Srinivas Pottabathini
AVP - Asset Servicing And Loan Syndications
Navi Mumbai
Summary
Possesses versatile skills in project management, problem-solving, and collaboration. Brings fresh perspective and strong commitment to quality and success. Recognized for adaptability and Detail-oriented individual with exceptional communication and project management skills. Recognized for taking proactive approach to identifying and addressing issues, with focus on optimizing processes and supporting team objectives.
Overview
15
15
years of professional experience
Work History
Assistant Vice President, Operations
KKR
07.2023 - Current
- Leading a team of 5 to manage capital markets business within firm including broker dealer account
- Closely worked with closers on settlements on clearpar and follow up with counterparties on pending cash
- Managed internal and external participations to ensure timely trades are booked in Geneva, cash, notices and queries are managed efficiently
- Handling different revenue and fee management for internal finance team for broker dealer accounts
- Co-managing cash reconciliation vendor for kkr to ensure cash breaks are managed efficiently and acting as an escalation management for kkr - vendor relationship
- Well understanding of PIK, Drawdowns, Rollovers, Paydowns, Ad-hoc, Rate-Fixings & Cash Break Reconciliation.
- Initiating weekly & monthly client calls to discuss pending breaks & Issues.
- Working with Custodian, Agent banks & Counterparties on various discrepancies to resolve the cash breaks.
- Worked on revolver assets servicing to process lifecycle events like Rollovers, Paydowns, Borrowing, Rate set, Unutilized/LOC Fee, Commitment reduction etc.
- Enhanced productivity through diligent oversight of daily operations and staff management.
- Collaborated with cross-functional teams for seamless project execution and timely delivery.
- Drove innovation in the workplace by embracing emerging technologies and integrating them into existing workflows strategically.
- Streamlined operational processes by identifying inefficiencies and implementing strategic solutions.
- Assisted in recruiting, hiring and training of team members.
Team Leader
Cognizant COE, KKR
03.2021 - 06.2023
- Primarily responsible to lead a team of 10 and ensure controls on cash breaks related to Loans, Bonds, and Trade settlements.
- Perform EOD checks & validations for all transactions processed by WSO to ensure no error is being returned or else need to update loan reconciliation system.
- Well understanding of PIK, Drawdowns, Rollovers, Paydowns, Ad-hoc, Rate-Fixings & Cash Break Reconciliation.
- Initiating weekly & monthly client calls to discuss pending breaks & Issues.
- Working with Custodian, Agent banks & Counterparties on various discrepancies to resolve the cash breaks.
- Worked on revolver assets servicing to process lifecycle events like Rollovers, Paydowns, Borrowing, Rate set, Unutilized/LOC Fee, Commitment reduction etc.
- Working on Security Master Application MIK to setup assets (Loans, Bonds, ABS, and Equity) and data management.
- MiK application is used to set up an asset for the first time in system, which will flow down to other systems for trading.
- Search loan notices and update system with new spread/coupon rates, Paydown, borrowings, Rollovers etc.
- Validate ratings to Issuer/Asset as per Moody’s, S&P and Fitch site and assign the latest ratings to assets to make decision easier for portfolio manager for picking the asset.
- Perform Rating reconciliations each month end – compare ratings updated in the system match with trustee’s rating information. Investigate for any discrepancy with the help of rating sites.
- Team & Designation: Syndicate Bank Loans / Asset Servicing
Emerging Lead
State Street Corporate Services (Mumbai) Pvt Ltd
08.2018 - 03.2021
- Supervised a team of 8 team members and oversaw financial and operational process.
- Assigned tasks to individuals and departments. Divided tasks appropriately according to Departments.
- Processing trades, Settlement of trades, Restructures to resolve discrepancies. Liaising with Fund Administrators, Clients, and Counterparts on exceptions.
- Reviewing trades booked accurately in the trading systems, liaising with onshore middle Offices, settlement department & life cycle department on any discrepancies.
- Processing lifecycle events like Rollovers, Pay-downs, borrowing, rate set, payment in kind And Restructures of Syndicated Loan
- Conducting month end calls with onshore and fund accounting team for all the pending Issues
- Performing Cash and Position reconciliation on daily, monthly & quarterly basis.
