Summary
Overview
Work History
Education
Skills
Disclaimer
Languages
Personal Information
Websites
Timeline
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PRASHANT LAKHAN

Mumbai

Summary

Dynamic financial professional with experience at CITI and a background in regulatory reporting and trade reconciliation. Proficient in Microsoft Excel and adept at problem-solving, I excel in analyzing data to drive compliance and operational efficiency. Passionate about leveraging my skills to enhance reporting accuracy and streamline processes.

Overview

6
6
years of professional experience

Work History

Officer - Regulatory Reporting Exception Management

CITI
11.2022 - Current
  • Analyze and investigate NACK (Not-Acknowledged) messages received from the Depository Trust & Clearing Corporation (DTCC), and replay positions as appropriate, ensuring complete reporting to the regulator.
  • Perform analysis, if necessary, in conjunction with the IT and Project Team, to identify the cause of and resolve issues.
  • Work closely with the Control team to identify trades breaking in the reconciliation that require data repair to achieve resolution.
  • Raise items to the IT Book of Work to fix the root cause of NACKs.
  • Investigate timeliness misses in the APAC region, ASIC, and MAS eligible trades, and communicate results with managers, as well as with Trade Management teams.
  • Preparing the procedure documents.
  • Preparing the MIS report for the APAC, EMEA, and NAM regions (CFTC, SEC, CAD, EMIR, FCA, ASIC, MAS, HKMA).
  • Collaborated with automation team, enhancing manual reporting through development of efficient system.

Operation Analyst

MORGAN STANLEY
06.2021 - 05.2022

Credit Dealers Confirmation

  • Sending across affirmation requests to clients and making sure trades are executed within the timelines
  • Regular follow ups with clients and using the escalation matrix wherever required
  • Dealing the end to end flow of the process and get into contact with sales and trading, brokers, MO and settlement teams on a regular basis to resolve breaks raised by clients
  • Researching and resolving documentation discrepancies through proactive communication with internal partners (legal, sales, trading) and external counterparties
  • Ensuring accuracy and completeness of internal confirmation records versus electronic platforms

Interest Rate Confirmation.

  • Responsible for matching interest rate confirmations to adhere to CFTC/EMIR confirmation guidelines, and ISDA definitions.
  • Chasing the counterparty for signed confirmations, or requesting them to provide their confirmations for the trade to close within the timeframe.
  • Identifies CP, confirms by economic parameters, and attaches the confirms to the correct trade.
  • Liaise with sales and trading desks on a daily basis to resolve counterparty inquiries and booking discrepancies.
  • Reconcile both the confirmations and accordingly match the confirmations.
  • I also prepare daily BAU reports.

Financial Analyst

ECLERX PVT LTD
12.2019 - 07.2020
  • I worked for Eclerx service Ltd as an Finance analyst role
  • In Commodities settlement process where i did Financial and Physical settlement of a ( Natural Gas & Oil ) from start booking the trade and analysing it, reconciliation accurately, issues solving between the clients till the final settlement

Education

Accounting & Finance

MUMBAI UNIVERSITY
Shahad
01.2019

HSC -

MUMBAI UNIVERSITY
Kalyan
01.2015

SSC -

MAHARASHTRA BOARD
Kalyan
01.2012

Skills

  • Microsoft Excel
  • PowerPoint
  • Data analysis and VLOOKUP
  • Management Information Systems (MIS)

Disclaimer

All information in this resume is true and correct to the best of my knowledge and belief

Languages

  • English
  • Hindi
  • Marathi

Personal Information

Date of Birth: 17/01/1998

Timeline

Officer - Regulatory Reporting Exception Management

CITI
11.2022 - Current

Operation Analyst

MORGAN STANLEY
06.2021 - 05.2022

Financial Analyst

ECLERX PVT LTD
12.2019 - 07.2020

Accounting & Finance

MUMBAI UNIVERSITY

HSC -

MUMBAI UNIVERSITY

SSC -

MAHARASHTRA BOARD
PRASHANT LAKHAN