Tushar Kedare
Dombivli
Summary
Over 8+ years of experience in the Private Equity Operations & Banking Industry Currently deliver in Private Equity for Client onboarding & KYC operations with a proven track record of conducting through due diligence and implementing KYC procedures to ensure compliance with regulatory requirements. The role includes the Document Postings, Validation and Screenings of documents, Provide Support for any regulatory related audit, review requirement for investors etc.
Overview
10
10
years of professional experience
1
1
Certification
Work History
Process Specialist – Private Equity
Cognizant
09.2020 - 01.2024
- Company Overview: Domain: Investment Banking Operations.
- Screening of documents provided by the front office and relationship manager for the client onboarding process.
- Validation and screening of documents received from clients, based on starting account relations under the UK/US entity.
- Evaluating the risk associated with potential or existing clients based on factors.
- Maintaining accurate and up-to-date records of all client interactions, due diligence procedures, and relevant documentation, as mandated by regulations.
- Verifying and reviewing data provided by the customer with public records, i.e.
- Accruing a report from LexisNexis to ensure customers are genuine.
- Client onboarding operations provide various distributions and applications to internal investors and clients.
- Document posting service for the client’s investor on a timely basis, as per requirements for day-to-day tasks.
- Document upload (capital call, management fee, distribution, and monthly, quarterly, and annual reports) on the investor portal through the Document Posting Tool (Salesforce) and reaching out to outstanding investors after the due date.
- Follow up with clients in case of any pending documents.
- Working on distributing notices to investors at periodic intervals and assisting client investors by sending various financial statements as per requirements.
- Upload the highest standard of control, always keeping data integrity while carrying out day-to-day tasks.
- Position and cash reconciliation of the investment manager and custodian through ClearPar, bank statements, and accounts researching variances due to different rates, drawdowns, paydowns, and transfers.
- Research on breaks, pending cash, and trade discrepancies.
- Daily follow-up with the client, custodians, and agent for resolutions on breaks.
- As a SME responsible for training resources, conducting quality checks, allocating tasks to the team, solving queries, and providing refresher training to existing staff.
Assistant Manager – Retail Branch Banking Operations
DNS BANK
03.2017 - 06.2020
- Company Overview: Domain: Banking and finance
- Managing Current Account Deposits, Savings Account Deposits, Cash, and Administrative Departments.
- Following the process and procedure of the bank, and ensuring compliance with the rules and regulations of the bank, including the latest circulars and notifications.
- Supervising large-value cash transaction accounts, market inquiries, physical visits wherever required, and giving necessary instructions to the cash officer/cashier.
- Monitoring overall operations of the branch, planning, and achieving set branch targets from time to time.
- Setting out in-house quality standards for various operational areas, ensuring a high-quality customer experience, while adhering to the SLAs for their services.
- Processing clearing department and operations such as account opening, fixed deposits, and demand drafts for the customers.
- Generating the cross-selling business from existing customers by selling other products, guiding branch operations entailing the sale of products to existing customers, and ensuring compliance with RBI regulations.
- Maintaining and developing customer relationships, new business, and periodic visits to existing customers
Senior Analyst- Middle Office & Back- Office Operations
eClerx Services
08.2013 - 01.2016
- Company Overview: Domain: Investment Banking Operations
- Resolving outstanding trade-related queries and issues (across Rates, Credit, and Equities) in coordination with the Front Office, Middle Office, and external clients, thereby reducing the risk of settlement to the organization and its clients.
- Managing disputes and conflicts related to OTC trades, concluding discrepancies in trades done with counterparties, and reaching out to the concerned trading desk to get these discrepancies resolved.
- Studying the OTC derivatives structures.
- Managing the Client Settlement Process and Corporate Bonds Settlements.
- Studying errors to find out the reason through Bloomberg.
- Escalating unresolved discrepancies to management.
- Analyzing Foreign Currency Settlements.
- Verbal confirmation of trades.
- Researching on breaks.
- Reducing the risk associated with settlement failure.
Education
M.com - Management
Mumbai University
01.2016
B.com - Financial Markets
Model College Mumbai University
01.2013
Skills
- In-depth knowledge in different Financial Products
- Private Equity on Internal Onboarding
- KYC Operations
- Reporting & Documentations
- Trade Reconciliations
- Team Management
- Microsoft Office Applications (Excel, Word, PPT)
- Client Financial Applications
Certification
- End to End AML KYC (Anti-Money Laundering and KYC), Udemy
- NISM in Derivatives Dealer module & Mutual fund distributor module
- MS-CIT
Accomplishments
- Rewarded with the Best Xtra Miler Of The Quarter Award in Q3 2014
- Appreciated for the Best Performance of the month
Personal Information
Date of Birth: 08/27/92
Timeline
Process Specialist – Private Equity
Cognizant
09.2020 - 01.2024
Assistant Manager – Retail Branch Banking Operations
DNS BANK
03.2017 - 06.2020
Senior Analyst- Middle Office & Back- Office Operations
eClerx Services
08.2013 - 01.2016
M.com - Management
Mumbai University
B.com - Financial Markets
Model College Mumbai University
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