Ganesh Ambre
507/B, Sahajeevan Residency, Kalyan East
Summary
Investment Banking Operations professional with 7+ years of experience in OTC & ETD derivatives, treasury and brokerage reconciliation across multiple asset classes. Strong expertise in invoice validation, break analysis, settlements, and UAT support. Proven track record in process improvement, risk control, and stakeholder management, with advanced skills in Excel & Tableau.
Overview
13
13
years of professional experience
1
1
Certification
Work History
Associate Process Manager
eClerx Financial Services Ltd
Navi Mumbai
02.2022 - Current
- Oversaw & directed all Data Operations activities related to brokerage fee settlements through Manual Billing, Atlantis & GPS, ensuring accuracy, compliance, and efficiency
- Streamlined BAU processes, improving operational efficiency and minimizing processing time.
- Monitored training plans and provided guidance to new team members, fostering a knowledgeable and high-performing team.
- Controlled reconciliation breaks and escalated aged items, minimizing financial exposure.
- Managed end-to-end OTC and ETD invoice processing, ensuring accurate invoice capture, reconciliation, and timely payments.
- Monitored training plans and provided guidance to new team members, fostering a knowledgeable and high-performing team.
- Led and coordinated User Acceptance Testing (UAT) for production releases, ensuring smooth and successful deployments.
- Prepared weekly and monthly management review reports and dashboards, participating in broker calls to discuss updates and process improvements.
- Streamlined reporting dashboards using excel / Tableau
Financial Analyst
Smart Stream Technologies India Pvt Ltd
03.2019 - 02.2022
- Accountable for Reconciliation, Fee Calculation & settlements for Exchange traded Derivative (ETD) & OTC Derivative invoices – Interest Rate Derivatives, CDS, Commodities, Fixed Income derivatives (Repos & Bonds), Equity derivatives
- Calculated commissions and fees on trades/invoices, identified breaks, and interacted with brokers and internal teams regularly for break resolutions and updates on outstanding invoices via calls and emails.
- Tracked invoices for records of outstanding bills, validated invoices received, identified breaks, and assigned them to specific teams based on book ownership, updating the internal system accordingly.
- Completing the reconciliation of all invoices received for the month before month end to meet KPI. Managing the group mailbox and clearing it out daily to ensure smooth running of process & prevent the escalation.
- Collaborated with business analyst and DevOps team to automate manual invoice processing.
- Identified potential risks in operational processes and implemented controls to mitigate those risks.
Senior Financial Analyst
eClerx Financial Services Ltd
01.2018 - 03.2019
- Validated and reconciled FX transactions, including spot and forward trades, to ensure accuracy and compliance.
- Monitored Nostro and Vostro accounts daily to ensure adequate funds for payments and settlements.
- Prepared deal confirmations post-validation and ensured timely completion of settlements with cash flow confirmed with clients.
- Facilitated smooth wire transfers using SWIFT MT300, MT320, and MT340 to maintain transaction efficiency.
Senior Financial Analyst
eClerx Financial Services Ltd
Navi Mumbai
08.2013 - 08.2015
- Executed external reconciliation between investment managers and custodians to ensure accuracy of financial assets.
- Reconciliation of daily cash and monthly position breaks.
- Managed daily reconciliation processes post due diligence of client and custodian records to maintain financial integrity.
- Monitor daily cash flow activity and notify clients.
- Action on all breaks in Cash, Position, Price & Accrual.
- Perform Prelim reconciliation to bring in line NAV.
- Raise queries/Breaks to brokers and internal teams.
- Conducted regular follow-ups with brokers to expedite resolution of aged breaks, enhancing operational efficiency.
- Handling client e-mail and floor support for team members.
Education
MBA - FINANCE
Mumbai University
Kharghar, Navi Mumbai01-2013
BMS - Bachelor's in management Studies
Mumbai University
Kalyan, Thane01-2010
HSC - COMMERCE
Birla College
Kalyan, Thane07-2007
SSC - Maharashtra Board
MRG Vidyalaya
Kalyan, Thane01-2005
Skills
- OTC Derivative Operations
- Listed Derivatives
- Capital market operations & Trade life Cycle
- ETD Brokerage Fees & Commissions Reconciliation
- FX Treasury reconciliation
- Corporate action
- User Acceptance Testing (UAT)
- Operational Risk Controls
- Process improvement
- Advanced Excel skills
- Tableau visualization
- Advent Geneva
Certification
- NSE’s Certification in Financial Markets, NCMF Capital Market Dealers Module
- Generative AI, Technical University of Munich
- IBPS – Regional Rural banks examinations, 2016-17
Personal Information
- Date of Birth: 09/04/89
- Marital Status: Married
Timeline
Associate Process Manager
eClerx Financial Services Ltd
02.2022 - Current
Financial Analyst
Smart Stream Technologies India Pvt Ltd
03.2019 - 02.2022
Senior Financial Analyst
eClerx Financial Services Ltd
01.2018 - 03.2019
Senior Financial Analyst
eClerx Financial Services Ltd
08.2013 - 08.2015
MBA - FINANCE
Mumbai University
BMS - Bachelor's in management Studies
Mumbai University
HSC - COMMERCE
Birla College
SSC - Maharashtra Board
MRG Vidyalaya