Manager Management

●Santosh H Rajak Mumbai, India adg49h@r.postjobfree.com Contact: +91-977*******

Asset Servicing ● Cash and Asset Reconciliation ● Corporate Actions

Extensive ability in bringing strategy, agility and delivering enterprise level solutions together with focused analysis

PROFESSIONAL VALUE OFFERED

Accomplished Reconciliation, asset servicing, client Conversion & change management.

Built a solid record of accomplishment and encroachment by handling high value & complex transaction for Global Income & Corporate actions business units.

Part of Asset Servicing, Banking.

In-depth knowledge/ Subject matter expertise for managing Global cash and good negotiator with ability to achieve positive outcomes that contributes to ongoing client relationships.

Functional expertise backed with managerial/leadership qualities and experience to support strategic decision making, proven success of achieving growth objectives within turnaround and rapid-change environments.

An excellent communicator with strong organizational, leadership, decision making, mentoring & relationship management skills while maintaining high standards of personal performance and professionalism.

Knowledge of Business Intelligence tool Such as Tableau, Power BI and SQL

CORE COMPETENCIES

Strategic Planning

Global cash reconciliation

Conversion & Change Management

Process Improvement

Compliances

Issue resolving

Stakeholder management

Lean Management

ORGANISATIONAL EXPERIENCE

JP MORGAN – CORPORATE & INVESTMENT BANK (CIB) May 2010 – Till Date

Fund Accounting - Team Leader

Monitoring cash & Asset reconciliation for various Mutual funds & Equity which includes Domestic and international Funds, Money Market Funds, Third Party Funds, Offline Funds. Interaction with custody to get proofing via OTM to get exception clear.

Performing through research on Income breaks i.e. Interest, Dividend, Dividends repatriations and Pay down.

Reconciliation between books of Custody & Fund Accounting.Research mainly done to get the Exception clear and to get the accounts in proof.

Working on Reconciliation tool such as TLM, IRECS, Aladdin and Handling critical clients.

System knowledge includes DTC, Bloomberg, IDC & in-house systems.

Training of new joiners and Quality checking of reconciled accounts.

Doing Follow-up with counterparties, OSD, NAV VAL on Weekly calls & mails to resolve the ageing breaks.

Responsible to review allocation data to foresee any challenges & collaboration required on allocation of date with Portfolio Managers.

Identifying and recommending tangible operational improvements, working with internal & external stakeholders to improve quality of reconciliation and reduce breaks with sub-custodians.

Timely processing reconciliation of beaks between various platforms within stipulated cut off’s.

Asset Servicing – Corporate Actions

Daily running OLE Reports to check corporate actions event on cusips and sedols for international and domestic Markets which help my team to know the daily volumes for the Beginning of the day.

Extracting information from Bloomberg for the event going to happen on EX date for cusips and sedols.

Maintaining Transactions processing proofs for quality review by manager.

Keeping track of timely sign off for the critical clients.

Managing Group mail box and making sure all queries emails related to BAU are responded within the day.

Performing research for Cash & Asset Reconciliation which are coded to COAC Hub.

Preparing MIS with reasoning for various Outstanding exceptions on COAC Hub for senior management Call with oversight Teams (Fund accountants).

Identified as escalation point for subordinates for the exceptional processing scenarios faced during day to day operations.

Authorizing daily transactions and ensuring work is completed within the specified time frame.

Identify, report and resolve all risk and compliance issues, breaches and suspicious activities to global management team.

Drive & lead process improvement and efficiency projects in adherence to implementation roadmap to future state of strategic projects across organization.

Actively managing transactions and always complied with evidencing of key controls & Standard Operating Procedures.

Support transition management (e.g. moving new functions to or expanding existing functions with partner sites).

Allocation of task and responsibilities to the team member to not only ensure timely deliverables but also create synergy within the team

Drive and lead quarterly Standard Operating Procedures (SOP) review, internal Audit, and Business Continuity Plan (BCP) testing with our onshore sites to prepare the teams for any given situation with no impact to our clients deliverables.

Actively participate calls with Management team to discuss, share and implement process improvement opportunities within the process

Support staff development through training and coaching and encourage experiential and other learning opportunities without impacting our deliverables.

Evaluating performance of the team members and ensuring necessary feedback is provided frequently to the respective staff within the team

Planned & implemented various User defined tools to automate transaction processing, completeness checks & meeting accuracy standards.

Closely working with stakeholders for resolution of queries of high-profile clients & recommend process changes requests to meet client’s expectation within stipulated time frame.

Identifying and recommending tangible operational improvements, working with internal & external stakeholders to improve quality of reconciliation.

PROFESSIONAL ATTAINMENTS

Highlights

●Developed skills to transition & Client management.

●Developed skills/subject matter expertise to manage settlement deal of underlying clients for stock & cash for mandatory and voluntary corporate actions & fund transfers.

●Projects – Robotics Formation on Basis of RCA, Submission of BRD for all the RCA codes.

●Successfully migrated the existing process on IRECS Lite Recon tool with new Recon output template.

ACADEMIC CREDENTIALS

Degree

Year

Board/school/University

Class/percentage

SSC

2004

(Maharashtra State Board) Sadhana Vidyalaya High school

Pass Class

HSC

2007

(Maharashtra State Board) Shri Bansidhar Aggarwal College

1st Class (72.00%)

Graduation (B.com)

2010

(University of Mumbai) Guru Nanak College

2st Class (58.00%)

Master in Financial Markets

2014

ITM college Kharghar

1st class

ADDITIONAL INFORMATION

Address

Chawl no 136 Room No. 15, Thakur chawl chafe gully, Sion- Chunabhatti, Mumbai-400022.

Languages Known

Date of Birth

Interest

Nationality

Passport no

English, Hindi & Marathi

25th October, 1984

Table Tennis, Listening Music, Cricket and Indoor games.

Indian

J9253727

References can be available on request

Contact this candidate