Varun Battula
Bengaluru
Summary
Seeking to acquire a position as finance professional in a reputable organization, with the potential for advancement where I can utilize knowledge and skills to work in a challenging environment and gain experience in working as part of a growth-oriented team. Productive employee with proven track record of successful project management and producing quality outcomes through leadership and team motivation. Works with clients to determine requirements and provide excellent service.
Overview
8
8
years of professional experience
Work History
Team Lead
Wells Fargo
12.2023 - Current
- Asset Movement - Review of the service requests for movement of cash and securities between client brokerage accounts.
- Approvals based on various exceptions and restrictions in the account based on the account types such as regular brokerage accounts, priority credit line, Margin accounts, IRA accounts, CAM accounts.
- Handling 14 members team under money movement with IRA 401(K) Rollovers.
- Set clear goals for the team and work with them to achieve goals.
- Major areas of work: Automates Clearing house (ACH), Journal, Check disbursements.
- Suggesting process improvements and supported to drive projects to create efficiency and enhance controls.
- Creating daily staffing and assigning tasks to team members based on their skills, expertise and availability.
- Overseeing TM progress toward goals an ensure BAU being completed with 100 percent accuracy in the given SLA.
- Initiating team engagement activities to create inclusive and healthy environment.
- Preparation of tracker for the ideas submitted by team members to check feasibility and provide status of given ideas to team members.
- Training new hires and cross training internal teams to backup high volume season.
- Reporting the daily BAU data and comparison analysis to management and create plan accordingly.
- Collaborate with higher management and onshore teams to resolve team concerns and identify way to improve overall process.
- Creating and updating SOP, process checklist for existing and new work in the team.
OTC Processing Emerging Lead
State street corporation
09.2022 - 11.2023
- Responsible in processing OTC trades. Particularly Swaps (TRS,CDS,IRS).
- Experience in onboarding new clients to state street systems and initiated the trade booking as per the client instructions.
- Suggested process improvements and supported to drive projects to create efficiency and enhance controls.
- Carried out basic and complex processing in accordance with established procedures with timeliness and accuracy
- Reviewing/Auditing trades processed by other team members to ensure accuracy.
- Documentation - able to prepare , review and correct the process documentation such as process flows, SOP's.
- Overview to reconciliation breaks regarding cash and position breaks.
- Work closely with managers and bring issues that require management attention on timely manner.
- Supporting the team, management in managing BAUs and projects.
- Initiated and supported in learning and development initiatives for the team and demonstrated complete ownership.
Enlighten Consultant
State Street Corporation
01.2021 - 08.2022
- Part of the COE team that is responsible in implementation of
Enlighten (software) tool across different departments within/across the regions. - Provide coaching and support to leaders and team members on the daily use of Enlighten.
- Train managers “telling the story” behind team performance using key Enlighten metrics (e.g. Efficiency, Utilization, Productivity) in a manner that is consistent with program goals.
- Identifying "Quick Wins " and suggesting the business to improve process.
- Worked with Business leads to identify steps and areas which can bring in the efficiency and effectiveness of business processes.
- Responsible for analysis, facilitation, mentoring, project reporting and providing recommendations for process Improvement.
- Ensured integrity and consistency in all initiatives and allocated. tasks.
Equity Position Reconciliation
State Street Global Advisors
08.2017 - 12.2020
- Performing Daily and monthly Reconciliation for funds that are managed by State street Global Advisors globally.
- Working with issues related to trade, corporate actions & Client instructed transactions.
- Completing reconciliation for assigned funds ensuring accuracy and providing documentation that support decision making.
- Monitoring all the risk related issues on a daily basis and liaising with the functional teams/external parties to resolve.
- Handled weekly Portfolio Managers call on behalf of entire team with reviewing team activities.
- Understand needs and sensitivities of internal and external clients and proactively ensured these are met.
- Assisting PA teams in the book closure every month and providing sign offs to performance teams.
- Reviewing Trade fails and providing updates to Portfolio.
- Established good relationships with all external Custodians such as BONY Mellon, State Street, JP Morgan, SOCGEN, NT, Credit Suisse, HSBC etc.
- Verifying tasks performed by team mates and ensuring the output production meets quality standards.
- Reviewing exceptions to ensure aged & risky breaks are escalated to custodian & brokers in time.
- Handling onshore calls from Sydney, Hong Kong, Boston and London to discussion improvements in process
- Training new staff on the process with limited supervision.
Education
Master's - BusinessAdministration (Finance)
Alliance university
2017
Skills
- Organizational communication
- Team leadership
- Project management
- Creative thinking
- Attention to detail
- Quick learner
- Technical Skills
- Problem-Solver
Additional Information
- Date of Birth : 28-07-1994
- Marital Status: Single
- Languages Known: English, Telugu, Hindi
Timeline
Team Lead
Wells Fargo
12.2023 - Current
OTC Processing Emerging Lead
State street corporation
09.2022 - 11.2023
Enlighten Consultant
State Street Corporation
01.2021 - 08.2022
Equity Position Reconciliation
State Street Global Advisors
08.2017 - 12.2020
Master's - BusinessAdministration (Finance)
Alliance university
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