Prashant Tanaji Desai

• Analyzing the case (case of loan) and deciding on the financials and other documents required.
• Verify the Merchant and its legal existence, Establishment of Proof of Ownership (POO), verifying the legitimate need for funds, legitimate MLE.
• Communicating with closures in US (Counter Parts in US) via email/telephone about the requirements of the case.
• Extrapolate Income statement, Balance Sheet via Banks and Processor Statements.
• Following up sales and enrollment specialist in case when required documents/information not provided.
• Coordinating with the customer service team to process various client requests like Bank change, providing offer to the merchant, providing exceptions.
• Maintaining daily tracker, giving training to new employees.
• Making sure that inspections are performed on 100% of loan applications to ensure completeness of the file, before moving the application over to Funding Approval.
• Managing MFQ (Merchant Financing Queries). It is a specialized desk created towards facilitation of resolving various queries that arise on the floor on a day to day basis.
• To ensure the loan file is accurate and complete before moving the application over to Final Status.
• Taking necessary action in terms of reversing a payment for merchant once an approval is received from the risk team.
• Merchant Financing is a one of kind business funding solution that provides qualified merchants with quick and simple access to cash for their business needs.
• Analyzed financial data to identify trends and provided actionable insights that drove strategic decision-making.
• Developed and maintained financial models to forecast revenues, improving accuracy and supporting budget planning processes.
• Collaborated with cross-functional teams to streamline reporting processes, enhancing efficiency and reducing turnaround times.
• Assisted in preparing financial reports and presentations, ensuring compliance with regulatory standards and internal policies.

• Analysis and spreading of bank statements to check the credit worthiness of merchant.
• Performed periodic reviews and reports on merchants to comply with rules regulation and KYC requirements.
• Analyzed and investigated clients to conduct detailed customer due diligence and enhance due diligence review.
• Supported KYC processes for prospective and existing customers.
• Performing CDD, CIP of the customers through documentation or non documentation process (official valid documents world check, Lexus Nexus, customer 360 portal).
• OFAC screening.
• CFVS screening
• Validation of physical business address using third party sources.
• Supported KYC processes for prospective and existing customers.
• Conducted thorough reviews for high-risk clients based on stratified risk level guidelines.
• Assisted team members in resolving process-related issues and clarified doubts to maintain operational efficiency.
• Assigned daily work schedules to team members to ensure smooth workflow.
• Trained new team members joining the process, providing guidance on systems and procedures.

• Does the P2P activities like Employee Expense audit, Accounting Support and assist in Month end activities.
• Audit and approve of the Employee Expense reports (Reimbursements) as per policy Guidelines and Looking after audit and payments of the expense report.
• Verified required receipts as per the applicable policy are attached and matching with the expenses claimed by employees.

• I have to cross check the received invoices and have to verify as per the rules and regulations set by Client side. Then the final difference in the amount gets credited in the form of Credit notes.
• Passing of Price Differential Claims, issuing credit/debit notes to the client and passing of entries in the SAP.
• Reimbursement of VAT/CST/Local Tax (Octroi, entry tax & LBT).
• Prepare Monthly MRM, Monthly report, Daily processing report.
• Manually verified distributor claims, calculated price differences using Excel templates, and issued credit notes to ensure accurate financial adjustments.

GPA: 76%