KUMAR VALLEPU
Scarborough, Toronto, Canada,ON
Summary
A highly skilled professional with more than 9 years of experience in Investment banking. Playing a significant role as a Team Lead with Cognizant Technology Solutions (client UBS project).
- Skillful in various middle and back-office functions operations, along with a good understanding of the Securities and Trade Life Cycle.
- Excellent Product knowledge of Cash and position Reconciliation, Custodian Accounts, Trade Settlements (FX products & capital markets), and Fixed Income.
- Leading team operations and Good understanding of Financial Markets and Capital Markets.
Overview
10
10
years of professional experience
Work History
Team Lead -Investment Banking Trade Settlements
Cognizant Technology Solutions India Pvt ltd
Hyderabad, Telangana
07.2021 - 01.2023
- Supervising manual payments (MT103, MT202, or cover payments) to send funds to the counterparty, in case of failures, delivering SWIFTs to the clients if necessary
- Handling Stamford post-settlement (T+1 & T+2) investigation of FXMM breaks and resolving them on time
- Spearheading timely settlement (T+1 & T+2) of all FX and Capital Markets trade, verifying all high-value manual payments
- Monitoring of all Nostro accounts to check that no single trade breaks are due for investigation
- Reconciling b/w front-office, middle-office & Back- office systems on the CTC application
- Resolving client queries via Emails or SWIFTs
- Preparing SOD and EOD reports daily.
Processor Credit
HSBC Electronic Data Processing India Pvt ltd
Hyderabad, Telangana
11.2019 - 07.2021
- Liaising between counterparties, clients, Client service representatives (CSRs) and Agents in the market to pre-match, match, and settle trades in the market
- Contacting the middle office team to amend Trades, re-book or Cancel trades as per Client needs and demand
- To work with various departments within the firm in order to improve efficiency and productivity
- Timely investigated trade processing exceptions and reconciled the breaks
- Developed training manually for new staff to ease the transition for new employee
- Weekly Governance pack call with onshore
- Monitor investors' clearing accounts or transactions
- Performed all the activities in the middle office (Trade Validation, Conformations)
- If necessary, following with agents or companies to action settlement or transaction requests immediately
- Reconciling the breaks as per the client's instruction and cleaning up the accounts daily on Application TLM
Process Specialist - Fixed Income Settlement
State Street HCL India Pvt.Ltd
Vijayawada, Andhra Pradesh
02.2017 - 05.2019
- Verifying and processing unmatched trades on value date and making them settle before market cut-off
- Worked on pre-match Equity, Convertible Bond, and fixed income trade instructions with custody and broker and need to send emails for unmatched trades prior to the value date
- Worked on failed trades and Buy-ins post-settlement date
- Have to prepare a failed report and publish the same with the client
- Follow-ups with clients in a timely, when unmatched breaks or settlement payments are not received on time through emails or phone calls
- Maintaining investors' records and settling the payments on investments
- Break investigation: -Investigation of the Breaks present in reconciliation & responding to client queries received over the phone and emails.
Senior Analyst - Investment Banking Reconciliation
Cognizant Technology Solutions India Pvt ltd
Hyderabad, Telangana
03.2013 - 01.2017
- Performing daily cash and position reconciliations
- Reconciliation of inter-system arising out of OTC Equity derivative, FXMM market, Cash Equities & FINA and also deals with Nostro reconciliations, etc
- Break Investigation: - Investigation of the Breaks present in reconciliation & responding to client queries received over the phone and emails
- Ensure the team quality scores meet the SLA requirements
- Manage and mitigate the all-risk breaks
- Responsible for supporting the team on process queries
- Ensure all process changes/updates are effectively communicated to all the team members.
Education
Masters in Business Administration - Accounting and Finance
Malla Reddy College of Egg & Tech
India08.2012
Bachelor - Commerce: Accounting and Finance
Pragathi Degree College
India05.2010
Skills
- Business Requirements management
- Quality Control
- Staff Training
- Quality Improvement
- Problem-Solving
- Team Building/Handling
Applications and Tools
TLM, PEGA, CTC, MUREX, WEBTICS, HUB, Bloomberg, MS Office etc.
Timeline
Team Lead -Investment Banking Trade Settlements
Cognizant Technology Solutions India Pvt ltd
07.2021 - 01.2023
Processor Credit
HSBC Electronic Data Processing India Pvt ltd
11.2019 - 07.2021
Process Specialist - Fixed Income Settlement
State Street HCL India Pvt.Ltd
02.2017 - 05.2019
Senior Analyst - Investment Banking Reconciliation
Cognizant Technology Solutions India Pvt ltd
03.2013 - 01.2017
Masters in Business Administration - Accounting and Finance
Malla Reddy College of Egg & Tech
Bachelor - Commerce: Accounting and Finance
Pragathi Degree College
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