- Processing and Setup outgoing wire to Counterparty and verify with client on call back.
- Team & Designation: Syndicate Bank Loans
Senior Associate
Eclerx Services Pvt Ltd
04.2017 - 08.2018
- Reconcile the daily cash received and reflected by custodian with client system.
- Working with Agent, custodian and all responsible parties for any discrepancies and take The necessary actions to fix the same in client’s system.
- Preparation of daily aged cash breaks file and take necessary action to clear the same.
- Processing of various life cycle events like paydown, drawdown, borrowing, restructures, Splits for loan accounts.
- Par Reconciliation for Loans outstanding positions on daily basis.
- Escalating issues on a weekly call with the responsible parties.
- Process restructures, conversions, split contracts and interest rates for loan accounts.
- Conducting month end calls on the pending breaks with the fund accounting team.
- Team & Designation: Loan Operations
Associate
SS&C GlobeOp Financial Services
01.2015 - 10.2016
- Liaising with Agent banks for non-receipt of notices.
- Process the loans lifecycle events in WSO as per notices received.
- Reconcile the daily cash received and reflected by custodian with client system.
- Reconcile the accrued interest with WSO admin and in Geneva.
- Working with Agent, custodian, client and all responsible parties for any discrepancies and Acting to fix the breaks.
- Par reconciliation for loans outstanding positions on daily basis.
- Process restructures, conversions, split contracts and interest rates for loan accounts.
- Conducting month end calls on the pending breaks with the fund accounting team.
- Weekly escalation to custodian banks and Agent for all pending breaks from their end.
- Active participation on various UAT testing for automation of Geneva daily works and
- Team & Designation: Syndicate Bank Loans
Senior Associate
Jardine Lloyd Thompson India Pvt Ltd
04.2013 - 01.2015
- Checking the Insurance claims and setting it up on Sector System.
- Logging new business quotations on sales force system.
- Running and creating renewal letters on Sector.
- Process Mid-Term adjustments.
- Raising Invoices and processing entries on Insurance Portal (X-changing System).
- Tracking outstanding quotations for respective units and chasing onshore team for the same
- Chasing for various missing documentation of claims and forwarding the same to onshore
- Team & Designation: Insurance Broking
Associate
Tata Consultancy Services
06.2011 - 04.2013
- Validating Import and Export data of LOGISTICS Firm.
- Checking the quality of the work done my makers.
- Working with T.A.T.
- Collating the exceptions on a daily basis and working with onshore for the same.
- Team & Designation: Logistics
Education
B.com -
Lala Lajpatrai college
Mumbai01.2011
HSC - undefined
Lala Lajpatrai college
01.2008
Skills
Skills
Operations management
Cross-functional coordination
Strategic planning and execution
Process improvements
Succession planning
Operations oversight
Teamwork and collaboration
- Advent Geneva
- Clearpar
- MiK
- Markit
- Data sites - Findox, Debtdomain and Syndtrak
Problem-solving
Operational efficiency
Systems
Accomplishments
- Awarded as Above and Beyond for the quarter (Apr-June 2019) in State Street.
- Analyst of the quarter (Jul-Sep 2017) in Eclerx Services Pvt Ltd.
- Star of the month for September 2017 in Eclerx Services Pvt Ltd.
- Star of the month for June 2016 in SS&C GlobeOp Financial Services.
- Corporate Citizen Award 2015 in SS&C GlobeOp Financial Services for active participation in CSR activities.
- Gems award in Aug 2012 in TCS.
- Lead of the Quarter award in Cognizant in Q3 2022.
Timeline
Assistant Vice President, Operations
KKR
07.2023 - Current
Team Leader
Cognizant COE, KKR
03.2021 - 06.2023
Emerging Lead
State Street Corporate Services (Mumbai) Pvt Ltd
08.2018 - 03.2021
Senior Associate
Eclerx Services Pvt Ltd
04.2017 - 08.2018
Associate
SS&C GlobeOp Financial Services
01.2015 - 10.2016
Senior Associate
Jardine Lloyd Thompson India Pvt Ltd
04.2013 - 01.2015
Associate
Tata Consultancy Services
06.2011 - 04.2013
HSC - undefined
Lala Lajpatrai college
B.com -
Lala Lajpatrai college