1. Immaculate Anusha Raj
No 3 Muneshwara Temple Building 24th D Cross
Ejipura Bangalore: 47
OBJECTIVE ________________________________________________
My primary objective is to ensure I continue to learn and deliver while enhancing my knowledge that
would help not just my career but the company’s betterment from my services.
EDUCATIONAL QUALIFICATION _________________________________
Bachelor of commerce 2008
University of Mysore Karnataka, India
VISA STATUS_________________________________
VISA INFORMATION: Existing B1/B2 visa to the United states valid through 2021
PROFESSIONAL EXPERIENCE
GOLDMAN SACHS SERVICES PVT LTD June2008- January 2011
Responsibilities:
Client On Boarding:
Onboard a client by setting up accounts internally with the data provided by the client data
management team.
Due diligence and ensure information to set up client account is up to date and valid with the help
of various internal resources.
Maintain client confidentiality while updating sensitive information e.g.: fax numbers of the
client with cent percent accuracy.
Complete allocation of work on a daily tat basis.
Dividends:
Identify dividends to be claimed and owed to various counter parties on the back of Market
failed trades.
Ensure the dividends claimed are sent to the correct counter parties.
Pay dividends to counter parties as and when claimed as well as identified.
Ensure wire details of counter parties are up to date and accurate as payments were made on a daily
basis to them.
Provide accurate data to counter parties on request and maintaining a good relationship with them.
Brokerage Clearance & Exchange:
Ensure receipt of invoices from various brokers on a monthly basis.
Reconcile the trades and brokerage charged on the invoice internally with the help of various
2. systems.
Ensure fee schedules and invoices paid are up to date.
Maintain healthy relationships with the brokers.
Accruals of invoices on a monthly basis.
General ledger reconciliation to confirm payment has been made accurately along with client money
being accounted for.
JP MORGAN SERVICES PVT LTD March 2011 Present
Responsibilities:
Mutual Funds:
Facilitate transfer in & out of mutual fund client positions
Reconciliation of JP Morgan client books with clearing agent Charles Schwab, and various funds
direct companies, where client were held positions directly.
Ensure every break, with position mis match was identified on time and reported appropriately for
timely adjustment
Responsible for internal account transfers between JP Morgan client books
Make inter account journal adjustments of trading accounts through general ledger postings
Preparation of high level reports to management groups at donor location(New York)
Speaking to fund companies when position files were not present to reconcile and identify
electronically
Timely escalation of instances where breaks had trends and identification ways to reduce breaks
NON ACATS Transfers:
Ensure timely updates of coded tiff paper work sent my donor location
Reports prepared and maintained on a daily basis for metrics
Follow up calls on all transfer paper work coded until completion
Query resolution on all possible issues with transfer of Mutual funds, cash positions, foreign
assets etc.
Interaction with various contra firms in order to complete the transfer as per sla
Ensure rejection and de coding of transfers that were either completed or rejected
Resolve queries through online internal systems to ensure the concerned FA is aware of the account
transfer status
Cross trained on ACAT rejects with respect to transfer rejections and ensuring all soft reject adjustments or
updates are made on transfers rejected by the contra firms. Hard rejects were informed to onshore management
for timely resolution.
Settlements:
Cash Margins:
Work on cash margin repo trades and ensured all payments and receipts were coded and settled in the
marked accurately as per currency and entity in our system as per the settlement date
Ensure payments due to counter parties were made prior to currency cut offs to avoid market exposure
that could be a potential loss to the firm and damage firm reputation
3. Ensure all receipts are coded prior to settlement date to avoid kick back of funds due to the firm
Perform a recon between the our file versus our live trading feed to ensure all unapplied cash has
been accounted for
Highlight all non receipts to the middle office to ensure completion prior to market close
Daily interest due to counter party or receipt to the firm are provided by our MO, we ensure the trades are
netted and paid or claimed accurately from the counter party to avoid over payment
Perform necessary QC checks prior to payment release
Ensure SSIs used are accurate prior to payment, and performing call backs based on the Global Fund Transfer
policy
Shorts Fails management:
Work on failed trades through an internally created dashboard, ensure all trades where we are due
to receive positions (CLAC) are chased on and stock due to others are checked and offered as partials (LACK)
Ensure to check depot prior to following up with the counter party
Ensure all high nominal trades are monitored and if positions are available in the depot they are
offered as partials to the counter party which reduces the fails exposure
Post agreement ensure cash and stock are split accurately and process the trade split only in the EUROCLEAR
market
LCH reporting:
Work out of the LCH portal, download certain files and upload the same on the internal drive that matches all
trades traded on the LCH platform
Net trades in the French and Spain market from files downloaded from the portal, reporting all unmatched
trades to our management to ensure trade does not fail in the market
Report end of day unmatched and settled positions as per the failed trades file
Rejects processing:
When a settled trade has been amended in either the front office or middle office systems, it falls into the
rejects Que. which is managed by our settlements team, there could be various error codes of which our team
manages about 5 error codes
These amendments do not flow into the back end systems because these trades are already settled down,
creating a break which needs to be processed.
Risks involved is, cash amends cannot be made as trade already settled, while processing, need to ensure dupe
instructions are not sent to the market. Also need to ensure the trades deleted have replacements
ACHIEVEMENTS_______________________________________ _______
Core member of team in clearing back log of invoices due to clients
Lead junior team members in absence of Team lead
Organised training plans for new graduates
Awarded extra miller awards in recognition of tasks that benefitted the control & efficiency of the
team
Been responsible for two successful migrations with the mutual funds process
Supervised the team in absence of team lead, also responsibility of performing and assigning key
4. tasks on behalf of the team
Awarded change management award for improving and streamlining an existing process saving time, by
making better use of systems
Successfully performed the FMEA model for the mutual fund process that helped bring in efficient
controls and macros that saved time
Identified as a key point contact by onshore locations
Identified as an integral core member during the streamlining of functions
Feedback by senior management states strong communication and analytical skills
Responsible for ensuring call backs on delivery check instructions are performed accurately by the
team (ad hoc service provided to stake holders in addition to transfer follow ups)
Core player during reverse migration of the NON ACATs process
Received feedback in being passionate towards resolving IT issues for LCH and during BCP situations being
an integral team member in resolving knowledge gaps with the middle office teams
Cross trained in 4 settlement functions in short span of time
DECLARATION________________________________________ _______________
I hereby declare that the above furnished information are true to the best of my knowledge.
Thank You.
Date:
Place: Bangalore
(Immaculate Anusha Raj)
Ph: +91 9620139387