Summary
Overview
Work History
Education
Skills
Timeline
Generic

Sriram Kasthurirangan

Chennai

Summary

Results-driven Cross-Border Settlement Lead with extensive expertise in regulatory compliance, risk assessment, and currency conversion. Demonstrated success in managing global market trade settlements and leading process migrations, achieving 100% same-day settlements consistently. Proven ability to train and develop teams, enhancing operational efficiency while excelling in high-pressure environments. Strong leadership and problem-solving skills drive continuous improvement and operational excellence.

Overview

10
10
years of professional experience

Work History

Cross Border Lead

Mobiversa Private Limited
Coimbatore
12.2024 - Current
  • Led cross-border settlement operations, coordinating multi-market trade settlements to ensure accuracy, compliance, and timely processing.
  • Led the migration of the entire USDT settlement process, ensuring a seamless transition with minimal operational disruption, and maintained compliance.
  • Monitored and managed daily margin calls for OTC derivatives, repo, and securities lending trades, ensuring timely settlement and compliance with regulatory requirements.
  • Utilized the Bloomberg Terminal and Refinitiv Eikon to monitor real-time market data, news, and pricing for equities, fixed income, FX, and derivatives.
  • Extracted and analyzed historical price data, benchmark curves, and volatility surfaces using Bloomberg functions (e.g., BDP, BDH, FLDS), and Reuters data feeds.
  • Handled FIAT, SEPA, and FX bookings and transfers, implementing strategies to minimize foreign exchange market risk.
  • Managed applications, including Bitpace, PBPAY, Kingdom Bank, AM Bank, and UOB Bank, ensuring seamless operations and integration.
  • Executed currency conversions between MYR, USD, USDT, and Euro, accurately applying XE rates to optimize margins and enhance profitability.
  • Managed billing processes and performed blockchain maintenance to ensure accurate financial operations and system integrity.
  • Managed prefunding of currencies to ensure adequate stock for client settlements, achieving 100% same-day settlement with zero failures.
  • Maintained accurate records related to production output and material usage.
  • Trained new personnel in proper operation of bonders and related equipment.
  • Actively advised management on new application deployments and automation opportunities to streamline the settlement process, while continuously building and developing the team.
  • Created documentation including user case stories and test analysis reports, and participated in live testing to ensure successful implementation.

Team Leader

Societe Generale Global, Societe Generale
chennai
10 2022 - 04 2023
  • CSDR Penalties. Late Matching Fail Penalty (LMFP), Settlement Fail Penalty (SEFP), Security Penalty Rate.
  • Market claims. Negative interest claims, overdraft claims, FRB claims, and JPG claims.
  • Custody, Billings, and Reconciliation.
  • Euro Clear and Clear Stream Settlements, Fails Management, Reclaims, and Buy-ins.
  • Equities, Fixed Income, REPO (Reverse Repo, Tri-Party, and Bilateral), and Collateral Management (Treasury, CDO, CLO, Pledges, and Releases).
  • Consolidated multiple margin calls into single, netted calls per counterparty, reducing daily operational workload and minimizing transaction costs.
  • Merged collateral calls across legal entities to reduce redundant collateral movements, and optimize liquidity usage.
  • Reconciled security master and pricing data from IHS Markit, Bloomberg, and Reuters to ensure consistency across internal risk and trading systems.
  • Supported the front office by sourcing bond pricing, credit spreads, and CDS curves through Bloomberg and Markit for valuation and risk analysis.
  • Served specific clients for both mandatory and voluntary corporate action events.
  • Supported resolution of inquiries via daily interaction with DTCC, Euroclear, Mutual Fund agents, ClearStream, and Global Markets.
  • Reconciled collateral positions and resolved breaks between internal systems and external counterparties.
  • Executed and tracked collateral movements (cash and non-cash) across multiple custodians and clearing houses (e.g., Euroclear, DTCC, and Clearstream).
  • Recognized exceptional individual performance for improved motivation.
  • Managed instruction deadlines for elective corporate action events by monitoring uninstructed balances, instructing the sub-custodian upon receipt of the client's responses, and following up on the acceptance of these by the sub-custodian.
  • Analyzed existing systems and processes to identify areas for improvement.
  • Evaluated business processes for improvement opportunities through automation or streamlining.
  • Drafted functional specifications documents outlining project scope, objectives, and deliverables.
  • Processed initial and variation margin requirements across bilateral and cleared trades, while optimizing collateral usage and minimizing funding costs.

