Priyanka Patil
Fort Lauderdale,FL
Summary
To obtain a challenging position in an organization where my knowledge, skill and experience will be utilized to achieve organizational goals and for my personal enhancement.
Overview
10
10
years of professional experience
Work History
Exempt - Non-Officer in Asset Services- Corporate Action
CREDIT SUISSE SERVICES (INDIA) PRIVATE LIMITED
Pune, Maharashtra
01.2021 - 04.2023
- Responsible for Control reports preparation for Ex Date, Record Date and Pay Date report of Prime Brokerage and non-Prime Brokerage APAC and EMEA Entities
- Taking ownership from APAC prospective control reports and make sure these are under control
- Reviewing and validating the Mandatory corporate actions events
- Operations of Dividend Corporate Actions - Reconciliation and Equity Accruals of Cash dividend and Dividend with option(DVOP), Currency election Events, Return of capital Events, American Depositary Receipt (ADR), and Global Depository Receipt (GDR) of APAC and EMEA entities
- Core Dividends: Investigate and rectify discrepancies related to accrual processing on Ex-dividend ,validating Depot payments ,SBL positions and failing market trade over the record date of event, and processing event on pay date once payment received from custodian bank Via MT566
- Have good control on Nostro Accounts through Intellimatch application, working on unmatched items, investigate and clearing the aged breaks.
- Monitoring and reviewing all BAU Activities with the team to make sure to complete it within the deadline
- Handled the High Volume season such as Japan, Korea and Australia's Volume season single handedly and reduce dependencies
- Asset servicing Income Team to review maturity trades and, settling claims with external and internal counterparties which are processed by team
- To settle the claim amount with the internal and external counter parties in case of agreement wire payment (MT202/MT103) by providing the SSI's (Standard settlement instruction)
- Setting up of the SSI's in the system from reference/static data team for processing the claim payments
Analyst
Wipro Limited
Pune
12.2017 - 08.2018
- Asset Servicing Income (reconcile & accrue Book / Stock Loan Borrow positions as of ex-date, record date.) on APAC Side
- Investigating swift messages like MT564 / MT566 for mandatory Corporate Actions (CA) events & accrue payments on Pay-date
- Use of Intellimatch tool for matching posted ledgers with statements credited by agent banks, FT's and late tagging
- Open / Review / Amend books of Mandatory CA events and align client holdings with custodian holdings
- Processing of claims relating to failed trades via swift MT202 on daily basis
- Client Money Segregation: Segregation of funds from firm account to client account by creating swift MT202, later claiming counter parties for the same
- Processing all necessary checks for entire Corporate Action part of Cash Dividend
- Open Item Manager for closing ledgers related to book, SBL, trade claims and swarm payments
- Discrepancies and exceptions need to be resolved promptly
- Start investigation with Custodians or Issuer
- Liaising with different counterparties and internal teams to agree on discrepant positions and make payments accordingly
- Sending SBL claims (payable/receivable) to internal teams on weekly basis and process payments within deadlines
- Handling client queries & queries raised by internal departments (Settlements, Trading department.)
Associate Consultant
Capgemini India Pvt. LTD
Mumbai
08.2014 - 10.2017
- Capturing Mutual Funds Securities & corporate actions in IT data system & ensuring that the same is correctly reflected in the books of the client system
- Researching & updating information through PDS, SID, Factsheets & Dividends online available regulatory sites
- Ensuring newly launched funds are added to internal databases and external data providers are notified, as well as, deletion of Fund/Accounts that have liquidated or close
- Working on multiple jurisdictions on particular geographical locations
- (Asian, ANZ market) Performs in a variety of functions and activities for assigned group such as distributions as Dividends, corporate actions like Merger, Name change, Closure of MF in order to produce accurate NAVs
- Assist in the development of test data and participate in testing of new system releases where applicable with the implementation of new standards when necessary
- Do key performance indicator (KPI) of team member to avoid internal as well as externals errors Conducting session for improvement of team quality, productivity and accuracy of process
Summer intern in Capital market research
Religare Securities Ltd
Mumbai
04.2013 - 06.2013
- To study & observe pricing market economy, fluctuations
- Assist to senior to maintain database of clients in book records of trade's details
- Maintained KYC documentations of customer.
Education
MBA/MMS (Finance) -
Jankidevi Bajaj Institute of Management Studies, SNDT University
01.2014
BCOM -
R.K.Talreja College of commerce, Arts and science, Mumbai university
01.2011
Skills
- MS Office
- MS PowerPoint
- MS Word
- MS Excel
- Financial Modelling
- Certification of NCFM Mutual Fund - Beginner's Module
- Attended certified Workshop of Sharekhan on capital market and security markets
Career Break
- Sept 2018 – Dec 2020 - shifted from India to fort lauderdale Florida on dependent visa H4 where I cannot remain employed due to immigration reason.
- From May 2023 to Present Date - i am off from work due to my childcare responsibilities
Accomplishments
- Won the four Spot Award Rewards certifications for excellence in customer delivery in 2015 and 2016 (Capgemini) and Credit Suisse (Oct 2021)
- Achieved higher incentives in every month production and in quality level.
- 100% productivity every month.
- Appreciated at team level for imparting trainings.
Languages
- English
- Hindi
- Marathi
Hobbies and Interests
- Cooking & Food blogging
- Travelling
Projects
Comparative Study on Customer Satisfaction of Internet Banking Services between Public Sector Bank and Private Sector Bank, Yearlong project on Comparative Study on Customer Satisfaction of Internet Banking Services between Public Sector Bank and Private Sector Bank. Sectorial Project On Tourism Management, Sectorial Project On Tourism Management.
Disclaimer
I hereby declare that the above information is true and correct to the best of my knowledge.
Timeline
Exempt - Non-Officer in Asset Services- Corporate Action
CREDIT SUISSE SERVICES (INDIA) PRIVATE LIMITED
01.2021 - 04.2023
Analyst
Wipro Limited
12.2017 - 08.2018
Associate Consultant
Capgemini India Pvt. LTD
08.2014 - 10.2017
Summer intern in Capital market research
Religare Securities Ltd
04.2013 - 06.2013
MBA/MMS (Finance) -
Jankidevi Bajaj Institute of Management Studies, SNDT University
BCOM -
R.K.Talreja College of commerce, Arts and science, Mumbai university
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