ensure timely investigation and clearance of outstanding items.
• Analyzing client pattern and fixing the static to increase STP rate; forecasting new market behavior and reporting/liaising with custodian to resolve it.
• To provide subject matter expertise, clarify queries, conduct training sessions, and facilitate knowledge transfer.

• Identifying and resolving Settlement discrepancies between counterparts and ensure smooth settlements
• Suggesting and agreeing partial settlement which will reduce the exposure on non settlements.
• Handled post settlement reconciliation on clearing depot and cash breaks.
• To perform trade investigation for failed trades and liaise with counterparty to resolve issues or effect action.
• To maintain accurate and up to date records of all cash transactions.
• To engage and build relationships with onshore counterparts.
• Successfully identified potential gaps in the process/procedures/systems; suggest and deliver adequate control measures for the same.

• Identified and applied process improvement ideas for the workflow which lead to time save for the processors and cost save for the bank.
• Handled end to end Equity settlements; ensuring all trade economies are checked; discrepancies are highlighted and fixed for timely settlement.
• To ensure cash availability for trade settlement and generate accounting once the market closes.
• Maintained exceptional client service standard and built strong relationship with client, front office, middle office.
• Coordinating with Support team, Custodian and Static data team on discrepancies between Source system and Back Office application.

• To ensure counterparty's static data is set up in the internal systems and performing quality checks on the same.
• To ensure standard settlement instructions and fund settlement instructions (which contain Bank details) are set up in trading systems to facilitate an easy settlement to the customers on value date.
• To establish trading code for the clients who are involved in trading with the Bank, after KYC for clients.
• To set up securities static data in Back Office systems and managing their exceptions.