Deepak Kulasekara

About Deepak Kulasekara

Currently working as Team Leader with JP Morgan Chase in Securities Services Custody Operations as meticulous, diligent and skilled professional offering 8+ years of expertise in the areas of Investment Banking, Corporate Finance, Payables and Receivables claims, Trade Backlog management, Equity Settlements, Research/Investigation in Corporate actions processing, alternatives investment services/ NAV reporting/ Reconciliations for Hedge fund Clients/operations, Fail trade settlements operations, Income claim validation,Client services experience of collateral account onboarding, account setups, project handling, Business Analytics, billing clients for CAS, with a team handling experience of 5 members.

Experience

1. Team Leader Corporate and Investment Banking Operations

   JPMorganChase

   Apr 2021 — Present · Bengaluru, IN

   Team Leader - CIB - Operations – Corporate actions Market Claims - account opening- client onboarding- project management.To manage a team : Research, investigate and validate a Corporate action cash relatedclaim using vendor source, internal entitlements tool,Trade capture tool and raising claim request tocounter party and settling funds Via SPO’s.(actively been a part of production and management)• Checking Fail trades, entitlements and calculate and validate Cash claims for assigned DTC Participants.• Reconcile cash daily (GL a/c’s )on temporary holding account (unclaimed funds).• Research and investigate incoming Claim request from counter party / Client / Fund Managers. •Setting up claims by coordinating with requestors through SharePoint from internal Fund accounting / Fund Services/client service/CA income teams.• Analyze and prepare claim letters after logging in claims into our system.• Checking Settlement status on DTC on previous day SPO setup and reflect entries to systems using integrated tools.•Post Settlement, Updating Sap entries by running Alteryx and raising the Credit intra/ Debit intra to client account.• Review unallocated cash (untracked on DTC due to late trade), tax reclass, dividend rate change, fees• Supervising the team on Receivable and payable claims.Other Responsibilities :• Managing the day-to-day activities of the team.• Allocation of Incoming and Outgoing CA Claims• Review the formal claim letters (Being the signatory)• Stamping the SPO\'s• Lead/assist with complex adhoc request.• Motivating the team to achieve goals.• Developing and implementing a timeline to achieve targets in bringing the aged claims down by co ordinating with counter parts.• Delegating tasks to team.• Empowering team members with skills to improve their product knowledge, and other relevant skills.• Management reporting (MIS) and EOD checklist updating and signing off as a team leader ensuring activities are BAU to Sr. Management.

Education

• St Joseph's Institute of Management

  Master of Business Administration - MBA, Business Administration and Management, General

• Presidency Bussines School, Bangalore

  Bachelor of Business management (BBM), Human Resources Management, Marketing Managment ,financial management