Vivekkumar Shah
Summary
Reconciliation & Corporate Action Specialist with over 5 years of experience in Investment Banking, I bring a wealth of expertise in managing and optimizing complex reconciliation processes across various financial instruments and systems. My experience spans the reconciliation of positions, cash balances, and transactions between internal portfolio accounting systems and external parties such as prime brokers, custodians, and fund administrators.
Overview
5
5
years of professional experience
1
1
Certification
Work History
Reconciliation
Eviden
03.2022 - 03.2025
- Reconciliation is a critical verification process that ensures the accuracy of transactions across two different accounts
- In hedge funds, this involves reconciling positions, cash balances, and transactions between the internal portfolio accounting system and external parties, including prime brokers, custodians, and fund administrators
- Position/Holding Reconciliation: Verified and reconciled the number of securities between the internal portfolio accounting system and external counter parties, ensuring accurate trade and holding records
- Cash Reconciliation: Managed reconciliation of trading and non-trading transactions, ensuring alignment with positions/holdings, as well as tracking expenses and incomes
- Collaborated with trading, operations & accounting teams to resolve issues
- Prepared detailed reconciliation reports for management & audit purposes
- Ensured timely sign-off for monthly and quarterly reporting cycles, adhering to compliance standards
- Engaged in daily communication with clients to provide updates, address inquiries, and resolve any concerns or issues promptly
Claims Receivable (Corporate Action)
eClerx Service LTD.
12.2019 - 01.2022
- Processed cash dividend & coupon transaction with precision & adherence to strict timelines
- Managed receipt & reconciliation of dividend & coupon payment from counterparties during corporate action event
- Validated diverse trades such as Bonds (Lending), REPO, Market Claims, & cash trade against key corporate action event dates
- Conduct daily reconciliation in TLM (Transaction Lifecycle Management) to ensure accurate client fund handling
- Prepared professional claims letter with payment instructions for counterparties related to corporate action
- Ensured comprehensive reconciliation & agreement of claims before pay date for timely & accurate payments
- Conducted weekly calls with clients to discuss project progress, address concerns, and provide updates, ensuring strong communication and client satisfaction
Education
Bachelor of Business Administration -
Manghanmal Udharam College of Commerce
12.2018
Skills
- Trade Reconciliation
- Analysis
- Cash Reconciliation
- Trade Life Cycle
- MS - Office
- Corporate Action Events
- Claims Receivable
- TLM
- SQL
- Financial Data Analysis
- Report Building
- People Management
- Excellent Communication
Certification
- SQL for Financial Data Analysis & Reporting, 2024
- Certified in Business Analysis Foundation., 2024
- London Governance & Compliance Academy (LGCA) - PG program in Investment Banking., 2023
- Certified PG program in Investment Banking & Capital market & Project completion., 2023
Accomplishments
- Award, 03/21
- Value Award, 2021
- Titan Award, 2023
Timeline
Reconciliation
Eviden
03.2022 - 03.2025
Claims Receivable (Corporate Action)
eClerx Service LTD.
12.2019 - 01.2022
Bachelor of Business Administration -
Manghanmal Udharam College of Commerce
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