Adi
Finance Senior Analyst
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About
Financial Analyst in Asset Servicing (Claims Payables & Reconciliation) with 1.6 years of experience in managing trade settlement, payments, nostro breaks, Corporate Actions (mandatory & voluntary), & MIS reporting for a Tier-1 Global Investment Bank. Served as Team SME with hands-on knowledge of DTCC, Euroclear, and TLM. Proficient in SWIFT MT202/MT103 confirmations, FATCA (W8/W9) compliance.
Recognized for rapid promotion, mentoring 3 team members, and receiving the Value Award for performance.
Experience
Financial Markets - Senior Analyst at Eclerx (2024-12 – Present)
- Claims & Settlements
- Managed end-to-end claims processing and settlement across Market Claims, Repo Claims, and Open Borrow/Loan transactions in multiple currencies.
- Processed and settled claims using SPO and Claims Connect, ensuring timely resolution and adherence to SLAs.
- Performed detailed validation of claims against internal systems to ensure accuracy, completeness, and compliance.
- Utilized DTCC to verify dividend cash rates, corporate action event details, payout status, and claim validity (open vs. previously settled).
- Ensured accurate processing of dividend (equity) and coupon (fixed income) payments across multiple currencies, including restricted currencies (TWD, PHP, MYR, THB), averaging 200+ payments monthly with full regulatory compliance.
- Interpreted and processed a wide range of SWIFT messages (MT103, MT202, MT564–566, MT199/299/599, supporting trade lifecycle, corporate actions, and cash settlements.
- Resolved 50+ aged claims (365+ days) within 6 months through direct counterparty engagement and reconciliation.
- Executed 100+ UAT payment test cases weekly, ensuring system and process accuracy.
- Managed spillover files (~60 USD BroadRidge aged breaks daily), performing investigation and coordinating with brokers for closure via SPO.
- Reconciliation & Controls
- Investigated and resolved 200+ cash and ledger breaks monthly using TLM, including inter-system and position mismatches.
- Reduced overpaid balances by 80% (USD 10M → USD 2M) through reconciliation analysis and counterparty negotiations.
- Partnered with counterparties to obtain supporting evidence for overpayments and ensured recovery via correct SSIs in coordination with receivables teams.
- Collaborated with traders, middle office, and client operations to validate trade bookings, resolve discrepancies, and ensure timely settlements.
- Prepared Client Money reports ensuring full segregation and safeguarding of client funds.
- Ensured FATCA compliance by validating W8/W9 documentation with tax teams.
- Corporate Actions & Payments
- Processed 1000+ SWIFT payments and wire transactions with zero escalations, ensuring compliance with cut-off timelines and risk controls.
- Managed ACK1 reporting in coordination with Euroclear and Treasury teams to ensure timely fund release and value-date settlements.
- Worked across platforms including TLM, GCMS, PSF, Treasury Passport, Euroclear, DTCC, and SWIFT for settlements, reconciliations, and corporate actions.
- Maintained and validated static data (SSI, broker setups, client records) ensuring accuracy and control.
- Monitored debit accounts for a Tier-1 investment bank, optimizing cash positioning and escalating exceptions within SLA.
- Liaised with clients, brokers, traders, and global teams to resolve exceptions and manage escalations.
- Maintained communication via calls, emails, and shared mailboxes, ensuring timely issue resolution and stakeholder alignment.
- Ledger & Accounting
- Posted and validated general ledger entries, ensuring accurate income recognition and cash movements across entities.
- Reporting & Governance
- Generated and reviewed RACS reports, aged/unclaimed claims, and intercompany reconciliations.
- Supported internal and external audits with documentation and control evidence.
- Delivered training and knowledge transfer sessions to new joiners.
- Conducted quality checks, identified process improvement opportunities, and updated SOPs to enhance efficiency and control.
Education
Bachelors – Savitribai Phule University (2020 – 2024)
HSC - Maharastra STate Board – SNBP Jr College (2018 – 2020)
SSC - ICSE Board – Royaal World School
