Pranali Rode
Kalwa
Summary
Dynamic financial professional with a proven track record at BNY Mellon, excelling in process optimization and data reconciliation. Adept at enhancing workflows and fostering client relationships, I successfully implemented automation tools that improved efficiency and accuracy. My strong analytical skills and commitment to service excellence drive impactful results in fast-paced environments.
Overview
10
10
years of professional experience
Work History
Senior Representative Fund/CL To Middle Office TL
BNY Mellon
04.2022 - Current
- Evaluated and enhanced existing BAU processes by identifying inefficiencies and implementing process optimizations within the TLM system.
- Served as a core member of the middle office team, responsible for reconciliation across IBOR, ABOR, and CBOR books.
- Provided reconciliation expertise to stakeholders managing position data, including teams handling Corporate Actions, Trade Operations, Private Placements, and Portfolio Onboarding.
- Supported team leadership through task allocation, workload oversight, and performance evaluation, including assistance with mid-year and annual appraisals.
- Contributed to business analysis and feasibility assessments aimed at enhancing global account governance controls, and collaborated with developers to refine reconciliation workflows.
- Built and maintained strong relationships with internal BNY clients, consistently delivering high-quality support and service excellence.
- Coordinated with custodians, data vendors, and account managers to verify the integrity and consistency of financial data across systems.
- Promoted customer service excellence by sharing key metrics, leading client calls, and proposing workflow improvements; implemented enhancements including new tools and process refinements.
- Completed Alteryx Advanced Certification, demonstrating expertise in data automation, workflow design, and analytics.
- Efficient Reconciliation: Perform detailed manual three-way reconciliation (Broker Vs IM Vs BNYM) using TLM, resolving any discrepancies to maintain financial integrity.
- Fee calculation and booking: Accurately calculate and book various fees, such as administrative, management, and performance/incentive fees, using Geneva, ensuring client satisfaction and compliance.
- Handling Different kind of products such as Equity, fixed income products like bonds, SWAPS, Futures.
- Collaborative Client Coordination: Foster strong relationships with upstream and downstream teams to streamline processes and enhance productivity. Lead monthly client calls on valuation, reporting, and reconciliations, ensuring clear and effective communication.
- Proactive Issue Resolution: Investigate and resolve any discrepancies in PNL, capital activity, cash balances position balance before client release, maintaining high standards of accuracy and reliability.
- Cross trained on prepare and deliver comprehensive Monthly GAV to clients, ensuring clarity and accuracy. Manage daily and monthly client reporting, meeting all specified requirements.
- Audit and Compliance Management: Address audit queries efficiently and finalize timelines with auditors. Support the completion of documentation for client-specific procedures, ensuring compliance and thoroughness.
- Process Optimization: Developed and implemented a macro that significantly streamlined the current processes, resulting in enhanced efficiency, reduced error rates, and time savings for the team.
- Allocation of tasks within team by analyzing the core skills of the team members.
- Creating the training plans & conducting trainings for new employees.
- Responsible for quality check and maintaining KPI of the team.
- Review the daily reconciliation done by the team members before release.
- Conducting process update and daily huddles.
- Weekly Call / Communication with Onshore team for updates and expectations.
- Prepare / update SOPs for the activities performed in the process.
- Maintaining Update log / error log of the team.
- The Bank of New York is considered the world’s largest custodian bank and securities services company. It offers a range of services, including investment management, investment services, and wealth management. (http://bnymellon.com)
Senior Financial Executive
Citicorp Services India Private Limited
06.2021 - 04.2022
- Responsible to release trade instructions in the market and following up with a local agent to ensure a smooth settlement for DTC, FED, and Clearstream markets.
- Prioritizing the high-value trades to avoid any claim or penalty charges.
- Calculating TMPG claim amount and working with a broker to claim the same.
- Accepting trades from DTC RAD and posting the entries in the client account when trades are settled.
- Processing TBA WIRES.
- Working on Corporate action trades.
- Responsible to contact broker and client in case of failure of trades.
- Citicorp Services India Private Limited provides financial services. The Company offers commercial vehicle and construction equipment lending, trade advance, loan against securities, and consumer loan services. Citicorp Services India serves customers worldwide. (http://citigroup.com/)
Financial Associate
Atos Syntel
08.2018 - 01.2021
- We do Performance attribution of comparing the Funds with its Benchmarks having the same strategies.
- Manage daily settlement activities of Collateral trades (free receives/deliveries) such as US-T bills, USD cash wires.
- Managing settlement activity for all markets such as DTC, FED, Euro Clear, CEDEL and domestic markets of various other countries.
- Provide 90+% resolution for daily fail trades.
- Timely and effective communication with onshore team on a regular basis.
- Perform audit of all outbound margin calls after completing settlements.
- Assign all the respective trades in Fail Station to the respective team members.
- Process, validate, reconcile and respond to margin calls from brokers.
- Work and co-ordinate with brokers and custodians to settle the trades and money difference of the Corporate Bonds.
- Provide updates to clients regarding the Aged and Large Fails.
- Update comments in Fail Station about the fails reported by both, the bank and brokers.
- Prepare Fails and Reconciliation Reports and send it to the client.
- Send pre-matching file data to banks for the next day’s trades to avoid trade failures.
- Provide updates to internal accounting team regarding the accounting breaks.