Team Leader

Accenture Solutions Pvt LtdSenior, Accenture Solutions Pvt Ltd
Chennai
12 2021 - 06 2022
  • DTCC, FRB, Euroclear, and Clearstream settlements and fails management.
  • Led and successfully completed the CSDR (Central Securities Depositories Regulation) migration, ensuring full compliance with regulatory standards, and minimal business disruption.
  • Mitigated counterparty risk through effective collateral management strategies in line with ISDA CSA agreements.
  • Ensured compliance with global regulatory frameworks for collateral segregation, dispute resolution, and reporting.
  • Participated in internal audits and implemented control enhancements to reduce operational risk and improve data integrity.
  • Managed a team of seven members, overseeing task delegation, performance monitoring, and successful project delivery within deadlines.
  • Handled high-priority client escalations with a client-centric approach, proactively resolving issues, and implementing solutions to avoid buy-ins, and ensure seamless trade settlements.
  • Executed trade pre-matching activities on T-1, managing all relevant SWIFT message formats for trade confirmations.
  • Handled trade netting and payment processes, including partial and full pair off activities, to optimize settlement efficiency and reduce counterparty exposure.
  • Performed STP (Straight-Through Processing) data validation, identifying and rectifying errors promptly to ensure seamless trade flow, and reduce settlement failures.
  • Reconciled client data and performed Nostro/Vostro account reconciliation, break investigation, client billing, and custody operations to ensure accuracy and compliance with internal controls.
  • Led team development initiatives by organizing and conducting skill-building workshops, resulting in improved performance and knowledge retention.
  • Trained staff on effective complaint resolution techniques to ensure prompt and professional handling, thereby enhancing client satisfaction and retention.
  • Researched best practices in corporate finance across industries and recommended potential improvements.
  • Developed forecasting models based on past performance data used by sales teams.
  • Designed dashboards that provided real-time visibility into financial performance indicators.
  • Identified areas of operational inefficiencies through process mapping and root cause analysis.

Analyst

BNY MELLON International India Operations Pvt LtdAnalyst - BNY MELLON International India Operations Pvt Ltd
Chennai
10 2017 - 12 2021
  • Managed custody and settlement operations involving DTCC and the Federal Reserve Bank (FRB) processes, ensuring accurate transaction processing, timely settlement, and regulatory compliance.
  • Coordinated with counterparties to agree on merged call structures under CSAs, reducing disputes, and enhancing bilateral efficiency.
  • Monitored and ensured adherence to both market standards and client-specific requirements, consistently meeting compliance and quality benchmarks.
  • Ensured timely settlement of corporate actions, accurate transfer of positions to depository systems, maintaining data integrity, and compliance with regulatory deadlines.
  • Managed settlements and resolved report breaks by releasing overnight trades, contributing to a significant reduction in trade fails, and improving settlement efficiency.
  • Managed overnight holding trades in Custody Holdover accounts, ensuring trades are processed and moved before next-day market cutoffs to avoid settlement delays.
  • Reviewed ISIN eligibility and facilitated the release of temporary freezes by issuing frozen letter adjustments, ensuring timely settlement of trades on client accounts, without delays.
  • Ensured all DTC and FRB eligible trades were settled on the contractual settlement date, maintaining compliance, and reducing settlement failures.
  • Handled a wide range of settlement activities, including DVP, DVF, RVP, RVF, stock loans and returns, MMI trades, repo and reverse repo, tri-party and bilateral settlements, as well as CDO and CLO transactions.
  • Monitored trades to ensure adequate cash balances, minimizing buy-in risk, and supporting timely settlement.
  • Communicated issues effectively to business lines, and ensured proper escalation to facilitate timely resolution.
  • Liaised with Training and Development teams to design and deliver training sessions, successfully upskilling 30 employees.
  • Performed end-of-day (EOD) bank and client account balancing, and prepared and submitted accurate reports to regulators and clients.
  • Processed WIRE payments, including IMMS and IIS, handling SEPA, FIAT, and FX transfers with accuracy and compliance.
  • Ensured compliance with regulatory requirements, including the Bank Secrecy Act (BSA), Anti-Money Laundering (AML) regulations, and OFAC sanctions.
  • Maintained strict confidentiality of bank records and client information, adhering to data protection policies, and regulatory requirements.
  • Conducted manual approvals for RAD money trades, ensuring compliance with internal controls, and regulatory guidelines.
  • Managed underwriting processes, and secured necessary approvals to assess and mitigate risk effectively.
  • Handled settlement proofing, month-end account reconciliations, OFAC approvals for trades, global fund control approvals, and end-of-day (EOD) operational activities to ensure accuracy and compliance.
  • Met broker deadlines consistently while managing DTC sweep processes to ensure timely and accurate trade settlements.
  • Experience handling cross-border trades, including CREST, Canadian and German depositories, Computershare trades, and underwriting transactions.
  • Acted as a liaison between management and employees, facilitating clear communication, and fostering collaboration to achieve organizational goals.
  • Ensured timely responses to client calls and emails, accurately addressing queries to maintain high levels of client satisfaction.
  • Prepared presentations summarizing key financial insights for senior management review.
  • Performed ad hoc analyses for strategic initiatives such as pricing changes or mergers and acquisitions.
  • Created visualizations of financial performance metrics and presented findings to executive stakeholders.
  • Identified areas of operational inefficiencies through process mapping and root cause analysis.
  • Suggested changes to senior management using analytics to support recommendations and actively participated in the implementation of approved changes.

