Summary

Overview

Work History

Education

Skills

Accomplishments

Languages

Timeline

Rohit Swamy

Pune

Summary

To leverage academic Knowledge of 7+ year in financial sector including Investment banking and corporate world. High productivity and completing tasks with precision. Possess specialized skills in process optimization, workflow management, and risk mitigation. Excel in communication, teamwork, and problem-solving to enhance operational effectiveness.

Overview

years of professional experience

Work History

Associate Process Manager

Eclerx services limited

08.2022 - Current

I am working with the Morgan Stanley over-the-counter derivatives client service team on cash breaks and trade reconciliation
Investigate and escalate high-value funds on priority to the control team
Creating a failed report of funds and circulating it to all settlement teams to advise
Monitoring fund held in OFAC and reaching out to the AML (Anti Money Laundering) team to get this release
Analyzed current processes for areas of improvement and recommended changes accordingly
Performed root cause analysis of operational issues to identify underlying problems
Provided guidance and support to staff on process implementation activities
Conducted training sessions for new staff members on established processes and procedures
Coordinated resources across multiple departments to ensure efficient workflow processes
Conducted regular meetings with team members to review progress on process improvements
Identified potential risks associated with proposed process changes and suggested mitigation methods

Team Leader

State street HCL Services (India) Private Limited

01.2021 - 08.2022

Identify opportunities for process improvement and automation within the Middle Office function
Work with State street future contract derivatives service team
Managing cash flow settlements, Correcting the error trade and reconciling accounts
Manage Derivatives trades, including Exchange-Traded Derivatives such as futures, and Over-the Counter (OTC)
This includes trade capture, trade allocation, exception clearance, trade confirmation, reconciliation, and risk monitoring
Cross check the flow of trade, share high and low price of that day with the help of market make or other tools
Validation / confirmation and Reset the trade
Cross check with account balance related to any relevant break and cross check the OTE (open trade equity) balance for that trade
Collaborate with clients, brokers, and other to ensure smooth trade execution and resolution of trade-related discrepancies
Work closely with clients, providing support in managing their Middle Office functions and addressing any inquiries or issues that arise
Suggest improvements to processes and taking ownership of service provided to clients
Ensure accurate and timely trade capture, validation, and allocation of Derivatives trades
Communicate and coordinate with brokers, trading desks, and other stakeholders to resolve trade-related discrepancies and issues
Identify opportunities for process improvement and automation within the Middle Office function

Senior Finance Analyst

EClerx Services India Pvt. Ltd

11.2017 - 01.2021

I work with Morgan Stanley over the counter
Managing cash flow settlements, dealing with an array of queries ranging from trade discrepancies, corporate actions, and position reporting
Perform daily reconciliation of incoming cash products by using the Intelli-Match application
Reach out to various settlement teams for unapplied funds
Applying received unapplied funds from the suspense account to correct booking
Providing coverage to the fund according to client account and counterparty details to the respective client
Issuing a recall message for the payment made in error to other clients and also providing debit authority to the agent bank via the MT 199/299 Swift message type to kickback the fund where it came from
Taking relevant officer-level approval to hold suspense funds that are hitting the firm-wide suspense policy threshold
Perform an investigation on the unapplied funds breaks through SWIFT provided by clients and past settlements
Monitor the funds held in OFAC and reach out to the AML (anti-money laundering) team to get this release
Perform recall, kickback, and internal transfer for funds via SWIFT MT299/199

Senior Accountant

D.D. Nangude & Associates

02.2014 - 09.2017

Maintain records of vouchers, invoices, payments, etc
Handling day-to-day accounting
Preparing invoices and following up for pending payments
Handling all banking-related works
Communicating with clients and vendors through phone calls or email
Making payments through various modes like NEFT, cash, checks, etc
And keeping track of them

Sales Executive

ICICI Bank

01.2013 - 01.2014

Sale of banking products to clients
Prospecting and identifying new leads and pitching to the clients
Corporate sales to get premium and HNI clients
Strategizing and implementing ways to achieve sales targets
Ensure customer satisfaction through regular engagement
Resolve customer queries/issues and facilitate customer service
Maintain periodic status reports, including daily activity reports and calls/follow-ups made

Education

CIA - Finance and Accounting

ICA

12.2013

Bachelor in Commerce - Commerce

Bharti Vidhyapeeth University

Pune Maharashtra, India

09.2013