- Create End of Day (EOD) reports for the client about all the fails reported by banks and brokers, with the reason of fails along with the reconciled resolutions.
- Work with operation support team to update the SSI for both banks and brokers.
- Help banks and brokers to get correct settlement instructions. Also, work with them to settle the tri-party trades via Release letters.
- Ensure day to day processing is conducted efficiently and all the issues are brought to resolution with clear communication and thoroughness.
- Strive to anticipate client questions and be proactive in communications.
- Build strong internal networks to ensure a high level of co-ordination and the ability to complete timely reporting.
- Interact with client for insufficient holding and correction of incorrect trade ticket.
- Ensuring all maturing securities are substituted, settlement of bilateral OTC trades and paying and receiving interest / coupons.
- Atos Syntel is a global leader in digital transformation with over 110,000 employees in 73 countries and annual revenue of over € 11 billion. European number one in Cloud, Cybersecurity and High-Performance Computing, the Group provides end-to-end Orchestrated Hybrid Cloud, Big Data, Business Applications and Digital Workplace solutions. (http://www.atos-syntel.net)
- Cross-trained on various aspects of Margin call.
- Outbound Margin Call: Got crossed trained on newly outbound margin process where we issue the margin call to counterparty, processing the response, booking the trades into system to send directive to custodian for receiving or delivering collateral.
- Got knowledge on checks like collateral eligibility and double posting before booking the trade. Escalating the issue in a timely manner if necessary to get it resolved.
- Inbound Margin Call: Processing, Validating and responding to margin calls from brokers at a portfolio level, and comprehensive monitoring of trade transactions, booking of trades into the system to send directives to custodian for receiving or delivering collateral.
- Acadia Margin Call: Issuing margin call through portal, rejecting the pledges if invalid and accepting the pledges on daily basis.
- Dispute Resolution: Support a high-quality dispute resolution process and help client to cover their exposure on daily basis, depends on volume of dispute escalating the issue to higher lever if necessary.
Financial Advisor
Sundaram Business Services
05.2017 - 07.2018
- My primary role is but not limited to manage a portfolio of our esteemed clients. My role involves reconciling the transaction information, classifying the entries into purchases and sales. Alongside, identifying and rectifying errors if any.
- Compute daily and monthly portfolio performances and attribution of funds.
- Perform rationality check of the documents received by the clients and execute root cause analysis in case of any discrepancy found. Raise queries with the client seeking clarification for the discrepancy found and gathering any missing documents if any.
- Create a portfolio status report and share it with the client.
- Monitoring price variance daily and perform various research to check for deviation, with the assistance of Portfolio Managers.
- Preparing daily Profit and Loss report for the proprietary accounts.
- Sundaram Business Services is a global outsourcing company with over 1000 employees servicing over 100 clients across three continents viz, Australia, India, and the UK. It helps its customers achieve higher efficiency in controlling costs and reducing risk while leveraging on its experience to improve operations. (http://www.sundarambizserv.com)
Financial Advisor
Birla Sun Life Insurance
09.2015 - 02.2016
- Liaising with clients and making investment recommendations basis in-house research conducted by a team of experts on various financial instruments such as Equity, Debentures, Mutual Funds, etc.
- Fundamental Analysis, Technical Analysis, Sources of Finance Live Share Trading.
- We used to calculate & analyze risk of investment held by our esteemed clients.
- We used to adjust the percentage of all the assets in our client's portfolio based on their risk tolerance, goals and investment timeframe.
- Aditya Birla Capital Limited (ABCL) is the holding company for all the financial service business of the Aditya Birla Group. It ranks amongst the top 5 managers in India (excluding LIC). (https://www.adityabirlacapital.com)
Education
Executive MBA -
NSE - Guru Nanak Institute of Management Studies
04.2021
Banking & Insurance -
K.G. Joshi College of Arts & N.G. Bedekar College of Commerce
03.2017
HSC - Commerce
K.G. Joshi College of Arts & N.G. Bedekar College of Commerce
02.2013
SSC -
J.H. Ambani School
03.2011
Skills
- Process optimization
- Data reconciliation
- Financial analysis
- Workflow automation
- Performance evaluation
- Client relationship management
Languages
- English
- Hindi
- Marathi
- German
Extracurricular Activities
Runner-up in the Swimming competition at State Level. Been a part of the Water Polo Team at State Competition and in National Camp. Participated in Treasure Hunt held at college during the college festival.
Hobbies and Interests
- Swimming
- Trekking
- Travelling
- Listening Music
Personal Information
- Date of Birth: 06/10/95
- Marital Status: Single
Mailing Address
B/S-2 Chitralekha CHS, Vikram Nagar, Kalwa (West), Maharashtra, 400605
Timeline
Senior Representative Fund/CL To Middle Office TL
BNY Mellon
04.2022 - Current
Senior Financial Executive
Citicorp Services India Private Limited
06.2021 - 04.2022
Financial Associate
Atos Syntel
08.2018 - 01.2021
Financial Advisor
Sundaram Business Services
05.2017 - 07.2018
Financial Advisor
Birla Sun Life Insurance
09.2015 - 02.2016
Executive MBA -
NSE - Guru Nanak Institute of Management Studies
Banking & Insurance -
K.G. Joshi College of Arts & N.G. Bedekar College of Commerce
HSC - Commerce
K.G. Joshi College of Arts & N.G. Bedekar College of Commerce
SSC -
J.H. Ambani School