Suraj Rathod

Work History

CITCO Group Services India LLP

10.2024 - Current

Established a high-performance culture within the team by setting clear expectations and providing regular feedback on individual performance contributions.
Collaborated closely with executive leadership to align department goals with overall company objectives, resulting in stronger organizational cohesion.
Managed a diverse portfolio of projects, ensuring that each project met established quality standards and delivered expected results on time.
Managed team of 20 ranging from entry-level analysts to SME and collaborated with business development,
process automation and operations.
Leading daily calls with CRM team on various funds which holds discussion about ongoing activities, queries on cash recon, position recon, audit queries along with open mails from client & other teams.
Developed SOPs for various day to day tasks being undertaken by team, which improved team's performance
which led to reduction in errors.
Perform testing to automate the process.
Providing resolution to middle office & FA team for various discrepancies raised by client to them related to bank debt.

CITCO Group Services India LLP

03.2022 - 09.2024

Oversaw daily operations of the department, ensuring smooth workflow and timely completion of tasks.
Applied strong leadership talents and problem-solving skills to maintain team efficiency and organize workflows.
Increased team productivity by implementing efficient workflows and setting clear expectations for staff members.
Organizing & handling training session for new hires & taking refreshers training for existing staff that would
eventually upgrade their knowledge and minimize the errors in processing.
Assigning and reviewing of various tasks done by team on day-to-day basis and guiding them further on
improvising.
Ensuring migration training is going as per Standard Operating procedure provided by Onshore.
Managing KRI of the Client and tried to complete within time.
Keeping track of Query/rejection tracker/daily deliverable status and provide to Senior management .

CITCO Group Services India LLP

06.2020 - 02.2022

Responsible to reconcile principal position to match the agent record.
Reconciliation of incoming and outgoing cash.
Providing middle office team with the details to match off the breaks with broker wires.
Ensuring timely settlement of trades in both internal and Markit database.
Study and identification of different types of trades in CLO and middle office portfolios (Buy - Sell, PIK-Non PIK, Netting,Payout, Research, Restructure, Non-Loan and Ratings).
Reaching out to agent for missing notices and overdue contracts.
Performing accrual and position recon on weekly or monthly basis and research on differences if any.

Citicorp Services India Limited

06.2018 - 06.2020

Played a stellar role in identifying the broker wires and label it accordingly.
Ensuring the funds received gets applied within stipulated time by the appropriate owners so as to avoid kickback.
Solve trade related queries, get open trades settled and also process the difference in case if any.
Reporting of the ongoing actions which are being taken on daily basis to appropriate stakeholders on various deals.
To check all trade documents and ensure their prompt update in the application.
Calculation of delayed compensation, checking funding memo for distribution of transfer fee, generating cashflow.
Reporting monthly MIS and daily EOD.

EClerx Services

04.2016 - 05.2018

Ensure timely settlements of trades which are stuck in secondary market.
Ensuring that the affirmation and confirmation chasing are done on timely manner.
Ensuring that the preferred remittance instructions are selected from the deal servicing group details window and to check if wire instructions coincide with the currency of trade.
Ensuring that the correct delayed compensation is applied in a trade and Cashflows are matching with Funding memo.
Ensuring deal has sufficient balance to sell the position and reporting to traders about short positions in a trade.
Monitor and correct institutional accounts.
Ensure to reconcile trade discrepancies.
Assist secondary trades team on MNA and 4/6 way netting settlement.
Liaising with BU on distressed closing documentation e.g Trade Conf, Transfer Cert, Pricing Letters.
Verify deals in LIQ which have been recently traded on the secondary market.
Responsible to prepare Weekly/monthly reporting of Open & unconfirmed trade and Late closed trades
Responsible to reconcile principal position to match the agent record
Reconciliation of incoming and outgoing cash
Investigations of suspense funds and apply them on correct deals
Preparation of weekly/monthly metrics of unmatched and Past due breaks

Capstone Securities Analysis Private

06.2014 - 04.2016

To study and analyze the condition of the U.S market and conduct detailed research on the financial, social and economic data and information.
Buy and sell the shares and securities by utilizing short term trading models which are automated.
Design potential strategies related to trading and determine a course of action that needs to be taken.
To evaluate the risk involved and make appropriate decisions and preparing the relevant reports.
Constantly monitor and review the transactions to verify the accuracy and ensure that they are in conformance with the rules and regulations of the governing organization.