Avinash Lakkakula
Senior Process lead Innova solutions|| Pre-Matching || Reconciliation and Settlements || Derivatives FX Settlements || Risk advisory || Investment banking || NAV || Middle office || Back office || Client Reporting.
- Role
- Senior Process Lead at Innova Solutions
- Location
- Hyderabad, TG, IN
- LinkedIn followers
- 500 followers
About Avinash Lakkakula
An experienced and motivated individual, with 10 years of experience specializing across investment banking back-office operations - Global markets SBL Trade Reconciliation & Settlements (Position & Cash & Income) Pre-matching Fails Management Equity and Fixed income and Dividend Paydown Interest Client reporting - Client service,Knowledge of Process Migrations, Capital Markets, Corporate Actions. Trade processing. Derivative FX Post Settlements, Swaps, Collateral End to End Trade Life Cycle, Custody side Clearing and Settlement System & Private Equity Fund Service Credit rates, Interest Rates. Middle office, Strong Knowledge with Middle Office and Custodian Team and Bookings issue Trade Duplications and Settlements Issues. Client Management, Various Controls. Knowledge in using various Financial Platforms.Fund Accounting, Mutual Funds, Corporate Actions, Pair offs, Applications DTC, Euroclear, TLM, Gloss, Globalone, MCH, Intelimatch, Super netter, Blomberg, SS & C,
Experience
Senior Process Lead
May 2023 — Present · Hyderabad, IN
Internal Reconciliation Custody vs accounting.Reconciling Cash, and Position balances between Client and Custodian. • Capturing Trade, trade adjustments, and corporate actions. •Collaborated with bank to deliver reconciliation services for Clients & counterparties. •Collaborated with business partners to identify and address break issues proactively. •Investigated and addressed imbalances in cash and securities accounts for funds. •Mitigated risks effectively through tailored process improvements. •Conducted compliance recon to maintain accuracy for multiple financial platforms. •Actively seeking out opportunities to improve the teams control framework and ensuring controls are carried out in as efficient manner as possible. • Ensured team\'s adherence for data quality protocols using dashboards & reports. • Reaching out to client ops for any cash and stock discrepancies. •Collaborated with bank to deliver reconciliation services for clients & counterparties. •Preparation of weekly KPI reporting and appraising the management of any potential risk items and working closely with external and internal parties to resolve delivery matters •Conduct end-of-day checks to ensure all tasks have been completed as per the SLA\'s •To ensure that the Fisher-related audits are completed without any non-compliance observations • Worked along with the onshore team for a new transition project and provided training to the new members. • Handled escalation management and performed checklist activities within the time frame. •Resolving issues of breaks arise in reconciliation and comments
Education
Malla Reddy College of Engineering & Technology
Master of Business Administration - MBA, Banking, Corporate, Finance, and Securities Law
2012 — 2015
Kakatiya University
Bachelor of Commerce - BCom, Computer Programming, Specific Applications
2009 — 2012
Skills
- Investments
- Banking
- Financial Analysis
- Finance
- Microsoft Word
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