Bhupendar Solanki
Upper Thane
Summary
Finance professional with over 8.5 years of progressive experience across hedge fund reconciliation and securities lending. Proven leadership in managing teams, optimizing operations, and delivering high-quality results under tight deadlines. Adept in tools like Geneva, Redux, PB portals, and reconciliation systems.
Experienced in managing end-to-end services for hedge fund clients, including trade and cash reconciliations, onboarding processes, and client query resolutions. Demonstrated capability in process optimization through participation in UAT testing and systems enhancements, leading to increased operational efficiency. Proven leadership skills in managing a team of Associates and Senior Associates, providing career guidance, and conducting performance reviews to ensure achievement of set goals. Hands-on experience with Geneva and Redux platforms, facilitating effective coordination with clients to resolve reconciliation issues.
Overview
11
11
years of professional experience
Work History
Associate Manager
SS&C GlobeOp
AIROLI
01.2024 - Current
- Providing end-to-end services to Hedge Fund Client: Like loading failed trades, pricing the open positions, Reconciling the Cash, Position, Trade Reconciliation, OTE (Futures & CFD) Reconciliation
- Onboarding new clients on SS&C GlobeOp legacy applications which include various process like; setting up FTP connectivity, independently handling the calls from the Operations side as an SME, making sure all the operation checklists are completed, creating profile in reconciliation tool, making sure the client is live successfully.
- Participate in process improvement initiatives, UAT testing and systems enhancements to increase efficiency
- Responding to the Client and Internal team queries with appropriate solution/feedback
- Accountable and responsible on behalf of team for any escalation received and answerable to my reporting manager
- Creating template for loading Prime Broker/Counterparty statements into reconciliation tool
- Managing a team of associates and specialists providing career guidance, coaching and performance feedback
- Conduct half-yearly one to one meeting with team members to discuss the achievement of the set goals and work on it
- Review the work of team members, maintaining error/appreciation log workbook and managing workloads and review work of associates/specialists and solve their queries
Senior Associate
Intertrustgroup
Powai
11.2022 - 12.2023
- Daily and monthly reconciliations - cash, trade, position and dividend.
- Hosting weekly team meetings to discuss aged breaks and the resolutions.
- Hands-on experience with Geneva, Redux, and PB portals.
- Coordinated with clients to resolve reconciliation aged breaks.
Sr. Financial Analyst
eClerx Financial Services Limited
AIROLI
01.2017 - 11.2022
- Sound financial knowledge of cash/bill settlement (billing – fee and rebate securities lending and billing operations)
- Handling International (German, Taiwan, Japanese & EU Billing) and Domestic (US Billing)
- For closure of bills facilitate the payments in the form of WIRE or DTC. Maintaining accurate account instruction set up in the system for payment to clients
- Constant conversation with clients/lenders and traders via e-mails and telephone.
- Coordinate with different internal teams and resolve all errors/breaks caused between the internal trading platform of the firm and other trade settlements platforms.
- Responsible to work with multiple groups within operations like settlement teams, lender service groups, corporate action teams and trading desk to resolve trade discrepancies.
- Audit of activities performed by team members and also handle and control escalations from internal and external stakeholders.
- Train new employees on different activities and discuss their training plans on regular basis
- Prepare weekly controls pack (KRI Pack), daily aged item tracker, resource utilization analysis report and present it to on-shore controls team.
- Prepare and update standard operating procedure documents (SOPs), standard process flows of the activities and procure appropriate sign-offs from relevant client stakeholders
Accountant
Ritesh Mistry & Associates
07.2015 - 01.2017
- Managed daily accounting, tax filings, audits, and bank reconciliations.
- Finalized financial statements and handled petty cash.
Education
MBA (Finance) -
Mumbai University
Mumbai 06.2013 - 12/2015
B.Com -
B.N.N College
MumbaiHSC -
B.N.N College
SSC -
Seth Jugilal Poddar English High School
Skills
- Financial Reconciliations
- Quick Learner
- Geneva
- Redux
- PB Portals
- MS Excel
- Leadership
- Team Management
- Process Optimization
- Hedge fund services
- Trade reconciliation
- Cash reconciliation
- Client onboarding
Hobbies and Interests
- Web surfing
- Exploring food
- Spending time with friends
Languages
- English
- Hindi
- Marathi
Certifications And Achievements
- Spot Award (3x) for performance and delivery
- Hall of Fame Award for 99% bill settlement success.
Timeline
Associate Manager
SS&C GlobeOp
01.2024 - Current
Senior Associate
Intertrustgroup
11.2022 - 12.2023
Sr. Financial Analyst
eClerx Financial Services Limited
01.2017 - 11.2022
Accountant
Ritesh Mistry & Associates
07.2015 - 01.2017
MBA (Finance) -
Mumbai University
06.2013 - 12/2015
B.Com -
B.N.N College
HSC -
B.N.N College
SSC -
Seth Jugilal Poddar English High School