Summary
Overview
Work History
Education
Skills
Personal Information
Projects
Disclaimer
Software
Timeline
Generic

AVINASH BORSE PATIL

Pune

Summary

Forward-thinking professional bringing 7 years of expertise in in the Investment Banking & Financial Services domain with the determination of delivering the best performance every day and contributing towards the organization growth and success.

Overview

7
7
years of professional experience
4
4
Languages

Work History

MIDDLE OFFICE OPERATIONS ASSOCIATE (SR. ANALYST)

BNY MELLON
05.2022 - Current
  • Working on bookings of trades received from desk, running a checker to eliminate errors for trade booking,
  • Updating FX rates and SOFR interest rates, running transaction reports, checking interest accruals, reconciling positions between front office and middle office system
  • Reconciling interest rates and paydowns, matching wires received from custodian, reaching out to agent banks to resolve mismatches,
  • Wall Street Office, Clearpar, SSB Platform
  • Creating procedures, providing automation ideas, updating KRI/KPI and MBR, reviewing work of junior members.
  • Validated results and performed quality assurance to assess accuracy of data.
  • Performed system analysis, documentation, testing, implementation, and user support for platform transitions.
  • Optimized core processes to improve business performance and operational agility.
  • Recommended process improvements to continually identify, analyze and fix constraints and challenges.

TRADE TRANSACTION REPORTING OPERATIONS

MORGAN STANLEY
09.2021 - 05.2022
  • Worked in the RTB team, reviewing breaks identified by the third-party Eclerx team, identifying control framework or misreporting breaks, break investigation,
  • Raising IT Jiras, working on daily metrics, making back reporting tools more efficient, creating monthly and weekly decks, tracking trends of breaks, and reporting to higher management.
  • Supported implementation of new trade partners and monitored KPIs for performance optimization.

MIDDLE OFFICE OPERATIONS ASSOCIATE

MORGAN STANLEY
06.2017 - 09.2021
  • As a part of Trade Support Group, the profile mainly involves supporting Desk for the Equity Swaps trades booked by them and to make sure trades go STP
  • Also worked on Client Money segregation, Corporate Actions, Errec breaks reconciliation, Trades booked on Hedge/Mutual, UCITS Funds and ETF's, Internal and External Payments,
  • Monthly Reconciliation on all the UCITS/Mutual & Hedge Funds, failing trades settlement, Call back verification,
  • Validation of corporate action events,
  • Posting journals for Opals product, Monthly reconciliations on ETF product, Calculating monthly invoice for ETF product, Monthly reconciliation of Loan amount paid by Morgan Stanley,
  • Filling volume details for weekly KRI/KPI call, Sending details of daily pending breaks to higher management, Successfully transitioned processes from London office and Bangalore Office to Mumbai.
  • Prioritized tasks to meet tight deadlines, pitching in to assist others with project duties.
  • Worked varied hours to meet seasonal and business needs.
  • Monitored client service metrics and performance indicators to identify areas of opportunity.
  • Trained and mentored junior staff on client service strategies and techniques.
  • Volunteered for extra shifts during holidays and other busy periods to alleviate staffing shortages.

Education

BMS (Bachelors in Management Studies - Finance) -

Mumbai University

XII - CBSE - undefined

Jawahar Navodaya Vidyalaya, Jalgaon

X - CBSE - undefined

Jawahar Navodaya Vidyalaya, Jalgaon

KPMG Financial Analysis Prodegree Certificate - undefined

Imarticus Learning

Skills

Computer expertise especially for MS OfficeGood literacy and knowledge of Financial Markets and its productsProactive in handling multiple deliverables, having high energy, clear goal orientation and a strong work ethicAnalytical approach towards problemsQuick Learning

Python

SQL and Databases

Process Improvements

Agility

Power BI, Xceptor, Jira, GRX

Personal Information

Date of Birth: 05/14/94

Projects

Helped team in automating index check very time-consuming report for equity swap. Decommissioned 2 - 3 report where there was duplication of work Liaised with IT team to observe the implementation of new functions in corporate action applications Helped Fund accounting team to clear year aged breaks for Bridgewater client Helped in transitioning the whole bank loan process from USA to Pune.

Disclaimer

I hereby declare that the information given above is true to the best of my knowledge.

Software

Power BI

Timeline

MIDDLE OFFICE OPERATIONS ASSOCIATE (SR. ANALYST)

BNY MELLON
05.2022 - Current

TRADE TRANSACTION REPORTING OPERATIONS

MORGAN STANLEY
09.2021 - 05.2022

MIDDLE OFFICE OPERATIONS ASSOCIATE

MORGAN STANLEY
06.2017 - 09.2021

BMS (Bachelors in Management Studies - Finance) -

Mumbai University

XII - CBSE - undefined

Jawahar Navodaya Vidyalaya, Jalgaon

X - CBSE - undefined

Jawahar Navodaya Vidyalaya, Jalgaon

KPMG Financial Analysis Prodegree Certificate - undefined

Imarticus Learning
AVINASH BORSE PATIL