Nishi Shethia

• Performed core depository functions, including asset verification, recordkeeping, and due diligence to ensure safekeeping of all assets.
• Conducted reconciliations in compliance with AIFMD/UCITS regulations, ensuring adherence to regulatory guidelines.
• Maintained and recorded all Assets under AIFMD and UCITS, ensuring ownership verification and up-to-date inventory management.
• Managed inventory, asset reconciliation, and safekeeping for both Luxembourg and non-Luxembourg region assets on a daily and monthly basis.
• Ensured complete asset inventory management through reconciliations while adhering to risk and compliance requirements.
• Performed comprehensive asset reconciliation across asset types - SWAP, ETD, Collateral, Repo, Forex, OTC transactions, term deposits, and placements.
• Liaised with external counterparties to obtain records and statements, ensuring accurate and timely reconciliations.
• Collaborated with internal teams to automate processes, improving efficiency and optimizing results.
• Assisted clients during audits and responded to auditor queries within strict timelines.
• Maintained close coordination with clients and counterparties to ensure 100% verification through accurate record management.

Income Processing - Bond Reconciliation

• Reconciliation of interest events with external market sources- DTCC and Euroclear, swift reconciliation, claims processing.
• Manual processing of intercompany payments, ledger postings (statement vs ledgers)
• Led UAT testing for automation project, offering system enhancement.
• Migration of legacy software to automated portal.
• Investigating and resolving of claims breaks in the recon portal.
• Backlog aged trades reconciliation and matching off accruals and GL's.
• Analyze process gaps and suggest improvements. Also manage daily operational and quality checks of activities.
• Process high volume during coupon season and pay dates with excellent accuracy and attention to details.
• Handling client queries and ensuring the accuracy of Financial and management accounting ledgers via strong level 1 control.
• Trained and managed analysts on all event level activities.
• Create, maintain and follow the process documentations as per the target operating model.

Corporate Actions

• Event setup and validation - Set up events in the system and validate the events with latest information.
• Pre- payment validation - Keeping the event ready with all the required information before receipt of the payment from the depository.
• Payment date processing - Processing of payments to clients on the pay date after receipt of payment from depository.
• Post payment reconciliation - Reconciling the payment received versus payment accruals generated by our system.

• Data analysis of past years.
• Reconciliation of data on the basis of time frame.
• Investigating and generating reports of payment receipts.