Sudheer Devisetti
Coimbatore
Summary
Results-driven Financial & Investment Banking Operations Senior Associate with over 11 years of expertise in research, reconciliation, and trade operations. Demonstrated success in formulating operational policies that enhance quality and accuracy within derivative and equity markets. Strong aptitude for managing client relationships, effectively resolving disputes to achieve high compliance scores and elevate client satisfaction. Committed to fostering a culture of continuous improvement and team development for superior service delivery.
Overview
12
12
years of professional experience
1
1
Certification
Work History
Senior Associate
State Street
Coimbatore
11.2019 - Current
- Investment Banking Operations Senior Associate - with six years of professional experience in process transition, trade processing, researching, and reconciliation.
- Handling a team consisting of 10 members.
- Developed streamlined procedures, service standards, and operational policies to enhance consistency and precision.
- Proficient in Trade Life Cycle: trade settlement, trade matching, validation, trade operations, and reconciliation; SWIFT instructions; term loan processing; corporate actions; fixed income; NAV calculation; margins; and swaps.
- Skilled at overseeing team management tasks and consistently advancing service delivery.
- Enhanced performance of new resources by providing training.
- Processing trades instructed by the Investment Manager through different sources, like Swift, fax, and email.
- Responsible for daily BAU operations and reconciliation: accounting processing, position reconciliation, cash reconciliation, portfolio reconciliation, and collateral and margin postings.
- TLP (Transaction Life Cycle Management Premium) and UCM (Universal Custody Management) transition experience in operations.
- Portfolio reconciliation and dispute resolution between IM and broker.
- Responsible for identifying, resolving, and, if necessary, escalating issues within established guidelines.
- Performing operational activities related to clients on-boarded and off-boarded for business.
- Responsible for BAU transition operational activities.
- Covered 10+ accounts, including a few high-profile clients and sensitive large trading portfolios.
- KPI improvement, EOD activities, report generation, mail handling, and controls check.
- Responsible for handling errors, risk mitigation, NAV-related issues, accuracy, and TAT.
Data Researcher
S&P Global
Hyderabad
04.2013 - 11.2019
- Data Analyst: Capital Markets Team - Corporate Actions, Transactions
- Validation of financial documents such as IPOs, annual reports, interim reports, press releases, earnings estimates, SEC forms, etc., and extraction of financial information in a standardized form.
- Collection of Financial Reports and earning releases from various sources like company websites, stock exchanges, and other internet sources
- Tracking price-sensitive news like mergers, buyouts, changes in management, investments in subsidiaries, etc., and issuing results for detailed analysis
- Statements format and quality control
- Financial statement analysis (Balance sheet, Income statement, Cash flow statement)
- Projecting income statement details and fixed income content
- Notes part relating to main statements as per client specifications
- Notifications relating to corporate actions (e.g., new issues of shares, buybacks, payment of dividends, etc.)
- Identifying financials available for the current period of a particular company
- Assigning templates to the company based on the type of industry
- Notifications relating to mergers, reverse mergers, or acquisitions if any, by way of analysis
- Verifying the corporate action events by cross-checking the parameters like dividend rates/Ex-date/Pay-date with Bloomberg
Education
MBA - Finance & Marketing
KIET College
Kakinada06.2012
B.Sc - Computer Science
VSM Degree & PG College
Ramachandrapuram06.2010
Intermediate - MPC
Santiniketan Junior College
Ramachandrapuram04.2006
Skills
- Applications: Bloomberg, SCRT (Self Custody Reclaim Tracking), report generation using a third-party custodian website, UCM (Universal Custody Management), MCH System (Multi Currency Horizon), MYSS (My State Street), TLP (Transaction Lifecycle Management Premium), DHUB, and DTCC (Depository Trust and Clearing Corporation) website
- MS Office
- RAID (Risk Assumption Issues and Dependencies) identified and addressed
- Have basic knowledge of RPA tools, like Automation Anywhere
- Advanced Excel
- SQL
- Investment Banking Operations
- Global markets
- Financial markets
- Process Improvements
- Documentation
- Client Engagement
- Communication
- Team Building
- Coordination
- Operations
- Reconciliation
- Dispute Resolution
- Trade processing
- Trade Confirmation
- Trade validation
- Multi-tasking
- High-pressure handling
- Adaptable
- Complex systems
- Procedures
Awards
- Received Bravo award from onshore teams for process implementation ideas and for clearing multiple aged exceptions.
- Received appreciation from higher management for Subject Matter Expert in Operations, Reconciliation & team support.
- Won two times Annual Excellence Awards for producing the best quality of data.
Accomplishments
- Collaborated with team of four members in the development of automating nonstandard data.
- Supported automation of Auto-feed project by using Automation anywhere.
- Successfully worked with 0% error & 100% timeliness by implementing controls in the process deliverables.
- Successful transition of project as part of team.
- Process transfer from Pune location to Coimbatore location and assisted Team for smooth transition of the same.
Personal Information
- Date of Birth: 06/28/89
- Marital Status: Married
Languages
Telugu
First Language
English
Proficient (C2)
C2
Hindi
Intermediate (B1)
B1
Tamil
Elementary (A2)
A2
Certification
- Completed the Certification course in E-mail Etiquette's and Telephonic doctor.
- Completed the Certification course in SQL
Timeline
Senior Associate
State Street
11.2019 - Current
Data Researcher
S&P Global
04.2013 - 11.2019
MBA - Finance & Marketing
KIET College
B.Sc - Computer Science
VSM Degree & PG College
Intermediate - MPC
Santiniketan Junior College
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