Ashwathy Nair

Process name - Money Market Settlement & OTC product Confirmation

• Analyzed financial data to identify trends and provide actionable insights for investment strategies.
• Our main duty here is settlement of money market involved products - payment of short term shares & securities generally term loans, commercial loans & call deposits.
• Collaborated with cross-functional teams to streamline reporting processes and enhance data accuracy.
• Front office books deals and loans in FT and Tarsan applications as per cash management email, they check the availability of cash and send email to front , back and middle office teams.
• We as settlement process, check the cash management email with the bookings done by FO (Front office team )

reconcile and make payments accordingly.

• Collaborated with teams to streamline process workflows, enhancing efficiency and accuracy.
• Assisted in data entry and management using advanced Excel functions for improved tracking.
• Monitored compliance with operational standards, ensuring adherence to company policies.
• Reconciliation: In this process we are involved in Fixed income Cash & Position reconciliation in Aladdin Platform. We are performing both external & internal reconciliation those are IBOR vs. Custodian, IBOR vs. RKS, IBOR vs FA and STIF .
• Checking SWIFT MT535(position) & MT950(cash) received from Bank via Link for cash & ART tool for position recon, in case of missing Swifts reaching out to Custodian at start of the day.
• Checking emails on hourly basis and resolving issues at the earliest and communicating with different counterparties for complete resolution.Maintaining aged break trackers, email trackers and preparing SOD & EOD report.

• Initiated process improvements that increased the efficiency of budgeting cycles while maintaining accuracy standards.

Job Profile: Income Entitlement Pre reconciliation:
• We are mainly responsible for pre reconciliation, payments, and post reconciliation of cash &interest events of income process.
• Complete reconciliation of pure cash events (cash dividends &bonds) received via Swifts from sub custodian.
• On Pre stage checking all details setup as per our source and sub custodian received Swifts are inline and in case of discrepancy reaching out to sub custodian immediately via mail / telephone and resolving it before the pay date for smooth pay flow.
• On Pay date making the payments as per the entitlement and settlements rules to the entitled clients on the basis of contractual / non contractual markets.
• Has been a part of post payable team, handling exceptions, ERMs and email queries and resolving them on timely manner.
• Resolving exceptions, working on stale and no narration report, updating REMs narration.

• Cash & Position Recon: Core duty is performing reconciliation between Investment manager and other custodians which is for different regions Chicago, London, NY etc

• Ensuring with the start of the day whether SWIFT MT950 & MT535 have been received for all custodians or not

• Carry out Cash & Position reconciliation of breaking positions at a fund level on a daily basis

• Working with onshore NB Middle office team and also coordinating with front and back-office team and also with different department of the Investment manager and custodian for complete resolution.

• EOD Reporting’s, Maintaining Age Break Trackers, Posting Checks and Cash Postings.

Key Process Achievements:

• Improved process efficiency with high accuracy level.

• Restructured the SOP (Standard Operating Procedure).

• Independently worked in two process Cash & Position.

• Meet all SLAs as per the client agreement.

• Multiple times received appreciation from client for good performance.