Snehal Tembhekar

· Part of Data management control team and also handled Suspense and Nostro reconciliation Process

. Prepared & reviewed daily/weekly/quarterly reports flagging data quality issues (from millions of records) for accuracy, completeness & reconciled transactions.

· Evaluate business problems, establish controls and effectively communicate solutions with stakeholders globally and ensure remediation within agreed deadline.

· Enable business users to make informed decisions by validating various trade details and reference data attributes and reporting the exceptions.

· Responsible for updating the key data attributes required for US regulatory reporting.

· Prepared the monthly Nostro reconciliation and responsible for accurate investigation, validation and resolution of outstanding material breaks.

· Performed the monthly reclassification and regross activity accurately.

· Responsible for clearing the monthly balances of suspense and control accounts by liaising with the respective team.

● Part of oversight &control team and handling Nostro and Depot reconciliation.
● Performing daily DTC Nostro/Depot, NSCC,Asset servicing and internal cash control accounts reconciliation for equity and fixed Income product on all outstanding unmatched items flowing in intellimatch by identifying and publishing breaks.
● Being involved in reconciliation we need to ensure correct statement/Ledger balancing for all the nostro accounts.
● Identifying incorrect ledger posted by the users via CAMS/Clearance and reports them to concerned department for the break resolution.
● Liaise with bank in case of incorrect statements or further details on the statements.
● Accountable for sending the break report and/or recon spread sheet for regulatory requirement and Audit purpose.
● Responsible for matching the CS ledger balancing and custodian’s statement without any discrepancies.
● Contacting and assisting break owners to get the resolution on the break (Cash & Stock).
● Ensure to assigned the breaks to appropriate departments at first place.
● Effectively manage numerous department inquires and ensure that requests are completed in an effective and timely manner.
● Hands on experience on analyzing data, identifying root cause for all issues and managed reconciliation tools.
● Mitigating risk to the firm by ensuring that SLA are met daily.
● Immense ability to multitask and prioritize work.
● Discussing the aged breaks on weekly calls with on –shore team.
● Designated as the SME of the process, also providing training to new joiners in the team.

● Working in Data Augmentation Process under Performance and Compliance Vertical where we are responsible for data augmentation of all types of securities as per the requirements of compliance regulations for the funds.
● Uploading and monitoring the Fund index data & managing the benchmark for compliance regulations for number of portfolios.
● Supporting the compliance reporting of range of portfolios.
● Clearing all types of exceptions.
● Maintaining the securities attributes.
● This role is mainly of Analysis & performance measurement of the portfolio which helps investment managers to take further investment decisions.
● Analyzing corporate action of securities.
● Grab the Returns from various sources and load it into the system and audit the reports, it includes usage of terminals like Bloomberg, FTPs JPM, S&P etc.
● Use various performance measurement tools to analyze the performance of an investment made by Investment managers.
● Troubles shooting for any issues and fix them permanently and solving team queries.
● Communication with the clients for process related queries.
● Ensuring continuous interaction with the customer to make sure that area of concern can be worked upon for improved service levels.