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Pratik

In:

Submitted By Pratik87
Words 1019
Pages 5
Profile Summary:
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A capable, ambitious and successful investment banking professional with 3+ years of experience, who possess a broad and deep knowledge of Prime Services Stock Lending and Borrowing business. Gained expertise in cash collateral, Stock Loan billing, Trade Support , Equities Settlements and Reconciliation of securities Lending business / Stock Borrow Lending.
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------------------------------------------------- Associate Process Manager at Eclerx-Credit Suisse

Process: Stock Borrow Lending- Billing EMEA and NY (Equity Middle Office Operations)
Period: Since Mar-2015 to till date.

Roles and Responsibilities: * Settlement of SBL fees, rebates with various external counterparties, prime brokerage clients, PTH accounts and Platinum clients. * Reconciliation of Statements for settlement of fees. * Reconciliation of cash A/c’s (Intellimatch nostro) * Daily Reconciliation of BM vs Peoplesoft * Month end Glass reconciliation of pay-receive accounts in Peoplesoft. * Daily reconciliation of Intercompany accounts. * Working closely with Clients, Technology and various internal counterparts to ensure efficient client service. * Advise cash management team to ensure correct cash funding before currencies deadlines * Ensure all nostro breaks are reviewed as per defined age bracket and SLA (Service Level Agreement) with client money segregation. * Ensuring all the stock loan bills are settled in timely manner by liaising with trading desk and counterparties * Allocation of fees, rebates and auto borrow cost to correct P and L account * Ensuring all payments are timely released before currency deadlines by verifying all necessary documents.

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