SMIRUTHI NR

Professional Summary: Experienced in managing Equities, Back office, Nostro Clearing, Swifts, Reconciliation of pre/post settlement, International Money
Management system (IMMS), Global Securities Processing (GSP), Depository Trust & Clearing Corporation
(DTCC), Trade Life Cycle Management (TLM), Fx dealing (Fx pricing to Fx deal), Client
Servicing.

Key Responsibilities:

• Investigate discrepancies in DTCC securities concerning cash and position exceptions.
  Collaborate with internal teams, brokers, client service agencies, and fund accountants to resolve these discrepancies.
  
• Support and execute mandatory and voluntary corporate actions, ensuring correct custody processes are followed.
  
• Handle and support the processing and allocation of dividends payments.
  
• Address and resolve basic client inquiries and requests effectively.
  
• Assist in reconciling client holdings against agent holdings specifically for corporate action transaction income.
  
• Maintain thorough documentation and recordkeeping for all relevant event files.
  
• Manage and reconcile US market equity securities, both pre and post-pay date.
  

Technical Skills:

• Strong analytical skills and ability to manage multiple tasks in a fast-paced environment.
• Trade Life Management (TLM): Skilled in managing and overseeing the lifecycle of trades, from execution to settlement.
• Global Security Processing (GSP): Experienced in processing global securities transactions and handling related tasks.
• DTCC: Familiar with the Depository Trust & Clearing Corporation’s systems, essential for clearing and settlement.
• FX Pricing and Deals: Knowledgeable about FX pricing mechanisms and executing FX deals.
• FX Transaction Software: Fluent in using FX transaction software like MODIS for managing and processing FX transactions.

Responsibilities:

• Initial Reconciliation: Custody Data Review: Regularly review settlement details from the custody team, including trade confirmations, settlement instructions, and security holdings.
  Accounting Data Review: Compare these details with accounting records, focusing on trades, positions, and cash flows.
  Reconciliation Tools: Utilize company internal reconciliation tools to match the both accounting and custody record
• Settlement Confirmation: Trade Matching: Ensure that trades recorded in the custody system match the trade details in accounting records, including trade date, settlement date, and
  Position Verification: Check that security positions held in custody match the positions recorded in the accounting system.
  
• Internal Team Collaboration: Work with internal teams such as the Cash team, Lending team, and Market Claims team to address and resolve past due income breaks.
  
• Investigation and Settlement: Investigate accounting and custody details to settle overdue interest and dividend payments.
  Clear pending breaks from accounting records to ensure accuracy.
  
• Reporting and Escalation: Properly escalate unresolved breaks and prepare weekly reports for the governance team to keep them informed.
  
• Data Accuracy and Verification: Conduct 4-eye checks to ensure the accuracy and completeness of financial data.
  Use macros to extract details of pending past due breaks and share these files with the team for further action.
  
• Mentoring and Team Development: Mentor junior analysts, guiding their professional growth and improving overall team performance.
  
• Process Improvement: Enhance team productivity by streamlining workflow processes and implementing time-saving strategies.
  Collaborate with cross-functional teams to identify and address areas for improvement, leading to increased operational effectiveness.
  

Technical Skills

• DTCC: Corporate Actions Data: Monitor and process announcements of corporate actions (e.g., dividends, stock splits, mergers) using DTCC’s corporate actions services.
  Record Integration: Ensure that the details of these announcements are accurately integrated into accounting records. Use DTCC’s tools to update records and reflect changes.
  
• Euroclear: Custody Services: Receive and process corporate action announcements through Euroclear. Ensure that all related transactions are captured accurately in the system.
  Account Updates: Update internal accounting records to reflect changes from corporate actions, such as adjustments to security holdings and income entries.

Employ Excel and macros for custom reporting and detailed data analysis where needed.

• Market Information: Use Bloomberg to obtain information on defaulted securities and any related market news.
• Valuation Adjustments: Update the valuation of defaulted securities in accounting records based on Bloomberg’s data