Parag Kakade

•Verification & settlement of Inter bank deals & Vostro deals.
•Ensured Timely settlements of CCIL, SWIF, CLS & RTGS Payments
•Preparation of Forex RTGS payments.
•Accepting Vostro funds in Axis Remit Core (ARC)
•Flat Billing, FFS check
•Trade browser Blotter monitoring.
•Stamp Duty payment.
•Updating of process note if any new changes has been made in existing process.

• Validation & Termination of FX forward deals & CTS (Cash, Tom and Spot) deals in calypso.
• Settlement of FX deals in calypso & underlying tracking for Forward deals.
• Utilization of Cash/ TOM/ SPOT/ Forward Deals.
• Monitoring & Reconciliation of GL suspense account. Passing necessary accounting entries if there’s any break in recon process.
• Recovery of fees from client on termination of CTS (Cash, Tom, Spot) deals.
• Trade browser Blotter monitoring.
• Deal verification & settlements of Vostro deals.
• Broker Deals & notes verification.
• Stamp Duty payment.
• Updating of process note if any new changes has been made in the existing process.

• Trained new employees on proper protocols and customer service standards.

• Reconciliation of General Ledger Accounts like Foreign Trade Transaction A/c (FTT), FX Suspense account across Pan India.
• Performing Nostro Reconciliation for all the Outward and Inward remittances across India.
• Ensured that there should not be any items ageing for more than the acceptable days by escalating to respective branches/department for quicker resolution.
• Funding reconciliation with the help of calypso data & Nostro statements (MT 940 & MT 950).
• Preparation and review of Daily MIS & ageing reports and sending it to concerned stakeholders for timely action.
• Reconciliation of Fixed Income Money Market (FIMM) securities, with the help of Demat statements, Ekuber & calypso for Indusind clients.
• Preparation of CFO reports for Board of Directors.

• Conducted technical and analytical reviews of tax returns to check for accuracy and qualified deductions.
• Reviewed customer accounts to identify and resolve irregularities by performing timely audits.
• Collaborated cross-functionally to identify account issues and propose solutions.
• Preparation of receipts & payments statements for finalization of accounts.