Ravishankar Yayathi

Profile Synopsis

Summary: A seasoned Banking professional with over 8 years of experience..

What do I have to offer (Haves): Funds Transfer, Treasury (FX & MM), Mortgage and Fixed Income (IB - Settlements)..

What do I seek (Wants):  Investment Banking (Fixed Income, Equities, Derivatives) and Treasury Ops in a reputed banking institution..

Ravishankar Yayathi's Profile Overview

Current Company Lead Analyst at Wipro BPO
Industry : BPO/KPO/ITES
Department: Operations, from Jan 2009 till now

Job Description : Working for Fixed Income Securities (Settlement) Operations for a leading US Bank.


•Primarily handle 12 markets (that includes Europe and Australia and New Zealand)
•Ensure that all the government and corporate bonds settle on the respective value date.
•Job involves responding to emails received from Counterparties, handling the Inbound and Outbound calls that we receive from various counterparties & also liaise with Middle office and trading desk on a daily basis. Also have regular interaction with our agents and euro clear who advise us on any discrepancies that may arrive at the time of settlement.
•Also handle the reconciliation (both Stock and Cash) and ensure that no breaks are more than 5 days old.
•Prepare various reports such as Intra-day Borrows report, Stock and Cash Bleeders report, WOR (weekly Operations Report) and Rates Trading Fails report.
.

Past Company Assistant Manager at Citigroup Global Services Ltd
Industry : BPO/KPO/ITES
Department: Operations, from from Aug 2006 till Jul 2008

Job Description : Handled the Citi Mortgage (US) process by ensuring that 20 transactions were processed on a daily basis by handling a team of 40.

Responsibilities include:


•To conduct quarterly and yearly audits, namely, RCSA, COPC, OPO and PRR Audit.
•To prepare EOD, MIS and send it to the client on a daily basis.
•To conduct annual appraisals for the team members.
. Executive at ABN Amro Bank
Industry : Banking
Department: Operations, from from May 2004 till Aug 2006

Job Description : Handled the FX wires and Investigation process for our client ABN AMRO Bank, N.V for their US Operations.

FX Wires:


•The process involves, *Purchase and **Sale of customer funds as per the instructions we receive in SWIFT.
•It also includes checking Recon (mainly to check Cash entries) to ensure that a ledger and statement entry (MT950) is passed and matched.

FX Investigations:

The process involves:


•Handling the Late Payment Charges, Non-Receipt of Funds, Return of Funds, Early Receipt, Incorrect amount, Beneficiary and Beneficiary bank. Closely liaise between Confirmations (CLS as well SWIFT confirmations) team, Front office (Traders), Counterparties, Reconciliation, Onshore team, processing team and with other ABN AMRO Branches Client services department.

. Officer at Tata Consultancy Services Ltd (TCS)
Industry : Non Profit Organization
Department: Operations, from from Jul 2003 till May 2004

Job Description : Worked for UK Client, Barclays Bank by handling their:

Barclays Sales and Financing Division.


•The department deals in Invoice Discounting, Cash Payments, Collections and Litigation activities. A process map was developed for the project right from its initial stage.

Barclays Personal Financial Services
•Analyze errors committed and report to the Process Specialist.
•Escalating System Connectivity issues to Onshore Service Manager and Project Manager.
. Associate at Scope International Pvt Ltd
Industry : BPO/KPO/ITES
Department: Operations, from from Aug 2001 till Jul 2003

Job Description : Handled the US and UK Funds Transfer Operations for Standard Chartered Bank. US Payments:


•Was given the responsibility of a Processor/Checker for handling US payments (Funds Transfer).
•Have knowledge pertaining to the Clearinghouses like FED, CHIPS and Book Transfer” of payments.

UK Payments:

Euro Currency:


•Responsibility in Checking and clearing UK payments (Funds Transfer) and started first handling a team size of four.
•Have knowledge pertaining to the clearinghouses like EBA, CHAPS EURO, CHAPS TARGET, Internal Transfer” of payments.
• Responsible for TELEX, SWIFT, Inward authorizing of payments, authorizing the claim of Charges from the other banks, and also handling the third party payments.

Multi Currency:


•Responsibility of handling a team of 6 in Multi-Currency Payments (Funds Transfer). Ledger updating, authorizing the payments, OTT applications, claim of charges, close down of the queues at the end of day.

Achievements:


•Responsible in increasing the Straight through of payment from 92% to 95%.
•Recipient of Best Associate award for achieving nil error” during the customer week celebration organized by Standard Chartered, London.
. Assistant Accountant at Indian Institue of Holistic Clinic
Industry : Accounting/Auditing
Department: Accounts / Finance, from from May 1999 till Aug 2001

Job Description : •Primarily job includes collecting cash and depositing them in the bank.
•To assist the Managing Director in carrying out his various seminars for corporate clients and training them in:
•Stress Management,
•Healing Practices and
•Naturopathy
.

Educational Information MCA/PGDCA at University of Madras
from Jan 2000 till Jan 2003
B.Com at Loyola College, Chennai
from Jul 1996 till Apr 1999

Ravishankar Yayathi's Additional information

Reason to be on PeerPower :  Career Enhancement,Job Prospects,Meeting People,Sharing Knowledge And Expertise,Business Opportunities,Reunion With Colleagues,Batchmates,Finding Information About Institutes & Companies

Web Profile : http://www.peerpower.com/pub/ravishankaryayathi

Ravishankar Yayathi's Personal Details

Gender:Male

Interest:Reading Novels, Watching Movies and net surfing.