Hi, I’m
RAKESH BITLA
Hyderabad
Summary
Experienced banking professional with a proven track record of achieving company objectives through consistent and organized practices. Thrives in high-pressure environments and excels at adapting to new challenges to strengthen the organizational brand. Committed to minimizing company risks while achieving profit goals by making strategic decisions based on sound criteria as a skilled financial analyst and loan documentation specialist. Demonstrated success in leading underwriting teams and training junior staff to handle heavy workloads with exceptional precision. Recognized for expertise in identifying unacceptable risks and preventing fraud.
Overview
5
years of professional experience
1
Certification
Work History
The Citco Group Limited
Senior Analyst
11.2023 - 02.2025
Job overview
- Performed daily reconciliations of cash movements, interest, past due fees, and pending trade and position discrepancies.
- Processed all bank loan activities, including trade booking, settlements, paydowns, rollovers, restructures and commitment changes.
- Extracted notices and funding memos Fund wise and resolved settlement and interest paydown wire queries.
- Verified Customer Agreements (C.A.) before creating new loan obligations and managed periodic rate changes, rollovers, and Letter of Credit activities.
- Reviewed maker-processed activities, identified errors, and provided feedback to improve accuracy and efficiency.
- Submitted daily cash reconciliations to sub teams and ensured timely follow-ups for discrepancies and missing information.
- Provide mentorship and support to junior staff, aiding in the resolution of day-to-day challenges.
- Supervise the seamless transfer of data files between Æxeo and Sentry applications to ensure efficient inbound and outbound transportation.
- Analyse and interpret complex financial data related to bank loans, including interest accruals, principal payments, and covenant compliance.
- Perform reconciliations of daily cash movements, position recon, funded/unfunded recon, and accrual income recon, resolving discrepancies between Æxeo and Sentry applications.
- Address daily trade settlement issues involving market data within the Æxeo application.
- Generate and disseminate regular MIS reports for clients, relationship managers, and senior management.
- Promptly escalate high-priority issues to supervisors and assistant vice presidents, providing detailed information for swift resolution.
- Foster effective collaboration with cross-functional teams, including middle office, accounting, relationship managers, and business solutions clients, to address outstanding issues.
Wells Fargo Bank Pvt. Ltd.
Financial Analyst
10.2021 - 11.2023
Job overview
- Mastering various products within a 6-month period, which demonstrated her quality as a quick learner and helped to subside the heavy inflow of volume
- Knowledge of auditing standards and practices
- Understanding of industry-specific regulations
- Played a major role as a team player in the Process of Home Lending Operations and added value to the process
- Evaluated creditworthiness of applicants according to established criteria and regulatory guidelines
- Ensured that loan processes and applications meet federal regulation requirements
- Conducted comprehensive review of loan files to identify discrepancies, errors, and missing documents
- Prepared closing packages and verified accuracy prior to submitting them
- SME support and process training for new TM's and existing employees
- I have conducted screening for each file that has been processed by an associate to avoid escalations
- Quality check procedure for various tasks performed by associates
- Compiled data using data handling tools such as Excel to infer meaningful insights that improved the quality of the process
- Managing workflow (allocation, reallocation, and prioritization of work to achieve targets per day)
- Verifying Premiums and other documents completed by clients to make sure they were done 100% accurate
- Audited Key Business Operations and created reports based on these audits
- Performance reports will be shared on a weekly, monthly, and quarterly basis
Wells Fargo Bank Pvt. Ltd.
Associate Financial Analyst
11.2019 - 10.2021
Job overview
- Associate Financial Analyst in the Retail Vendor Support Team for Title Commitment and Hazard and Flood Insurance Process
- Coordinated with vendors to obtain documents and played a role as the main point of contact for the vendors and the Processors without any risk
- Controlling the mortgage information of the end customers as per their request on their homeowners and rental policies
- Delivered good-quality work from end-to-end with 100% accuracy
Education
Siva Sivani Institute of Management
PGDM
05.2019
Sri Sarada Degree College
B.Com
04.2017
Skills
- Client management
- Bank Reconciliation Expertise
- Experienced in Data Analysis Using Excel
- Adaptable Team Contributor
- Effective Time Management
- Data-Driven Comparative Analysis
- Effective Documentation Practices
- Portfolio management
Languages
Hindi
Telugu
English
Accomplishments
- Appreciation Certificate for Service and Support in Loan Operations by Citco( 2024)
- R Cube Champion Award by Wells Fargo (2021)
- Secured First Place in National Entrepreneurship Network (2018)
- Secured Fund Raising Certificate in the Event SAMANVAY( SSIM)
Certification
- Google Data Analytics Professional Certificate - Google.
- Corporate Finance: Robust Financial Corporate Finance: Robust Financial Modeling
- Business Tax Foundations
- Technical Examination Certificate
- Root Cause Analysis
Hobbies
- Arts and Painting
- Travel
- Gym
- Photography
- Exploring New Things
- Automobile Enthusiast
Availability
See my work availability
Not Available
Available
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
swipe to browse
Software
MS Office and Libre
Tally ERP
Adobe Photoshop & Light Room
Prezi and Emaze
Work Preference
Work Type
Full TimeWork Location
HybridRemoteOn-SiteImportant To Me
Work-life balanceCompany CultureFlexible work hoursCareer advancementTeam Building / Company RetreatsPersonal development programsHealthcare benefitsWork from home optionPaid time offPaid sick leaveStock Options / Equity / Profit SharingInterests
Exploring New Things
Automobile Enthusiast
Timeline
Senior Analyst
The Citco Group Limited
11.2023 - 02.2025
Financial Analyst
Wells Fargo Bank Pvt. Ltd.
10.2021 - 11.2023
Associate Financial Analyst
Wells Fargo Bank Pvt. Ltd.
11.2019 - 10.2021
Sri Sarada Degree College
B.Com
Siva Sivani Institute of Management
PGDM
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