Summary
Overview
Work History
Education
Skills
Accomplishments
Certification
Hobbies and Interests
Languages
Timeline
Generic
Akshay Bagdi

Akshay Bagdi

Pune

Summary

Detail-oriented Financial Analyst with in-depth experience in trade and cash reconciliation across OTC Derivatives, including FID, CDS, and IRS. Proven track record in enhancing banking operations' accuracy and compliance through meticulous discrepancy identification and resolution. Skilled in facilitating smooth trade settlements and cash management, aiming to leverage expertise to drive operational efficiency and risk mitigation in a dynamic financial environment.

Overview

4
4
years of professional experience
1
1
Certification

Work History

Technical Co-ordinator

Optimum Infosystem pvt LTD
Pune
09.2024 - Current
  • Working for Northern Trust corporation
  • Performing Reconciliation of cleint and Nostro Account in TLM to clear exceptions.
  • Onboarding new client and sub- custodian into Northern Trust.
  • Enhancing the payments for client ensuring the sufficient cash balance is available in Flexcube and not been incorrectly overdrawn.
  • Using LME application to provide client and bank balances and also maintaining intraday liquidity.

Financial Analyst

Eclerx Service Limited
Pune
05.2022 - 08.2024
  • Professional In OTC Derivatives cash Settlement & Reconciliation.
  • Responsible for daily reconciliation of FID, CDS & IRS derivative including pre/post confirmation, incoming client queries and settlement break resolution.
  • Perform Reconciliation of Trades between different entities
  • Check and initiated the SSIs on the basis of SWIFT
  • Closely worked with funding, cash management, disburse teams and other external agent bank, custodians ensuring timely settlement of outward payments
  • Engaging follow-ups with regional trade support groups, Middle Office teams, cash management for timely closure of key risk items
  • Reconciliation and investigation of KRI and non KRI cash breaks and their clearance as per agreed SLA
  • Involves matching TRADE details with the counterparties' records to resolve discrepancies, confirm settlements, and ensure proper TRADE Execution
  • Data management and journal postings as per client inputs
  • Identify the discrepancies and mitigate potential risks associated with financial transactions
  • Conducting Audits to validate financial records and ensure regulatory compliance
  • Timely escalation and resolution of issues and queries respectively as per agreed TAT
  • Authored Standard Operating Procedures (SOPs), developed and delivered impactful PowerPoint presentations and training materials for client training sessions and meetings, contributing to streamlined processes and enhancing organizational knowledge
  • Making various reports and publishing it to control team and senior managements.

Analyst

KPMG Assurance & Consulting Services, LLP
Pune
07.2021 - 12.2021
  • Gathering information and preparing Report to individual teams like database, Address, Employee verification, background verification, report writing etc
  • Understanding information documentation requirements for corporate structures in KYC context/evidence requirements
  • Manage caseload throughout end to end process in timely manner
  • Source data from a number of sources/systems and accurately transfer to primary system
  • Understand client policy and procedures and its application on client Delivery

Education

Masters - Commerce - First Class

Savitribai Phule Pune University
Ahmednagar
12.2022

Bachelor's Degree - Pass Class

B.P.H.E Society Ahmednagar college
Ahmednagar
12.2019

HSC - First Class

kendriya vidyalaya M.I.R.C
Ahmednagar
12.2015

SSC - First Class

Kendriya vidyalaya No.1 Kariappa Road
Ahmednagar
12.2013

Skills

  • Financial Market
  • OTC Derivatives ( FID, IRS, CDS)
  • Trade life cycle
  • Cash flow Reconciliation
  • Trade settlement
  • Regulatory Compliance
  • Risk assessment
  • Intellimatch
  • Banking Operations
  • Microsoft office ( Excel,Outlook,Word)
  • English Typing speed 30 & 40 WPM
  • Client onboarding
  • Payment processing

Accomplishments

  • Value Award, 2022
  • Hall of Fame, 2023

Certification

  • Maharashtra State Certificate of Information Technology (MS-CIT)
  • Tally.ERP9
  • English Typewriting 30-40 WPM
  • Course on Computer Concepts (CCC)

Hobbies and Interests

  • Trekking
  • Movies

Languages

English
Proficient
C2
Hindi
Proficient
C2
Marathi
Proficient
C2

Timeline

Technical Co-ordinator

Optimum Infosystem pvt LTD
09.2024 - Current

Financial Analyst

Eclerx Service Limited
05.2022 - 08.2024

Analyst

KPMG Assurance & Consulting Services, LLP
07.2021 - 12.2021

Masters - Commerce - First Class

Savitribai Phule Pune University

Bachelor's Degree - Pass Class

B.P.H.E Society Ahmednagar college

HSC - First Class

kendriya vidyalaya M.I.R.C

SSC - First Class

Kendriya vidyalaya No.1 Kariappa Road

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Akshay Bagdi