Vinesh N Shetty

Collateral Loan Obligation Team:

• Reviewing and Approving daily Cashflows between funds sent by different agent banks and working with the Internal team on Wires, Cash transactions, and Restructures.
• Working closely with Agents, Counterparty, and Clients on Positions and cash Reconciliation.
• As a Collateral Administrator we process Redemptions, Internal Transfers, STIFs, and FX Transactions.
• Preparing Client reports such as Daily Reports, Monthly Reports, and IPD (Payment date reports).
• Ensured break investigation was completed by using, Trustee Cash Flows, Trade documents & Agent bank loan notices.
• Understand client’s concerns & expectations and ensure that requests have been prioritized to provide quick turnaround.
• Trained and mentored new joiners; created SOPs and drove process improvements.
• Communicate & co-ordinate with supporting teams to resolve issues.

Credit Asset Servicing Team:

• Reconcile cash and positions across all funds daily using the DUCO platform, ensuring accurate processing and updates in Geneva.
• Utilizing Geneva to process capital activities, including booking bond paydowns and managing interest for both fixed and variable bonds.
• Processing of paydown, Interest and corporate actions for bonds - Review Deal Document/ Credit Agreements / Notices for the asset setup in Geneva.
• Enter and maintain accurate loan data in a proprietary loan administration platform to ensure data quality and compliance.
• Ensuring all the activities are processed and updated in Geneva. Reach out to Agents / Custody / Internal team for resolving exceptions on daily basis.
• Utilize Bloomberg / Refinitiv / DTC for checking trade tickets, accrued interest, corporate actions etc.
• Collaborate with internal teams to understand data flows and support process improvements across systems.
• Handle ad-hoc operational tasks efficiently, meeting turnaround time (TAT) expectations.
• Liaise with accounting and operations teams to resolve payment-related queries.
• Prepare regular reports for management and contribute to process enhancements based on findings.

Bank Loans operations:

• As Part of Bank Loans Ops supporting client in setting loans which are traded on daily basis in clear par to update the same in client system.
• Supporting client with migration process from SMS to Aladdin by clearing the breaks caused by backdated settlement in Aladdin and booking the fee to loan trades, updating the unsettled paydown quantities for open loans in SMS.
• CUSIP rebooking/update for the loans which are already setup in client applications.

• The Structured Finance Team provides CDO and CLO transaction services to many of the largest investment banks and asset managers in the securitization industry (U.S). Core services include Trustee Services. Analyse and Create reports on distribution date calculating priority of payments to securitized product investors using excel based cash flow model, due diligence and reviewing collateral portfolio composition. The various CDO asset classes the team works on includes Collateral Loan Obligations, Collateral Debt Obligations, Asset Backed Securities, Residential Mortgage-Backed Securities, Commercial Mortgage-Backed Securities, and Credit Default Swaps.
• Preparation of Distribution Report and monthly report, waterfall payment structure and quarterly Note Valuation Report.
• Expertise in Wall Street Office (WSO), Markit WSO Data & Reporting, Loan Ops Portal, CDO Suite & rating website such as S&P, Moody’s & Fitch.
• In depth reading of deal legal documents which includes Indenture, Offering Circular and Pooling Agreement
• Maintain timeliness and accuracy on as hoc projects, data cleanse and maintaining ratings from Moody’s, S&P, DBRS and Fitch for all US and Non-US deals.
• Reconciliation of the all the trade transactions and activities related to CLO with client positions file and Performance valuation and reconciliation of loan portfolio.
• Good understanding of Asset Backed Securities (ABS), Mortgage-Backed Securities (MBS) and Collateral Debt Obligation (CDO) transactions.
• Establish relationships with client personnel at appropriate levels. Consistently deliver quality client services. Monitor progress, manage risk and ensure key stakeholders are kept informed about progress and expected outcomes
• Training and mentoring junior colleagues along with reviewing, checking and overseeing and undertaking the workload planning
• Contact SPV’s, rating agency, issuers involved in structured finance deal and also develop strong working relationships locally and with colleagues in other locations to ensure that a seamless and best in class service is maintained within the assigned portfolio team.
• Conducted in-depth credit risk analysis on CLO portfolios, evaluating the risk of underlying loans and bond issuances.
• Credit risk assessments on CLO portfolios, analysing risk drivers such as collateral performance, default rates, credit rating migrations and recovery scenarios.
• Monitored credit risk exposure in CLO portfolios by tracking concentration limitation compliance, CCC bucket breaches.
• Calculating and validating the various collateral Quality Tests, Credit enhancement tests which includes Overcollateralization Tests and Interest Coverage Tests and calculating Portfolio Limitation tests to assess collateral sufficiency and cash flow adequacy, ensuring compliance with indenture requirements.
• Maintain high integrity amongst the team members, articulate issues and problems and communicate clearly to the Managements.

• Analysing periodic investor reports of Asset Backed Securities (ABS), Mortgage-Backed Securities (MBS) and Collateral Debt Obligation (CDO), transactions, Student loans etc.
• Responsible for covering factor, coupon and collateral information for Structured Product deals.
• Responsible for maintaining terms and conditions, collateral, payment structure, callable, interest rates, day count code, maturity date, denominations, credit priority, schedule payments etc
• Analysing the information related to bonds such as interest shortfall, Realized loss, recoveries, principal payment, waterfall payment etc.
• Checks of ISIN’s, CUSIPS, SEDOL, Common codes, WPK identifiers for structured finance deals.
• Solving client queries related to CDO, Agency bonds, Student loan auction rate bond, auto loan etc. Performances and related information provided by Reuter’s Product.
• Covering Student loans bonds and calculate coupon rate information based on auction dates.
• Maintaining ratings from Moody’s, S&P and Fitch for all US and Non-US deals
• Maintain timeliness and accuracy on as hoc projects and data cleanse.
• Responsible for sourcing offering memorandum, pooling and servicing agreements, investor reports.
• Contact trustee, SPV’s, rating agency, issuers etc. parties involved in structured finance deals.
• Possess knowledge of various Reuter’s products such as Thomson Reuters Eikon, \ Thomson Reuters Data scope onsite.
• Verifying bond and structured product deal information using PSA, offering memorandum Trustee reports etc.