R V Siva
Address:
People Flats, Nerkundram
Chennai – 600107
Contact Information:
Mobile: +919*********
E-Mail Address: ***********@*****.***
OBJECTIVES
Aspiring to be associated with a reputed organization and work in a challenging environment where my skills are utilized fully. Looking forward to work with commitment and dedication.
EDUCATIONAL QUALIFICATION
De DEGREE
UNIVERSITY
CLASS
M.B.A (Master’s Degree in Business Administration specializing in Finance &Human Resource)
UNIVERSITY OF MADRAS
First Class
May 2009 -2011
Aggregate of 8.0 CGPA
PROFESSIONAL PROFILE
Presently working for BNY Mellon as a Process Lead from June 2015 to till date
Worked with RBS as Officer in Cash & Payment Investigations
WORK EXPERIENCE:
BNY Mellon ( June 2015 – Till date)
Process Lead -Handling two teams with a total strength 12 Members
Management Company Support
The funds which involves Transfers, Liquidations, new account, Subscriptions, Redemptions, Share Balance and Net Asset values to specify some of the aspects.
Collecting and presenting the report as per the Custom Instructions that include expected delivery time, Security, Reporting Vehicle and distribution Requirements for all the 54 Management Companies as per the periodical requirement - Daily Weekly, Monthly and Quarterly.
Preparing the monthly MIS and Monthly presentation for management and client
Proactively reviews, recommends and measures changes to processes on the account to bring about continuous improvements
Identifies ways to maximize the client brand by periodically checking with the client for new updates and changes in the procedure
Define, monitor and report KPIs and performance measures to make sure that the global recruiting function meets its objectives
Segregation of Duties
The primary purpose is to prevent and promptly detect errors or irregularities and escalate within the group by highlighting it as a red flag
Reviewing and analyzing suspicious and unusual patterns of activity
Responsible for smooth and error free processing of redemptions(Ach/Wire Transfer) within TAT
Ensured that regulatory, legal, bank and audit requirements are met by conducting periodic Audit for the Team by reviewing samples on a daily basis and reporting it to the management
Prepared the Standard operating Procedure for 15 reports
Abide by the procedures in doing all activities to support the department in achieving good audit rating in the audit conducted by the Quality team
Trained a total of 11 members which includes the new comers. Team lead and bcp team(pune)
Royal Bank Of Scotland (July 2011 – Nov 2014)
SEPA Direct Debit
SEPA or Single Euro Payments Area is a project by the European Commission, the European Central Bank and European banks, whose work has led to an EEA-wide home market for payment transfers.
Roles and Responsibilities: Authorizer/Verifier
Business Monitoring
oEnd-to-End Transaction Monitoring & Settlement process(For Real client and Dry run transactions).
oReconciliation activity for all 18 countries Nostro and Internal Accounts(SEPA).
Query handling & Investigation
oHandling SWIFT queries received from client, correspondent bank and other FI’s MT 190,191, 192, 195, 196, 199 & MT910
Defect analysis & Work Around
oInitiation Payments (Dry Run) to identify the defects within the payment system and providing workaround to operations
Process Improvement & Standardization
oAssisted in the identification, prevention and detection of potential suspicious and/or unusual activities, transactions and/or customer behavior by performing transaction analysis, investigations, and monitoring account relationships.
Cash & Payment Investigations
Roles and Responsibilities: Officer
Processing Payments like MT103, MT202 & MT202COV, Book-to-Book, MIFT payments, Paper voucher processed via clearing mechanism like EBA, TARGET.
Managing operational escalations & disputes, Contact banks via swift and escalate the issue based on sensitivity.
Handling regular Global Transaction operations like Inward/Outward remittances, FX rates payments
Handling of Nostros charges and Reconciliation process on daily basis.
Processing of payments with SCORE applications like Financial Transaction System (FTS) and Foreign Payment Services (FPS)
Work Achievements
BNY Mellon
Recognized several times as Best Analyst for the period 2015 - 2017
Awarded for Business Continuity Management – Chennai Flood 2015
RBS, Chennai
Identified the client transaction (High-Value) got rejected due to technical issue and reported to client with his approval payment was processed out-of SEPA frame work on the same day to avoid late payment fee. Simultaneous incident has been raised to know the root cause of the issue and it has been identified and reported as system defect.
Identified the client transaction has not been processed Straight Through Processing (STP) and funds are lying in internal accounts due to technical issue and credit has been posted to client account manually on the same day (good value).
Identified defects while testing DRYRUN transaction in the payment system and reported to technical support team with work-around solution.
Setting up auto-match in IntelliMatch application (Reconciliation Tool) for 18 countries Nostro and Internal accounts (Bulk Matching).
Supported periodic AYIC check conducted by Risk team every month.
Managed and handled team of 6 during the absence of the Team Leader
Awarded "Spot ovation” in the year 2011 and 2014 for learning the process and procedure within short span of time and for exceeding the daily targets without any errors respectively, also supported other team’s process
Prepared complete Process procedure document for Sepa Direct Debit process
Process improvement – Lean project prepared Audit Checklist for the team
CERTIFICATIONS
Completed Industrial Essential Training Program (IET)
Nominated for Young Leadership Program, an evaluation course conducted to groom myself for the next level in my career ladder
PROJECTS HANDLED
Initiated an workaround to reduce the dependency on the system (SuRPAS) and it is still to be implemented
Implemented a workaround to reduce the time taken for the navigation on a system called FSR
REFERENCE’S
Mrs. Priya Mahadevan
Manager
Bank of Newyork Mellon
Mobile – +91-984*******
Mr. Rajkumar Somasundaram
Manager
Investigations Dept.
Royal Bank of Scotalnd
Mobile – +91-971*******
I hereby declared that all the details given above are true up to my Knowledge.
Date: Yours faithfully,
Place: Chennai R.V.Siva