Summary
Overview
Work History
Education
Skills
Languages
Hobbies and Interests
Accomplishments
Languages
Disclaimer
Personal Details:
Timeline
Generic

Surendar Maruti

Hinjewadi Pune

Summary

Dynamic reconciliation professional with extensive experience at State Street Pvt Ltd, excelling in cash and position reconciliation. Proven expertise in Geneva and TLM, coupled with strong leadership skills managing diverse teams. Recognized for enhancing operational efficiency and consistently delivering high-quality results in fast-paced environments.

Overview

15
15
years of professional experience

Work History

Officer 2 – Reconciliation

State Street Pvt Ltd
Pune
10.2021 - Current
  • Completing the daily cashbook reconciliation of 1400+ funds (custody vs Accounting) and ensure it is delivered on time to client.
  • Work as center of excellence in Coding and commenting the breaks to all different teams as per the product in TLP and work with them until the resolution of breaks.
  • Find out each custody break with required research and ensure the break is coded to that team for resolution.
  • Manage multiple clients and deliverables in APAC for different regions like Singapore China Korea and Hongkong.
  • Prepare the daily escalation MIS report and circulate it to the internal stakeholders to work on their breaks.
  • Raising the incidents (ICAMS) if there is any accuracy issues and work on the remediation for not repeating the same issue.
  • Testing in BUAT and Production environment and closely work with the business analyst for the development of any new application like ROW.
  • Working on the new projects within State Street which will improve the efficiency in doing the daily reconciliation.
  • Ensure that daily/Monthly KPI targets are met and attend all the governance calls like monthly APAC review meetings and OKRI meetings etc.
  • Work closely with all the stakeholders within State Street and ensure to get the resolution of each break before its getting aged.
  • Research in MCH and using different tools like PSAR, WMT, Alladin BBG etc ensure to provide the requested backup to stakeholders for processing the entry in accounting.
  • Setting up calls with different teams and ensure to get to the break’s resolution.
  • Review of over 30+ days breaks and ensure to escalate them timely to senior management level.
  • Attend the daily Back-office operation exceptions call to provide the updates on the breaks which are over 15 days coded to enterprise recon.
  • Ensure team is completing their daily BAU along with daily checklist completion.
  • Manage all the audit related queries in corporate audit and any other audit.
  • Monthly team meetings, One on One meetings and ensure to provide the feedback individually where they need improvements and provide the yearly ratings.
  • One point contact for every issue in APAC region.

Associate Manager- Operations

SS&C Globeop Financial Services Ltd
06.2015 - 10.2021
  • Manage the team of 9 people including trainees, Associate, Senior Associates.
  • Cash and Positions, Collateral and FX reconciliation research on all breaks like Bonds, Equity, Loans and OTC products etc.
  • Post the entries in Geneva whichever is in our scope before completing the monthly NAV.
  • Extensive exposure to U.S. and international products including equities, options, futures, CFDs, FX spots and forwards, corporate and municipal bonds, mortgage back securities.
  • Work with fund accounting to identify and resolve daily and month to date PNL issues & providing supports for Audit related queries to Auditors
  • Prepare and perform final reviews of all month end packages sent to clients Work with accounting to resolve and finalize month end NAV & PNL.
  • Responsible for managing on-boarding of new clients, which includes SWIFT connectivity for wires, account setups, FTP connections with prime brokers and counterparties and testing client’s OMS.
  • Responsible for Implementation and Conversion of new clients at SS&C Platform.
  • Work closely with internal groups such as trade upload, wires, reconciliations to build, test and enhance processes
  • Supervise and train employees throughout the US and India while acting as primary escalation for all clients.
  • Consistent top ratings from clients, which has led to more funds added.
  • Leading and participating in projects targeted towards Automation of process and testing of new enhancements and providing feedbacks accordingly.
  • Worked with more than 30+ Prime brokers while setting up one of the biggest clients in Globeop.
  • Manage settlements & confirmations for Bonds & Equities for one small client from London.
  • Matching confirmations on DTCC for FX entries.

Senior Associate -Reconciliation

State Street Syntel
11.2010 - 06.2015
  • Reconciliation of Cash and position for IM vs Custody bank (State Street).
  • Work on daily Cash reconciliation and Monthly Position reconciliation and ensure to complete it as per SLA.
  • Core job is to work on cash discrepancies pending in the account on daily basis and on Position, Price, Market Value and Accruals Discrepancies on Monthly and Preliminary basis.
  • Portfolio and cash reconciliation with a special focus on Transaction Life cycle Management (TLM) Production Life cycle management (PLM), Smarts.
  • In direct contact with Investment Manager & Custodian Banks through phone calls and emails to resolve the breaks and exceptions in the books Investment manager or Custodian banks.

Education

BCom - Commerce

Mumbai University
BNN College Bhiwandi
03.2010

H.S.C. - Commerce

Mumbai University
BNN College Bhiwandi
03.2006

S.S.C. -

Mumbai University
PEM High School Bhiwandi
03.2004

Skills

  • Investment banking and capital markets expertise
  • Cash and position reconciliation
  • Derivatives and futures management
  • Collateral management
  • Futures & Options
  • Fund Accounting
  • Geneva and TLM proficiency
  • Different applications such as MCH,TLM, PLM, Geneva, Everest, CTM, DTCC, WSO, Markit, WMT, Aladdin, and Everest
  • Bank debts, bonds, equities, swaps, and options
  • Confirmations and settlements
  • Diploma in computer financial accounting (Tally 90)
  • Developing small templates using Power BI
  • Basic applications like Microsoft Excel, with VBA coding skills, Word, PowerPoint, and Outlook
  • Stakeholder management
  • Performance management

Languages

English, Hindi Marathi and Telugu

Hobbies and Interests

Singing and watching movies.

Accomplishments

  • I was awarded as Titan of the Month and Values Award Smarts for my best performance at State Street Syntel
  • BRAVO award received for providing the client satisfying services.

Languages

English
Proficient (C2)
C2
Hindi
Proficient (C2)
C2
Marathi
Proficient (C2)
C2
Telugu
Native
Native

Disclaimer

I Hereby declare that the above-mentioned particulars are true and correct to the best of my knowledge and belief. PLACE: Pune DATE

Personal Details:

  • Date of Birth: 17th Jan 1989
  • Address: Flat no 302,Omkar Heights, Near New English School, Marunji, Hinjewadi Pune 411057

Timeline

Officer 2 – Reconciliation

State Street Pvt Ltd
10.2021 - Current

Associate Manager- Operations

SS&C Globeop Financial Services Ltd
06.2015 - 10.2021

Senior Associate -Reconciliation

State Street Syntel
11.2010 - 06.2015

BCom - Commerce

Mumbai University

H.S.C. - Commerce

Mumbai University

S.S.C. -

Mumbai University

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Surendar Maruti