Karan Gondras
Pune
Summary
Dynamic Process Lead at AXA Global Business Services with a proven track record in portfolio reconciliations and managing market master data to ensure competitive security valuations. A proactive team player skilled in problem-solving and client focus, I excel in delivering comprehensive reports and enhancing operational efficiency across multiple regions.
Overview
9
9
years of professional experience
Work History
Process Lead
AXA Global Business Services
PUNE
12.2022 - Current
- Reviewed AXA fund's cash activity and positions.
- Led team reconciliation for equity, fixed income trades, corporate actions, security lending and repo trades, collateralized securities and unlisted securities, ensuring accuracy and compliance.
- Provided weekly and monthly signoff to local and Paris Centre of Excellence teams.
- Addressed all queries and escalations from the Centre of Excellence team.
- Currently managing market master data for comprehensive security oversight.
- Pricing of listed and unlisted securities to ensure competitive valuation.
- Onboarded securities across 15 regions in Europe and Asia Pacific.
- Monthly OTC and listed-unlisted securities price signoff to be given to Paris team.
- Monthly KPI dashboards and Service reports to be prepared and shared to clients.
Senior Ops Analyst
CITICORP Service
Pune
08.2021 - Current
- Conducted quality checks for all financial transactions in bank database, ensuring maintained accuracy.
- Validated client details using primary and secondary sources to uphold client database integrity.
- Reviewed daily reconciliation and postings to general ledger, enhancing accuracy of financial reporting for offshore team.
- Assessed subscription and redemption flows submitted by offshore team for compliance.
- Monitored daily trade activities, producing actionable reports for fund managers to inform decision-making.
- Facilitated effective communication between offshore teams and end clients.
- Prepared weekly workflow management reports and error snapshots, identifying areas for process improvement.
OPS.Analyst
CITCO Shared Service
Pune
08.2020 - 08.2021
- Provided administrative services to Citco clients, ensuring accurate and timely processing.
- Reconciled hedge fund transactions for prime broker OTC and bank loan products, maintaining data integrity.
- Addressed daily cash reconciliation issues during recon window, facilitating smooth operational flow.
- Managed OTC trades in coordination with DTCC requirements.
- Conducted weekly position reconciliations to align positions with broker data.
- Performed monthly reconciliation tasks including repo, coupon, and cost reconciliations.
- Adjusted coupons and paydowns for clients using Bloomberg tools.
- Researched dividends and resolved discrepancies related to ex-date and pay date.
Specialist
AXA Business Service
Pune
10.2017 - 08.2020
- Supported fund managers in cash and asset management for middle office operations, enhancing operational efficiency.
- Provided daily trade and cash transaction reports to front office portfolio manager group.
- Determined NAV of portfolios and communicated findings to investment banker.
- Validated custodian and broker data against client records to ensure accuracy and compliance.
- Managed complete account activities from opening to closing for portfolio managed by asset management company.
- Conducted overdraft investigations and reported findings to clients for timely balance coverage.
- Performed end-to-end reconciliation of transactions across multiple products, including mutual funds and derivatives.
- Addressed complex queries, facilitating seamless processing of FX trades at custodian and Alliance Bernstein.
Education
Bachelor Of Business Administration -
Modern College
PuneHSC -
Rosary Jr College
PuneSSC -
Kataria High School
PuneSkills
- Client focus
- Problem solving
- Results-driven
- Proactive
- Team player
- Interpersonal skills
Languages
- English
- Hindi
- Marathi
Personal Information
- Date of Birth: 17/09/1992
- Nationality: Indian
- Marital Status: Married
Core Applications
- TLM- 2.7
- CTC
- SAP
- MARKIT-DTCC
- Bloomberg
Timeline
Process Lead
AXA Global Business Services
12.2022 - Current
Senior Ops Analyst
CITICORP Service
08.2021 - Current
OPS.Analyst
CITCO Shared Service
08.2020 - 08.2021
Specialist
AXA Business Service
10.2017 - 08.2020
Bachelor Of Business Administration -
Modern College
HSC -
Rosary Jr College
SSC -
Kataria High School