Bank of New York Mellon
·Created daily Exchange Traded Funds baskets and disseminated to NSCC, authorized participants and clients.
·Booked global and domestic trades through DTC and sub-custodians in European and Asian markets.
·Monitored failed trades and liaised with various brokers and sub-custodians in order to ensure timely settlement of open global and domestic trades.
·Reconciled equity, fixed income, FX, and cash breaks. Investigated and resolved any discrepancy between custodial, accounting, and broker records.
·Processed daily creations/redemptions of global and domestic ETF’s. Collected outstanding cash component and fees from the authorized participants.
·Collected collateral for open international trades.
·Performed billing and general ledger entries for fees and payments associated with funds.
·Sent and received payments via SPO and Federal Wire.
·Created various reports including monthly billing summary for all transactions for fixed income funds