Summary
Overview
Work History
Education
Skills
Accomplishments
Additional Information
Timeline
OperationsManager

Mohit Koke

Pune

Summary

Detail-oriented, focused Operations Analyst with 4.8+ years of work experience in finance, including 3 years in accounting and 1.8 years in banking industry seeking to grow career. Well-versed in complex trade settlements to identify and capitalize on opportunities for new growth. Enthusiastic team player with strong technical aptitude and proven success in maintaining, developing and expanding existing accounts through execution of conversational, solution-based service. Specialized expertise in working closely with customers to reduce bank errors in settlements.

Overview

5
5
years of professional experience

Work History

Operations Analyst OTC Derivatives Settlements

Eclerx Service Limited
Pune
06.2021 - Current
  • Pre-matching and confirming settlements for PLAT and Buy-Side clients, as well as daily settlement processing within currency cut-off.
  • Reconciling Post-Settlement and resolving them on priority.
  • Working closely with Client Contact, Middle Office and Front Office to settle failing trade.
  • Preparation of daily and monthly report for outstanding trades/breaks on timely basis.
  • Managing day to day client queries and escalations by analyzing, investigating and effectively resolving settlement discrepancies on timely manner.
  • Reconciling debit and credit breaks in TLM and matching them on daily basis.
  • Persistently to be in touch with counterparts for failing and unconfirmed/unmatched trades.
  • Escalate exceptions and failing trades to stakeholders for faster resolution.
  • Perform internal and external reconciliation between various Middle Office, Front Office and Back Office applications.
  • Investigate and resolve recon breaks by doing necessary amendments or bookings.
  • Processing and providing Wire Instructions (SWIFT) to counterparts for smooth flow of security and cash.
  • Aware of market cut off of various currency and various markets.
  • Ensure all recon breaks comments are up-to-date, for IM ready reference.
  • Prepare STALE report on CBM to provide comments on breaks which are uncommented.
  • Working on swift MT101 and MT102.
  • Prepared and updated SOP (Standard Operating Procedure) for fund groups.
  • Good understanding of SWIFT message and applications like ALERT and TLM.
  • Provided OJT (On Job Training) to the New Joiners also cross-trained team members on various fund groups to bridging up the knowledge gap of product/process.
  • Created and implemented spreadsheet of essential global contacts for OTC derivatives as team knowledge base.

Accountant-Intern

Saraswati Hospital
Ahmednagar
11.2017 - 11.2020
  • Manage all accounting transactions.
  • Prepare budget forecasts and financial statements in time.
  • Handle monthly, quarterly and annual closings.
  • Reconcile accounts payable and receivable and ensure timely bank payments.
  • Manage balance sheets and profit/loss statements.
  • Audit financial transactions and documents.
  • Reinforce financial data confidentiality and conduct database backups when necessary.

Education

Master of Commerce - Advance Accounting And Cost System

BPHE Society's Ahmednagar College
Ahmednagar
07.2019

Bachelor of Commerce - Cost And Works Accounting

BPHE Society's Ahmednagar College
Ahmednagar
07.2017

Skills

  • TLM Reconciliation
  • Pre-matching and confirmation
  • Nostro Reconciliation
  • Post Settlement
  • Good understanding of the trade lifecycle
  • Client Development
  • Process Improvement
  • Error Reduction
  • Claim Handling

Accomplishments

  • Proven track record of zero errors, ensuring no loss to bank.
  • Took on clients with higher error rate in settlements and reduced errors significantly through consistent communication.
  • Demonstrate outstanding team spirit by creating Excel database of global contacts of OTC Derivatives settlements for team reference.
  • Business Special Award for meeting BAU in the face of high Attrition in Oct 2021.
  • Performance Award for outstanding performer in March 2022.
  • Thank You Award for training & up skilling new joiners to bridge the skill gap in Oct 2022

Additional Information

  • Proficient in MS Office Suite applications including Excel, PowerPoint and Access.
  • Adapt at preparing financial statements, reports and highly oriented to even the minutes of details, with a sharp eye for spotting errors.
  • Ability to Handle Pressure, Quick Learning Ability & Willingness to Learn.
  • Good Knowledge of OTC products- Swap, OTC Options, Portfolio Swap.
  • Excellent workplace attendance record.
  • Strong communication and interpersonal skills.
  • Hobbies - Travelling, Cooking, Trekking, Working Out.

Timeline

Operations Analyst OTC Derivatives Settlements

Eclerx Service Limited
06.2021 - Current

Accountant-Intern

Saraswati Hospital
11.2017 - 11.2020

Master of Commerce - Advance Accounting And Cost System

BPHE Society's Ahmednagar College

Bachelor of Commerce - Cost And Works Accounting

BPHE Society's Ahmednagar College

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Mohit Koke