Rakesh Chipte

associate

state street syntel•  July 2015 - July 2016•  Mumbai

 Part of Income team, Income consist of Fixed Income securities, data reconciliation with custodian with the help of source like Bloomberg terminal and Depository trust corporation (DTC) to ensure cash and position balances are in line with the custody within the agreed time frame.  Products like Mortgage backed securities (MBS), Asset backed securities (ABS), Collateralized Mortgage Obligation (CMO), securities (Municipal bonds, Corp bonds, T-Bill Etc.).  Validation of securities (Monthly, quarterly or semi-annually frequency) i.e. Interest, Pay down also look after the position of securities (Original face, Current face etc.).  Monitor and record security transactions including trade, interest payments, maturities.