Prashant Chavan
Pune
Summary
To work in a challenging atmosphere by holding a key position in the field of Investment Banking where my professional skills and experience can be put in continuous upgradation of knowledge as per organizational requirement.
Overview
15
15
years of professional experience
Work History
Assistant Manager
Infosys BPM
04.2024 - 08.2025
- Prepared and presented Monthly Business Review (MBR) to onshore team, highlighting key insights and performance metrics.
- Ensured compliance with various sanctions regulations like OFAC, UN, EU etc.
- Reviewed sanctions alerts, effectively resolving false positives to maintain compliance integrity.
- Escalation of high-risk transactions to compliance teams.
- Review cross - border and domestic payments for sanctions compliance.
- Executed callbacks in compliance with FTTOP policy to ensure regulatory adherence.
- Verification of letter of direction against onboarded and updated authorized signatory list.
Deputy Manager
State Street Corporation
11.2010 - 03.2024
- I am working with Global Custody, Cash & Compensation Core Payments operations and wire transfers department as Manager and managing span of 30 employees of Asset Owner Client's business. 'Cash & Compensation' provides centralized processing for cash transactions and settlement across the global also having 2 Years experience in Payments testing and UAT support.
- Managed SWIFT (Cross Border Payments) types, handling all major categories of payment investigations.
- MT103, MT202, MT200, MT210 and MT304, MT380, MT599, ACH, Understanding of FedWire, Cross Border Payment, Cheque Payment for International banking business and Authentication of transactions i.e. Payments, FX, Receipt, Expense, Invoice Booking, Cheque Processing, Capital Stock processing and Fund Transfers (wire Payment) instructions received via SWIFT and Fax for international and domestic market.
- Coached team on critical errors and researched various cash instructions received via SWIFT and FAX to resolve transaction processing issues.
- Undertook major incident management (i.e. claims, escalations, BCP, errors) with other stakeholders and worked to reduce major incident occurrences through root cause analysis and proactive measures with support teams.
- Ensured cash reconciliation for general ledger, cash, position vostro, nostro, and loro accounts.
- Design business workflows and provide input for automation project of Cash Applications.
Education
Bachelors of Commerce (B.Com.) -
Pune University
04-2009
Skills
- Cross-Border Payments
- Payment Operations
- SWIFT MT/MX
- ACH & FedWire
- Payment Investigations
- UAT Payments
- Nostro reconciliation
- FX Operations
- SSI & FTTOP
- Process automation
- Incident Management
- Exception Management
- Team Leadership
- Stakeholder management
- MIS/MBR Reporting
- Process improvement
- Payment investigations
- SWIFT processing
- Subscription and Redemption
Personal Information
- Date of Birth: 04/07/89
- Marital Status: Married
DECLARATION
I hereby declare that the above information given by me is correct to the best of my knowledge and belief.
Date: Place: Pune
Timeline
Assistant Manager
Infosys BPM
04.2024 - 08.2025
Deputy Manager
State Street Corporation
11.2010 - 03.2024
Bachelors of Commerce (B.Com.) -
Pune University