Aditya Bheemrao

Led the ETD reconciliation team, ensuring accurate trade and position verification of ETD records between counterparties and brokers, which are accurate, aligned, and comply with regulatory requirements.
Managed diverse reconciliation processes, enhancing accuracy and efficiency, such as Total Equity (position/cash/trade), House/FOBO, AVA, NLV, Execution Only, and Trial Balance with multiple clearing houses in all regions, like Europe (EUREX, ICE Clear Europe, LCH, ECC), North America (CME, OCC, ICE Clearing, etc.), and Asia Pacific (HKCC/SECOH, ASX Clear, etc.).
Supporting regulatory processes, including CASS compliance/reporting, EY audits, and GBSOV.
Adhering to governance by engaging in production meetings with the business, SAR calls, KPCI assessments, and QAP discussions.
Partnered with hedge funds, banks, and asset managers to streamline reconciliation processes.
Collaborated with the Hosting Services team to build successful reconciliation recommendations for individual clearing parties in a recon tool called FIS Intellimatch, and delivered the recommendations within agreed SLAs to the business.

Led a team of 10 working for Global Portfolio and Trade Services, specializing in administering the end-to-end life cycle of ETD and OTC products, such as trade capture, confirmations, settlements, and reconciliation processes that service clients 24/5 across all three regions.
Ensured the accuracy of trade confirmations through diverse trading platforms, such as Charles River and BlackRock Aladdin.
Reconciliation of portfolios, communicate, and escalate issues internally and externally. Validating differences in trade attributes by consulting with the trading desk.
Daily monitoring of client portfolios, working on various exceptions, issuing and receiving collateral, and clearing and margin lending calls to ensure the firm's credit risk is mitigated.
Liaise with clients and internal counterparts in order to track and resolve position discrepancies, breaks, and disputes.
Reviewing and enhancing current processes to realize efficiencies, and to better manage embedded risk. And performing a number of control functions, ensuring the integrity of our processes.

Led a team that specializes in performing daily, weekly, monthly, and quarterly trade reconciliations on the Tri-Resolve application (dispute/Mandatory) for OTC collateralized and non-collateralized trades with counterparties across various asset classes. We identify in-scope transactions and counterparties to reconcile and validate our positions reported in trade repositories against internal systems.
Coordinating with internal departments to ensure accurate and timely trade processing, and demonstrating problem-solving skills to efficiently resolve complex scenarios with counter parties.
All reporting obligations related to MiFID and EMIR, with respect to portfolio reconciliation, are monitored and adhered to.
Identifying discrepancies and taking necessary corrective actions promptly. Managing queries through emails with CPs, excelling in problem-solving to address complex scenarios swiftly.
Maintained high quality in client delivery, ensuring timely and accurate results within agreed SLAs.
Reporting and escalation of root cause analysis of outstanding items by age category

In my role as a Senior Process Executive at Cognizant, I took charge of ensuring accurate financial transactions and reconciliations. Working closely with internal teams and external vendors, I investigated discrepancies, resolved issues, and provided insights for decision-making.
Ensuring the timely receipt of both Exchange Files and Sub-Ledger Files into the Reconciliation Tool.
Root cause analysis and resolution of underlying manual or failed processes within the Reconciliation Tool.
Supervising the completion of reconciliations and the resolution of breaks within the listed derivative operations area.
Ensuring that checklists and procedures are completed by everyone on the team, while extensively dealing with reconciliations and trade discrepancies.
Following up on trade discrepancies in a timely manner, and the continual monitoring of the longevity of breaks, with a view to escalation where necessary, and minimizing the impact of resolution failures on these groups.