Sahiba Luthra

Associate @BlackRock

Gurgaon, IN

Affirmation/Confirmation/Settlements of transactions with Counterparties across EMEA markets in equity and Fixed IncomeActs as a liaison between traders, broker and custodian bank to ensure trade is confirmed and settled timely to avoid high penalties/OD costs, etc.Enhanced Settlement workflow, consumed broker settlement messaging and redefined the operational workflow. Partnered with custodian banks to close the gaps in MT54y messaging.Responsible for resolving asset and cash breaks timely and accurately by working closely with brokers, custodians and internal stakeholders, thus reducing KRI\'S.Successfully migrated EMEA confirmations process from Edinburgh to Gurgaon team.Encourages knowledge sharing within the team and act as a mentor for the other team members to imbibe the process knowledge, address queries, knowledge gaps, etc.Host calls with custodian banks/brokers/internal stakeholders to review and resolve service standards vs Operational gaps and accordingly provides updates to leadership to promote workflow improvements.Handling confirmation/settlement of high value Unit trust deals by closely working with transfer agents, custodian banks to ensure timely settlement of cash to avoid higher OD costs to firm.Manage a team of four employees, provide guidance and address knowledge gaps and queries, etc. Evaluate the performance of team members and provide constructive feedback.Working closely with broker and internal stakeholders to fix SSI, charge (VAT, commission, etc.) mismatches arising at confirmations levels so that trades can STP over FIX and CTM platforms to reduce manual confirmations and was able to reduce manual confirms by 10%

Delhi University

B.COM(H)

JRE Group of Institutions

PGDM