SIVAPRIYA SUNDARRAJAN

Associate within Consumer and Wealth Management Division’s Private Wealth Management, which works with internal teams, counterparties and vendors to provide effective transaction processing, Tax reporting and exceptional client service that both guards the Firm’s capital and reputation while creating measurable value for the Firm and its clients.

Portfolio and Tax Reporting

• Review and Validate all aspects of client positions attributes that flow into PWM monthly statements, annual tax reports,
• Identify exceptions and perform data cleanup where necessary
• Liaise with internal and external teams to drive process improvements
• Review and analyze any taxable activity on accounts Review requests for jurisdiction specific tax reporting for US, UK, German, Swiss, etc.
• Identify cost basis exceptions to ensure accounts are in compliance.
• Monitor, analyze and verify incoming assets to ensure it complies with the Firm’s tax reporting policies. These asset attributes include: quantity, price, cost basis, taxlot, realized gain/loss, proceeds, performance returns/calculations, account fees, and any additional attributes required for tax reporting

Asset Transfer and Authentication Reviews:

• · Review, validate and submit Automated Customer Account Transfer Service (ACAT) requests for transfers coming into the Firm. Ensure proper client approvals and documentation has been received in order to mitigate fraud, financial, reputational and regulatory risk.
• · Review all the transfer requests to deliver assets out of the Firm and validate eligibility.
• · Liaise with internal Private Wealth Management (PWM) teams and contra firms to resolve any discrepancies that arise and ensure assets are received and delivered successfully.
• · Review all incoming assets to ensure they comply with Firm’s policies to mitigate regulatory risk as well as Firm’s ability to hold.
• · Monitor, analyze and verify incoming assets to ensure it complies with the Firm’s credit policies.
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• Risk Mitigation and Exceptions Processing:
• Review and analyze any activity on accounts that are transferred out through ACAT to mitigate any risk.
• Review requests to temporarily reactivate client accounts to ensure client account is not impacted.
• Identify transfer exceptions for account reactivations to ensure accounts are in compliance.
• Review/monitor all ACAT activities for the Firm using DTCC web portal in order to confirm if the transfers have been processed appropriately.
• Monitor ACAT activities that are split across 11 different cycles throughout the day.

Business Resiliency:

• Ensure department’s ability to quickly adapt, operate, and recover from disruptions while safeguarding its people, assets and reputation.
• Provide analytical support, quantitative measurements, and analysis to the Business Continuity stakeholders.
• Conduct quarterly testing to ensure business continuity using the OBR (Operations Business Resiliency) Tool to confirm compliance with cross regional handoff and work from home requirements.

• Worked with diversified global infrastructure, finance and media company, General Electric, that is built to meet essential world needs which includes products and services in the field of media, aircrafts, health care, industries and transport.

• Worked with a leading global investment banking, securities and investment management firm, Goldman Sachs that provides a wide range of services worldwide to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals.

• Worked with one of the leading Life insurance, Individual and Group Annuity Products Company MetLife Insurance
• The system addresses Annuities for its Customers and maintains the different Annuity products and funds
• The Annuity System is a host based system
• The Host Operations team executes 24
• 7 Production On-call support, Remediate production discrepancies, supports daily functions and automation of important but lengthy task.