Summary
Overview
Work History
Education
Skills
Accomplishments
Timeline
Generic

Pratik Bhise

Senior Process Associate - Fund Accounting
Pune

Summary

A results-driven Senior Process Associate at BNY, specializing in Global Fund Accounting Support Services. Skilled in Mutual Funds, ETFs, Cash & Asset reconciliation, and Corporate Action Resolution, With strong analytical, problem-solving, and leadership skills, I excel in high-pressure environments, take ownership of tasks, and drive operational excellence through collaboration and continuous learning.

Overview

8
8
years of professional experience

Work History

Senior Process Associate - Fund Accounting

BNY
06.2021 - Current
  • Trade Processing & Settlement-Ensured accurate trade recording and settlement across asset classes, maintaining data integrity.
  • Net Asset Value (NAV) Calculation & Validation- Performed NAV calculations (daily/weekly/monthly) and validated fund pricing.
    Verified security prices with vendors like IDC, Six Financials, Yahoo Finance, and Google to ensure accuracy.
  • Corporate Actions & Dividends Processing- Processed mergers, dividends, and stock splits, ensuring accurate fund records.
  • Break Resolution & Adjustment Entries Using MMST- Identified and resolved reconciliation breaks related to trade bookings, corporate actions, and settlement mismatches using MMST.
    Escalated high material NAV-impacting breaks for timely resolution.
  • Expense & Fee Processing- Calculated and booked fund expenses, management, and performance fees.
  • Regulatory & Compliance Reporting- Ensured compliance with other financial regulations.
  • Audit Support & Financial Reporting- Assisted in internal audits, prepared financial reports, and resolved audit queries.
  • Client & Stakeholder Communication- Coordinated with fund managers, custodians, and internal teams for issue resolution.
  • SLA Compliance & Process Optimization- Maintained accuracy, timely processing, and SLA adherence.
    Continuously optimized workflows to improve efficiency and reduce errors.
  • Migration - Played a key role in the successful migration of Safekeeping & Ownership Verification processes from Onshore to India, ensuring a seamless transition, knowledge transfer, and operational efficiency.

Associate & Associate 1 - Cash & Asset Recon

BNY
04.2017 - 06.2021
  • Fund Reconciliation & Issue Resolution- Conducted Cash & Asset Reconciliation, identifying and resolving discrepancies between Accounting and Custody records.
    Researched and resolved breaks in Dividends, Paydowns, Interest, and Corporate Actions to ensure accurate reporting.
    Analyzed Bloomberg data for discrepancies, supporting financial accuracy.
    Provided detailed reconciliation commentary before escalating to the Onshore team.
  • Breaks Monitoring & Reporting- Tracked and reported outstanding breaks weekly, ensuring timely resolution.
    Led discussions with the Onshore team to address and reduce aged breaks (30+ days).
  • Process Optimization & Compliance- Ensured SLA adherence through accurate, timely processing and issue resolution.
    Optimized workflows to enhance operational efficiency and minimize errors.
  • Process Migration & Leadership- Led the Cash & Asset Reconciliation migration to Chennai, ensuring seamless transition and knowledge transfer.
    Served as the Point of Contact (POC) for all process-related queries.

Education

MBA - Finance

Vishwakarma Institute of Management
Pune
04.2001 -

B.Com -

BMCC
Pune, India
04.2001 -

Skills

Time Management

Communication

Adaptability

Fast Learner

Problem Solving

Critical Thinking

Accomplishments

  • Recipient of WOW and BRAVO awards for fostering a high-performance culture and delivering exceptional client service.
  • Recognized by clients for outstanding quality of work and timely deliverables, demonstrating commitment to excellence and operational efficiency.

Timeline

Senior Process Associate - Fund Accounting

BNY
06.2021 - Current

Associate & Associate 1 - Cash & Asset Recon

BNY
04.2017 - 06.2021

MBA - Finance

Vishwakarma Institute of Management
04.2001 -

B.Com -

BMCC
04.2001 -

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Pratik BhiseSenior Process Associate - Fund Accounting