Senior Process Associate, Process Associate

Hewlett Packard EnterpriseSenior, Hewlett Packard Enterprise
Chennai
01.2016 - 05.2017
  • Manage the full cycle of accounts payable, processing, and verifying invoices.
  • Reconcile processed invoices to ensure 100% accuracy by verifying entries and reports to balance.
  • Monitoring payments to the vendors, and calculating the exact tax amount and discounts.
  • Worked on SAP application invoice processing.
  • Created detailed process flows and user stories to document system requirements and design solutions.
  • Facilitated brainstorming sessions with cross-functional teams for problem solving activities.

Process Associate

Maersk Global Service, Global Service
Chennai
09 2014 - 10 2015
  • Centre
  • Entire process for handling supplier invoice, from its receipt to when it has been posted in ERP system and ready for payement
  • Handling 150+ invoices per day
  • Ensured all taxes and container tracking are updated correctly.
  • Implemented process upgrades to improve production rates and reduce costs.

Education

Functional Business Analyst - Business Analytics

COPED
Chennai
04-2024

Bcom - Corporate Secretaryship

D.G.Vaishnav College, G.Vaishnav College
UndergraduateD, Chennai, Imarticus
July.2017April, July 2017

Certification - Investment Banking Operations

Imarticus
chennai
08-2017

Skills

  • Keen problem solver
  • Methodical planning
  • Utilizing data for customer satisfaction
  • Troubleshooting and diagnostics
  • Documentation development
  • Task prioritization
  • Troubleshooting skills
  • Support users
  • Multitasking
  • Communication skills
  • Leadership
  • Time management
  • Cross-border settlement
  • Regulatory compliance
  • Currency conversion
  • Risk assessment
  • Training and support

Timeline

Cross Border Lead

Mobiversa Private Limited
12.2024 - Current

Senior Process Associate, Process Associate

Hewlett Packard EnterpriseSenior, Hewlett Packard Enterprise
01.2016 - 05.2017

Team Leader

Societe Generale Global, Societe Generale
10 2022 - 04 2023

Team Leader

Accenture Solutions Pvt LtdSenior, Accenture Solutions Pvt Ltd
12 2021 - 06 2022

Analyst

BNY MELLON International India Operations Pvt LtdAnalyst - BNY MELLON International India Operations Pvt Ltd
10 2017 - 12 2021

Process Associate

Maersk Global Service, Global Service
09 2014 - 10 2015

Functional Business Analyst - Business Analytics

COPED

Bcom - Corporate Secretaryship

D.G.Vaishnav College, G.Vaishnav College

Certification - Investment Banking Operations

Imarticus

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Sriram Kasthurirangan