Back office

Kannojia Prakash Kaushal

*/**, ****** ***** **** Sangh, Opp. 178 bld., Kannamwar Nagar-2, Vikhroli(east), Mumbai- 400083.

Mobile: 845-***-****

Email: ********@*****.***

Objective- To contribute superior project and operations management skills and experience in Trade Management role.

Work Experience- June 7 2021 to till now at SS&C Globeop

Work Profile- Collateral Management

Responsibilities:

1- Reconciliation of prior day trades.

2- Booking of margin calls.

3- Creating payment and receipt wires on client system.

4- Processing interest calculations during monthends.

5- Verifying balances between counterparties and clients.

Work Experience - February 13 2017 – June 4 2021 JP Morgan Chase and Company

Designation – Operation Analyst

Work Profile – Collateral Management

Responsibilities:

1- Support a high-quality dispute resolution process and an effective management of risk through the investigation and reconciliation of Client assets

2- Analyzing and resolving daily trade discrepancies in Tri-optima (recon application) through communication with respective counterparties.

3- Working with Counterparty on Legal entity & different agreement issues.

4- Performing IM reconciliation and resolving the breaks on daily basis.

5- Setting up the new funds in system for reconciliation.

6- Handling client queries on valuation statements ranging from complex MTM challenges, liaising with pricing desk to provide securities prices and investigating all issues related to MTM valuation statement received from clients.

7- Active participation in process improvement initiatives and working closely with technology teams to reduce manual process.

8- Partnering and networking with various teams in the organisation like trading, marketing and pricing desks to understand and meet client’s requirements on timely manner.

9- Supporting broad variety of products like bonds, swaps, equity derivatives, commodities, FX products etc.

Work Experience - October 1 2015 – February 10 2017 for State Street Syntel Services Pvt. Ltd.

Designation - Senior Associate

Work Profile – Collateral Management

Responsibilities:

1. Coordinating with bank and broker to settle the trade.

2. Update comments in fail station which reported by bank or broker.

3. Providing updates to internal accounting team regarding accounting breaks.

4. Working with Broker SSI team to update broker’s SSI.

5. Helping bank and broker to get correct instruction.

6. Processing, Validating and responding to margin calls from brokers at a portfolio level, and comprehensive monitoring of trade transactions.

7. Booking of trades into system to send directives to Custodian for receiving/posting Collateral.

8. Support a high-quality dispute resolution process and an effective management of risk through the investigation and reconciliation of Client assets

9. Analyzing and resolving daily trade discrepancies in Tri-optima (recon application) through communication with respective brokers.

10. Preparing weekly exposure & collateral reports all the brokers and discussing them on calls.

11. Working with Broker and Client Legal Department on Legal entity & different agreement issues. Such as account rollup issue (Child parent account relationship)

12. Serving as first point of contact for audit and Collateral related quires from Across All Clients, Banks and Audit Teams.

Work Experience - May 14 2013 – September 30 2015 (above 2 Year’s) for State Street Syntel Services Pvt. Ltd.

Designation - Senior Associate

Work Profile – Trade processing of FX and FI trades, settlement of FI trades

Responsibility –

Create reports and present updates to senior management.

Monitor transaction flow and work load balance to maintain peak efficiency.

Maintain an effective network of contacts to improve the efficiency of the settlements team.

Respond promptly and accurately to front/middle office and client service requests/inquiries; foster positive relationship with front/middle office and client service and ensure day-to-day satisfaction through personalised interaction.

Provide approval/verification function for transactions completed by team.

Provide processing support to assist team with high volumes or resource shortages.

Duties -

Processing security trade transactions in Trade Management System (TMS).

Matching of Security Trades, based on details received from Client (PIMCO) and Brokers

Issuing settlement instructions via SWIFT / fax for trades and other transaction types to Custodians within agreed timescales

Following up of queries with Clients/Brokers and daily checking of failed trades information received from Custodian

Settlement of Money Market Trade in Austraclear Market as well as New Zealand market.

Maintaining details of Broker/Counter-party Standing Settlement Data in system

Summary of Qualifications-

Education

Graduation/Post Graduation Specialization Month/Year Of Passing College Name University Name Final %age / Grade Obtained

MBA Finance 2018 ITM ITM 60%

Graduation BMS(Finance) 2013 Ramniranjan Jhunjhunwala College Mumbai University 61%

HSC Commerce 2010 Vikas College Pune Board 68%

SSC 2008 Sandesh Vidhyalaya Pune Board 70.30%

Computer Literacy- MS-CIT, MS-Excel

Achievements- Awarded with Syntel Champ as well as Value awards (Spot recognition)

Date of Birth- July 13, 1993

Languages Known- English, Marathi & Hindi

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