Sudeshna Halder

About Sudeshna Halder

Northern Trust Corporation - Manage exceptions and settlements across various…

Experience

1. Financial Analyst

   Northern Trust

   Aug 2024 — Present · Bengaluru, IN

   Manufactured Income,Securities Lending- Manage exceptions and settlements across 7 major borrowers, including JPMorgan, Jefferies, Macquarie Bank UK, BNP Paribas, Citi, Société Générale, and State Street, ensuring accurate tracking and timely resolution of outstanding items- Oversee collection, reconciliation, and application of funds from borrowers and brokers, adhering to regulatory standards and minimizing risk exposure- Handle Statement Credits (SCs) – critical cash exceptions requiring precise identification of incoming payments and application as per CASS regulations- Process and clear cash movements such as SWIFT transactions, WCMs (Web Cash Movements), GCMs (Global Cash Movements), and journal entries to reconcile accounts and resolve discrepancies efficiently- Perform daily reconciliation and exception management, including preparing detailed narrations, investigating discrepancies, and ensuring aged items are escalated and cleared within deadlines- Prepare and deliver Borrower Reports, official documents tracking outstanding dividend and coupon income claims, supporting resolution through scheduled conference calls involving borrowers, borrower administrators, and London-based partners- Draft and circulate Start of Day (SOD) and End of Day (EOD) reports to management, summarizing key activities, volumes, aged exceptions, operational issues, and team performance metrics- Maintain clear and effective communication by regularly liaising with internal teams and external stakeholders, resolving complex email queries, and coordinating activities across geographies.