Relston Stuart Lobo
Investment Administrator - Operational Risk & CASS Oversight at Novia Global- Claim this Profile
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Bio
Credentials
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Bloomberg Market Concept (BMC)
Bloomberg LPOct, 2021- Sep, 2024
Experience
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Novia Global
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United Kingdom
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Financial Services
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1 - 100 Employee
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Investment Administrator - Operational Risk & CASS Oversight
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Oct 2022 - Present
Key achievements/Projects: • Successfully investigated and resolved the backlog asset breaks beyond 150 days, relentlessly coordinating with internal and external teams to resolve issues and establish efficient breaks reporting and controls. • I actively contribute to the development of the Client Asset shortfall project, ensuring compliance with CASS 6 regulations. This project extends our existing asset reconciliation model. • I assisted the Dealings team in processing all backdated accumulated distributions, successfully meeting the tight deadlines set by the management. • Dealt on investigating aged fee breaks as old as 300 days+ and treating the monies as per relevant statutory policy. • Supported the annual CASS Audit by providing the process walkthroughs, resolved doubts and facilitated all the requested data. Job role: • Diligently processed client money reconciliations adhering to the CASS 7 rules and handled the breaks effectively within the tolerance of 10 days. • I receive timely training from the team on CASS rules and regulations, ensuring a comprehensive understanding of their application to the business. • I actively engage in periodic breach evaluations, assessing the company's risk exposure. Additionally, offer suggestions for implementing controls and reducing risk ratings in vulnerable processes. • Liaise with external counterparties, such as banks, investment advisors, and payment service providers, to facilitate seamless payment processing and resolve any issues in a timely manner. • Accurate and timely processing of adviser fees twice a month, also handled the fee calculations for the client specific be spoke requests. Show less
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Financial Analyst
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Jun 2019 - Aug 2021
Reconciling the books of the Investment Manager and custodian. • Investigating and researching exceptions by contacting the custodian and providing resolution to outstanding breaks within 3 days. • Matching, assigning the exceptions as per the client procedure on TLM PLC. • Reconciling North American client’s books with their multiple custodian books and submitting weekly report to the middle office. • Handling queries raised by an investment manager (client) and Middle office. • Investigating on Sweep discrepancies and resolving issues. • Reconciling positions and cash which include trade, Forex, Dividends & coupons, Short Term Investment Funds etc. Key achievements/Projects: ● Effective contribution to client onboarding. ● Assisted in standardizing the controls involved in trial balance checks Show less
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Education
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2021 - 2023
Kingston University
Master of Science - MS, Finance, General -
2017 - 2019
St. Aloysius College (Autonomous), Mangalore
Bachelor of Commerce, Finance, General
Community
