Mohit Dhankhar
New Delhi
Summary
Eager to apply academic and professional background towards launching a successful career with an employer offering opportunities for professional development in exchange for demonstrated drive and commitment to superior job performance.
Energetic professional with several years of experience in industry. Punctual employee dedicated to following safety procedures and protocols to avoid mishaps. Considered valuable and hardworking employee by supervisors and peers.
Overview
9
9
years of professional experience
Work History
Team Leader
Bank of America
Gurugram
05.2022 - Current
- Knowledge of working on Bank of America applications like LIQ, ACBS(Advance commercial banking system), Cash manager, LR( Loan Runner), Cash Pro, Citrix for notices , KRI files (PW, PR, CM) and some other Bank of America applications.
- To plan on-boarding for new resources and provide the training.
- Provided Process improvement idea to reduce risk of any Funding miss by created a data base of all the deals which has alternate names and shared it with team and Onshore Partner.
- To set up weekly meetings with on-shore clients and discuss team performance, discuss ongoing projects and improvement areas.
- Demonstrated knowledge of company mission and goals and mentored employees in reaching objectives aligned with company core values.
- Managing functional area in wholesale lending - Global US Trade Servicing, overview, process improvement, KRI and strong team of 9 FTE.
- Successfully reduced KRI for trade servicing to be well under the threshold.
- Wire Transfer-Approving the funding/advance requests of clients and the banks (BOA, JPMChase, CitiBank, WellsFargo, RBS, etc.).
- Responsible for daily operational activities like quality checks and approving the transaction Like(Repayment, Prepayment, Conversions, Borrowing, Interest and Fees).
- Client Focus- Focused on providing the resolution of adhoc queries of banks portfolio Analysis - Handled the portfolios of US, Commercial and Legal Entities (Client).
Senior Analyst
Barclays
Nodia
02.2020 - 05.2022
- Using ACBS (Advance Commercial Banking System), GBS for payments, intellimatch Nostro (BARC, RTNS, Global Nostro and BSCI), QMS, Clearpar, Base application, MOC and some other Barclays applications.
- Wire Transfer − Processing manual payment to the lenders in the form of interest payment, repayment, prepayment, LC fees etc.
- Cash Application − Received for Interest, Unused and LC fee.
- Client Focus − Focused on providing the resolution of adhoc queries of clients and banks.
- Loan Servicing, Loan Processing, etc.
- Portfolio Analysis − Handled the portfolios of EMEA Commercial Legal Entities (Client).
- Responsible for booking and reviewing manual and primary trades in ACBS and reconciling the loan feed issue in ACBS.
- Responsible for daily operation activities like quality check and approving the transaction and handling floor queries.
- Handling the KRl's including cash breaks and Dl's.
- Also responsible for handling tax queries of clients and lenders.
- Part of KRI taskforce to clear the aged breaks, actively participating in KRI cash break with stakeholder for global servicing team.
- Also responsible to collect and apply the commitment fees, management fees, utilization fees, and LC fees.
Senior Executive
TRPC Service Team Pvt. Ltd.
03.2016 - 01.2020
- 410B and 414S Testing: Includes testing for the Excluded Compensation, Highly Compensation and Non highly Compensation Employees.
- Compensation check using the 404 and 410S Testing for the active, inactive, eligible and prior year terminated employees.
- Vesting and Eligibility Testing.
- Worked on Financial services and operations department (Defined contribution 401k plans) which includes processing transactions such as various types of distributions/distribution calculations and loans for the participants.
- Working on reconciliation by comparing bank statements with client's statement.
- Update participants dashboard, handling queries from participants based on payment issues. Interpreting participants and clients documentation for record updates as well as resolve daily and monthly queries of client pertaining to the participant funds.
- Complete Knowledge of setup the new plans (DB and DC), knowledge of allocating plan money in different sources and various documents like Adoption agreement, service agreement, custodial agreement etc.
Education
MBA - Finance, Marketing
Rukmini Devi Institute of Advanced StudiesGGSIPU
01.2016
BBA -
JIMS
01.2013
Skills
- Microsoft office
- Stakeholder management
- Project management
- Deep technical knowledge of financial statements
- Skilled in company profiles and earnings summary
Personal Information
- Date of Birth: 10/16/92
- Gender: MALE
Scholastic Record
- 2014-2016, MBA, Rukmini Devi Institute of Advanced Studies GGSIPU, 1st Division
- 2010-2013, BBA, JIMS, 1st Division
Languages
English
Advanced
C1
Project
- Created a Data of deal where we had dependency on other internal teams for funds and recon breaks by getting the correct Admin details updated with Agent Bank and created internal Matrices which help us in reducing Recon breaks count by 60% and decreased the recon aging from 10 days to 1 day.
Award
- Received 2 Silver Award in Bank of America for Outstandinging Performance
Timeline
Team Leader
Bank of America
05.2022 - Current
Senior Analyst
Barclays
02.2020 - 05.2022
Senior Executive
TRPC Service Team Pvt. Ltd.
03.2016 - 01.2020
MBA - Finance, Marketing
Rukmini Devi Institute of Advanced StudiesGGSIPU
BBA -
JIMS