D Tarun Kumar

Experience

• 

  State Street

  Jun 2022 - Apr 2025

  -Working on process set up for new U.S regulatory reporting requirement -“Tailored Shareholders Report”-Attended client calls, addressing client queries on the regulatory requirements and processing client comments in a timely manner inorder to ensure clientdeliverables due date are met.-Prepration and Review of “Tailored Shareholders Report” of US Mutual Funds according to new rule and client specific requirements. Established a closeworking relationship with onshore counterparts for any requests.-Deep working knowledge in Confluence - Unity software.-Training team members with the new process workflow. Show less - Primary responsibility is to monitor trade settlements as per instructions received from Investment Managers and clients.- Responsibility i s to provide necessary services as required by client and provide solutions to trade related query.- Research includes reviewing relevant corporate Actions, FX transactions reaching out to trade monitoring global transaction processing team, DTC settlements team to ensure successful trade settlements.- Acting as liaison to set-up an access for client in the system- Responsible to send month end holding reports to clients and internal stakeholders for audit and reconciliation purpose.- Responsible for set-up standing instructions for FX trade auto repatriations.- Recognize as part of cash team with main aim to resolve cash break (Related to Trade, Cash Wire, Dividend, CA, Loans) for the whole team. Show less

  • Associate 2

    May 2024 - Apr 2025

  • Associate 1

    Jun 2022 - May 2024
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  BNP Paribas

  Apr 2025 - now

  Associate L1

  -Managing settlements of Stock Lending and Borrowing across all Eurozone markets, Scandinavian Markets, Emerging Markets-Managing settlement of both Equities and Fixed Income as per market practices and Trade agreements.-Checking and following up with Collateral and FO to cover short position through Triparty recall and New Borrows.-Managing settlements through Euroclear and Clearstream Platform.-Realignment of position as and when required for settlements of trades either domestic or Cross Border.-Strong knowledge about Trade Life cycle, Settlement cycle and Application-Making sure all trades are released into market onT+0 so that any discrepancy can be managed prior to Value date.-Proper follow-up with regard to high value trades and keeping FO and management aware about any critical issues related to settlement.-Making sure deals are settled on time so that dependant team are not getting affected through timely follow up with Custodians.-Timely settlement of Trades to avoid any Buy-in risk and failure cost-Good knowledge about Rebates and Fees calculation-Strong knowledge about Swifts, Euroclear and Clearstream application related to Settlements Show less