Vinay Kumar Swanth

• Managed a team of 08 people who are responsible for Event Reconciliation, Nostro Matching, (Euroclear, Crest and DTC) reconciliation and clearing intersystem breaks
• Allocating of all Income & redemption events and Supervising day to day deliverables, working with team to get the results with high accuracy
• Worked closely with CASS Team for Daily CASS submission and assisting team for critical CASS activity and reviewing the evidence to avoid rejections
• Provided inputs for (risk/any other meetings) queries from OVS and ASCSG to drive timely resolution to provide response within 2 hours by coordinating with internal team to resolve issues
• Resolved the complex issues and helping the team on queries
• Trained new joiners by preparing the training plan and allocating the work based on the training to new joiners and monitoring the quality and performance
• Working on daily PNL and preparing weekly PNL report to share with management
• Escalated all operational, regulatory and other risks to Line Manager and functional leads in timely fashion process client posting on pay date for Mandatory income events
• Supported continuous improvement initiatives by actively participating in brainstorming sessions, identifying opportunities for change, and assisting with implementation efforts as needed
• Collaborated with cross-functional teams to develop strategies for improving production quality and reducing waste

Achievements

• Received Star of the Quarter award for achieving monthly targets consistently and for receiving appreciation emails from Front office & Onshore Leadership

• Managed a team of 08 people who are responsible for daily BAU tasks for CAIP team and assigning with in the Team and managing the team and Monitoring the mail box quires
• Managing the Leaves and allocating the shifts within the Team
• Conducting daily Huddle and Team meeting and arranging Brain Storming session
• Daily preparation of Team tracker and capacity planner and short interval control checks
• Representing the Team performance and issues and challenges in daily meeting
• Monitoring and keeping a track of all Deliverables, and making sure SLA'S are met
• Attending Daily high value calls with middle office to provide an update on the breaks status for claims and nostros

Corporate actions and dividends

• Handled high-volume seasons in APAC markets, such as the Korean dividend season, Japan's corporate actions, and dividend season, as well as worked on US dividend payments.
• Analyzed mandatory corporate action events, ensuring accurate posting of accruals and entitlements to client accounts
• Performed daily reconciliations for cash, securities, and suspense accounts
• Performed ex-date and record date bookings for the mandatory corporate action and dividend postings
• Performed daily reconciliations for cash, securities, and suspense accounts
• Processing all mandatory and voluntary corporate actions (stock splits, stock dividends, spin-offs, exchanges, mergers, tenders, consents) on the global custody accounting system.
• Responsible for reconciliations of cash and stock breaks, and making sure that the breaks have been commented on in a timely manner and cleared.

Fixed Income

• Validating the events in the systems as per the swift message from the agent (MT564, MT566).
• Calculating the entitlement, and processing the event.
• Investigating the breaks between the front office and back office, thereby enabling break resolution, P&L investigation of stock loan P&L between the front office and back office desk.
• Attending weekly calls with the middle office to provide an update on the breaks status.
• Preparing month-end reports for high-value breaks by providing the proper narrations and reporting them to the manager.
• Providing classroom training and/or cross-training peers on the processes and procedures, thereby creating necessary backups to meet contingencies.
• Preparing the pre-advices to inform the traders about the drawing event to block the positions.
• Sending the bookings for early redemption and drawing events to the middle office, and clearing the stock breaks.
• Using the various SWIFT (MT564, MT566) for cash break reconciliation for matching the breaks.
• Coordinating with the trading desk, sales team, middle office, and settlement team for the internal issue.
• Identifying ineffective areas within own process and initiating changes for them - proposing improvement solutions
• Maintaining and updating process procedures for KOP purposes.

Achievements

Received the Rising Star Award for excellence in execution in Q1 of 2019.

Received a Spot Award for excellence and quick learning in the FI team for Q2 2020

• Identifying , validating & setting up of various Mandatory Corporate Action events through swift messages on IM Actions(CAMA) & Fund master across Custody & IOO Businesses
• Monitoring all failed, withdrawal, cancelled & fax queues and ensuring to report any deviations noticed to Team Lead/Middle office
• Interacting with middle office and external agents seeking information when required
• Assisting Team Leader in providing all the required volumes, status reports and information as and when required
• Monitoring the progress of the daily workflow and informing the Team leader of any deviations
• Ensuring the mailbox is monitored periodically and queries responded within the set deadlines
• Prioritizing tasks that are critical and ensuring the same is completed by the team members
• Initiated training sessions for new and existing partners to ensure effective knowledge share
• Ensuring effective communication across all channels and maintained the sense of urgency among other team members given the tasks at hand
• Initiating Team Huddles and meetings regularly to ensure all the members are educated and informed about any new procedures and knowledge shares if any
• Supporting multiple sub processes within Custody Corporate Actions such as CAST & Event Creation

Achievements

• Received Bronze award for excellence in execution Received Spot award for excellence in Execution