Asset Transfer- Wealth Management at Citi (2025-01 – Present)
- Works for global asset transfer, analysis and investigation of the trade fails and informing that to business for further action.
- Instructing transfers for multiple settlement locations and monitoring in different time zone to avoid settlement failures.
- Cross border transfer of assets from one Market to other market, Also one account to other account.
- Instructing transfers as per the client requirements of CBO and NCBO transfers.
- Placing instructions in CDS, preparing MT599 for Fiscal tranfers with Fiscal details.
- Hands-on working knowledge about DRS and Dump Transfer.
- Creating instructions based on client confirmation and releasing to market for settlement.
- Co ordinates with custodian for bridge eligible ISIN to perform cross border transfer.
- Updating cost and acquisition date to know about the profit/Loss.
- Removing pledge based on clients requirement.
- Co ordinating with counterparty for their standard Instructions TD and SD amendments to avoid CSDR Market charges.
- Reconciliation between market and system. Investigation of breaks and reports to clear breaks.
- Updating reports to clients based on daily activities.
Trade Settlements(Clearing & Custody) at BNP Paribas (2021-09-01 – 2025-01-11)
- Performing Equities, Corporate bonds and Government bonds.
- Clearing and custody settlements activities for Singapore market.Ensuring all trades are instructed, matched and settled at cutoff and monitors the failing trades also chasing counterparty on daily basis.
- Prematching of trades and alert client about buy in risk and following up with client and counterparty prior to value date.
- Monitors on borrow booked upon client confirmation to cover the buy in and also to avoid settlement failure.
- Posting entries related to charges,fees and align with cash management.
- Analysis cash and securities break and does required action to clear the breaks.
- Working knowledge of Swift messages(MT54X) messages and also Fixml messages.
- Works on payment messages MT202, MT103.
- Checks repairs trades and request for setup.
- Acts as an intermediate between different teams requirement and the spoke location.
- Performing on market executions for third party clearing activities.Client reporting and make sure all queries are addressed on timely manner.
- Reconciliation between market order and client orders on the trade date to get the actual flow of trades for the value date.
- Reconciliation between market and system. Investigation of breaks and reports to clear breaks.
- Checks for right transfer agent and process ADR transfer as per client booking.
- Performing ETF transfer,Suspended stocks, cross border transfer and warrants.
- Act as account manager for branch clients and ensure timely response to client queries related to security details, Claims, tax processing, Corporate action events and account opening/closing request.
- Calling counterparties and updating to clients in the critical events before the cutoff.
Fraud and claims specialist at Wells Fargo (2021-02-01 – 2021-08-15)
- Worked in Debit card operations
- Co-ordinated in pre authorised payment cancellation system team
- Looked for recurring payments and made stop payment to control duplicate payments.
- Learned about Regulation E for controlling fraudulent activities.
