Thilak Swaminathan Daniel
Investment Banking
Chennai
Summary
To obtain an exclusively challenging career by using my full potential in any environment because of these reasons- sociable but assertive, creative and imaginative, honest tactical, and responsible. To gain maximum exposure and deep understanding of diversified business verticals; to leverage on my knowledge and experience gained to add value to different business verticals. I am looking forward to join an organization with a stimulating and challenging environment and create a meaningful association with its management and its associates.
Overview
16
16
years of professional experience
5
5
years of post-secondary education
2
2
Languages
Work History
Manager
ACCENTURE
Chennai
08.2021 - Current
- Company Overview: Investment Banking - Manager
- Client: BARCLAYS
- Handling FI products, Events Maturity / Full Redemption / Partial Redemptions / Assimilation / Pay in Kind / Drawing
- Agent Source: Clear Stream / Euro Clear / BBG
- Dealing with Barclays internal clients and Prime Brokerage clients
- Based on the Swift details received from agents the event will be setup and the same has to communicate with relevant client as per their positions
- After receiving the MT566 from agent the appropriate details will reconciled and process according both CASH and STOCK
- Upon processing the events based on the trades BUY/SELL, Repo /Reverse Repo, / Loans /Borrows, the claim details will be circulated to respective client to get the agreement to close receivable and payables
- The trade booking request will be submitted from our side on pay date to trading desk (TCS / PBMO) Upon trader approval the trades will be book by same team
- To process the payment instruction on the claim through SSI via DMW
- The Reconciliation on both cash and stock breaks will be cross checked and matched accordingly in INTELLIMATCH
- Any SC breaks hitting more than 10 days aging immediately escalating to CASS team to alert not to impact on the PB clients
- Experienced in leading teams and overseeing BAU (Business-As-Usual) Checks to ensure smooth Operations, Skilled in supervising daily workflows, maintain compliance, and managing complex financial transactions
- Strong relationship management delivering tailored investment solutions with a personal touch
- Expert in financial analysis, Risk assessment, and aligning efforts with strategic goals
- Excellent Communicator with proven ability to simplify complex financial concept for clients and stakeholders
- Investment Banking - Manager
- Client: BARCLAYS
- Handling the team of 18 members, and monitoring the BAU as well as the people’s performance, preparing the volume tracker and report on daily basic on the effective utilization of times by individuals
Assistant Manager
STANDARED CHARTED
Chennai
01.2020 - 08.2021
- Company Overview: Private Banking - Assistant Manager
- Client: BONY MELLON
- Handling Corporate action EVENTS and Payments DVOP,DVCA, VOLU, MAND
- MT564 (NEWM) MT564 (REPL AND REPE) MT565 INSTRUCTIONS MT566 (PAYMENTS) MT576 (PACK CONFIRMATIONS)
- Facilitate the Events notification, Reminder, instructions and payments (CASH and STOCK)
- Breaks reconciling through (TLM and INTELLIMATCH)
- Custodian portal (NEXEN)
- System handling T24 – Real time portal
- Direct Deals with the RM’s queries and demands
- Market External source : BLOOMBERGE
- Requesting the Securities setup, Based on the Event requirements
- Requesting security setup (ie:- SSSD, SDU) to based on Thomson Reuters, Bloomberg
- Class action and Tax Offer Notification to the respective RM’s
- Private Banking - Assistant Manager
- Client: BONY MELLON
- Handling the team of 12 members, and monitoring the BAU as well as the people’s performance, preparing the volume tracker and report on daily basic on the effective utilization of times by individuals
Assistant Manager
BNP Paribas Global Securities Services
11.2012 - 12.2019
- Company Overview: Assistant Manager in Corporate Actions
- Nature of Work: – Custody and Clearing (Local Custody Australia, Global Custody, and Middle Office Corporate Actions and Back office)
- New event creation, Replacements, processing the reminders, Default and Standing instructions and Swift acknowledge confirmation, NEWM, REPL, REPE, RMDR, PACK
- Dividend reinvestment processing and Optional dividend processing cash and stock
