PRABHAKAR RAMESH MAGAR

• Analyzed process workflows to identify improvement opportunities and streamline operations.
• Managed documentation and maintained records for process audits and reviews.
• Facilitated training sessions for staff on best practices and compliance standards.

. Involved in the settlement process of trades as a part of Bank loans.

· Processing all bank loan activities on WSO (Wall Street office) like trade booking, settlements, borrowings, paydown, rollover Wire payment, Restructure, PIK, Interim interest as per notice and ensure the same reflecting on accounting (MCH).

· Research on Past dues, Unapplied wires, position and trade discrepancy. Ensure comments are updated on daily basis for Past dues, incoming wires and creu breaks.

· Chase counterparty and agent bank for queries of settlement, Paydown & Interest wires.

· Daily working on KRI items to reduce cash breaks and identify the root cause to clear the cash break and Past due which are aged and get them to resolve by interacting with agent and client.

· Assigning the work responsibility among team members and giving training to new resources also review the activities processed by maker and assist them with resolution to ensure them understand the concept.

· Run daily reports and reconcile cash breaks, income variances and coding the agent notices as per instructions.

· Respond to ad-hoc mails related to loan servicing and ensure that month end activities are completed within the stipulated deadlines.

· Applications - WSO (booking all loan posting), Loan ops (Used to match Incoming wires with accruals), MCH (Posting loan activity for accounting), Scheduler Assistant (to run reports), LS dashboard (Trades), VMW(to release USD payments).

The very first role is to book the trade received from IM.
Setting SMF (Security master file) in database.
Process the trades as per IM instruction.
Trade reconciliation.
Verify each transaction as per security and portfolio wise.
Trade reconciliation to cross check each transaction.
Used to deal with Bonds, Derivatives, Equity and other Mutual investment security.
Knowledge of Bloomberg to extract the security information from it.
Trade Processing, trade correction and Amendments.
Handling multiple type of reconciliation i. e. Trade Recons, Asset recon
Booked trades came through various automated sources as well as manual sources.
Booking and verification of corporate action as per client request.
Having knowledge of corporate bonds, short term bonds, money market securities,
Asset backed securities and other US governments.
Setting up all above securities in database(SMF)
Use Bloomberg terminal MCH for collect securities information.
Interaction with clients on daily basis.

• PO Creation, handling & rectifying errors.
• Invoice Processing & Verification.
• Vendor payments & allocation to appropriate invoices.
• Vendor reconciliation.
• Vendor master data creation.
• Resolving invoice queries by coordinating directly with vendors.