Vedavathi B J
Bangalore
Summary
Responsible for end to end collateral management process, handling a diverse range of products. Role involves managing daily operations. by working closely with counterparties , internal departments , external partners, and adeptly managing stake holders to ensure seamless operations and compliance to control standards and to ensure that collateral obligations are met promptly.
Overview
6
6
years of professional experience
Work History
Collateral Specialist
State Street Corporation
Bangalore
11.2022 - Current
- Thorough knowledge of standard banking practice and procedures relating to loan administration and payments, processing payments using SWIFT-based payment system.
- Manage daily collateral margin calls for $10 billion portfolio, ensuring timely and accurate settlement of all transactions
- Monitor counterparty risk exposure, working closely with the risk management team, along with trade bookings, and to adjust collateral requirements as needed.
- Conduct daily reconciliations of collateral positions, resolving discrepancies in a timely manner to maintain operational integrity.
- Collaborate with legal and compliance department to ensure all processes meet regulatory standards.
- Maintained accurate records of all secured transactions.
- Preparing daily transactions changes in assets.
- Analyzing risk and offsets, and developing solutions.
- Participated in training sessions related to collateral management best practices.
- Approved or denied loan applications and explained reasoning behind decisions.
- Supporting the financial team with month-end closing procedures, including account reconciliation, reporting, and handling customer billing inquiries and disputes, working to resolve issues promptly and maintain client satisfaction.
- Reconciling monthly billing records with financial statements, identifying and correcting any inconsistencies.
Transaction Process Associate
Accenture Solution Pvt Ltd
Bengaluru
02.2020 - 08.2022
- Identifying new orders, using dedicated software, checking inventories to locate requested products, applying discounts, reviewing orders for accuracy, preparing invoices, and promoting additional merchandise to customers
- Manage all communication with all sales department order and process all customer orders and shipment of products and ensure optimal practices for all processes
- Ensure compliance to all company and business policies and administer all open sales order and ensure appropriate order flow
- Provide high-quality client services externally and internally by managing incoming order, answering inquires and resolving problems by completing day to day assigned task including, but not limited to, control reports, data verification, cash Break resolution, inbox & dashboard monitoring, instruction client business, onboarding and also facilitates on client order instruction with developed and maintain strong productive and effective relationship
Senior Logistic Executive
Ganix Nutricare Pvt.Ltd.
Bengaluru
08.2018 - 12.2019
- Managed customer service activities, including order processing and tracking shipments.
- Developed and implemented strategic plans to improve overall logistics operations.
- Identified cost savings opportunities in the supply chain process.
- Negotiated contracts with vendors for transportation services, warehousing, and inventory management.
- Supervised staff of logistics professionals to ensure timely delivery of goods.
- Coordinated with other departments on projects that impact logistics processes.
- Maintained accurate records of inventory levels, shipping documents, and purchase orders.
- Implemented best practices within the organization's supply chain network.
- Researched emerging technologies and software solutions that could benefit the business's logistical needs.
- Created reports detailing current shipment status, delivery times, and any delays or issues encountered along the way.
- Reviewed invoices from suppliers for accuracy before approving payment.
Education
Certified Investment Banking Operations Professional - Securities and Derivatives, End to end Trade life cycle of Listed and OTC products, Functioning of Clearing and Settlement systems, AML/KYC, Asset Management, Risk Management
Imarticus Learning
Bengaluru09.2024
Bachelors of Science -
Vijaya Main college R V Road
Bengaluru01.2016
2nd Pre University -
NMKRV PU College
Bengaluru01.2013
S.S.L.C -
Macaulay English School
Bengaluru01.2011
Skills
- Leadership skills
- Teamwork and Time management skills
- Asset Management
- Risk mitigation strategies
- Investment Analysis
- Billing operations
- Stress Management
- Cash Flow analysis
- Client interaction
- Service delivery
- Business Negotiation
- Onboard Training
Websites
Accomplishments
- 3 times internal promotion within a year
- 2 times best employee award with 3 times increment
- Received 'Star business encore award' from Accenture across India
- Received thanking notes from colleagues for supporting them in the process and solving the queries which are unusual and difficult to analyse
- Received good number of appreciations and recognitions from client and management for handling volumes with 100% quality
Personal Information
- Father's Name: Jagadish B V
- Date of Birth: 11/10/95
Extracurricular Activities
Certificate Course in Bio informatics in Vijaya college Participated in colleges and school level exhibitions Participated in long jump in inter-school sport competitions Sports & group captain in school
Languages
- English
- Kannada
- Hindi
- Tamil
- Telegu
Timeline
Collateral Specialist
State Street Corporation
11.2022 - Current
Transaction Process Associate
Accenture Solution Pvt Ltd
02.2020 - 08.2022
Senior Logistic Executive
Ganix Nutricare Pvt.Ltd.
08.2018 - 12.2019
Certified Investment Banking Operations Professional - Securities and Derivatives, End to end Trade life cycle of Listed and OTC products, Functioning of Clearing and Settlement systems, AML/KYC, Asset Management, Risk Management
Imarticus Learning
Bachelors of Science -
Vijaya Main college R V Road
2nd Pre University -
NMKRV PU College
S.S.L.C -
Macaulay English School
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