- Tax calculation for corporate action event for international Markets
- Monitoring Bloomberg announcement for the respective clients event (Market specifications)
- Processing the event instruction from source COAST, DMS & BIRD
- Initiating the cash and stock payments
- Stock ratio calculation based on the client and region for the corporate action events
- Tax debit for the event after cash payment for stock options
- Communicate through swift messages MT564, MT565, MT567, MT568, MT599
- Preparing beginning of the day and end of the day checklist and batch checklists
- Prepared keystroke level of SOP on monthly basics
- Research in Bloomberg, Thomson Reuters, IDC etc
- Performing Cash and Asset Reconciliations
- Outstanding recs & IM Recs
- Assistant Manager in Corporate Actions
- Reconciliation: Have a knowledge in intellimatch application as well as the TLM and INTELLIMATCH application (Statement vs ledger), cash and stock along with the Asset rec as well as IM rec
- Nature of Work: Post trade Operations – Custody and Clearing (Local Custody Australia, Global Custody, and Middle Office Corporate Actions, Middle Office Cash Operations)
- Primary Responsibility: Validating events created by maker, Ensuring quality of service to clients, Replying queries at the earliest to clients, Managing and Ensuring work is completed on time by both creators and validates, BAU(Business as Usual) Completion on a Everyday basis
- Cash and Asset Reconciliations checks
- Managing Associates regularly to ensure BAU is done
- Other Responsibilities: Performance management for the team as well as outside the team, Process improvement to reduce man hours
- Achievements in profession: Receiving Appreciation mails from clients for best performance without errors
- Performed and proved the stability in the process
- Received many appreciations from the clients and managers for solving the issues
- Received appreciations from Top management for competing work in time on a daily basis
- Supervised day-to-day operations to meet performance, quality and service expectations.
Process Associate Band I
TATA Consultancy services E-Serve International Ltd
09.2010 - 11.2012
- Company Overview: Process Associate Band I
- Client: Morgan Stanley an Investment Banking Firm in US
- Nature of Work: Intercompany Omni reconciliation – Deals with Cash and Position, Manual journal entry to post to clear the breaks
- Deals with failing trades in market
- Process: FID process deals with Intercompany reconciliation process
- Settlement of Fixed Income products
- Posting Manual Journal
- Position reporting
- Monitoring the Cash movement with the entities
- Inter Company reconciliation report
- Weekly & Monthly Risk Matrix
- Process Associate Band I
- Client: Morgan Stanley an Investment Banking Firm in US
Finance Executive
Paazee InfoTech India Pvt ltd
05.2009 - 08.2010
- 1.3 year of professional experience in Foreign Exchange Trading (Currency Trading)
- Performing trading with currency pairs in all international and local currencies like Euro, USD, INR vs USD Great Britain Pound and Japanese Yen by analyzing the news released in EMU, US , UK and Japan
- Analyzing the market by using the Japanese candlestick pattern
- Analyzing the upcoming trend by using Economic Indicators, Parabolic SAR, Stochastic pattern, and trend analysis of the respective countries
Education
Master of Business Administration -
Bishop Heber College
Tiruchirappalli, TAMILNADU 01.2007 - 01.2009
Bachelors of Commerce - undefined
Bishop Heber College
Tiruchirappalli, TAMILNADU 01.2004 - 01.2007
Skills
Friendly, Positive Attitude
Disclaimer
I hereby declare that the information furnished above is true to the best of my knowledge and belief.
Personal Information
- Date of Birth: 10/05/86
- Gender: Male
- Nationality: Indian
- Marital Status: Married
- Religion: Christian
Timeline
Manager
ACCENTURE
08.2021 - Current
Assistant Manager
STANDARED CHARTED
01.2020 - 08.2021
Assistant Manager
BNP Paribas Global Securities Services
11.2012 - 12.2019
Process Associate Band I
TATA Consultancy services E-Serve International Ltd
09.2010 - 11.2012
Finance Executive
Paazee InfoTech India Pvt ltd
05.2009 - 08.2010
Master of Business Administration -
Bishop Heber College
01.2007 - 01.2009
Bachelors of Commerce - undefined
Bishop Heber College
01.2004 - 01.2007
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