BHAKTI BORKAR

Areas:

• Front office Activity including dealers code of conduct, Organisation structure, access to various applications, Mandatory Leaves, Transfer of Securities from HTM to AFS etc
  Middle office Activity- Deal Validation, Deal Confirmation, Settlement, Murex limit controller etc
  Nostro Reconciliation- Treasury Receivables
  Nostro Funding Sheet
  Regulatory Returns
  
  
  
  Results-driven and detail-oriented professional with extensive experience in audit, front and middle office activities, and regulatory compliance. Proven expertise in conducting comprehensive audit fieldwork, preparing detailed queries and audit reports, and managing front and middle office operations effectively. Skilled in performing Nostro reconciliations, regulatory reporting, and enforcing compliance with organizational policies and regulatory requirements. Strong analytical, communication, and problem-solving skills with a commitment to continuous improvement and professional development. Adept at collaborating with cross-functional teams, engaging with stakeholders, and ensuring accuracy, efficiency, and compliance in all operational and reporting activities.
  Proficient in MS Office
  Proficient in Tally
  Self Motivated
  Smart Working
  Perseverance
  Keen to Learning
  
  Work Scope: Audit, Front & Middle Office Activities, and Regulatory
  
  Compliance
  
  
  Audit Fieldwork Execution:
  
  Conducted thorough audit fieldwork in adherence to established auditing standards and procedures.Analyzed financial data, transactions, and supporting documentation to evaluate compliance and identify potential discrepancies.Collaborated with client personnel to gather necessary information, address queries, and gain insights into business processes.
  
  
  Query Preparation and Resolution:
  
  Developed and formulated detailed audit queries based on findings from fieldwork to address inconsistencies and areas of concern.Engaged with client representatives to discuss and resolve audit queries effectively and efficiently.Maintained documentation and tracked query resolution status to ensure comprehensive coverage and resolution of audit issues.
  
  
  Audit Report Preparation:
  
  Compiled and synthesized audit findings, observations, and recommendations into comprehensive audit reports.Presented audit reports to senior management, stakeholders, and regulatory bodies, highlighting key insights, risks, and actionable recommendations.Ensured the accuracy, clarity, and compliance of audit reports with organizational and regulatory standards.
  
  
  Front Office Activities:
  
  Oversaw and monitored front office activities, including dealer code of conduct compliance, organizational structure management, and access control to various applications.Managed and enforced policies related to mandatory leaves and ensured proper transfer of securities from Held-To-Maturity (HTM) to Available-For-Sale (AFS) portfolios.
  
  
  Middle Office Activities:
  
  Conducted deal validation and confirmation processes, ensuring accuracy and compliance with trading and settlement guidelines.Managed deal settlements and monitored Murex limit controller functionalities to mitigate risks and ensure regulatory compliance.
  
  
  Nostro Reconciliation:
  
  Conducted regular reconciliation of Treasury Receivables with nostro accounts to verify and validate transactional data and balances.Prepared and maintained Nostro Funding Sheets to monitor and manage liquidity positions and funding requirements effectively.
  
  
  Regulatory Compliance and Reporting:
  
  Prepared and submitted regulatory returns and reports in accordance with regulatory requirements and deadlines.Stayed updated with regulatory changes, guidelines, and best practices to ensure compliance and mitigate potential risks.
  
  
  Continuous Improvement and Training:
  
  Engaged in continuous learning and professional development activities to enhance auditing, front and middle office management, and regulatory compliance skills.Participated in training sessions, workshops, and seminars to stay abreast of industry trends, technological advancements, and regulatory updates.

• Handled complete accounting of company from inception to submission of accounts to Auditor
• Including monthly GST data preparation, TDS calculation and PT

• All accounts entries, Service tax, TDS, PF, EPF payment, preparing E-net, assisting in preparation of MIS report, Preparation of Cash flow statement as per Management requirement.

• Auditing and finalization of accounts, income tax return filing

• Auditing and Finalization of trust accounts including its various department.